Where Cross-Border Deal Flow Actually Happens 

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

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Every VC and PE firm says they want cross-border deal flow. Few have it. Most cross-border relationships stop at an introduction that never becomes a term sheet, because access without real syndicate standing on the other side rarely converts.

At RESI Boston 2026, Life Science Nation is convening a Cross-Border Investor Luncheon with Simon Hua, Chairman of BioMetas, to explore how cross-border access actually works through one of the hardest markets to enter.

Simon Hua
Chairman of BioMetas

Simon spent fifteen years in investment banking in Hong Kong, then a decade building and scaling the equity-for-service model that turns CRO relationships into equity stakes and syndicate seats, first at Viva Biotech, then ChemPartner, and now BioMetas. He has led CROs and his own fund, CFS Capital, to incubate and invest in over 100 innovative biotechs globally, while building an ecosystem with academic research institutions, government platforms, and VCs including Huagai Capital, E-Fund Capital, and Qiming Venture Partners.

The luncheon is built around a simple premise: bring together VCs and PE firms that want genuine syndicate relationships outside their own region, with funds that can send them deal flow and receive it in return.

Simon will speak directly to how that access works: how the equity-for-service model surfaces promising biotechs before they are broadly shopped, and how that early visibility converts into syndicate seats alongside the region’s leading investors.

Whether you are looking east or west, the practical question is the same:

How do you actually get inside?

RSVP for Cross-Border Investor Luncheon Today

*You must be an active VC investment firm that makes direct investments into life science and healthcare companies for us to approve your RSVP.

Life Science Nation (LSN) Launches RESI Asia Japan

KBIC, Title Sponsor of RESI Boston 2026 and RESI JPM 2027, Collaborates with LSN on RESI Asia Japan

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

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Life Science Nation is launching RESI Asia Japan, a new conference created in collaboration with the Kobe Biomedical Innovation Cluster (KBIC), Japan’s largest biomedical cluster. The event opens April 13, 2027, at the ANA InterContinental Tokyo.

RESI Asia Japan is the culmination of a three-conference partnership, with KBIC a Title Sponsor of RESI Boston in September 2026 and RESI JPM in January 2027. Companies that attend in sequence gain three windows into the LSN network across seven months.

 

“Every great life science hub faces the same reality. The science is world-class, but the path from discovery to global capital remains a challenge. KBIC has done the hard part, with an elite science discovery engine. What we are building together is the bridge that carries that science into the global marketplace and carries the world’s capital and partners back to Japan.”

Dennis Ford
Founder and CEO, Life Science Nation

Why Japan matters to an early-stage company

Japan is one of the most valuable and least accessible opportunities in the industry. Takeda, Astellas, Daiichi Sankyo, Eisai, Chugai, and Ono are among the world’s most active licensors and acquirers of external innovation, and a Japan-rights deal is often early non-dilutive capital and a validation event. The PMDA offers one of the world’s most progressive routes for regenerative medicine and cell and gene therapy, where a product can earn conditional approval on demonstrated safety and probable benefit before full efficacy is proven. Japan also offers deep CRO and clinical trial capacity and is the world’s third-largest pharmaceutical market.

The obstacle is access. Arranging a first meeting with Japanese pharma, navigating PMDA, or finding the right partner is difficult from outside the region. That is what RESI Asia Japan is for.

Three challenges every life science hub shares

Every life science hub in the world faces the same three problems, no matter how strong its science.

  • Getting its regional assets into the global arena.
  • Bringing international players and stakeholders into its own region.
  • Getting regional and international investors to form syndicates together.

RESI was built to solve exactly these problems. The KBIC partnership puts all three to work at once.

Beyond the events, LSN and KBIC are working to strengthen the commercialization pathway for Japanese life science companies through entrepreneur education, company preparation, capital formation, and international business development.

About KBIC

KBIC brings together roughly 350 companies, research institutes, and specialized hospitals on Kobe’s Port Island, spanning regenerative medicine, medical devices, pharmaceuticals, and digital health. It sits at the center of a country that leads the world in regenerative medicine and iPS cell science.

