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Reducing Costs and Accelerating Innovation in Biotech Startups

Operating a biotech startup has presented increased difficulty and risk to entrepreneurs over the past decade. The costs of development for biotech startups have grown so much as to become a barrier to entry. Up-front capital costs for equipment now range from $200,000 for a scanning electron microscope to $740,000 for an Illumina next-generation sequencing platform (Wall Street Journal, 2012). It is in turn quite cost-prohibitive to establish in-house research platforms on basic startup funding.

Funding Sources for Startups

Bringing a product or service to market requires an intense amount of capital. Here are several funding options for entrepreneurs and startups.

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Tools and Presentations

iconEvolving Financial Models in Medtech and Biotech

iconMedical Device Funding

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Venture Deals Venture Deals Puts this discipline in perspective and lays out the strategies that allow entrepreneurs to excel in their start-up companies. Page by page, this book discusses all facets of the venture capital fundraising process.

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