Posted On: 08/22/2014 11:58:01 AM
Post# of 30066
It comes down to the science! We have that down in spades!
TLSR: David, based on all that you've seen in your 35 years in and around industry, can you identify the single best characteristic of a company that will become a successful life sciences business?
DL: That's very easy to answer. It's the scientific content. If you have excellent scientific content and you don't mess it up with some kind of goofy management behavior, then I think you can be successful. You want disciplined science, not maverick science. A lot of biotechs end up doing maverick science that just won't translate. The other important piece is to bring on board some development experience and expertise. I'm a great believer in corporate culture being a real important driver; it's probably the most important driver.
TLSR: David, based on all that you've seen in your 35 years in and around industry, can you identify the single best characteristic of a company that will become a successful life sciences business?
DL: That's very easy to answer. It's the scientific content. If you have excellent scientific content and you don't mess it up with some kind of goofy management behavior, then I think you can be successful. You want disciplined science, not maverick science. A lot of biotechs end up doing maverick science that just won't translate. The other important piece is to bring on board some development experience and expertise. I'm a great believer in corporate culture being a real important driver; it's probably the most important driver.
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