Biotechnology Entrepreneurship explains the biotech business components and underlying strategies, interspersed with practical lessons from successful biotech entrepreneurs, educators, and experienced practitioners. These veteran contributors share their insights on how to be successful in this challenging but exciting industry. Subjects range from technology licensing and translating an idea into a viable business, forming your legal company entity, securing angel and venture capital, navigating product development, FDA regulatory approval, and biomanufacturing.
This book is a user-friendly guide to decision-making and overall strategy written as a hands-on management tool for leaders and managers of these dynamic biotechnology ventures. If you are contemplating starting a biotech company, are a manager at any level, a seasoned veteran, or service provider in the biotech industry, this book is a "must read.¿
This second edition includes several new chapters on topics such as:
- What you need to know about valuation and term sheets
- Investor presentations and what you need in a biotech investor pitch deck
- Mentorship and why you need mentors
- Artificial intelligence applications in biotech and pharma
- Common biotech entrepreneur mistakes and how to avoid them
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