Whether you are heading off to the beach this summer or relaxing at home, this quieter period is a good time to step back and assess your business. Where do you want your biotech startup to be in a year’s time? Do you have a great product but are not sure how to commmercialise it? How do you move from the lab to the marketplace?
New biotechs and small pharma companies find it hard to take their products from discovery to market because of a lack of capital and early-stage expertise. Dr Malcolm Barratt-Johnson, PharmaMedic Consultancy’s Managing Director, says the traditional routes do not work and offers a plan to help innovators move their products forward.
The UK’s BioIndustry Association (BIA) and Clarivate have published their latest report into biotech financing for the period December 2022 to February 2023.
Tech and life science start-ups in the UK affected by the failure of the US-based Silicon Valley Bank have been saved by HSBC’s purchase of its subsidiary, Silicon Valley Bank UK.
