CNBC Healthy Returns convenes a world-class virtual gathering of CEOs, scientists, investors and innovators in the health care space to reflect on the progress made today to reinvent the future of medicine, including the newest drug breakthroughs and device innovations. Plus, an exclusive rundown of the best investment opportunities in biopharma, health-tech and managed care.
WHO SHOULD ATTEND: Health care investors, VCs, C-Suite executives from the biotech, pharma, health care and life sciences industries, health care IT BDMs.
Dr. Nworah Ayogu is Chief Medical Officer and General Manager of Amazon Clinic. Prior to joining Amazon, Dr. Ayogu was the founding Medical Director for CityBlock Health. He has worked with governments, payers, and health systems to improve access and quality of care, and has published research in the multiple journals including the New England Journal of Medicine. In addition, he serves as a member of the White House Health Equity round table, and has held faculty appointments at Harvard and NYU. Dr. Ayogu obtained his MD from Harvard Medical School and his MBA from Harvard Business School. He trained in Internal Medicine at Columbia University and is a board-certified internist.
Jim is the Founder and CEO of Breyer Capital, a global venture capital firm based in Menlo Park, CA. Jim has been an investor in over 40 consumer internet/technology companies that have completed successful public offerings or mergers, including Facebook, Etsy, Legendary, Datalogix and Marvel Entertainment. As a lead investor and/or board member, Jim has assisted teams at over a dozen companies complete IPOs. Several of his investments have returned to investors over 100 times their cost, and over a dozen more have returned over 25 times cost.
Over the past several years, Jim has developed a deep personal and investment interest in long-term oriented entrepreneurs and teams working in artificial intelligence (AI) and human assisted intelligence (HAI) and he has made numerous investments in this space.
Jim also has a long track record of investing in China and partnering with Chinese entrepreneurs, including through Breyer Capital’s major limited partnership with IDG Capital, a premier technology venture capital firm based in Beijing. Jim has been actively involved with IDG China for well over a decade and currently plays the leading outside strategic advisory role for the firm. IDG’s investments in China include Xiaomi, Baidu and Tencent, among others.
Jim currently serves on the board of directors of Blackstone and 21st Century Fox, where he is Chairman of the Compensation Committee and a member of the Nominating Committee. Jim served on Facebook’s board from 2005 to 2013 after leading the company’s Series A funding round. He served on Etsy’s board from 2008 to 2016 and was the company’s largest outside shareholder at the time of its IPO in 2015. Notably, Etsy is one of the first B Corporations to successfully go public and continue to grow significantly post-offering.
Jim was the lead investor for Legendary Entertainment’s first funding round and served as a board member until its acquisition by Dalian Wanda in March 2016. He was also an investor and board member of Marvel Entertainment through its acquisition by Disney in 2009. Jim’s other board memberships include Wal-Mart, where he served for
over a decade and was the lead independent director until his retirement in 2013, and Dell Inc., where he was a director through the company’s $24 billion take-private in 2013.
Jim is passionate about philanthropy and applying venture philanthropy and innovation models to areas such as education, the arts, and environmental sustainability. Jim is a Fellow of Harvard Corporation, Harvard’s senior governing board; a member of Harvard Business School’s Board of Dean’s Advisors since 2001; a member of Harvard University’s Global Advisory Council since inception; a founding member of the Dean’s Advisory Board at Stanford’s School of Engineering; Chairman of the Stanford Engineering Venture Fund; and Chairman of the Advisory Board at the Tsinghua University School of Economics and Management. He is passionate about the Breyer Center at Stanford-in-Florence and is a former Trustee of Menlo School (a grade 6-12 school in Atherton, CA).
In addition, Jim is a long-time Trustee of SFMOMA, The Metropolitan Museum of Art in New York and the American Film Institute (AFI) in Los Angeles. He is actively involved in The Environmental Defense Fund and Stanford’s Center for Philanthropy and Civil Society (PACS).
Jim began his career at Accel, where he was a partner for nearly three decades and served as Managing Partner.
He also co-founded AKKR, a joint venture between Accel and KKR in 2000. Jim graduated from Stanford University with a BS degree, and from Harvard University with an MBA, where he was named a Baker Scholar.
Lars Jørgensen joined Novo Nordisk in 1991 as an economist in Health Care, Economy & Planning and has over the years completed overseas postings in the Netherlands, the US and Japan. In 2004 he was appointed senior vice president for IT & Corporate Development. In January 2013 he was appointed executive vice president and chief information officer assuming responsibility for IT, Quality & Corporate Development. In November 2014 he took over the responsibilities for Corporate People & Organisation and Business Assurance and became chief of staff. Mr Jørgensen was appointed president and chief executive officer in January 2017.
Mr Jørgensen serves as First Vice-President at the European Federation of Pharmaceutical Industries and Associations (EFPIA).
Emma has been GSK CEO and Board Director since April 2017. Emma has been a member of the GSK Leadership Team since 2011, as the President and then CEO of GSK Consumer Healthcare. She chaired the Consumer Joint Venture with Pfizer until its demerger as Haleon in 2022.
