For Blood and Money
Billionaires, Biotech, and the Quest for a Blockbuster Drug
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Narrated by:
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Rob Shapiro
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By:
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Nathan Vardi
About this listen
A gripping business narrative and scientific thriller about what it takes to bring a wonder drug to market—and save countless lives.
For Blood and Money tells the little-known story of how an upstart biotechnology company created a one-in-a-million cancer drug and how the core team—denied their share of the profits—went and did it again. In this epic saga of money and science, veteran financial journalist Nathan Vardi explains how the invention of two of the biggest cancer drugs in history became (for their backers) two of the greatest Wall Street bets of all time.
In the multibillion-dollar business of biotech, where pharmaceutical companies, the government, hedge funds, and venture capitalists have spent billions on funding, experimentation, and treatments, a single molecule can stop cancer in its tracks—and make the people who find that rare molecule astonishingly rich. For Blood and Money follows a small team at a biotech start-up in California, who have found one of these rare molecules. Their compound, known as a BTK inhibitor, seems to work on a vicious type of leukemia. When patients start rising from their hospice beds, the team knows they’re onto something big.
What follows is a story of genius, pathos, and drama, in which vivid characters navigate a world of corporate intrigue and ambiguous morality. Vardi’s narrative immerses listeners in the recent explosion of biotech start-ups. He describes the scientists, doctors, and investors who are risking everything to develop new, life-saving treatments, and introduces suffering patients for whom the stakes are life-or-death. A gripping nonfiction listen, For Blood and Money illustrates why it’s so hard to bring new drugs to market, explains why they are so expensive, and examines how profit-driven venture capitalists are shaping the future of medicine.
©2023 Nathan Vardi (P)2023 Audible, Inc.Listeners also enjoyed...
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In 1998, three Harvard Business School graduates - two men and one woman - turned down six-figure salaries at big corporations, bet on themselves, and launched their own new companies. By their 10-year reunion, their audacity had paid huge dividends. They'd made many millions of dollars, created hundreds of jobs and left their mark on the world. The Intelligent Entrepreneur tells the compelling and instructive story of how these three young founders did it.
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Terrible waste $ and a lot of time
- By David on 01-23-11
By: Bill Murphy Jr.
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Hood
- Trailblazer of the Genomics Age
- By: Luke Timmerman, David Baltimore
- Narrated by: Xe Sands
- Length: 10 hrs and 53 mins
- Unabridged
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Overall
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Performance
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Story
Lee Hood did that rarest of things. He enabled scientists to see things they couldn't see before and do things they hadn't dreamed of doing. Scientists can now sequence complete human genomes in a day, setting in motion a revolution that is personalizing medicine. Hood, a son of the American West, was an unlikely candidate to transform biology. But with ferocious drive, he led a team at Caltech that developed the automated DNA sequencer, the tool that paved the way for the Human Genome Project.
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A Revealing Biography
- By Jean on 07-27-17
By: Luke Timmerman, and others
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Good for the Money
- My Fight to Pay Back America
- By: Bob Benmosche
- Narrated by: Sean Pratt
- Length: 9 hrs and 33 mins
- Unabridged
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Overall
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Performance
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Story
In 2009, at the peak of the financial crisis, AIG - the American insurance behemoth - was sinking fast. It was the peg upon which the nation hung its ire and resentment during the financial crisis: the pinnacle of Wall Street arrogance and greed. When Bob Benmosche climbed aboard as CEO, it was widely assumed that he would go down with his ship. In mere months, he turned things around, pulling AIG from the brink of financial collapse and restoring its profitability.
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Worthwhile, informative, and just short of inspiring
- By Preston on 11-17-21
By: Bob Benmosche
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Smart People Should Build Things
- How to Restore Our Culture of Achievement, Build a Path for Entrepreneurs, and Create New Jobs in America
- By: Andrew Yang
- Narrated by: Tim Paige
- Length: 6 hrs and 12 mins
- Unabridged
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Overall
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Performance
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Story
In Smart People Should Build Things, this self-described "recovering lawyer" and entrepreneur weaves together a compelling narrative of success stories (including his own), offering observations about the flow of talent in the United States and explanations of why current trends are leading to economic distress and cultural decline. He also presents recommendations for both policy makers and job seekers to make entrepreneurship more realistic and achievable.
