Building a Business

	Simply having a great idea is not enough to make a business. This section, written primarily by experts, provides you with practical advice and guidance on the issues to consider when launching a new venture. Recently posted articles are shown below. Further information on specific areas of Building a Business can be found by clicking on the menu to the left.

Getting dumped
June 2007
Many biotech products experience setbacks and disappointments along the path to commercial success. Here, three industry insiders provide some suggestions for the best practice when a product is returned or discontinued by a licensee.

Six steps to successful financing
May 2007
A serial entrepreneur provides his insights into the pitfalls you may face when seeking financing for your company and some key strategies to avoid them.

Planning your taxes in the UK
April 2007
Two of KPMG in the UK's tax consultants summarize basic tax principles to bear in mind when starting a life science venture.

Tapping into foundations
March 2007
Charitable foundations are increasingly looking to help promising drugs reach the market. Often the advice and networking opportunities they provide are as valuable as the funding.

Key ingredients for success in Europe
February 2007
Europe has a substantial big pharma presence and a continuing tradition of scientific excellence, but several factors still hinder the development of a vibrant biotech sector.