Developing a biotechnology product has been likened to building an airplane while it taxis down the runway. You feverishly work to complete product development while the runway (your existing cash, your ability to raise capital and your time) is ever [...]
Assessing a Medical Product Technology: How to Know if an Idea is Worth Building a Company Around? The vast majority of all commercially successful medical device, therapeutic, diagnostic and biologic products arise from discoveries that can be traced back to [...]
When venture capitalist Robert Swanson, and biochemist Dr. Herb Boyer each put in $500 to start Genentech in 1976, it could hardly be said that they knew what they were getting into, or how they were going to make their company successful. [...]
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 [...]
