PEGS-The Chain Episode 88

August 11, 2026 | How have antibody trends changed over the decades? Janice Reichert, Ph.D., founder and editor-in-chief of mAbs, joins host Paul Carter, Ph.D., to discuss the evolution of monoclonal antibody therapeutics and their experiences with shaping—and documenting—the field. Their conversation covers the advances that have transformed the industry, evolving success rates for antibody therapeutics, and the growing sophistication of multispecific antibodies, antibody-drug conjugates, and more. Plus, they discuss both AI and China's emergence as major forces in antibody development.

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Genentech

mAbs


GUEST BIO

Janice Reichert, Ph.D., Founder and Editor-in-Chief, mAbs
Dr. Janice Reichert is an internationally recognized expert in the development of antibody therapeutics. Dr. Reichert is founder and editor-in-chief of mAbs, a peer-reviewed, PubMed-indexed biomedical journal that focuses on topics relevant to antibody research and development. Dr. Reichert writes frequently on development trends for antibody therapeutics, including the annual ‘Antibodies to Watch’ articles published in mAbs, and she has presented her research results as an invited speaker at conferences held worldwide.

MODERATOR BIO

Paul Carter, Ph.D., Genentech Fellow, Department of Antibody Engineering, Genentech
Dr. Carter received a bachelor's degree in natural sciences from Cambridge University and his doctorate in molecular biology under Sir Greg Winter at the MRC Laboratory of Molecular Biology in Cambridge. He then completed a postdoctoral fellowship with Dr. Jim Wells at Genentech, now a member of the Roche Group. Dr. Carter has nearly 40 years of experience in biotechnology, focusing on the discovery of antibody therapeutics. He played a key role in the creation of antibody humanization methods at Genentech utilized over many years for nine approved antibody products used to treat millions of patients worldwide. Dr. Carter and collaborators invented ‘knobs-into-holes’ technology and common light chains between them used in at least six approved bispecific antibodies. He is currently a Genentech Fellow in the department of antibody engineering.


TRANSCRIPT

Welcome To The Chain

Announcement

Welcome to The Chain, the podcast exploring the lives, careers, research, and discoveries of protein engineers, scientists, and biotech professionals. We look at the impact their work is having on the field and where the industry is headed. Tune in to stay up to date on the newest advancements and to hear the stories that are impacting the world of biologics.

Paul Carter

Well, welcome everybody. I'm Paul Carter. I currently serve as a Genentech Fellow at Genentech. I've been blessed with numerous opportunities in antibody engineering and antibody therapeutics since 1990. Today I have the immense honor and pleasure of being in conversation with Dr. Janice Reichert. So, as many of you know, Janice is an internationally recognized expert in the development of antibody therapeutics. She's also founder and editor-in-chief of mAbs. This is a thriving peer-reviewed journal that focuses on topics relevant to antibody research and development. Janice is also founder and managing director of Reichert Biotechnology Consulting, a pharmaceutical business intelligence research firm. From 2010 to early 2025, Janice also served in various roles at the Antibody Society. So the Antibody Society, or chaps, as I will call it, is a nonprofit association representing individuals and organizations that engage in antibody research and development.

Paul Carter

So Dr. Reichert writes frequently on development trends for antibody therapeutics, including the very popular annual antibodies to watch articles published in mAbs. Dr. Reichert has presented her research results as an invited speaker at many conferences held worldwide. So, on a personal note, I've had the wonderful experience of knowing Janice for about two decades, including several years, when I had the privilege of working closely with her on the board of directors of the Antibody Society. I've also worked closely with Janice as an author and as a reviewer for mAbs. Personally, I'm really inspired by Janice's dedication, commitment to excellence, and scholarship in building mAbs into the fine generalities today. So

Why mAbs Was Created

Paul Carter

let's begin our conversation with the origin of mAbs. So, Janice, please could you tell us the backstory of how you started mAbs? I'm curious. And I believe that this topic will be of high interest to our listeners too.