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Smart doesn’t mean smart.
- By Will on 03-21-20
By: Andrew Yang
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The Price We Pay
- What Broke American Health Care - and How to Fix It
- By: Marty Makary MD
- Narrated by: Marty Makary MD
- Length: 9 hrs and 29 mins
- Unabridged
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Overall
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Performance
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Story
One in five Americans now has medical debt in collections and rising health care costs today threaten every small business in America. Dr Makary, one of the nation's leading health care experts, travels across America and details why health care has become a bubble. Drawing from on-the-ground stories, his research and his own experience, The Price We Pay paints a vivid picture of price-gouging, middlemen and a series of elusive money games in need of a serious shake-up.
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Very important book!
- By Wayne on 05-17-21
By: Marty Makary MD
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The Firm
- The Story of McKinsey and Its Secret Influence on American Business
- By: Duff McDonald
- Narrated by: Tom Weiner
- Length: 11 hrs and 19 mins
- Unabridged
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Performance
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Story
A behind-the-scenes, revelatory history of McKinsey & Company, America's most influential and controversial business consulting firm, told by one of the nation's leading financial journalists. In The Firm, Duff McDonald uncovers how these high-powered, high-priced business savants have ushered in waves of structural, financial, and technological shifts. With unrivaled access to company documents and current and former employees, McDonald reveals the inner workings of what just might be the most influential private organization in America.
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Warning: Non consultants should avoid
- By R. Jaeger on 11-04-13
By: Duff McDonald
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Automate This
- How Algorithms Came to Rule Our World
- By: Christopher Steiner
- Narrated by: Walter Dixon
- Length: 7 hrs and 41 mins
- Unabridged
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Overall
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Performance
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Story
It used to be that to diagnose an illness, interpret legal documents, analyze foreign policy, or write a newspaper article you needed a human being with specific skills - and maybe an advanced degree or two. These days, high-level tasks are increasingly being handled by algorithms that can do precise work not only with speed but also with nuance. These "bots" started with human programming and logic, but now their reach extends beyond what their creators ever expected.
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good start, book runs out of sustenace
- By RealTruth on 02-15-13
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Ahead of the Curve
- Two Years at Harvard Business School
- By: Philip Delves Broughton
- Narrated by: Simon Vance
- Length: 10 hrs and 7 mins
- Unabridged
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Overall
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Performance
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Story
In 2004 Philip Delves Broughton abandoned a post as Paris bureau chief of the London Daily Telegraph to join 900 other would-be tycoons on the Harvard Business School's plush campus. With acute and often uproarious candor, he assesses the school's success at teaching the traits it extols as most important in business: leadership, decisiveness, ethical behavior, and work/life balance.
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On one breath.
- By Atkins on 05-17-22
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No Better Time
- The Brief, Remarkable Life of Danny Lewin, the Genius Who Transformed the Internet
- By: Molly Knight Raskin
- Narrated by: Christine Marshall
- Length: 6 hrs and 22 mins
- Unabridged
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Overall
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Performance
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Story
No Better Time tells of a young, driven mathematical genius who wrote a set of algorithms that would create a faster, better Internet. It's the story of a beautiful friendship between a loud, irreverent student and his soft-spoken MIT professor, of a husband and father who spent years struggling to make ends meet only to become a billionaire almost overnight with the success of Akamai Technologies, the Internet content delivery network he cofounded with his mentor.
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An Overlooked Hero of 9-11
- By Jean on 05-27-16
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The Reinventors
- How Extraordinary Companies Pursue Radical Continuous Change
- By: Jason Jennings
- Narrated by: Jason Jennings
- Length: 6 hrs and 10 mins
- Unabridged
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Overall
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Performance
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Story
Eventually every job and every business will become irrelevant. According to Jason Jennings, the past few decades have seen unprecedented shifts: former third-world nations have transformed themselves into high-tech manufacturing powerhouses; technology has democratized business and increased competition in ways never before seen; and customers, used to getting exactly what they want when they want it, are no longer beholden to the corporate giants.
