Unlocking The Promise Of Biotech Startups

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As an early stage biotech investor, the future of the industry and its structure are clearly important things to think about – especially since most of the drug programs our new startups are working on won’t get launched, if they are the rare success, until well into the 2020’s. A few recent experiences and observations prompted some deeper thinking, in particular around the Startup vs. Big Firm dichotomy and its implications. I’ve boiled these down into three themes.

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