Biotechs

Biotechs are typically highly focused on either products / assets or a technology platform, often with very few staff and significant outsourcing / partnering activity.

Typical Biotech Profile

  • R&D spend of less than €10million per year.
  • Spun out from University or pharma company.
  • Privately funded by venture capital or publicly listed.
  • Goal is to survive and move products to value inflexion point for exit sale or IPO.

Common Challenges     

  • Manage liquidity-related pressures to cut costs and accelerate timelines.
  • Manage scientific risks of novel and often unproven targets / technologies.
  • Manage relationships with co-development and CRO partners.
  • Fund drug development and commercialisation.

NovaSecta Engagement

  • Scout and introduce investors, MidPharma, and Big Pharma partners.
  • Conduct project / product valuations.
  • Prepare business cases.
  • Support negotiations with potential partners and investors.