Janice Reichert

Sure. And thanks very much for that very kind introduction. On a basic level, I created mAbs because the opportunity presented itself. Ron Landis, who was the founder and the publisher of the publisher at Landis Bioscience, contacted me in late 2007 and asked me if I'd be interested in starting a journal about either monoclonal antibodies or biosimilars. I really would never have thought of doing such a thing myself, but I thought, hmm, eh, how hard can it be? How hard can it be? And I said, yes. I believe I chose wisely by selecting monoclonal antibodies as the topic. Landis Bioscience was later bought by Taylor and Francis, and Taylor and Francis is the current publisher of mAbs. The literal creation of the journal occurred in 2008. Pre-launch activities like deciding on the mission and scope, establishing the editorial board, finding assistant editors, issuing a call for manuscripts, and selecting those papers for publication all had to be done prior to January 2009 when the first issue of mAbs was published.

Paul Carter

I think I'm personally grateful, and I think that the Fiord is enormously grateful and has has benefited so much for from your decisions at that time. So looking back, why why do you think that Ron Lendez chose you to lead mAbs?

Janice Reichert

Well, Ron, I have to say, was quite insightful in his selection of editors in chief for mAbs. He very specifically wanted someone who had a global overview of the area, but was not based at a company. I came to his attention because I'd already had about 10 years of experience in researching trends in the commercial development of biopharmaceuticals and in particular antibody therapeutics. I was working at Tufts University at the time as a neutral third-party researcher, collecting and analyzing data about the process of drug development. So my research results were published during the 2000s in journals such as Nature Biotechnology and Nature Reviews Drug Discovery. And as a consequence, I was invited to give presentations at numerous conferences. By 2008, I had developed a reasonably considerable network of people involved in antibody therapeutics development. Overall, the biopharmaceutical industry did seem quite happy with my work, as the publications were from an academic institution considered reputable and authoritative. The benchmarking data was useful as external validation, and the trends I reported for antibody therapeutics were mostly positive. So my experience, expertise, and reputation around 2008 was what prompted Ron to ask me to start mAbs. And I'm very glad that I accepted that challenge.

Paul Carter

Me too, Janice. So kind of looking back on that time, of course, there were a number of pioneering individuals and organizations that created and refined some of the foundational antibody technologies in the 1980s and 1990s. So looking back on innovation at the time, we had chimerization, humanization, and the emergence of robust routes to follow human antibodies, including the use of transgenic mice and phage and ribosome display technologies. However, it's also true that at the beginning of this millennium was still early days with respect to the clinical pipeline with antibodies. So, Janice, what trends were evidenced in your data from that time?

Early Approval Trends For Antibodies

Janice Reichert

Well, all of what you just said is absolutely true. But one key trend that I was able to pick out of the data was the greater approval success rate for humanized antibody therapeutics compared to marine or chimeric antibodies. So that may seem super obvious right now, but at the time it was an eye-opener when I reported that in 2001. More importantly, the rate I reported was substantially higher than previously reported approval success rates for small molecule drugs. This result, again, coming from an academic group well known for reporting drug development metrics, was exactly the kind of external validation needed at the time to justify investments in relevant technologies and development programs. As you mentioned, Paul, it really was early days for the industry. As of the time when the paper was written, exactly five humanized antibodies had been granted an approval. The data for human antibodies was even more limited. As of 2001, antibody therapeutics development was still struggling a bit to be taken seriously. I have to say, looking back at my documentation of the landscape at that time now is a bit amusing. As reported in the paper, the annual number of antibodies entering clinical study did not exceed 17 during the years 1980 to 200. In 2000, the number was 11. For comparison, in the past few years, the annual number of antibodies entering clinical studies has been in the range of, I'd say, about 275 to 325. Nostalgic listeners can find my results published in Nature Biotechnology in September 2001.

Paul Carter

My goodness, that's quite a change over the years. I'm curious, right, kind of looking back to those early days, what trends were you seeing in the different types of antibodies being approved?

