This was an exciting piece on a stealthy private biotech with a valuation that sounds too good to be true. First broken by Forbes Reporter Matthew Herper, I followed with a local in-depth look at Samumed’s larger-than-life valuation. This story won Third Place in the 2016 Excellence in Journalism Awards put on by the San Diego Press Club.

Lede: ” Osman Kibar is nonchalant, as billionaires go, but he’s nothing if not confident. Dressed in a fading polo shirt and old jeans, he leans back in his chair, intertwines his fingers and fights a knowing smile. He knows why I’m here.”

READ THE FULL STORY AT SAN DIEGO BUSINESS JOURNAL.