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Good advice
- By Myers on 07-28-18
By: Jason Jennings
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Data-ism
- The Revolution Transforming Decision Making, Consumer Behavior, and Almost Everything Else
- By: Steve Lohr
- Narrated by: Steve Lohr
- Length: 6 hrs and 33 mins
- Unabridged
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Overall
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Performance
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Story
Coal, iron ore, and oil were the key productive assets that fueled the Industrial Revolution. Today data is the vital raw material of the information economy. The explosive abundance of this digital asset, more than doubling every two years, is creating a new world of opportunity and challenge. Data-ism is about this next phase, in which vast, Internet-scale data sets are used for discovery and prediction in virtually every field. It is a journey across this emerging world with people, illuminating narrative examples, and insights.
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More business case than serious analysis
- By Godfried Gubbels on 06-03-15
By: Steve Lohr
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I should have listened to the other reviews
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I should have listened to the other reviews
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NFTs aren’t just pictures on the internet, or a fad that has come and gone. Rather, they're a new technology for creating digital assets and providing irrefutable proof of ownership. NFTs open up markets that have never before existed, and are already revolutionizing commerce and brand-building at everything from hot startups to Fortune 500 companies. Kominers and Kaczynski have created a framework that explains what NFTs are, why they’re valuable, and how businesses can leverage them to build highly engaged and intensely loyal communities around their products and brands.
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When Norman Eisen moved into the US ambassador’s residence in Prague, returning to the land his mother had fled after the Holocaust, he was startled to discover swastikas hidden beneath the furniture in his new home. These symbols of Nazi Germany were remnants of the residence’s forgotten history, and evidence that we never live far from the past. From that discovery unspooled the twisting, captivating tale of four of the remarkable people who had called this palace home. Their story is Europe’s....
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Great book despite goldblum’s narration
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After dawn the siege began. It was April 1, 1970, and Army Green Beret medic Gary Beikirch knew the odds were stacked against their survival. Some 10,000 enemy soldiers sought to obliterate the 12 American Special Forces troops and 400 indigenous fighters who stood fast to defend 2,300 women and children inside the village of Dak Seang. For his valor and selflessness during the ruthless siege, Beikirch would be awarded a Medal of Honor, the nation's highest and most prestigious military decoration.
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Hope for the future
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In this epic history of extermination and survival, Timothy Snyder presents a new explanation of the great atrocity of the twentieth century, and reveals the risks that we face in the twenty-first. Based on untapped sources from eastern Europe and forgotten testimonies from Jewish survivors, Black Earth recounts the mass murder of the Jews as an event that is still close to us, more comprehensible than we would like to think and thus all the more terrifying.
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In this ambitious audiobook, best-selling author Sanjeev Sanyal chronicles the grand sweep of history from East Africa to Australia, conjuring the great cities of Angkor and Vijayanagar, medieval Arab empires, and Chinese "treasure fleets" in rich, vivid detail. He explores remote archaeological sites, maritime trading networks, and half-forgotten oral tales to challenge established historical narratives with fresh evidence. Shining new light on medieval geopolitics and long-lost cities, The Ocean of Churn is a mesmerizing journey into the heart of a vibrant civilization.
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An unputdownable treatise on the history of Indian Ocean
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The Greater Middle East—the vast region between the Mediterranean and China, encompassing much of the Arab world, parts of northern Africa, and Asia—existed for millennia as the crossroads of empire. But with the dissolution of empires in the twentieth century, postcolonial states have endeavored to maintain stability. Robert D. Kaplan explores Greater Middle East through reporting and travel writing to reveal deeper truths about the impacts of history on the present and how the requirements of stability over anarchy are often in conflict with the ideals of democratic governance.
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detailed primer on the greater 'Middle East'
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The 272
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In 1838, a group of America’s most prominent Catholic priests sold 272 enslaved people to save their largest mission project, what is now Georgetown University. In this groundbreaking account, journalist, author, and professor Rachel L. Swarns follows one family through nearly two centuries of indentured servitude and enslavement to uncover the harrowing origin story of the Catholic Church in the United States. Through the saga of the Mahoney family, Swarns illustrates how the Church relied on slave labor and slave sales to sustain its operations and to help finance its expansion.
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Hard, but absolutely worthwhile.
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Imperial Twilight
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Overall
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Performance
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As one of the most potent turning points in the country's modern history, the Opium War has since come to stand for everything that today's China seeks to put behind it. In this dramatic, epic story, award-winning historian Stephen Platt sheds new light on the early attempts by Western traders and missionaries to "open" China even as China's imperial rulers were struggling to manage their country's decline and Confucian scholars grappled with how to use foreign trade to China's advantage.
