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Category Archives: Biotech startup advice
Keeping It Simple: What Really Matters For Emerging Enterprises
September 4, 2024
By Ankit Mahadevia, chairman of Spero Therapeutics, as part of the From The Trenches feature of LifeSciVC A common theme in startup literature is that by cutting a range of unnecessary tasks, a step-change in results will follow. I’ve found
A Primer on Early-Stage Biotech VC
July 31, 2024
By Aimee Raleigh, Principal at Atlas Venture, as part of the From The Trenches feature of LifeSciVC From the outside, one might assume all biotech venture capital (VC) firms are more similar than different. However, once you look under the
March Madness – Biotech Style
March 8, 2024
By Robert Clarke, CEO of Kinaset, as part of the From The Trenches feature of LifeSciVC As I write, I am on the train back from New York after watching my son’s NYU basketball team play in the 2024 D3
My Love/Hate Relationship with Process
October 5, 2023
By Aoife Brennan, CEO of Synlogic, as part of the From The Trenches feature of LifeSciVC I remember vividly my first vacation with the man who would be my husband. In the days before Airbnb and on-line travel websites, he
Embracing the New Normal: Our 2023 Hybrid Model Experiment
February 3, 2023
By Ankit Mahadevia, CEO of Spero Therapeutics, as part of the From The Trenches feature of LifeSciVC Biotwitter is great for healthy debates. The most recent has been on the merits of the hybrid vs.an in-person model. John Maraganore’s excellent
Lessons Learned on Preparing to Weather the Inevitable Challenges in Biotech
September 15, 2022
By Joshua Brumm, CEO of Dyne Therapeutics, as part of the From The Trenches feature of LifeSciVC By all accounts, 2022 did not start according to plan for the biotech industry. The U.S. economy and growth stocks struggled with the
Leading With Head And Heart – Navigating The Human Side Of Tough Decisions
June 2, 2022
By Ankit Mahadevia, CEO of Spero Therapeutics, as part of the From The Trenches feature of LifeSciVC 2022 has brought unique challenges for growing companies. Capital markets, shifting regulatory winds and other emergent forces are driving tough decisions on programs,
Out On The (Cutting) Edge: How The Tools Of Extreme Survival Can Help Build A Biotech Company
May 18, 2022
By Aoife Brennan, CEO of Synlogic, as part of the From The Trenches feature of LifeSciVC A couple of years ago, my husband returned from a business trip with a random gift for me. He was running through an airport
How Early Is Too Early To Establish A Commercial Function In Biotech?
January 6, 2022
By Sush Patel, CCO of Replimune as part of the From The Trenches feature of LifeSciVC. After close to 20 years at Genentech (GNE) shaping and directing marketing and commercialization efforts for novel oncology therapies, I finally took the plunge
Scaling Thoughtfully: The Art Of Sharing Responsibilities Across A Growing Team
July 27, 2021
By Ankit Mahadevia, CEO and Founder of Spero Therapeutics, as part of the From The Trenches feature of LifeSciVC. The opportunity for each member of a NewCo to take on multiple responsibilities selects early for people ready to help a
Controlling Your Destiny: Why Investment in Manufacturing Capabilities Makes Sense
May 28, 2020
By Philip Astley-Sparke, CEO of Replimune, as part of the From The Trenches feature of LifeSciVC. Manufacturing of medicines based on biology is complex. Viral vector manufacturing to produce gene therapy constructs, vaccines and oncolytic viruses is especially intricate. Most
Call Me, Maybe
February 3, 2020
This blog post was written by Aoife Brennan, CEO of Synlogic, as part of the From The Trenches feature of LifeSciVC. My first job at a public company was when I joined Biogen or Biogen Idec as it was then
Kyn to Ikena: The Art and Science of Rebranding
December 17, 2019
This blog was written by Mark Manfredi, CEO of Ikena Oncology, and guest blogger Maude Tessier, CBO, as part of the From The Trenches feature of LifeSciVC. When we started to think about changing our company name, we knew it
Early Company Evolution – People, Pipeline, and Purse
September 16, 2019
