Innovate, Fund, Thrive The Entrepreneur's Playbook to VC Fundraising in Life Sciences.
Entrepreneurs in life sciences face a unique set of challenges when raising funds. These encompass fundamental issues like navigating R&D risks and crafting a robust commercialization strategy, extending to more challenging hurdles like adeptly handling intellectual property issues, overseeing t...
Saved in:
| Main Author | |
|---|---|
| Other Authors | |
| Format | Electronic eBook |
| Language | English |
| Published |
Milton :
Productivity Press,
2024.
|
| Subjects | |
| Online Access | Full text |
| ISBN | 9781003835400 1003835406 9781003381976 1003381979 9781003835394 1003835392 |
| Physical Description | 1 online resource (226 p.) |
Cover
Table of Contents:
- Cover
- Half Title
- Title Page
- Copyright Page
- Contents
- Preface
- About the Authors
- 1. Overview of the Entrepreneur's Journey
- 2. Basics of Market Research
- 2.1. Basic Market Research Concepts
- 2.1.1. Primary and Secondary Market Research
- 2.1.2. Quantitative and Qualitative Data
- 2.1.3. "Miles Wide" versus "Deep Dives" Research
- 2.1.4. Types of Market Research
- 2.2. Preparing Your Market Research Plan
- 2.3. Collecting Data
- Primary Research
- 2.3.1. Data Collection Methods
- 2.4. Secondary Research
- 2.4.1. Active Secondary Research
- 2.4.2. Passive Secondary Research
- 2.4.3. Internal Secondary Data
- 2.5. A Few Words on Ethics and Market Research
- 3. Basics of a Product-Market Fit
- 3.1. Getting Your Data
- 3.1.1. Conducting Conversations
- 3.1.2. Collecting Online Reviews
- 3.1.3. Organizing Online Surveys
- 3.2. Evaluating PMF
- 3.3. The Final Word
- 4. Basics of Intellectual Property Strategy
- 4.1. The IP Portfolio
- 4.1.1. Patents
- 4.1.2. Trademarks
- 4.1.3. Copyrights
- 4.1.4. Trade Secrets
- 4.2. Activities That Enhance the Value of Your IP Portfolio
- 4.2.1. Patentability Assessment
- 4.2.2. Freedom to Operate Search
- 4.3. Theranos and the Limits of the IP Portfolio
- 4.4. Final Thoughts
- 5. Developing a Customer-Centric Approach
- 5.1. Introduction to the Healthcare Ecosystem
- 5.1.1. Overview of the Healthcare Ecosystem
- 5.1.2. A Transforming Healthcare Ecosystem
- 5.2. Different Ecosystems, Different Payer Models
- 5.2.1. Single-Payer Healthcare
- 5.2.2. The Social Insurance Model
- 5.2.3. National Health Insurance Model
- 5.2.4. The Out-of-Pocket Model
- 5.2.5. Standing on Its Own: The United States
- 5.3. Correctly Identifying Your Client
- 5.3.1. Building Customer Profiles
- 5.4. Developing a Customer-Centric Approach
- 5.5. Closing Words
- 6. Developing Your Business Model
- 6.1. The Commercialization Model
- 6.1.1. Classic Models: The B2B and B2C Models
- 6.1.2. Eschewing the Private Sector: The B2G Model
- 6.1.3. Evolution in Digital Health: The B2C2B Model
- 6.1.4. Using Companies to Reach Individuals: The B2B2C Model
- 6.1.5. One Product, Multiple Models
- 6.2. Revenue Model
- 6.2.1. The Transactional Model
- 6.2.2. Membership/Subscription Fee
- 6.2.3. Pay-per-Use Model
- 6.2.4. Freemium Model
- 6.2.5. Licensing Model
- 6.3. Corporate Strategy
- 6.3.1. Fully Integrated Model
- 6.3.2. The Virtual Model
- 6.3.3. The Research Model
- 6.3.4. The Platform Model
- 6.3.5. The No Research Development Only Model
- 6.3.6. Other Specialized Models
- 6.3.7. A Few Words on How to Select Your Model
- 6.4. Planning VCs Exit
- 6.5. Bringing It All Together, an Example of a Hypothetical Company
- 7. Preparing Your Pitch
- The Presentation Deck
- 7.1. Presenting Quantitative Data
- 7.1.1. Transforming Quantitative Data into a Graphic
- 7.1.2. Building a Graph
- 7.1.3. Decision Tree Modeling