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Molecule to Market takes you inside the global pharma and biopharma outsourcing ecosystem. Each week, our host Raman Sehgal sits down with the founders, entrepreneurs, CEOs and C-suite leaders shaping the pharma services and tools that power discovery, drug development and commercialization.
Listeners get real stories and practical insights from across the entire value chain, from big pharma and emerging biotechs to private equity investors, CROs, CDMOs, technology platforms and specialist consulting firms. Our host Raman is an entrepreneur, investor, bestselling author, speaker and long time industry insider.
https://moleculetomarketpod.com
Episodes

Aug 1, 2025
Aug 1, 2025
50 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Ankit Gupta, CEO at Tenshi Kaizen.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Ankit, covering:
- His accidental journey into pharma, and then pharma manufacturing
- How his exposure to the pharma value chain via consulting led to numerous roles in the sector, including a critical one at Strides Pharma Sciences Limited and other group companies held by the founders
- The honour of being appointed CEO at Tenshi, and building out InstaPill(R) - its proprietary oral drug delivery technology - from incubation to growth
- Why India is poised for growth now that it's leading the 'D' as well as the 'M' of CDMO
- The lay of the land in India's biopharma and pharma ecosystem
Ankit Gupta is a seasoned finance and strategy leader with close to 15 years of experience in the pharmaceutical and biotechnology sectors. At Tenshi Kaizen, he leads the development and global expansion of innovative pharmaceutical technology platforms, including the flagship InstaPill. He also serves as the Chief Corporate Strategy & Development Officer across all group entities promoted by the founders.
Ankit is known for his expertise in corporate strategy, growth acceleration, and business transformation. In his prior role as Vice President – Strategy and Corporate Development at Gland Pharma Limited and Strides Group, he played a pivotal role in long-range planning, financial forecasting, and strategic initiatives that contributed to the Strides Group turnaround in the financial year 2022-2023.
He brings deep experience in both organic and inorganic growth, asset optimization, and risk management. A gold medalist in MBA (Finance), Ankit also holds global certifications in corporate finance, private equity, valuations, business leadership, and strategy, bringing a rare blend of financial precision and strategic foresight to the group’s leadership.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space.
We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.

Jul 25, 2025
Jul 25, 2025
57 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Adam Sherlock, CEO at Qinecsa.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Adam, covering:
- How he developed his professional CEO skills over the years to complement is entrepreneurial spirit
- The combination of micro and macro factors that help determine when the right time is to go to market, and sell
- The importance of your gut instinct when assessing M&A targets... and painting a picture of why the world is a better place when together
- Several attempts at failing to retire... and being tempted back into another pharma services CEO role
- How R&D services will be impacted by AI, and why we all need to be eating our own lunch
Adam is a serial entrepreneur and executive leader with nearly 40 years of experience in the international life sciences industry, particularly in bio/pharma, IVD, and medical device sectors. A scientist by training, he has led successful growth and M&A efforts, creating exceptional value in four private equity-backed businesses over the past decade.
Adam is also a sought-after NED, Chair, and independent advisor. Currently, he serves as CEO of Qinecsa, a global provider of pharmacovigilance technology and services.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored by Bora Pharma (boracdmo.com) and Charles River (www.criver.com), and supported by ramarketing.

Jul 18, 2025
Jul 18, 2025
1hr 16 min
In this special episode of Molecule to Market, recorded at this year’s CDMO Live in Rotterdam, industry leaders come together to assess the evolving state of the contract development and manufacturing sector. Raman is the panel moderator, joined by:
They unpack cautious optimism in the face of lingering market uncertainties and geopolitical tension, you’ll hear:
- How CDMOs are adapting to early-stage funding strain and evolving pricing models
- The impact of rising interest rates, tariffs, and global trade policy on pharma outsourcing
- Capacity and talent constraints facing CDMOs in new therapeutic modalities
- Why integrated models and scenario planning are key to future-proofing operations
This episode offers timely insight into the challenges and opportunities shaping the next phase of growth for CDMOs worldwide.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored by Bora Pharma (boracdmo.com) and Charles River (www.criver.com), and supported by ramarketing.

