We’re excited to be back for another episode of the Life Sciences Today Podcast by Healthcare IT Today. My guest today is Scott Chetham, Co-Founder and CEO at Faro Health. In this episode, I sit down with Chetham to explore why the clinical trial industry is still designing $100M+ studies in Microsoft Word — and what’s finally being done about it. Chetham shares his journey from the Gold Coast of Australia to the heart of San Diego’s biotech scene, and how two decades of hands-on clinical development experience led him to build an AI platform that can do in 60 minutes what previously took five experts three weeks.
From a published Merck study showing $130M in cost avoidance to becoming the first company to automate study builds directly into Veeva, Faro Health is quietly becoming the backbone of protocol design for 6 of the top 10 pharma companies. We also dig into the future of vertical integration in drug development — from molecule discovery all the way through automated clinical monitoring.
Check out the main topics of discussion for this episode of the Life Sciences Today podcast:
- What is an Australian doing in the US, working in clinical development? How did that happen?
- Tell us what you’re doing at Faro Health.
- Who are your sponsors, and how do you create value for them?
- How do you capture value? What is your business model?
- What’s your superpower?
- What are three things you want to do for your sponsors in 2026?
- I’ve been thinking about vertical integration, on and off, for the past ten years. How great would that be?
- What is the biggest anti-pattern in the industry?
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