Janice Reichert

Well, but probably now a lot of this is kind of self-evident, but that's looking back in time. In the 2000s, other key trends showing up in my data was certainly the gradually increasing numbers of antibody drug conjugates and bi-specifics, as well as those just human and humanized antibodies of any format that were entering clinical studies and importantly progressing, progressing to regulatory review and approval. My job at the time, collecting and analyzing all of this kind of data, set the stage perfectly for the first antibodies to watch article in 2010.

Paul Carter

And so that kind of begs the question: how how did you decide to start the antibody to watch article series? And another question is did you have any inkling at that time of the the year the explosive growth in the antibody theater over the subsequent 15 years or so?

Antibodies To Watch Origin Story

Janice Reichert

The first article, Antibodies to Watch in 2010, very nicely solved a problem that cropped up towards the end of MAB's first year of publication in 2009. As it turned out, unbeknownst to me when I took the job, Iran was offering. A key hurdle for a new journal is the initial lack of indexing. At the time, journals could be indexed in PubMed only after a committee met in person and reviewed four print issues. And this committee only met a couple of times per year. By October 2009, we had passed that challenge. We had been approved for indexing, but the process is slow, and it would take several months for published articles to begin to appear in PubMed. Because of this, my author Pool is getting a little bit skittish. Everybody wants their articles indexed in PubMed. That's understandable. And the deadline for submissions for the January-February 2010 issue was fast approaching.

Janice Reichert

So around that time, I was getting mighty nervous. Necessity being the mother of invention, I then had the, of course, absolutely brilliant idea of writing a paper myself about the late-stage pipeline, antibody therapeutics in review, and those recently approved. Everyone by now will recognize that as core antibodies to watch content. And I already had all of the relevant data, so it was easy peasy. Antibodies to Watch, I don't know, it just popped into my head. It seemed like a catchy title. And the rest is history. Now, to answer your second question, I of course had no idea how much the field of antibody research and development would grow and expand over the next 15 years. Antibodies to Watch in 2010 documented 26 antibody therapeutics in late-stage clinical studies at the time. Antibodies to Watch in 2027 is likely to include approximately 250 late-stage molecules, so nearly 10 times the number that I counted in 2010.

Janice Reichert

The article series does capture an annual snapshot of the most advanced stage of the molecules. So that growth in the late-stage pipeline occurred regardless of the many transitions to regulatory review or determinations that may have happened because molecules that undergo such transitions are excluded from the late-stage count. So, Paul, I've been talking a bit here about antibody therapeutics development from my perspective as a third-party observer of the process, working in the academic, nonprofit, and consulting sectors over the past 25 years. You, however, have extensive experience in industry. So I'd love to hear your perspective on key advances in the fields. Which do you think were truly transformative?

Transformative Breakthroughs And Manufacturing

Paul Carter

So, Janice, thank you for this excellent question. So, my esteemed Genentech colleagues, Andy Chan, Greg Mond, Greg Martin, and I pondered this topic in writing an article for Nature Reviews Immunology in 2025. So, our main writing goal was to celebrate the 50th anniversary of the invention of monoclonal antibodies by Keller and Millstein by providing a historical perspective on the evolution of the field. Writing this review brought home to me the large number and complexity of problems spanning different disciplines that we'd sold as a field to develop antibodies as therapeutics. So let me try to give you a flavor for this. Of course, a lot of basic research had to happen into understanding the pathobiology of disease, target identification, coming up with therapeutic hypotheses to intervene with antibodies.

Paul Carter

No, the next step was sort of antibody generation, then preclinical and clinical testing for safety and efficacy. Of course, we quickly found out, as a field, the kind of limitations of mouse antibodies as therapeutics, and that spawned a lot of innovation with chimeric humanized and human antibodies to address these challenges. I think one thing in writing this review, you kind of realized what was sort of a non-sung area of innovation with antibody therapeutics was biof manufacturing of pharmaceutical grade antibodies on a kilogram to ton scale. So now we're gonna back and start asking all the questions. Hey, I thought I was the interview, but there you go. Um let me pronounce this section with with a comment. And so we're kind of looking at the field, we have over 200 antibodies that have been approved worldwide. And as a field, we've gained an enormous amount of knowledge on how to design antibodies, how to develop them as therapeutics, including selection of targets, different mechanisms of action, better understanding developability.