Jul 11, 2025
Jul 11, 2025
49 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Hella Kohlhof, CSO at Immunic.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Hella, covering:
- How the 'waste of two molecules' led to the spin-out creation of Immunic Therapeutics.
- The perfect blend of a founding team willing to split responsibility, learn and have a go.
- Ending up as a Nasdaq-listed company via a reverse merger... and all the new challenges that came with it.
- Immunic's divide-and-conquer global outsourcing strategy, while retaining tight control.
- Examples of how geopolitical issues have impacted a biotech's growth.
Hella leads the Immunic's scientific strategy, including mode of action research, preclinical studies, and biomarker development.
Dr. Kohlhof brings deep expertise in immunology, oncology, and drug development, with previous roles at 4SC AG, where she led preclinical and clinical projects. She holds a doctorate in biology from Ludwig Maximilians University of Munich and completed her postdoc at the Helmholtz Centre, focusing on B cell development.
She holds several patents, has co-authored numerous publications, and is a regular speaker at scientific and industry events.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.

Jul 4, 2025
Jul 4, 2025
44 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Tim Showalter, Radiation Oncologist, Founder and Chief Medical Officer at ArteraAI.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Tim, covering:
- The attraction of radiation oncology at med school and his fascination with clinical trials
- His frustration with tools for cervical cancer patients led to the creation of a medical device company
- How his bootstrapped side project ended in an exit... but why that was inspiring and motivational to move on to the next thing
- The proud experience of using his own product (BrachyGel) on cancer patients in the clinic, years after coming up with the idea
- How ArteraAI's technology is positively disrupting the prostate cancer space, as well as its potential to scale and expand into other disease areas
Tim Showalter, MD, MPH, is a radiation oncologist and cancer researcher who serves as Chief Medical Officer at Artera, where he leads research and medical strategy. Artera is working to improve cancer care by developing AI-enabled prognostic and predictive tests. The ArteraAI Prostate Test is the first of its kind to be recommended by national clinical guidelines for routine use. Tim maintains a part-time clinical practice at the University of Virginia, remaining connected to patient care, research and education.
He is the founder of Advaray and inventor of BrachyGel, a novel hydrogel-based medical device for cervical cancer radiation therapy, which is manufactured and marketed by CQ Medical. Tim serves on the board of CQ Medical and cohosts a podcast, HealthTech Remedy to explore the intricacies of innovative health technology companies. Tim is a noted speaker and advisor to start-up companies.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.

Jun 27, 2025
Jun 27, 2025
46 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Gemma Budd, General Manager at Nanopharm.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Gemma, covering:
- Why being in an overly strategic, future-focused role led her to make the tough decision to move on
- Identifying the joy of solving problems for customers in service-based businesses
- Why her holistic experience led to the GM role...and the reality in becoming the leader
- The factors driving growth for inhalation delivery for nasal and pulmonary routes
- Being a niche player in a global market - why clients don't care where you are when you know what you're doing
With a background in biomedical science, Gemma has built her career over the past 15 years by leveraging and expanding that knowledge in the pharmaceutical and medical devices industry. She has worked in companies providing analytical and formulation development services, materials science consultancy and manufacturing of drug delivery systems – primarily in commercial and technical roles.
She is currently the General Manager of Nanopharm, a specialist CRO focusing on developing nasally administered and inhaled drug products for pharmaceutical companies worldwide, through her team of 75 employees in the UK. She is focused on ensuring the business continually delivers, innovates and evolves in their niche space to ensure their clients benefit from their expertise that is not widely available in the industry, developing both exceptional talent and unique technology platforms, and ensuring they combine to deliver high quality services to help get drugs to patients quickly, safely and effectively.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.

Jun 20, 2025
Jun 20, 2025
50 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Jeanne Taylor Hecht, Chief Executive Officer and Chairwoman at Lexitas.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Jeanne, covering:
- How Jeanne's various roles have equipped her to become a more rounded CEO and board member.
- How a stint in Asia led Jeanne to develop her strategy playbook, including the importance of the client's voice.
- Jeanne's journey, taking on eight different boards and becoming a serial investor and advisor... and how that did not happen by accident. She said that having a strong relationship with a PE firm and missing the hands-on, day-to-day role of being a CEO led her back to the hot seat.
- Understanding why has being a specialist ophthalmology CRO given Lexitas traction with small to medium biotechs, and what is the future in store for CROS?
Jeanne's industry career spanned over twenty-five years as a Board member and Chief Executive Officer of multiple companies, including CEO at Ora and Senior Executive at Median Technologies, IQVIA, Decision Biomarkers, and the UNC Oncology Protocol Office. Jeanne also launched and expanded a Life Sciences consulting practice that supported companies with sales, marketing, and market growth strategies and advisory and board work. She is primarily motivated by helping to bring relief to patients.
Jeanne is an active Advisory Board Member for the University of North Carolina Chapel Hill Kenan-Flagler’s Business School and Lecturer at the business school. She contributed to the creation of Wake Forest University’s master’s in clinical research program and remains an active industry advisor to the school. She holds a Bachelor of Science from the University of Michigan and a Master of Business Administration from the university’s Ross School of Business.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.

