Gain access to biotech venture capital as efficiently as possible by doing the right things from the beginning of your fundraising. This book includes a collection of improvements that will increase your rate of success on receiving capital without loosing your shirt in the process. From how to make the biotech investor listen to you to the reasons deals get killed and everything in between, including a wealth of appendix material that guides readers through the basic slides of a presentation, the ins and outs of term sheets, key terms and more, this book is a must-read for anyone in need of funding.
Topics covered include:
- which business plans fail and why
- understanding the interests of the investor
- planning for solvency and liquidity
- knowing and minimizing product risk
- the value of a scientific advisory board
- important points around patents
- questions frequently posed by investors
- questions to extend to biotech investors
- what constitutes a good biotech deal
- when is a bad time to try and close one
- how to close your presentation, the deal and each round successfully and more
