By Greg Mannix, VP, EMEA Business Development, LSN

Life Science Nation’s EU-focused webinar series, From Discovery to Decision: Making Early-Stage Life Science Legible to Capital, continues this week with Session III. Recordings of the first two sessions are available for those who would like to revisit the insights shared by active investors shaping early-stage healthcare financing.

This series examines a central question for early-stage companies: why strong science alone is not enough to secure capital, and how founders can structure development to become legible to investors.
Session I
Why Solid Science Fails to Translate Before Capital Even Considers It
Hosted by Richard Berenson, Managing Partner, Venzyme Catalyst
Watch the recording:
https://youtu.be/ODbukG6cjNM?si=9lj-BGKRhv2wJISW
In Session I, Richard Berenson offered a candid investor perspective on why many early-stage assets stall before diligence begins. He emphasized that the issue is often not a shortage of capital, but a failure of translation.
Scientific merit alone does not make an opportunity investable. Investors must see clarity around risk reduction, defined milestones, regulatory trajectory, and capital deployment strategy. Companies that struggle to articulate this framework may be filtered out long before meaningful evaluation takes place.
The discussion reframed from fundraising challenges as structural alignment issues rather than capital scarcity.
Session II
Legibility, Signal, and the Real Work Between Seed and Series B
Hosted by Karim Galzhar, Partner, OKG Capital
Watch the recording:
https://youtu.be/Dak112sslq4?si=9MpLvecop5Jxw4_E
Session II built on this foundation with a deeper examination of how investors form conviction between Seed and Series B.
Karim Galzhar outlined what global investors require to underwrite early-stage risk. Signals are formed across scientific validation, regulatory planning, commercial strategy, and disciplined capital use. Data alone does not create signals. Structured progress and stage-appropriate positioning.
The session highlighted how companies can unintentionally dilute signals by engaging the wrong forums too early or by misaligning fundraising expectations with development readiness.
Session III — This Wednesday
Partnering Is Not Exposure. It Is Filtration
Wednesday, March 4 | 10:00 AM ET / 4:00 PM CET
Session III will feature Dennis Ford, Founder & CEO of Life Science Nation and creator of the RESI Conference Series, alongside Gregory Mannix, VP, International Business Development, Life Science Nation.
This session confronts a simple truth: great science does not raise capital, signal does. We will examine how investors actually price risk, why fundraising must be run as a disciplined global campaign, and how legibility turns complex science into an investable story.
We will also address a costly mistake: engaging the wrong partnering events and the wrong investors too early. Not every conference, forum, or investor fits every stage of development. Success requires selecting the right venues, building a stage-appropriate global target list, and engaging partners who are structurally aligned with your product. The goal is to replace activity with real transaction momentum.
Registration for Session III is open: https://us02web.zoom.us/webinar/register/WN_oe499TEOQGmrSnoAzNr1yw#/registration

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