Biotech Models: Bypassing VCs to Deal Direct with Pharma
This article was originally published in Start Up
Executive Summary
There has to be a better way to do biotech than lurching from one hard-fought VC round to the next, losing sight of product development for the sake of providing an exit for investors. That's the view of HS LifeSciences, which aims to create a more direct route from promising academic research to market, avoiding the management time, heartache and dilution associated with serial VC rounds. Put simply, the idea is to match innovative technologies or research projects with potential pharma partners very early on, bypassing VC funding and allowing maximum resource and attention to be focused on the product.