The Global Biopharm Opportunity Fund-1 ("GBOF-1") is part of a $300 million private equity fund structure that organizes and executes virtual drug development projects in oncology and hyperproliferatives. GBOF-1 deploys world-class oncologists from globally respected CROs and pharmaceutical companies to find, develop, and deliver new cancer treatments.

The structure also may provide specific benefits to accredited limited partners and to pharmaceutical companies.  

You can’t change your R&D model and find new leads for compounds to bring into the clinic and plug them into the old process for developing new products and expect that your company is going to do better.
— Ken Kaitlin, Director, Tufts Center for the Study of Drug Development

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