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Young biotech startups can benefit hugely from the US National Institutes of Health (NIH), not least because of the agency's non-dilutive funding, guidance, and opportunities for collaboration. Increasingly, however, there is a fair bit of misunderstanding about what the NIH can and cannot do for a biotech entrepreneur.
In recent years, a number of universities have created graduate degrees in biotech and business. Although it's still too early to measure their value, it appears that they are already inspiring debate and some startup activity.
New York City is crowing about the long-awaited arrival of a new biotech park, but the city will have to overcome its image as a financial and fashion capital before it captures the interest of biotech startups.
You've heard enough bragging about the great licensing successes of your colleagues. But for each successful deal, there is at least one total disaster that they try to forget. It's time to pull back the curtain and talk about some truly lousy deals.
As biopharmaceutical companies are pushed up the pipeline to find the best licensing deals, some small biotechs are starting to command more money at an earlier stage in their research.
Many nations provide startup funding for biotech startups. In an effort to give its upstarts an added boost, the Swedish government also plays the role of bridge builder by taking its startups on the road.
Few things are misunderstood more by biotech startup management teams than the importance of creating working space conducive to innovation and productivity, and compatible with the company's vision. Aesthetics, form and function matter.
Life science investors are once again smitten with medical device startups. But, biotech entrepreneurs and investors should keep things in perspective.
Because of their scale and cost advantages, virtual biotechs are attracting growing interest again. In theory, any element in the innovation chain of a biotech or medical device firm can be outsourced. In practice, the virtual model represents challenges to both investors and management.