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So You Want to Work in Biotech? Then Start a Company. Euan Ramsay and James Taylor Precision NanoSystems Inc. SBN - Start Biotech Now. Start a Biotech. Why you should start a biotech? How can you start a biotech? Case study – Precision NanoSystems. Why?. Societal Need. Food. Healthcare.
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So You Want to Work in Biotech?Then Start a Company • Euan Ramsay and James Taylor • Precision NanoSystems Inc.
Start a Biotech • Why you should start a biotech? • How can you start a biotech? • Case study – Precision NanoSystems
Societal Need Food Healthcare Environment Climate
Start Biotech Now • Societal need • Technical skills • Absence of opportunity • Resources galore • Training unparalleled
First steps • Find a entrepreneurial co-founder • Find an academic co-founder • Engage the technology transfer office • Leverage local resources
Leverage Start-up R&D Infrastructure - Product development “Leverage” Start-up Technical Expertise - Scientific Advisory Board Commercialization Resources - Business Development Non-Dilutive Funding - Financing http://blogs.nature.com/trade_secrets/2011/06/09/the-leverage-start-up-model
Start-up services voucher ($5K) • Mentors (ER) • Seminars • testing • finance • IP • Contracts • Mentors • Seminars $47K $30K • Mentors (JT) • Seminars Jan 10 Sep 10 Jan 11 Apr 11 Sep 11 - Concept - PNI incorporated - license - partnership - NVBC finalist Team grant - $2.5M TDIF grant - $50K I2I grant - $125K
Acknowledgements Team • Pieter Cullis • Carl Hansen • Dan Nixon • Steve Fane • Nathan Belliveau • Andre Wild • Tim leaver • Jens Huft • Chen Wan • Igor Jigaltsev • Cullis/Hansen labs Partners • UBC UILO • Ian Bell • Mario Kasapi • Joshua Eades • Brad Wheeler • Lynsey Huxham • NRC-IRAP • Graham North • Paul Barran • Genome BC • Richard Howlett • Gabe Kalmar • Alnylam Pharmaceuticals • Akin Akinc • Hila Epstein-Barash • Research organizations • UBC • Prostate Centre • BC Cancer Agency Mentors • BC Excels • Alexei Marko • Shaun Foy • Barry Allen • Paul Geyer • + other mentors • NVBC • Andrew Booth • David Dunnison • Kevin James • Scott Phillips • + jury Companies • LightIntegra Technology • Elizabeth Maurer • Boreal Genomics • Andre Marziali
SBN - Start Biotech Now Nature Trade Secrets blog blogs.nature.com/trade_secrets/ Biotech Start biotechstart.org James email – jtaylor@precision-nano.com blog – persistentchange.com twitter – jtbiotech Euan email – eramsay@precision-nano.com blog – scideation.org twitter – euanramsay