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While we featured the previous issue of Biotecnika magazine as “Start-up special” and received gratifying reviews on the stories covered such as on biotech-investors relation and that of a bioinformatics start-up company, we also received feedback from our ardent readers about a feature “How to start a biotech company” being amiss. So here we are presenting you with the dos and don’ts of starting a biotech business.
As the name ‘business’ is uttered, it sends out jitters to the core of our nerve as to how to go about it. Whether my idea is worth a deal, will it sell to the customers, if investors would stake their currencies on it, the land availability, environment clearances, manpower and what not… The list of nerve crackling worries are many and when the idea is to start a ‘Biotech business’, somehow the worries tend to multiply exponentially. All the anguish, anxiety, apprehensions on one side and the desire to grow the business, reach out to those millions of people and acquaint them with a service worthwhile on the other side- the weightage of these two sides may go hay way quite often, only the ‘will’ to go ahead can pervade fears of failure. Talking about fears, is the mist around starting up a biotech company far more a hype than a reality?
Read More in Biotecnika Magazine- July 2015 edition
Shekhar Suman is a Serial Entrepreneur and the Co-Founder of Biotecnika. Magazine is a way he wants to recraft the way industry opines and expresses its views. With years of experience under his belt, he captains the ship with prudence and perfection. He is the chief-editor of Biotecnika Magazine and a big inspiration to the bio-community.
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