Red (and Green) Flags To Look for With Biotech’s Buyside Investors

As Warren Buffett once pointed out, companies get the investors they deserve. Observations by the oracle-from-Omaha are hard to dispute, but how does that translate into practice if you’re a biotech company going through the IPO process and trying to read the signs in a whole new landscape of investors known as “the buyside”? Many … Continue reading “Red (and Green) Flags To Look for With Biotech’s Buyside Investors”

Starting a Company Is Hard. Good Health Insurance Makes It Easier.

Usually late August is fairly laid-back, but this year the debate over how states are implementing the federal Affordable Care Act seems to get louder by the day. Except here in Massachusetts, where it’s pretty quiet. Why? Because it’s already been addressed here. I must admit, I don’t remember there being very much angst at the … Continue reading “Starting a Company Is Hard. Good Health Insurance Makes It Easier.”

Supply Chains Are Orderly. Biotech Innovation Is Messy

I was intrigued by the concept of an “innovation supply chain” for biotech raised in last week’s Xconomy discussion with Noubar Afeyan of Flagship Ventures. The basic idea is that if there’s agreement about certain experiments, results, and value with a pharma company, then a biotech company can focus on delivering those results, the pharma … Continue reading “Supply Chains Are Orderly. Biotech Innovation Is Messy”

Can (Should?) A Young Biotech Company Still Go Long?

It used to be that every young biotech company’s goal was to “go long,” to become a FIPCO (fully integrated pharmaceutical company…remember when that phrase was in vogue?), selling its own product and running a sustainable business. These days, that’s rarely in anyone’s business plan. And yet at the same time, I’ve heard public market … Continue reading “Can (Should?) A Young Biotech Company Still Go Long?”