CFO THOUGHT LEADER

666: When Vision is the Plus Multiplier | Manmeet Soni, CFO, Reata Pharmaceuticals


Listen Later

It’s a phrase that has historically never roamed far beyond the corridors of pharmaceutical companies, but now—thanks to COVID 19—the term “clinical trials” has entered the vocabulary of the public at large.

Perhaps at no time in history have the “trials” that pharma companies use to generate data on the safety of a particular drug, vaccine, or treatment been as heavily scrutinized—and at no previous time has CFO Manmeet Soni of Reata Pharmaceuticals believed that the processes and approaches that govern Reata’s “trial design” have been more ripe for innovation.

“Our learnings from the past 9 months are going to influence how we operate for the next 90 years,” explains Soni, who says that these learnings were put into motion last spring as COVID’s arrival shut down trials and began curtailing Reata’s data flows.

“That’s when we began asking: ‘Why can’t we do trials in a way similar to how home health services are provided? Why don’t we deliver the drug to the patient’s home?’” recalls Soni, who says that serving the company as both CFO as well COO allowed him to be more hands-on when it came time to tweak Reata’s “trial design” and the daily activities performed to keep trials on track.

“There will always be certain trials that will have to be completed at the lab, but the pandemic has allowed us to regularly consider how things can be done differently,” adds Soni, who believes that today’s impulse to regularly reconsider current methods and approaches is the biggest change to yesterday’s business as usual.  –Jack Sweeney

  • Leave rating & review 
  • Exclusive Content & More @ CFOTHOUGHTLEADER.COM 
  • Signup for our Newsletter

...more
View all episodesView all episodes
Download on the App Store

CFO THOUGHT LEADERBy The Future of Finance is Listening

  • 4.5
  • 4.5
  • 4.5
  • 4.5
  • 4.5

4.5

122 ratings


More shows like CFO THOUGHT LEADER

View all
The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

171 Listeners

Masters in Business by Bloomberg

Masters in Business

2,168 Listeners

The McKinsey Podcast by McKinsey & Company

The McKinsey Podcast

392 Listeners

PwC's accounting podcast by PwC

PwC's accounting podcast

179 Listeners

Coaching for Leaders by Dave Stachowiak

Coaching for Leaders

1,474 Listeners

Accounting Best Practices with Steve Bragg by Steve Bragg

Accounting Best Practices with Steve Bragg

261 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,100 Listeners

HBR IdeaCast by Harvard Business Review

HBR IdeaCast

175 Listeners

The Accounting Podcast by Blake Oliver & David Leary

The Accounting Podcast

336 Listeners

Inside the Strategy Room by McKinsey & Company

Inside the Strategy Room

170 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,901 Listeners

CFO Weekly by Personiv

CFO Weekly

43 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

352 Listeners

Planning Aces by Brett Knowles & Jack Sweeney

Planning Aces

1 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

76 Listeners

HBR On Leadership by Harvard Business Review

HBR On Leadership

161 Listeners