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Fundraising Guide for Bio Tech Startups

For most ordinary startups, funding is rarely an obstacle to a good business idea. However, biotechnology is different for a number of reasons.

First of all, unlike consumer product companies or even a software company developing a new platform, proof of concept and prototyping costs are extremely high in biotechnology. Even the initial R&D requires access to laboratories, industrial machinery, chemical components etc. Furthermore, costs for highly experienced and trained team members come at a premium. In general, start-up capital comprises a large percentage of the overall investment.

Another requirement for funding is extensive due diligence. The specifics of biotechnology start-ups lie in the fact that much of the value of your company will be in intangible assets (intellectual property), which are difficult to value and prove initially.

Read the full publication here.

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