The Redefining Early-Stage Investments (RESI) Run

RESI Boston | September 2026 | The Westin Copley Place, Boston – Register Now
RESI JPM | January 2027 | San Francisco Marriott Marquis, Union Square – Register Now
RESI Asia Japan | April 2027 | ANA InterContinental Tokyo

Learn more about RESI at RESIConference.com.

Startups seeking Japan partnerships, global capital, and an APAC foothold should register for the run in sequence, starting with RESI Boston in September.

More details on registration, agenda, and participating companies will follow in the coming months.


It Is Not the Pitch Deck Anymore. It Is the De-Risked Deck.

A Boston Biotech Week note from Dennis Ford, Founder and CEO, Life Science Nation

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

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Boston Biotech Week brings the whole industry into one city at once. Big stages, packed agendas, strategic executives, investors, and hundreds of emerging companies working the room. There is real value in all of it. But if you are an early-stage CEO trying to raise your next round, you have a narrower problem. You do not need to meet everybody. You need to meet the people who can actually fund you.

Over the last few years, I have watched the investor conversation change. The science is as strong as ever. What has changed is what happens after the science leaves the lab and somebody has to finance the long road to the clinic. Founders were taught to build a pitch deck: the unmet need, the science, the market, the team, the ask. There is nothing wrong with that formula, but it no longer answers the question an early-stage investor is actually asking: risk. What has been proven, what has not, where the company could fail, and what the next round actually retires. That is why the pitch deck is becoming something else. I call it the de-risked deck.

This matters because life science has a structural problem we do not talk about enough. We built an extraordinary discovery engine and pour billions into it, and it works. What we never built beside it, with the same discipline, is the commercialization engine. A scientist spends twenty years mastering a pathway and then is expected to run a company that demands regulatory strategy, clinical development, IP, reimbursement, capital formation, and partnering. That is a different profession, and we expect founders to learn it while keeping the company alive.

So too many companies start raising before anyone has put the asset through the full risk stack, and that gets expensive. A company can burn years and millions moving toward an IND only to find that a regulatory assumption was wrong or the IP is thinner than it looked. Problems that cost thousands to surface early cost millions once they are buried in the plan. The process should run the other way. Vet early. Find the risks while they are still cheap to address. Retire what you can, manage what you cannot, and build the financing strategy around the milestones that take those risks off the table. That is what makes a company legible to capital.

That is where RESI is different. In a week full of networking, RESI is built for one thing: the early-stage financing problem. By the time we open, roughly 400 international early-stage investors will be in the building, covering Seed up to two million, Series A up to ten million, and Series B up to fifty million. More than 200 investment firms have already registered. A founder does not come to RESI for another thousand names in a directory. They come to find the specific investors whose mandate fits their stage of development and product, and to get in front of them.

Investor Firms Exclusive to RESI Boston 2026

Two rooms make that sharper. The Global Family Office BioForum brings 40 family offices from around the world, patient private capital that is hard to reach, and this year they are taking partnering meetings alongside the forum. The Cross-Border Investor Luncheon puts international investors together with regional VCs, because a regional fund often has access to companies it cannot finance through multiple rounds, and an international fund has capital and reach but no visibility into the local ecosystem. Put them together, and you are not collecting contacts; you are building a syndicate.

None of this replaces the work. No conference makes an unprepared company fundable. The science has to stand up, the milestones have to make sense, and the CEO has to understand the risks well enough to have a conversation rather than deliver a presentation. When founders make that shift, it shows. FELIQS, one of our recent Innovator’s Pitch Challenge companies, told us RESI helped them sharpen how they communicated the clinical and commercial opportunity and opened the door to real financing discussions. The science had not changed. Their ability to make it legible to capital had.

The science is the reason a company exists. Making it financeable gives it a chance to survive.

LSN and RESI have been part of Boston Biotech Week since its inception. If you are an early-stage company looking for capital or licensing deals, RESI is the right room to be in. If you are there to shop for service providers, plenty of other rooms are built for that. RESI is built for matching partners and facilitating early-stage transactions.

