April 18, 2019 So you want to start a life sciences company? Credits to: Mark Spiecker, STAQ and Larry Blankenship, Evergreen Research
Introduction • Denver Native • University of Denver Alum • Arthur Andersen / AT&T / Adelphia / Clear Channel • Then, something happened: • Sharklet Technologies (+++) • Clearsight Technologies (+) • BioAMPS (anti-microbial peptide) (-) • RevGen Partners (+++) • STAQ Pharma (+++++++) T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 2 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
Should I? Why Life Sciences: • Impact the something people care deeply about • Lead in technological change (Gene Therapy, Biologics, Regenerate) • Set the Culture- Hire the right team – Change the world • Build a company T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 3 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
Should I? Then: • Self Delegation • Time, Money, Competitors are more than just powerpoint bullets • A series of near death experiences begins T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 4 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
Should I? Then: But you're gonna have to serve somebody, yes • Investors (unless you are self funded) Indeed you're gonna have to serve somebody • Board of Directors (unless self funded) Bob Dylan • Patients (always) • Regulatory Groups (always) • Employees (always) T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 5 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
YES!!! American Legacy Maverick • Entrepreneur/ Backbone • If big business got everything right, small business would not exist • USA leads world in Life Sciences • We are at the dawn of several critical new technologies lead by people like you!!!! No, then No, then No, then No…..then YES!!! T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 6 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
Who Cares? AND…. Surprisingly, a wide variation of answers: • • Hopefully, not just you What entity will pay for this? • “Cares” and “Cares enough to pay for it” are two very different things • What will it cost to make? What will it cost to prove it? NTSB • What is my path to prove A crash due to voice or text use it? occurs every 24 seconds in the US • What is its value? You can block mobile device signals while driving with a device installed in the car for about $180. T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 7 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
Success v Failure? • Know your regulatory strategy inside and out and be prepare for it to change • Plan, desire, goal set….but do not set hard and fast expectations for results • Remember WHY you are doing this • You must have the WILL to prepare and improve your chances each and everyday • WILL IT!!! DO IT!!! • And In the end…. T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 8 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
End • It is an easy decision and it is worth it. T his information is confidential and was prepared by ST AQ P harma, Inc. solely for internal purposes; it is not to be relied o n b y any 3rd party without ST AQ’s prior written consent. 9 P lease note that this presentation is a set of planned and estimated results and no assurance can be given that these results can be or will be achieved.
Recommend
More recommend