Paul Carter

So think that this would help and we would our success rate would go up. But there, on the other hand, we're constantly pushing the envelopers afield with merging biology, new technologies, bi-specific, tri-specifics, multi-specifics, conditional activity, and you think we would actually make the success rate go down. So you're kind of in a in a unique position of having tracked this metrics meticulously for decades. So I'd love to hear from you what you're seeing with success rates with antibody therapeutics and how how these have changed or not over time.

What Success Rates Really Show

Janice Reichert

Well, still, very importantly, relative to small molecules, antibody therapeutics are more likely to survive that gauntlet of clinical trials. Since my initial report about approval success rates in 2001, I have returned to this topic multiple times. The most recent analyses were published in Antibodies to Watch in 2019, the 2024 version, as well as the 2025 versions. The most recent analyses were published in Antibodies to Watch in 2019, 2024, and 2025. The results do depend a lot on the stratification of variables, such as the period of clinical entry, therapeutic area, as well as format. Overall, the rates have been reasonably consistent over time, with antibodies for non-cancer indications having higher success rates compared to those for cancer, and naked and by specific antibodies having higher success rates compared to antibody drug conjugates. It is a complicated topic, so I direct interested listeners to the antibodies to watch papers for specifics.

Paul Carter

Thank you, Janice. So let me ask you another series of questions related to trends. I'm curious from your unique vantage points of editor-in-chief of mAbs, what really excites you today in terms of trends with antibody therapeutics?

Janice Reichert

I'm very

Complex Formats Raising The Bar

Janice Reichert

excited about the current trend toward radically enhancing the functionality of the molecules, particularly by mixing and matching formats. There are many examples of this in the ADC space, including the bispecific ADCs, dual payload ADCs, and dual payload bispecific ADCs. Unconventional ADCs are also an exciting development. These are antibodies conjugated to something other than a small molecule toxin. In particular, conjugating and oligonucleotides such as SIRNA has a lot of potential to expand the functionality of antibodies. An antibody oligoconjugate recently entered clinical review, and several are in late-stage studies.

Paul Carter

So clearly there's a lot of innovation with ADCs, including different payloads and formats. You know, beyond this, I'm wondering what else kind of excites you and trends that you're seeing with antibody therapeutics perhaps in the different formatting area.

Janice Reichert

Yeah, beyond the ADCs, there's also a lot of diversity in the multi-specific antibody space. Nearly 50 trispecific antibodies are in clinical development, along with several tetraspecifics. Another way to enhance functionality is to design molecules so they're selectively activated in the tumor microenvironment. Several such conditionally active bispecifics are in clinical studies. I don't know of any conditionally active multi-specifics in the clinic yet, but some are in preclinical developments. One caveat I want to point out, though, is that no matter how clever the design, the molecules must be developable, manufacturable at a suitable scale, and of course they must be safe and effective in patients. These are substantial challenges for the complex formats. Progress is being made, though, and I look forward to including more of these types of molecules in future installments of antibodies to watch. Letting me turn the tables again here, Paul. Do you have favorites among the complex formats? And of course, what do you think are their greatest benefits?

Paul Carter

Well, thank you for the question. And certainly this is a topic gross to my heart, having worked in the biospecific field for you know many years. And you know, in in reviewing the approved biospecifics, or now over 20 that are approved, and they represent a handful of different formats. And of course, there are many, many more which are have been developed frequently. Fragments, biospecific IgGs, different different valency. Truly, I think one of the strengths of this field is having multiple different formats and and the ability to customize the design for the particular clinical application. So it's not a case that one site, one kind of format of bi-specific is always going to work best. And I and I think you know, in an ideal situation, well, one will both include design and empirical testing of different formats pre-clinically to figure out what works best. So with that, let's transition to another topic. And again, it's a trend that I I became more aware of in working on the the the nature of use immunology article.