Prior to joining GSK in 2010, Emma worked with L’Oreal for 17 years in global and local marketing and general management roles in Paris, London, New York and Shanghai.
Emma joined the Microsoft board as an independent director in 2019. She is a member of the Stanford Medicine Board of Fellows and a member of The Business Council Executive Committee in the US. She was previously a Non-Executive Director of Diageo.
Emma was appointed Dame Commander of the British Empire for services to the pharmaceutical industry and business in 2020.
Emma holds an MA in Classics and Modern Languages from Oxford University.
*Agenda subject to change
11am
Tyler Mathisen, CNBC “Power Lunch” Co-Anchor & Vice President, Events Strategy
The race to bring the world’s first respiratory syncytial virus (RSV) vaccine to market is underway, with GSK first out of the gate for FDA regulatory review this May. But competitors, including Pfizer, Sanofi and AstraZeneca, are also angling for a share of this estimated $10 billion dollar market. In a rare interview, CNBC’s Jim Cramer sits down with CEO Emma Walmsley to learn how the global biopharma giant plans to protect its desired RSV vax turf, replenish its drug portfolio, future R&D spend and the 2023 runway for growth.
Emma Walmsley, GSK CEO
Interviewer: Jim Cramer, CNBC “Mad Money w/ Jim Cramer” Host, “Squawk on the Street” Co-Anchor
Despite a prolonged slowdown in the global biotech market, investors continue to raise record levels of capital across existing and novel funds. Noted life science investor Stephen Squinto examines the state of deal flows, capital markets, safe havens and best opportunities for 2023 and the future.
Stephen Squinto, J.P. Morgan Life Sciences Private Capital Chief Investment Officer & Managing Director
Interviewer: Dominic Chu, CNBC Senior Markets Correspondent
The University of Texas MD Anderson Cancer Center is one of the world’s leading centers devoted exclusively to cancer research, prevention and care. A renowned cancer surgeon, researcher, professor and health system leader, Dr. Pisters shares some of the most innovative cell therapies MD Anderson is developing, including the evolving and expanding use of immunotherapy.
Dr. Peter WT Pisters, The University of Texas MD Anderson Cancer Center President
Moderator: Meg Tirrell, CNBC Senior Health & Science Reporter
Artificial intelligence continues to transform life sciences with breathtaking speed. With the application of computation in healthcare comes trailblazing scientific discoveries, earlier cancer detection, personalized oncology therapies, and better patient outcomes. An insightful conversation about the most promising investment opportunities and commercial applications at the intersection of AI, healthcare and precision medicine.
Dr. Vineeta Agarwala, Andreessen Horowitz General Partner
Jim Breyer, Breyer Capital Founder & CEO
Dr. Sanjiv Patel, Relay Therapeutics President & CEO
Moderator: Meg Tirrell, CNBC Senior Health & Science Reporter
Telehealth and digital wellness spending is estimated to reach more than $32 billion this year. Given the size and breadth of this market, Amazon Clinic enters a crowded field with the promise of saving customers time and money. The virtual health clinic offers prescription renewals and digital care for everything from asthma, high blood pressure, migraines and allergies. Amazon Clinic’s Chief Medical Officer Dr. Nworah Ayogu explains how Amazon is delivering digital healthcare in 2023 and beyond.
Dr. Nworah Ayogu, Amazon Clinic, Chief Medical Officer & GM
Moderator: Bertha Coombs, CNBC Reporter
Dr. Shah, noted health policy expert and global private equity investor, joins us for a wide-ranging conversation on what’s to come from the FDA in 2023, drug pricing and the potential for a Medicare bailout. Plus, his take on the biotech investment landscape and the impact of SVB bank crisis on investors and startups.
Dr. Anand Shah, Clayton, Dubilier & Rice Operating Advisor, Former FDA Deputy Commissioner & Chief Medical Officer, Centers for Medicare & Medicaid Innovation
Moderator: Tyler Mathisen, CNBC “Power Lunch” Co-Anchor & Vice President, Events Strategy
Weight-loss drugs like Ozempic and Wegovy are getting all the buzz lately — discussed on social media, whispered about at dinner parties and endorsed by celebs and tech billionaires. All good news for Danish biopharma Novo Nordisk, which manufactures both medications and has seen sales skyrocket in response to strong global demand. Novo Nordisk’s CEO and the company’s Head of Global Drug Discovery discuss the science, safety, innovation and future growth behind these blockbuster drugs and the coming showdown with expected new entry, Eli Lilly.
Lars Fruergaard Jørgensen, Novo Nordisk A/S President & CEO
Karin Conde-Knape, Novo Nordisk Senior Vice President for Global Drug Discovery
Moderator: Meg Tirrell, CNBC Senior Health & Science Reporter
1pm
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Serving patients and providers for more than 100 years, GE HealthCare is advancing connected and compassionate care, while simplifying the patient’s journey across the care pathway. Together, we’re creating a world where healthcare has no limits. Learn more at www.gehealthcare.com.