What is the first thing a biotech entrepreneur should do when thinking about formally starting their company??? One of the first things is to talk with an experienced attorney who has worked with start-up biotechnology companies. Too many entrepreneurs say they [...]
Determining Valuation for Early and Latter Development-Stage Biotechnology Companies – All biotech entrepreneurs at some point must address the question “how much is your company worth?” The answer determines the slice of equity for yourself, employees, and current and future [...]
The lifeblood of a young biotech company is cash. Without capital, the greatest of ideas get nowhere. The biotech entrepreneur must successfully identify and access consistent sources of capital over the life of their organization in order to transform their [...]
Sometimes people make simple things complex. However, most of the time we make complex things impossible. George Whitesides has a knack for making complex things seem easy. He is a professor of chemistry at Harvard and a serial entrepreneur. Whitesides [...]
A recent report from Ernst and Young acclaimed that the biotechnology industry finally reached profitability for the first time in history with a net income of $3.9 billion in 2009 (Beyond Borders: Global Biotechnology Report 2010). This is a significant [...]
Most would-be entrepreneurs believe that they will one day start a company, however they usually don’t know how. Starting a company cannot be haphazard. Beginning a company requires significant planning and many events must simultaneously converge in order to be [...]