China’s Rapid Rise In Antibodies

Paul Carter

And specifically, I'd noticed in recent years the growing number of first approvals of antibody therapeutics outside of the USA and Europe, particularly in China. So, Janice, I'm wondering what are your thoughts on how China has emerged as a major player in developing antibody therapeutics?

Janice Reichert

I have to say, the rise of China's biopharmaceutical sector in the past decade is an absolutely fascinating topic. For perspective, the current global commercial clinical pipeline includes at least 1,700 antibody therapeutics. Of these, around 700 or about 40% of them, they come from or they originated at firms headquartered in China. Of the remaining 60%, half are from US-based companies and half are from companies based in other countries. China began focusing on growth in the biotech sector, starting with a five-year plan that covered 2016 to 2020, and it has continued to do so in the subsequent plans covering 2021 through 2030. Broadly speaking, they achieved this growth by increasing RD investment, improving manufacturing, and increasing the efficiency of both clinical trials and the processes of China's regulatory agency, the NMPA. As just a small example of what a difference this can make. In the 2010s, it was not unusual for NMPA to take several years to approve an IND, which is of course needed to get your clinical studies started. And that delay severely hampered developments. Now, NMPA approves INDs within several months. I do have to point out that Chinese companies did tend to focus on development of fast followers during the 2016 to 2020 period. The first mention of China origin antibodies and antibodies to watch seemed to be in 2018. That paper included the anti-PD1 antibodies Camrolysimab and Cintelimab in the late-stage pipeline. PD1, at that time, of course, was already a well-validated target. But here we are, some five years later, and Chinese companies have become highly adept at creating the complex formats that Paul and I were just discussing. Sylvia Criscioli and I published a brief report on this topic in Nature Review's drug discovery. In that paper, we note that over half of the complex format antibodies in clinical studies were created by Chinese companies.

Paul Carter

Thank you, Janice, for that overview of our fascinating overview of activity in China.

Antibody Society And A Field Shock

Paul Carter

Now we'll switch gears a bit and talk about scientific collaboration and community. As I mentioned earlier in this podcast, Janice and I served together on the board of directors of the Antibody Society, which plays a critical role in bridging academia, industry, and regulatory bodies. Janice, you joined the board much earlier than me. What prompted you to get involved?

Janice Reichert

To understand that, I have to tell you about Jim Houston, who founded the Antibody Society. Jim was an is undoubtedly well known to our listeners as a pioneer in antibody engineering and the driving force behind the creation of single-chain variable fragments in the late 1980s. As a person, he was a natural at communication and collaboration. He just loved to get people together, to talk and exchange ideas. He was also a genuinely warm and generous person, and he was relentlessly optimistic. Everyone liked Jim, and everyone said yes if he asked them to do something. As part of his quest to foster collaboration, Jim started an annual antibody engineering meeting in the early 1990s. Fast forward to March 2006, Jim and the entire antibody therapeutics field was absolutely shocked by the Tegenero incident, in which six people were nearly killed when they were dosed with an antibody during a first inhuman study in Europe. This happened because the antibody triggered a severe cytokine storm. This result, though, surprised everyone because it was seemingly unpredictable, and so it introduced a great deal of uncertainty regarding all antibody therapeutics development at the time.

Paul Carter

Yeah, going back to 2006, I could remember hearing about the Tijonero incident, and I could tell you exactly where it was on a particular freeway at the time. It was just so shocking. I'm just wondering how how that very unfortunate Tijonero incident influenced the founding of the Antibody Society.

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Janice Reichert

After that rather devastating blow to the field, Jim had the idea of starting a nonprofit that would focus on the concerns of companies that engaged in antibody research and development. Similar to bio, but focused exclusively on antibodies. The board of directors was composed of Jim and fellow session chairs of the antibody engineering meeting. The Antibody Society was formally designated a nonprofit in 2007. As I mentioned, I was casting about for editorial board members for mAbs in 2008, and I coincidentally contacted nearly all the society's board members about this. Of course, they were all well-known scientists active in antibody therapeutics. Through these connections, I was asked to join the board and did so in 2010. And I think anyone asked would be honored to join such a prestigious group of scientists. I know I

Naming Controversy And Science Diplomacy

Janice Reichert

was. Now, one of the key achievements of the society was the diplomatic managing of the INN controversy that resulted from changes WHO made in the early 2010s. Paul, as it turns out, you were actually involved in that effort. What was your experience with respect to the unique role the society played?