Boston is our hometown, and this is where RESI shines. That is the de-risked deck, and this week, that is the conversation we want to have.

RESI Boston 2026 | September 22 to 23 | The Westin Copley Place, Boston
Virtual Partnering | September 25, 28 to 29

Register for RESI Boston

From the Innovator’s Pitch Challenge Podium to the Clinic: FELIQS Advances Vision Saving Therapies 

Third Place winner of the RESI San Diego Innovator’s Pitch Challenge, FELIQS is developing innovative therapies for neonatal ophthalmology and other serious retinal diseases with the goal of preserving vision at the earliest stages of life. In this interview, Kenichiro “Nobu” Kuninobu discusses the company’s lead clinical program, the value of participating in the RESI Innovator’s Pitch Challenge, and the milestones that will shape FELIQS’ next phase of growth.

Kenichiro “Nobu” Kuninobu
Co-founder & CEO, FELIQS
Caitlin Dolegowski
Program Director, LSN

Caitlin Dolegowski (CD): FELIQS is focused on developing therapies for neonatal ophthalmology and other serious retinal diseases. Can you tell us about your lead program and the impact it could have on patients and their families?

Kenichiro Kuninobu (NK): FELIQS’ lead program, FLQ-101, is being developed for the prevention of retinopathy of prematurity, or ROP, a serious retinal disease affecting premature infants that can lead to lifelong visual impairment or blindness. Today, treatment is generally initiated after ROP has already progressed to a clinically significant stage. Our goal with FLQ-101 is to intervene earlier and prevent disease progression before invasive treatment becomes necessary. If successful, this approach could give premature infants the best possible opportunity for healthy visual development. For families, the impact could be profound. Preserving vision at the very beginning of life can influence a child’s development, independence, and quality of life, while potentially reducing a lifelong burden of care for families and healthcare systems.

CD: Your work bridges scientific innovation and international collaboration. How has that global perspective influenced the company’s development?

NK: FELIQS was founded on scientific discoveries originating in Japan, but from the beginning we have approached drug development with a global perspective. Our lead clinical program is being developed in the United States, while we continue to work closely with researchers, clinicians, regulators, and partners across Japan and other regions. That international approach has shaped how we think about clinical development, regulatory strategy, patient access, and partnerships. It also allows us to bring together complementary expertise from different regions. For diseases such as ROP, which affect premature infants around the world, we believe that building a globally relevant development strategy from an early stage is particularly important.

CD: Earning Third Place in the RESI San Diego Innovator’s Pitch Challenge highlights the strength of your innovation. What did this recognition mean to your team?

NK: Earning Third Place at the RESI San Diego Innovator’s Pitch Challenge was very meaningful to the FELIQS team. It provided encouraging external recognition of both our scientific approach and our mission to address serious retinal diseases in vulnerable patient populations, particularly premature infants. For our team, it was especially valuable to see investors and industry experts respond positively to our strategy and the potential of our programs. The recognition gave us additional confidence that FELIQS is pursuing an important and differentiated approach, while also increasing our visibility within the global life sciences community.

CD: Were there any conversations with investors, judges, or strategic partners at RESI that stood out or created new opportunities?

NK: RESI created a valuable forum for high-quality conversations with investors, judges, and potential strategic partners who understood both the unmet need in retinal disease and the importance of early intervention in ROP. Several discussions helped us refine our communication of the clinical and commercial opportunity, and some opened the door to follow-up conversations about financing, development strategy, and potential collaboration. The event was particularly useful because the feedback was practical, thoughtful, and directly relevant to our next stage of growth.

CD: What are the most important clinical, regulatory, or business milestones FELIQS hopes to achieve over the next 12 to 18 months?

NK: Over the next 12 to 18 months, our highest priority is to advance FLQ-101 clinically and build the foundation for its next stage of development. This includes progressing our ongoing clinical study in ROP, expanding our clinical network, generating additional data, and continuing regulatory discussions to define an efficient path forward.

At the same time, we plan to advance our broader pipeline, including FLQ-103 and FLQ-105, while continuing to strengthen the company financially and strategically.