This blog was written by Mark Manfredi, CEO of Kyn Therapeutics, as part of the From The Trenches feature of LifeSciVC. “Time flies when you’re having fun.” That’s how I feel as I reflect on the first three years of
Tips for Industry-Academia Collaboration
July 24, 2019
This blog was written by Samantha Truex, Atlas EIR and CEO of Quench Bio, as part of the From The Trenches feature of LifeSciVC. Some of the most promising and innovative research underlying biotech start-ups arises in research institutions. It
Biotech Startups And The Hard Truth Of Innovation
May 20, 2019
Gary Pisano’s recent Harvard Business Review piece, The Hard Truth About Innovative Cultures, beautifully frames up how innovative corporate environments are frequently misunderstood. Innovative startups aren’t just about being cool and nimble, having beer taps in the kitchen, or an
An Encyclopedia Of Advice For Startup Boards
May 6, 2019
Startups management teams often have a love-hate relationship with their Board of Directors: while Boards can be hugely helpful and constructive in the best of times, they can be dysfunctional and damaging in the worst. And most CEOs enjoy complaining
Why Reputation Is More Important Than Ever For Biotech Companies … And What You Can Do About It
April 24, 2019
This blog was co-written by Deanna Petersen, Chief Business Officer of AVROBIO, and Paul Newman, head of Corporate Communications, as part of the From The Trenches feature of LifeSciVC. “It takes twenty years to build a reputation, and five minutes
Biotech Insider Stock Sales: Peer Benchmarks And Guidelines
February 6, 2019
Over the past six years, the biotech sector has experienced an incredible run of IPOs, reflecting the longest and largest “open window” for new offerings. Much has been written about post-IPO performance here and elsewhere, but there’s been little discussion
Float Like A Butterfly: Agility In Biotech
June 13, 2018
This blog was written by Jonathan Montagu, CEO and co-founder of Hotspot Therapeutics, as part of the From The Trenches feature of LifeSciVC. In the quest towards building high-performing teams, biopharma can lift a page from the tech playbook around
Launching Science2Startup: Connecting Academics With Venture
October 6, 2017
We’re excited to announce the launch of Science2Startup, an invitation-only university-focused biotech entrepreneurship event aimed at building connectivity across the academic, tech transfer, and venture communities. This event is in many ways a relaunch of the successful URES (University Research
Distinctive Biotech Corporate Culture: Walk The Talk
July 25, 2017
Corporate culture is often hard to precisely define. Yet it’s always cited as being one of the key drivers of company outperformance, especially for startups. Recently I was asked to define what culture means by a young entrepreneur: beyond the
Caveat Subscriptor When Academia Touts A Breakthrough
March 31, 2017
This blog was written by Nessan Bermingham, CEO of Intellia Therapeutics, as part of the From The Trenches feature of LifeSciVC Academic discoveries are oxygen for entrepreneurs. But, caveat subscriptor – be careful what you sign. Even high profile
Our Experience With First-Time Biotech CEOs: Five Behaviors That Matter
May 25, 2016
Jumping into a first-time CEO role in an emerging biotech is a daunting but exciting opportunity – both for the newly-minted chief executive and their Board of Directors. A great hire can be positively catalytic to a startup; and, sadly,
Moving From Academia To Successful Biotech: Optimizing Tech Transfer
April 26, 2016
University tech transfer offices play a central role in the biotech ecosystem, as the successful commercialization of an academic discovery is the aspiration of many young startups. Navigating – and optimizing – this tech transfer process is therefore critical to the
Preparing To Scale Your Biotech Startup
September 22, 2015
This blog was written by Ankit Mahadevia, CEO of Spero Therapeutics, as part of the “From the Trenches” feature of LifeSciVC. After many months (or years) of grinding, your science seems to be working, the market is responding to your story,
The Other Side Of The Fence
August 5, 2015
