Is it time to leave the incubator? For biotech and other startups outgrowing their lab space, renting or building a first laboratory facility is a huge leap. Big costs and key challenges face these growing companies: First is making the most of available funding. A close second is creating a place investors or prospective customers can visit and get a feel for the company’s process and prospects. Third, startups need to plan an exit strategy – in most cases, even before they move in to that first lab.
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