From a business perspective, we are actively engaging with investors and potential strategic partners who can help us accelerate these programs. Ultimately, each of these milestones is focused on one objective: moving promising science into meaningful therapies for patients as efficiently and rigorously as possible.

CD: What qualities are you looking for in investors or strategic partners as you continue to grow?

NK: We are looking for investors and strategic partners who share our commitment to developing meaningful therapies for serious retinal diseases and who understand that building innovative medicines requires both scientific rigor and long-term perspective.

Beyond financial support, we particularly value partners who can contribute strategic insight, experience in ophthalmology, rare diseases, or global drug development, and access to networks that can help accelerate clinical and commercial progress.

Most importantly, we want partners who are collaborative and aligned with our mission. We believe the strongest partnerships are built when both sides share a long-term commitment to creating meaningful value for patients.

CD: Looking ahead, what is your long-term vision for FELIQS, and what advice would you offer companies considering participating in a future RESI Innovator’s Pitch Challenge?

NK: Our long-term vision is to establish FELIQS as a leading biotechnology company in neonatal ophthalmology and rare diseases. Building from our work in ROP, we aim to expand into additional diseases where early and innovative therapeutic intervention could preserve vision and meaningfully change patients’ lives.

For companies considering participating in a future RESI Innovator’s Pitch Challenge, my advice would be to come with a clear story, a focused objective, and an openness to feedback. RESI is not simply an opportunity to pitch your company. It is a platform to refine your strategy, understand how investors perceive your opportunity, and build relationships that may continue well beyond the event.


Additional Innovator’s Pitch Challenge (IPC) slots are now available, giving companies the opportunity to pitch directly to investors, receive live feedback, and boost visibility ahead of the event. Applications close August 26.

Apply to Pitch at RESI Boston

Cross-Border Investor Luncheon at RESI Boston 2026

A private, screened luncheon for regional and international investors seeking syndicate partners.

RESI Boston | Wednesday, September 23 | 75 Seats


RSVP for Cross-Border Investor Luncheon Today

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

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Nearly nine out of ten life science startups fail. Not because the science is poor, but because they never connect to the right capital and strategic partners. Solving that is the reason Life Science Nation exists, and for more than fifteen years our work has come down to one thing: finding parties who need each other and matching them.

As some readers know, LSN has been addressing this pervasive dilemma through the LSN Labs Anchor Node Program. An Anchor Node combines LSN’s commercialization methodology and global capital formation network with a regional partner’s laboratories, entrepreneurial programs, and operating platform to produce investment-ready life science companies.

As we expanded the Anchor Node Program across Boston, Australia, Japan, Korea, the UK, and Brazil, a clear pattern emerged: regional partners constantly brought their local VCs to the table seeking international capital. At the same time, our own data across five global RESI events revealed that twenty percent of all partnering meetings were already investor-to-investor.

So we decided to formalize it, and provide a dedicated room for these partners to connect.

The Cross-Border Investor Luncheon, CBIL, is a private luncheon at RESI Boston for regional and international investors seeking syndicate partners. Regional investors have access to exceptional companies that often never reach international investors. International investors have access and reach that regional funds cannot build alone. Both are looking for the same thing across Asia, Europe, North America, and South America.

Attendance is screened. CBIL is for active investors seeking syndicate partners outside their own region, whether that means bringing international capital into local deals or gaining access to deal flow in regions where they have no presence.

Taking place on Wednesday, September 23, CBIL follows the format of the Global Family Office BioForum luncheon (GFOB luncheon takes place on Tuesday, September 22), now in its eighth year. Across those eight years, GFOB has brought family offices together to find each other, form alliances, and build syndicates. CBIL is the natural next step, applying the same private, curated format to the international investor community.

“The future of life science investing is not just finding great companies. It is finding great syndicate partners in the global arena.”


Dennis Ford, Founder and CEO, Life Science Nation


Wednesday, September 23   |   Private luncheon   |   Screened RSVP   |   75 seats

Every RSVP is reviewed. Request your seat today!


