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How to Start a Life Science Company

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Length: 324 pages3 hours

Summary

This comprehensive guide takes first-time entrepreneurs through every step of founding a life science company. It covers all the business basics that we aren't taught in science and engineering courses.

This book is based on interviews with hundreds of life science entrepreneurs and offers a blueprint of how a clinician, scientist, engineer or student could found a successful life science company. It runs through how to decide whether your science can be commercialized, intellectual property protection, regulatory hurdles, how to find the right co-founders, how and when to incorporate, how to write product development, marketing and business plans, and how to pitch your startup to investors.

If you want to found a biotech, medtech, digital health or healthcare company, this book will give you the basics you need and give you templates on how to structure your company, write your product development plan, marketing plan and pitch deck. It also contains a glossary of the basic business terms you will need to know to speak with investors, mentors and advisors.

Founding a life science company gives you the chance to change the health and lives of millions of people around the world. This sort of dream is why many of us studied science or medicine in the first place. 

First-time entrepreneurs have a steep learning curve. It takes an exorbitant amount of hard work to found and run a company. It is a rollercoaster ride, with exhilarating highs and devastating lows. You have to convince yourself and the world that you are creating something of value, a product or service that will solve a big problem. But for natural entrepreneurs, the challenges that come with starting a company are thrilling. Every day is different. Every day you are solving problems, meeting goals and climbing the mountain towards first revenue or a successful exit.

This book was written to make that climb a little easier.

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