Paul Carter

Well, thank you for the question. And maybe I should comment briefly on the sub the INN controversy. And that was at that time, you know, the WHO changed their INN sort of naming system. And that caught many of us in the field, certainly me, kind of flat-footed and trying to understand what these naming changes were. And they were they were confusing to many of us, even those of us who thought we actually knew quite a bit about antibodies. And so we're there as a as a backdrop. I think Tabs was uniquely well positioned to tackle this challenge. And so as a as a nonprofit science-driven organization, it was arguably in a much stronger police position to dialogue with the WHO on INN than any individual company or or any individual academic institution. So I think that's something which I've sort of you know proud of what we did as a with the the antibodies society and working together with with different companies and and leading academic investigators. And I think we we did engage the WHO on this important topic in in a very credible way, because I think we'd sort of come together and say, here are our concerns and here are ways that we can potentially provide our input and resolve this. So I think that was definitely an important accomplishment for the antibody society.

Peer Review Under Preprints And AI

Paul Carter

So now I'd like to kind of continue on the theme of of the scientific collaboration and community, but but kind of change the emphasis a little bit and and talk about you know publishing peer-reviewed science and and you know the current scrutiny and and evolution, particularly under the pressure of the preprint culture and AI, including AI generated um papers. So, Janice, how how do you keep a prestigious journal like mAbs adaptable, you know, while while maintaining scientific integrity in this you know new era of AI?

Janice Reichert

Well, I do have to say it is a challenge to find the right balance. Authors, and quite frankly, the publisher, want a speedy review process. After all, as you mentioned, authors can and do just post their manuscripts to Bioarchive or some other preprint server for anyone to read. I do believe strongly, though, that scrutiny by editors and peer reviewers with suitable expertise in the topic can substantially improve the quality as well as the presentation of the work, and it adds a lot of value. At mAbs, manuscripts typically undergo five rounds of evaluation. First, I do initial check for relevance and perceived impact on the field. If I think the manuscript has potential, it goes to an assistant editor with expertise in the specific content, and they will assess it for novelty, interest, scientific merit, as well as clarity. If the AE thinks the manuscript has potential, then reviewers are invited to further scrutinize the work and offer input. If the reviewers have a generally positive view at the end of this third round, authors then revise the work to meet the expectations of the AE and the reviewers. And in the fourth round, the AE and the reviewers evaluate the revised work and hopefully at that point recommend acceptance. However, my authors are still not out of the woods. We also have a fifth round of evaluation, and it is intended to give authors a chance to polish the language, incorporate fine details, and meet my expectation of high-quality presentation of the work. The final round typically catches errors and small irregularities that reviewers may have missed. I cannot say for sure, but I do not think that many, if any, journals without full-time paid staff provide this service. I believe error combination of expert evaluation and attention to detail is what attracts our authors and readers and ensures publication of high-quality work.

Paul Carter

So I'm going to ask you a follow-up question. Before I do that, I feel sort of compelled just to say how much I personally have benefited from their, you know, just your kind of scholarship and excellence with mAbs with the peer review. I think every paper that we've submitted to mAbs has has been substantially stronger when ultimately published, both by insightful comments from peer reviewers and also your own comments. So you know, thank you. And on behalf of the community, we we've we've undoubtedly benefited greatly. And so let's can sort of continue on the you know the AI theme. And I'm probably gonna mix metaphors here. A AI is is probably the and/or that's out of the box. You know, at the same time, there there are clearly some benefits and and risks for from AI in writing manuscripts in review in reviewing manuscripts. And I know this is very much a work in progress, but maybe you could from your unique vantage point of editor-in-chief of mAbs, if you could share some thoughts on what you think are ways to mitigate risks and and to benefit from from the from the what one can do with with the AI.