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Balanced readable narrative about the Opium Wars
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Boom Town
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- By: Sam Anderson
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Overall
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Performance
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Story
Oklahoma City was born from chaos. It was founded in a bizarre but momentous "Land Run" in 1889, when thousands of people lined up along the borders of Oklahoma Territory and rushed in at noon to stake their claims. Since then, it has been a city torn between the wild energy that drives its outsize ambitions and the forces of order that seek sustainable progress.
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OKC’s Past & Present Weaved Together
- By dan on 09-09-18
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Paper Soldiers
- How the Weaponization of the Dollar Changed the World Order
- By: Saleha Mohsin
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Overall
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Performance
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Story
In 1995, Treasury Secretary Robert Rubin re-defined the next thirty years of currency policy that ushered in exceptional prosperity and cheap foreign goods, but the strong dollar policy also played a role in the devastating hollowing out of America’s manufacturing sector. Meanwhile, abroad, the United States increasingly turned to the dollar as a weapon of war. In Paper Soldiers, Saleha Mohsin reveals how the Treasury Department has shaped U.S. policy at home and overseas by wielding the American dollar as a weapon—and what that means in a new age of crisis.
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A must read
- By John K on 10-09-24
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The Invention of Surgery
- A History of Modern Medicine: From the Renaissance to the Implant Revolution
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Written by an author with plenty of experience holding a scalpel, Dr. David Schneider's in-depth biography is an encompassing history of the practice that has leapt forward over the centuries from the dangerous guesswork of ancient Greek physicians through the world-changing implant revolution of the 20th century.
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Joint dysfunction in need of excision
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What listeners say about For Blood and Money
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- Gregory S Young
- 10-18-23
Entertaining and informative
I really enjoyed the book. Educational about cancer and tech investing. We’ll performed as well.
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- Marina Edler
- 01-20-23
Fascinating look into the ecosystem and politics of drug development
Vardi gives a detailed account of the harrowing story of the grit and perseverance of scientists and investors as they put everything on the line to bring an elegant molecule in a novel class of class of cancer medicines to patients with little alternative. Amazing testament to what people can achieve when they work together. The money involved is mind boggling and not something that I personally focus on, but it is a clear driver for many involved. Highly recommended.
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- Anonymous User
- 04-10-24
a close view of the biotechnology industry
Was riveted by the story of the Ceos and the researchers. I never realized that it is a ruthless field.
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- VL
- 05-23-24
Amazing Ride Through the World of Biotech
Really interesting story with lots of twists and turns as the story unfolds of how two blockbuster drugs were delivered to market.
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- Darcy
- 03-01-23
Really enjoyed this title
A great story at the intersection of cutting edge medical science, high -stakes finance, and human personalities and foibles. I found it fascinating to get an inside view on the development of new drugs, whose failures often exceed their promise, while many others sit on shelves waiting for often serendipitous discovery by financiers and corporations.
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- J. Muscato
- 02-23-23
Interesting story hampered by incorrect pronunciation
As a hematologist the story of the real world of venture capitalism in the production of this outstanding drug was interesting and disturbing. The docs doing the real work were cast aside because of finance kings- very unfair. The story was hampered by incorrect pronunciation of specific scientific terms (such as the initial mentions of tyrosine kinases and the organization ASH) which would have been easily corrected if the narrator (who is good otherwise) did this in the presence of a person in the field.
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- Patrick Meng-Frecker
- 05-25-24
the sums of money will blow your mind
it was an important story to tell about modern drug development. it's interesting to hear how hedgefunds and investors make massively expensive drug trials possible sometimes taking huge losses but this time making an enormous windfall.
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- Nishant Gupta
- 07-15-23
Captivating!
Great storyline and narration! The story started slow but really picked up pace over the chapters!
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- ItsBeenReal
- 10-24-23
Great true and timely story of our broken system
Whatever a page turner is for audio...this is it. I am an insider in the industry, and to me this was as good as any action movie.
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- K. Cuddeback
- 01-16-23
Clever and Clear
A great story and view into both the venture world and the science of BTK inhibitors and cancer
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