Discover: Deciding When to Wind Down Discovery: Navigating the Off-Ramp From Scientific Startup to Clinical-Stage Organization

9:30 am - Wednesday 9th December 2026

  • How do you determine the right operating model for your discovery function, and know when the moment has arrived to shift resources from discovery to clinical development?
  • Learn how Ventus Therapeutics reduced its organization, scaling down its discovery function to protect the clinical trial budget as financing conditions tightened for a pre-catalyst biotech
  • Discover how full transparency with employees about the organization’s likely trajectory, and a shift toward equipping people for their next opportunity rather than promising a long-term one, helped Ventus retain talent through the reduction with almost no attrition, even where discovery staff saw little value in their equity

Speakers:

Head of Human Resources
Ventus Therapeutics