Janice Reichert

Well, consulting AI in its that in itself is okay. But AI generated papers are another matter. So it is this matter of degree, since many authors do commonly consult chatbots. Their use for refining language needs to be divulged. That actually is part of the process now is to divulge how much you've used AI. But there's nothing inherently wrong with it. In my opinion, though, authors definitely cannot rely on AI, at least at this point, to do research and writing. The issues are most apparent in review manuscripts. We see this. AI-generated reviews contain a lot of compiled data, but is not necessarily comprehensive, and these types of reviews likely do not contain useful analysis or insights that would come from an expert. Our multiple rounds of evaluations, which I just mentioned, will catch this type of poor quality review, and they're rejected, of course. But we do have to take the time to do that, and I'd rather spend my time on high-quality papers.

Paul Carter

Great. Thank you, Janice.

Next Decade Drivers And Career Advice

Paul Carter

So, Janice, what do you think will drive the biggest changes in the industry in the next decade?

Janice Reichert

Well, I point to three situations to watch. The first is clinical outcomes for the complex formats that we discussed. Most of them are unproven, and shifts in direction by companies should be expected as both positive and negative clinical data are released. The second is the nature of the interactions between China-based and Western companies and their respective governments. I'm sure our listeners will have heard about BMS and Pfizer's recent licensing deals with Chinese companies, which collectively are worth up to about 25 billion USD in total. Viewed in a positive light, these collaborations may be highly beneficial and serve to bring new, safe, and effective medicines to patients as quickly and efficiently as possible. That is the objective. In that case, the practice should be encouraged. However, in the U.S., concerns have been raised about China's state support and pricing practices in the biotech sector. The concerns, of course, are due to the growing realization that the US and Europe are falling behind China in the biopharmaceutical sector, particularly with respect to productivity. Cost is lower, speed is higher in China, drug discovery work is high quality, and Chinese companies are ambitious and clearly competent. In the U.S., if technologies associated with biopharmaceutical development are designated as strategic, the government could institute policy interventions that could drive substantial changes in the industry. The third situation involves AI, which may turn out to be the West solution to competition with China. Every aspect of drug discovery and development can be changed by it, including research, manufacturing, and clinical trials. So improving productivity through application of AI is definitely possible.

Paul Carter

Thank you, Janice. As we move into this brave new world, what advice would you give to a young scientist or entrepreneur looking at the biopharma landscape today and wondering how to make their mark?

Janice Reichert

Well, you know, I'd have to go with advice that is tried and true. First, know yourself. What resonates with you? What are your natural inclinations? It's really helpful to know your superpowers, what you're good at, and what is not your strong suit. Second, be open to opportunities and seek them out. Collaborate when possible, participate in meetings, volunteer to help coordinate an event or give a talk. Find a mentor or offer to be a mentor. These are all great ways to meet people and network. Volunteer to review manuscripts. That is a great way to learn. Third, be adaptable. Not everything will work out perfectly, and that's okay. Take what you've learned and move on. As with my experience, one thing is likely to lead to another.

Paul Carter

So any final remarks, Janice, that you'd like to share with our listeners?

Janice Reichert

Well, first, thanks so much for hosting the podcast, Paul. This was really fun. I want to take a moment here, though, to thank all mAbs' assistant and associate editors and reviewers, as well as the editorial board members, past and present, for their contributions. And of course, Paul, that includes you. All our experts in their fields and their input on what we publish and what we pass on has been critical to our success. In addition, I'm very grateful to our many authors and readers and really appreciate their support. I'd also like to thank my collaborator, Sylvia Kriscioli, for the contribution of her time and considerable expertise to our numerous ongoing projects, including Antibodies to Watch.

Paul Carter

So, in closing, Janice, thank you so much for being in conversation with me today. That was so much fun. I'd also like to thank Christina Lingham and the entire Cambridge Innovation Institute team for the ongoing efforts to inform and educate the antibody research and development community and for the opportunity to participate in this podcast. Thanks also to our listeners. We hope that you enjoyed this podcast.