Welcome back to the incredible Pharmaverse podcast where we sit down with the brightest stars in Pharma. In this episode of the Pharmaverse podcast, host Michael Pietrack interviews Pritesh Gandhi, CEO of TellBio, discussing his journey in the pharmaceutical industry, the challenges currently facing the sector, and the importance of communication and leadership. Pritesh shares insights on the impact of COVID-19 on clinical trials, the future of pharma amidst economic pressures, and the role of AI in diagnostics and therapeutics. He emphasizes the need for innovation and effective communication as key components of successful leadership. “Every day is different as a CEO” Pritesh stresses the importance of communication with all stakeholders, how to manage effectively, and how we can get Pharma out of its current funk. Learn about advice for up and coming leaders and more! Tune in, and be sure to like, comment, and subscribe for more Pharma content just like this. Key Moments:🔑🥇 Pritesh Gandhi shares his unexpected journey to becoming a CEO of TellBio.🤠 The role of a CEO involves wearing multiple hats and facing diverse challenges.📈 Current economic factors like inflation are impacting pharma investments.🤧 COVID-19 created significant challenges for clinical trials and innovation.💲The IRA is influencing long-term budgeting and access to therapies.🅰ℹ AI has the potential to revolutionize diagnostics and personalized medicine.💉The diagnostic sector faces substantial headwinds, particularly in oncology.📱 Effective leadership hinges on consistent and clear communication.🌀Aspiring leaders should advocate for themselves and seek feedback.🤝Understanding the difference between managing and leading is crucial for new managers.Chapters00:00 Introduction to Pritesh Gandhi and TellBio01:30 The Role of a CEO in Pharma04:07 Current Challenges in the Pharmaceutical Industry08:13 Impact of COVID-19 on Clinical Trials10:18 Long-term Budgeting and the IRA11:34 Future Challenges for Pharma13:11The Role of AI in Diagnostics and Therapeutics17:17Headwinds in the Diagnostic Sector20:09 Key Qualities of Effective Leadership26:10 Advice for Aspiring Leaders28:24 Managing vs. Leading: Insights for New Managers