Start up to IPO Services
Start-up
biotech and healthcare companies have a high rate of failure. The
route from innovative scientific idea/concept (be it from academic
spin-out or private entrepreneur) to market is filled with
scientific, regulatory and funding hurdles. Good science protected
by know-how/patents needs to be translated into useful
products/services addressing large, growing markets with a clear
business model for commercialisation. It is critical that the right
proof of principle data is obtained before significant investment is
committed to technology platform/product development. The venture
needs to attract a stream of development capital inflows and sound
business management experience/expertise to optimise the chances of
success. The bursting of the ‘bubble of 2000’ has ushered in a
difficult capital market environment for start-ups. Investors are
now much more selective preferring to back late-stage
pipelines/products with defined profitability and viable exit
pathways. However the rewards for start-up success can be
significant. 16 of the top 20 blockbuster drugs are coming off
patent in the next three years. Product pipelines need to be
filled. It has also become clear that biologics have a much higher
success rate in trials than new chemical entities. The development
of new technologies is boosting diagnostics applications in early
disease detection, individual risk stratification and therapy
selection/monitoring enhancing market growth. Though challenging and
competitive the right opportunity will get funded. Also the
environment is there for strategic alliances, mergers and
acquisitions.
JasTech is skilled at advising and assisting start-ups operating in this challenging environment. Our approach is to deliver a solution tailored to the clients specific requirements with respect to technology, product, process, funding and markets.
Our package of start-up services includes:
·
Conducting
scientific and commercial due diligence
· Conducting patent/know-how audits and patent portfolio analysis/management
· Strategic planning and strategy development
· Developing complete Business plans, investor summaries and presentations
· Fund raising through angel networks, venture capitalists, bank loans, equipment financing and leasing.
· Assistance with public market listing activities/documents for OFEX and AIM
· In and out licensing activities including partner selection and deal negotiation/ implementation.
· Setting up scientific/commercial collaborations and research sponsorships.
· Marketing support from market evaluation, market research, market planning, product development, product positioning, new product launch, pricing, channel development, distributor/field force training, marketing literature, advertising, branding, trademarks, copyrights, exhibitions and PR activities.
· Managing technology transfers
· Recruiting and conducting expert technical and commercial focus group research on specific issues for example product validation strategy, market application focus etc
· Recruiting and running scientific and commercial advisory boards
· Meetings and event management including organising and running scientific/commercial symposia at local, regional, national or international level.
· Developing and running training programs for customers, employees or other stakeholders
· Negotiating and managing mergers, acquisitions and divestments
· Providing interim management support
· Providing operational management support
· Project management support
Please contact us for more information on how we could assist you.