RA Capital Management, a prominent real-world healthcare investor, today announced the introduction of its metaverse strategy, which will focus on the metaverse’s development of innovative pharmaceuticals, diagnostics, vaccines, and life science platforms.
RA Capital will do rigorous scientific, technical, and business due diligence on all opportunities, as it has in the past; however, all transactions will take place in the metaverse and be funded by crypto-currencies. RA Capital will continue to help enterprises with value-added capital by pivoting to metaverse investments, especially during periods of real-world volatility.
“We’ve discovered that doing trials in the metaverse is more capital efficient than in the physical universe,” stated Peter Kolchinsky, PhD, portfolio manager. “It’s easier to enroll avatars in clinical studies, treat meta COVID, and treat meta-tumors,” says the researcher.
The managing director, Pieter Boelhouwer, says, “A benefit of the metaverse is proper meta insurance. Pharmacy benefit managers are slow and haven’t worked out how to con avatars in the metaverse with the same foolishness they do in the real world, such as charging a sick person more than the drug’s actual cost.”
One of the advantages of his meta strategy is that RA Capital won’t have to take any biological risks. “Avatars don’t have biology,” said Josh Resnick, MD, managing director of the company and a real-life emergency physician. Tess Cameron, Principal, Strategic Finance, stated, “Financing is easier in the metaverse.” “Consolidated crypto-currency IPOs, or C3-POs, enable for more efficient price discovery and management code allocations. CEOs can even send very unhappy emojis to speculators who decrease their shares using blockchain tracking – not that anyone should engage in such meta-vindictiveness.”
RA Capital is pursuing a multi-stage strategy that includes public equity, venture capital, and new business creation, as well as the formation of firms from the ground up within its incubator. The company will also issue a non-fungible token (NFT) for each investment as part of the platform’s expansion.
For MetaNews.