RSVP for Cross-Border Investor Luncheon Today

RESI San Diego 2026 Program Guide Released 

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

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Life Science Nation (LSN) is pleased to release the RESI San Diego 2026 Program Guide for its upcoming hybrid conference, taking place June 22 in person at the JULEP Venue in San Diego, followed by four days of virtual partnering on June 23–24 and June 29–30. 

RESI San Diego brings together early-stage life science companies, active investors, strategic partners, and industry leaders during one of the most important weeks in biotechnology. The conference features the Innovator’s Pitch Challenge, investor panels, educational workshops, company showcases, and a dynamic partnering platform designed to facilitate meaningful fundraising and business development conversations. 

The Program Guide provides a comprehensive look at this year’s agenda, including sessions covering therapeutics, medtech, diagnostics, digital health, corporate venture capital, artificial intelligence in healthcare, strategic partnerships, and emerging investment trends. Attendees can also explore participating investors, sponsors, exhibitors, and networking opportunities available throughout the five-day partnering event. 

With partnering already underway and meeting calendars continuing to fill, RESI San Diego offers a unique opportunity for innovators to connect directly with the investors and strategic stakeholders shaping the future of healthcare. 

View the RESI San Diego 2026 Program Guide and secure your place today at RESI San Diego.

Register for RESI San Diego

Don’t Underestimate the Importance of the Line 

By Dennis Ford, Founder & CEO, Life Science Nation (LSN)

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There is a line between deciding to pursue investors and partners and pursuing them. Most people believe they cross it the moment they decide. They don’t. Deciding is private. The line is the part the market can see, and the market only sees behavior. You can be completely certain you are committed and still be, as far as anyone outside your own head can tell, standing exactly where you were a year ago.

The market doesn’t care what you declare. It responds to what you do. What it reads is presence, whether you are in the room when it counts. There are moments when it counts more than others, when the people who fund and license and partner are not scattered across a thousand calendars but gathered in one place at one time, looking for their next opportunity. Those moments are real, and they are on the calendar. The wave forms whether you are ready or not. The only question it puts to you is whether you are in the water when it arrives.

Here is the part that surprises people. The companies that are serious about this do not try to be efficient about it. You would think the sophisticated move is to be selective, to take only the meetings that obviously matter and skip the rest. It isn’t, and there is a hard reason why. The meeting that changes your company does not announce itself going in. The lead investor is hidden inside a large number of conversations that look, beforehand, exactly like the ones that lead nowhere. The licensing partner is buried in a stack of introductions you cannot tell apart until you are sitting in them. You cannot reason your way to the one that counts and avoid the others. The only way to reach it is to go through the volume. So the serious company does not look for reasons to take fewer meetings. It looks for reasons to take more, because every additional relevant room is another draw from the deck the one card is hidden in. Most of the draws are blanks. That is not a flaw in the method. That is the method.

Activity guarantees nothing, and no one who has done this for long will tell you otherwise. What inactivity guarantees is the opposite. The company that is not in the room is not weighed, and ends up passed over. It is simply never seen, and the market does not hold a seat open for the company that didn’t show. It gives the seat to one that did. Which brings me to the week of June 22 in San Diego. That is a week the market gathers. The city fills with meetings, events, and venues all competing for the same hours, and RESI, on June 22, is built for exactly the thing I have been describing, a room assembled out of investors, licensing teams, and business development people who came specifically to find companies like yours.

Some of you reading this are already going to be there. You have a reason to be in San Diego that week, and you still have not decided to be in this particular room. Sit with that for a second. You will be in the same city, on the same days, with the market gathered a few miles away, and you are on the fence about walking in. There is a word for standing that close to the water, dressed to swim, watching the set roll past. The word is not caution. It is hesitation, and from the outside the market cannot tell the difference between a company that hesitated and a company that was never there.

The line we started with is not crossed by deciding you are ready. It is crossed in the open, by being where the market is while the market is there. If you believe you are ready, the week of June 22 is where that belief becomes visible or doesn’t. Register for RESI San Diego, June 22.

Don’t underestimate the importance of the line.

Register for RESI San Diego