Fundraising is an integral part of almost every young biotech's business strategy, yet many entrepreneurs do not have a systematic approach for identifying and prioritizing potential investors—many of whom work outside of traditional venture capital.
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Acknowledgements
The authors are grateful to Maximilian Klietmann, Danielle Silva and Lucy Parkinson of Life Science Nation for research on this article. The authors would also like to thank the following individuals for their time and discussions: Vincent Miles, partner at Abingworth Life Science; Susanna Ling, associate director at the Milken Institute; John Walter, CEO at the Leukemia and Lymphoma Society; Melinda Richter, CEO at Prescience International and head of operations at Janssen Labs; Todd Sherer, CEO at the Michael J. Fox Foundation; and Ram May-Ron, managing partner at FreeMind Group.
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Ford, D., Nelsen, B. The view beyond venture capital. Nat Biotechnol 32, 15–23 (2014). https://doi.org/10.1038/nbt.2780
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DOI: https://doi.org/10.1038/nbt.2780
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