Podcast: Starting a Biotech Company
How do you start a Biotech Company? Good question, for the most part it’s like anything else, you have a good idea, you write a business plan using a well defined guide, and then proceed to get things off the ground.
But we’ll let someone explain it better than we could, this podcast comes from Absolute Science and Welltopia.com where Mignon Fogarty interviews her husband Patrick Fogarty a post-doc at Stanford who in the 90’s started his own Biotech Firm with next to no knowledge of business. However you’ll notice a lot of the same trends we’ve been discussing here, engaging executive summary, a hook for the VC, scalability, market size and identification, thus further pinning the belief that a majority of entrepreneurial concepts are transferable between industries.