Technology is always advancing, especially in the field of medicine as new cures and treatments are always in the works. Unfortunately, like any other business out there, things are not always what they seem. This looks like the case for a Biotech company that has introduced a new medical treatment for patients to fight cystic fibrosis. Kerrisdale Capital has issued a negative report on said Biotech company with the backing of Sahm Adrangi, Kerrisdale Founder, and CEO. As a leading investment company and one of the most reputable investors in the country, Sahm Adrangi is often heard about and listen to for his insight.
Proteostasis is the Biotech company that Sahm Adrangi is currently calling into question, as he doesn’t believe their medical research was thorough and even reviewed to the maximum extent. Kerrisdale managed to get a closer look into the biotech company and has determined that their research and claims have not be done on an adequate sample sizing since they only had four patients for testing. What Sahm found was that during the trial period for their testing, these four patients experience severe drops in their overall lung performance. With such a small sample size and data that looks sloppy and certainly not finished, Kerrisdale is calling Proteostasis claims into question.
Sahm Adrangi has invested in many companies over the course of his career and to tremendous success because of his insight and deep research protocols. Before investing in a company or letting others know a company is safe, Sahm takes the time to truly dig into a company. This is how he found Proteostasis’s supposed breakthrough was actually much less than what it seemed at the surface. According to the report from Kerrisdale, there are no results to be found through the biotech company’s data. Also, should the biotech company’s drug fail to work, they stand to lose virtually all of their assets, so the desire to produce profits is extremely high. After the initial Kerrisdale report on Proteostasis, the biotech company’s share value fell more than 15 percent.
Christopher Burch is the founder and CEO of Burch Creative Capital, a firm that invests in a range of start-ups that possess the potential to be disruptive game-changers in a wide variety of markets. Burch Creative Capital is responsible for many new companies in many types of industries, and Christopher Burch is the primary component that made everything possible.
The entrepreneur studied business at Ithaca College from 1972 to 1976 before entering the world of investment. He now has almost 40 years of experience in this field and has financed the growth of now established brands such as Voss Water, Faena Hotel + Universe, and Jawbone. More recent additions to the investment portfolio of Burch Creative Capital include TRADEMARK, Poppin, Nihiwatu, ED by Ellen Degeneres and Cocoon9. More to read about this on bjtonline.com.
Burch Creative Capital has provided capital to more than 50 promising companies in their early days to aid them in securing a greater market share. As the founder of the enterprise, Christopher Burch understands that great ideas sometimes need an extra financial push to become successful in the future, and that has proven to be true for many young companies that he has funded throughout his years as the CEO of Burch Creative Capital.
Chris Burch has assisted companies in a diverse array of industries, such as technology, organic food items, clothing, home furnishings and retail.
Further examples of firms he has provided millions of dollars in investments to include BaubleBar, Brad’s Raw Food, Little Duck Organics, Chubbies, Soludos and Blink Health. Apart from investing in a plethora of entrepreneurial ventures, Burch works as a co-founder of his fashion brand, Tory Burch. For his recent timeline activities, hit on crunchbase.com.
One of the more enterprising individuals he has helped is Andres Morataya, a Panamanian chef who brought his “back to basics” approach in cooking to one of Burch’s summer parties in the Hamptons in New York. Christopher Burch was impressed by the way Morataya set up a seafood grill using just bricks and driftwood and offered him a place at one of his resorts at Nihi Sumba Island in Indonesia. Click this link to read more about the resort. Morataya, the owner of a farm-to-table restaurant named Panga in Panama, said that even if he is provided modern equipment in Indonesia, he would prefer to keep his options limited in order to allow his creative juices to flow freely, translating them into delicious food cooked using his unique style. Click on tastingtable.com to read related article.
Nowadays, Burch Creative capital is still actively in search of new ideas and entrepreneurs that seek professional funding.
A must-read interview here on http://www.ceocfointerviews.com/interviews/ChrisBurch-BurchCreativeCapital17.htm