From an inventor's or founder's perspective
Is there a better
feeling than that of being the inventor or discoverer with an idea that holds the promise of transforming healthcare, and
yielding great profits for you, your lab, and your institution? Yet, as difficult as it may have been to
devise or discover your technology, the hardest part lies ahead. You’ll need to get your product
development work funded and completed, carefully thread your product through the intricate regulatory approval process, and
finally, drive it successfully into the market. Worse, here you sit in the most challenging business environment
in half a century!
Let us provide you with
direct access to an experienced start-up business executive to give your product and your company the opportunity
it deserves to navigate the murky waters ahead. Our start-up person has a solid track record in bringing
new bioscience products into the world, with the direct business experience your company needs, including:
- Negotiating technology licenses;
- Conducting
specific market research to help optimize your product concept;
- Preparing thorough and successful business plans;
- Raising
capital and working with venture investors;
- Establishing major corporate partnerships;
- Signing-up R&D and
manufacturing subcontractors;
- Meeting FDA and other regulatory hurdles for product marketing; and
- Staffing-up for production and full commercialization.
Venture capitalists and
corporate investors are far less willing to speculate these days with anything less than a seasoned management team in
the bioscience world. Our start-up executive . . . whether acting as your mentor/advisor, your CEO, your Board Chairman,
your COO, or your CBO . . . will bring the expertise in bioscience product development and commercialization that
investors seek, and the wherewithal to help you best attract the few start-up investors out there these days.
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"Reed
added tremendous value to [our startup company] during his time as CEO. As the technical founder I was caught
up with the potential of the technology, but Reed brought a much needed market focus. Reed spent hundreds of hours visiting
surgeons in the operating room to define our “killer application” and then creating a strategic direction for
the company. Reed then led us to turn this direction into a detailed business plan. He was also a tremendous mentor
to me in the process of raising capital. He put us in a great position to close our series A venture round." -- Shane Farritor, Ph.D., Associate Professor, Dept. of Mechanical Engineering, University of Nebraska
- Lincoln
“I worked with Reed for nearly three years while he was CEO of [our company]. Although
I served as the [Chief Scientific Officer] of the company, Reed included me in all the other aspects of the business, including
fundraising, deal making, and strategy development. Reed was a important mentor to me and helped prepare me to successfully
take on the role of CEO. . .” -- John T. Santini, Jr., Ph.D., Cofounder, and now President & CEO of a bioscience company
spun out of the Massachusetts Institute of Technology