Jun 13, 2025
Jun 13, 2025
55 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Garren Hillow, Executive Coach and Author.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Garren, covering:
- Why not being a PhD scientist really helped him in selling science
- How recruiting for glory enabled him to hire the best people on the planet
- Buying a CRO business and getting comfortable with the risk of bankruptcy
- Going all in on his business, and sticking true to its core vision, enabled this David to beat the sector's Goliaths
- From struggling to make payroll, to the perfect storm that led to a $190m sale
Garren Hilow is a biotech entrepreneur, advisor, and speaker best known for co-founding Abveris, an antibody discovery company he scaled without venture capital and ultimately sold to Twist Bioscience for $ 190 M. His journey is a masterclass in building a high-value, capital-efficient business in one of the world’s toughest industries. At Abveris, Garren focused on resourcefulness, sales mastery, and building a sellable system, not just a company, allowing him to achieve a major exit while staying true to his entrepreneurial ideals.
Today, Garren works with founders and CEOs across life sciences and B2B sectors, helping them build scalable, independent businesses without sacrificing control. He’s passionate about empowering entrepreneurs to create long-term value through practical skills like sales, leadership, and strategic marketing, always with an eye on sustainable, founder-friendly growth.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.

Jun 6, 2025
Jun 6, 2025
50 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Angelo Gatto, CEO at Chanelle Pharma.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Angelo, covering:
- Why he chose to follow a big pharma divestment into the CDMO industry. The tricky transition from big pharma technical to commercial CDMO BD when he had the view of "I don't like sales people"!
- How commercial trust is developed through preparation, character and competences
- Why he couldn't resist the 'made for him' CEO role at Chanelle Pharma
- Making key strategic decisions to that make the business very attractive to a range of future buyers.
- The humanisation of animal care driving the pipeline and development of new products for small and large animals
Angelo brings over 25 years of international experience in pharmaceuticals, in a career spanning animal health, human health and CDMO. He has held operations, commercial and management roles at Johnson & Johnson, AlfaSigma, Pfizer, Aenova Group, Adragos Pharma.
Since July 2024 is the CEO of Chanelle Pharma, Before joining Chanelle he also created a boutique advisory firm that has helped companies in last years to succeed in M&A deals and value creation, mostly in the CDMO space.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.

May 30, 2025
May 30, 2025
51 min
In this episode of Molecule to Market, you’ll go inside the outsourcing space of the global drug development sector with Christiane Bardroff, COO of Rentschler Biopharma SE.
Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Christiane, covering:
- The importance of "knowing what you're talking about" to build confidence
- Being asked to build and commission an automated €800m bioprocessing plant at Teva
- The draw of a family-owned CDMO business servicing 170 clients worldwide, and what she loves about this ownership model
- The 'power of we' is doing things together as a team for the greater good of the business
- The power of listening to people and empowering teams that led to producing 50% more at the same site
- Why Rentschler Biopharma decided to exit the CGT capabilities and double down on its biologics business
Christiane oversees operations across the company’s sites in Germany and the US. A results-driven executive with a strong foundation in biotechnology and chemical engineering, she brings deep expertise across biomanufacturing, automation, digitalization, and leadership.
Her career includes nearly a decade at Roche, where she implemented the company’s first paperless manufacturing process. At Teva Biotech, she led the development of a €800M large-scale facility and was part of the global management team, earning Teva’s Mission and Values Award in 2021.
Since joining Rentschler in 2022, Christiane has advanced rapidly through senior leadership roles and now leads all operational areas, including manufacturing, quality, engineering, regulatory, and supply chain.
Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We’d also appreciate a positive rating!
Molecule to Market is also sponsored and funded by ramarketing, an international marketing, design, digital and content agency helping companies differentiate, get noticed and grow in life sciences.