This blog was written by Ron Renaud, CEO of RaNA Therapeutics, as part of the “From the Trenches” feature of LifeSciVC. In a previous post I was extolling the virtues of leading a private company. Specifically, the freedom of being able
Playing The Waiting Game: A Tactical & Spiritual Guide
June 2, 2015
This blog was written by Ankit Mahadevia, co-founder of Spero, Synlogic, and Rodin Therapeutics, as part of the “From the Trenches” feature of LifeSciVC. The concept of “getting s#it done” is central to our lives as entrepreneurs. With time and capital
Reflections On Scientific Advisory Board Construction
May 19, 2015
This blog was written by Kevin Pojasek, co-founder and Acting CEO of Quartet Medicine and Atlas EIR, as part of the “From the Trenches” feature of LifeSciVC. “Most of the smartest people work somewhere else.” The famous Bill Joy quote, often
BioPharma M&A: Capital Efficiency Drives Returns
May 15, 2015
Amidst lofty public markets and robust fund flows, it’s easy to forget the importance of equity capital efficiency in building new biotech companies. But like gravity, it’s a fundamental principle and rests at the heart of generating quality returns in
To Tweet Or Not To Tweet, That Is The Question
May 13, 2015
This blog was written by Ron Renaud, CEO of RaNA Therapeutics, as part of the “From the Trenches” feature of LifeSciVC. Have you ever scrolled through your Twitter feed and found something distasteful posted about your company? You may be the
Confronting Real(i)ty In Cambridge
May 6, 2015
This blog was written by Chuck Wilson, CEO of Unum Therapeutics, as part of the “From the Trenches” feature of LifeSciVC. This is an ongoing saga about finding a new home for my company, Unum Therapeutics. Google tells me that there
Five Questions To Ask Your Investors Before You Take Their Money
April 22, 2015
This blog was written by Mike Gilman, CEO of Padlock Therapeutics and Atlas EIR, as part of the “From the Trenches” feature of LifeSciVC. Padlock Therapeutics is my second startup, and it’s not nearly as scary as the first one. Not
Finding Success In Failing Early: All About Execution
March 18, 2015
In a period of surging optimism for our industry, it’s easy to forget that historically most of the therapeutic projects we undertake don’t make it to the market (see the data here if you absolutely have to remind yourself of
Public Pool Or Private Beach
February 23, 2015
Three years ago, I was walking across One Kendall Square in pursuit of a late lunch and bumped into a friend – another biotech CEO. I was a year into my role as CEO of Idenix, a publicly traded biotech
Learnings From a Reluctant Entrepreneur
February 11, 2015
I am a scientist by vocation and training and an entrepreneur by accident. I got into the business of starting companies when I decided almost a decade ago that I wanted to work on a new crazy therapeutic modality and the
Company Culture: Continuation On A LifeSciVC Theme
December 11, 2014
This blog was written by Jeff Hatfield, CEO of Vitae Pharmaceuticals, as part of the “From the Trenches” feature of LifeSciVC. Over the past two weeks in LifeSciVC, I read with great interest and appreciation the blogs of two friends of
Riding The Biotech Roller Coaster Like A Pro: Some Observations
December 1, 2014
This blog was written by Ankit Mahadevia, Atlas EIR and c0-founder of Spero and Rodin Therapeutics, as part of the “From the Trenches” feature of LifeSciVC. As startup folks we are great at keeping our heads down and looking ahead; this
It’s the People, Stupid: Building and Maintaining a High Performance Corporate Culture
November 25, 2014
Building a performance based corporate culture is a key aspect of the biotech innovation business. It can be easy to overlook this facet of company building as one focuses on determining the robustness of the new technology, refining your business
Talent: The Biggest Issue In Biotech Boardrooms Today
September 25, 2014
As with everything in life, it’s always about the people. Bet the jockey, not the horse. Great entrepreneurs and C-level executives are very hard to come by in R&D-intensive biotech companies, and its probably one of the biggest bottlenecks in