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Raising financing through strategic timing

Strategic timing can be key for nano-drug-delivery ventures to get financing. Timely publications engage potential partners; early broad, blocking, relevant patents demonstrate the potential to appropriate value; and venture formation closer to clinical viability better aligns its timeline with that of venture capitalists.

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Figure 1: Emergence of nanobiotechnology firms by subsector.
Figure 2: Strategic timing of BIND Therapeutics.

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Acknowledgements

The authors thank L. Foster, R. Langer, S. Minick, P. Burgess and O. Farokhzad for time and access provided and the participants of the Academy of Management Conference 2015, the Personalized Medicine Summit 2015, the International Schumpeter Society Conference 2016 and the R&D Management Conference 2016 for their feedback. In addition, the authors are grateful to Mitacs, the Centre for Drug Research and Development Ventures Inc., and the Beedie School of Business (Simon Fraser University) for funding through a Mitacs Elevate post-doctoral fellowship (grants IT02825 & IT02992).

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Correspondence to Elicia Maine.

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Global Nanobiotechnology Firm Sample (PDF 362 kb)

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Maine, E., Thomas, V. Raising financing through strategic timing. Nature Nanotech 12, 93–98 (2017). https://doi.org/10.1038/nnano.2017.1

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