Home Newsletter Honored Guests Blog About Us Work With Us Sponsor & Advertise Be a Guest The Production Suite Get the Briefing

Open Door Salon

Steve Butts

Steve Butts

CEO, Arrivo BioVentures | Sex-Based Medicine & CNS Drug Development

Steve Butts is the chief executive officer of Arrivo BioVentures, a drug-development company based in North Carolina’s Research Triangle Park. A serial biotechnology entrepreneur with more than two decades of experience founding, financing, and exiting startups, he leads Arrivo’s pipeline of clinical-stage candidates.

Arrivo’s lead asset is a SIRT6 activator in development for major depression. In a phase 2 study of 319 patients, the drug produced a striking, unplanned result: it worked well in women and not at all in men, a finding Butts traces to research showing that men and women can express the same depression-linked genes in opposite directions. The company is now running a registration study to replicate the result.

Butts appeared on Open Door Salon alongside Jeff Fischer, president and co-founder of Longhorn Vaccines & Diagnostics, for a conversation on longevity and sex-based medicine. He defined longevity not as chasing a lifespan of 120 but as extending healthspan: slowing the biological processes of aging and preventing disease so people live longer, healthier, more functional lives.

Much of his account centered on how hard it has been to get the industry to take sex differences seriously. He recounted being asked, in apparent seriousness, whether there is “a market for a depression drug that only works in females” — a population that is two-thirds of depression patients. A drug tailored to the population it actually helps, he argued, is precisely what the system should want, and a step toward the personalized medicine the field keeps promising.

Frequently Asked Questions About Steve Butts

What is Steve Butts an expert in?

Steve Butts is an expert in central-nervous-system drug development and sex-based medicine, and a serial biotechnology entrepreneur with more than two decades founding, financing, and exiting startups.

Who is Steve Butts?

Steve Butts is the chief executive officer of Arrivo BioVentures, a drug-development company based in North Carolina's Research Triangle Park, where its lead asset is a SIRT6 activator in development for major depression. He appeared on Open Door Salon, the life sciences podcast hosted by Lori Ellis.

How does Steve Butts think about sex-based medicine?

Steve Butts points to a phase 2 study of 319 patients in which Arrivo's depression drug worked well in women and not at all in men, a finding he traces to research showing that men and women can express the same depression-linked genes in opposite directions. He has described how hard it has been to get the industry to take sex differences seriously, recounting being asked whether there is “a market for a depression drug that only works in females,” a population that is two-thirds of depression patients, and arguing that a drug tailored to the population it actually helps is precisely what the system should want.

On Open Door Salon

“Why Men and Women Age Differently — And Why Investors Don't Get It”
Jeff Fischer & Steve Butts · March 18, 2026

Episode page & show notes on Open Door Salon

“Someone asked me, in apparent seriousness, ‘Is there really a market for a depression drug that only works in females?’ I said I'm not sure I understand the question. This is two-thirds of the population. A drug that's specific for a population is what everybody wants.”Steve Butts, on Open Door Salon (on investor skepticism about a female-specific drug)
“We joke at Arrivo that, for whatever reason, we've had to prove that men and women are different. It baffles the mind.”Steve Butts, on Open Door Salon (on sex differences in drug response)
“We ran a phase 2 study in 319 patients, two-thirds female. To our surprise, it worked really well in females and did not work at all in males.”Steve Butts, on Open Door Salon (on the phase 2 result that reframed the program)

In this episode

  • Longevity isn't living to 120 — it's extending healthspan
  • The SIRT6 activator and the biology of aging
  • A phase 2 surprise: it worked in women, not men
  • Why men and women express depression genes in opposite directions
  • "Is there a market for a drug that only works in women?"
  • Educating investors on sex-specific markets
  • Generating data earlier to fund novel science
  • The capital now pouring into longevity

Topics

Drug DevelopmentSex-Based MedicineDepression & CNSLongevityHealthspanBiotech EntrepreneurshipClinical TrialsPersonalized MedicineSIRT6Biotech Investing

Watch on Open Door Salon

Why Men and Women Age Differently | Jeff Fischer & Steve Butts

Open Door Salon brings life-sciences leaders into candid conversation. Every Monday, the week's takeaways land in your inbox.

Subscribe on Substack →
The Briefing

Need the life-sciences signal but short on time?

Get a free quarterly briefing: four pages on what life-sciences operators are actually saying about Biosecure, AI hype vs. substance, and the $50,000 cell-therapy question. Ten minutes, in your inbox.