GLS Vitals Episode 12 - Moving Quickly with a Long-Term Strategy: Building a Scrappy Rare Disease Company
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GLS Vitals Episode 12 - Moving Quickly with a Long-Term Strategy: Building a Scrappy Rare Disease Company
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In this episode Georgia Life Sciences President & CEO, Maria Thacker Goethe, sits down with Dave Penake, CEO of Saol Therapeutics and Chair of Georgia Life Sciences, for a conversation about leadership, biotech growth, rare disease innovation, and the future of Georgia’s life sciences ecosystem.Drawing on a career that has taken him from semiconductor manufacturing to biotech hubs in Boston and the San Francisco Bay Area—and ultimately to Atlanta—Dave shares the experiences that shaped his approach to leadership and his belief in taking a long-term view when building life sciences companies.
The conversation explores Saol Therapeutics’ evolution and pipeline, including the company’s work in rare disease and pain, as well as the difficult strategic decisions involved in financing, portfolio development, partnerships, and determining when another organization may be better positioned to advance an innovation. Dave also discusses the importance of patient communities and how their experiences continue to motivate the Saol team.
Maria and Dave then turn to Georgia’s growing life sciences ecosystem. Having worked in Boston and the Bay Area before spending nearly a decade in Atlanta, Dave shares why he sees Georgia’s talent, universities, infrastructure, workforce retention, and quality of life as significant competitive advantages. He also discusses opportunities to strengthen the connection between university innovation, entrepreneurship, capital, company formation, and commercial-scale growth.
As Chair of Georgia Life Sciences, Dave also shares his priorities for the organization, including executing Georgia’s life sciences roadmap, aligning leaders across the ecosystem, measuring progress, and building greater support for the industry.
The episode closes with a look at what gives Dave optimism about the future—from accelerating technological advances that could unlock new treatments and cures to growing global competition that may push the U.S. life sciences industry to innovate even faster. In this episode:
- Building and leading a life sciences company for the long term
- Advancing therapies for rare diseases and unmet patient needs
- Making difficult decisions around capital, partnerships, and growth
- Knowing when to build, partner, license, or hand off an innovation
- Why Georgia can compete as a leading life sciences hub
- Connecting university research with entrepreneurs and capital
- Executing Georgia’s life sciences industry roadmap
- The future of biotechnology, innovation, and U.S. competitiveness
As the leading advocate for the state’s dynamic and diverse life sciences sector, Georgia Life Sciences’ mission is to advance the growth of Georgia’s life sciences industry through partnerships and initiatives that accelerate innovation, investment, and job creation. To accomplish this mission, Georgia Life Sciences conducts economic development activities; advocates on behalf of its members on public policy matters; educates the public about the benefits of life sciences research and product development; and provides a network for idea exchange and cooperation.
For more information on the impactful work, to join as a member, or provide support to the mission, please visit Georgia Life Sciences at https://www.galifesciences.org/
About Cloudcast Media
As the national leader in local podcasting to create a "listen where you live" mindset, Cloudcast Atlanta, a division of Cloudcast Media, proudly produces "VITALS: The Pulse of Georgia Life Sciences" through its CauseCast platform to help amplify, augment, and accelerate the mission and reach of community social impact organizations. For more information on Cloudcast Media, please visit their website at CloudCast Media.
This episode was produced by Senior Associate Producer Brandon Joe. The episode was recorded, engineered, mixed and mastered by Sky Guides Atlanta, the podcast program and studio affiliated with the Russell Innovation Center for Entrepreneurs (RICE) in Atlanta, Georgia.
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