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The Business of Bioscience

What goes into making a Biotechnology Product

  • Book
  • © 2009

Overview

Authors:
  1. Craig D. Shimasaki

    1. InterGenetics Incorporated, Edmond, U.S.A.

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Table of contents (17 chapters)

  1. Front Matter

    Pages i-xxiv
    Download chapter PDF

  2. Introduction

    • Craig D. Shimasaki
    Pages 1-7

  3. What Makes a Biotech Entrepreneur?

    • Craig D. Shimasaki
    Pages 9-26

  4. Start with the Idea: Licensing and Protecting Core Assets

    • Craig D. Shimasaki
    Pages 27-41

  5. Significance of the Right Business Model and Managing Risk

    • Craig D. Shimasaki
    Pages 43-52

  6. Legally Establishing the Company

    • Craig D. Shimasaki
    Pages 53-71

  7. The Product Development Pathway: Charting the Right Course

    • Craig D. Shimasaki
    Pages 73-93

  8. Developing a Marketing Strategy

    • Craig D. Shimasaki
    Pages 95-116

  9. Financing Your Company – Part 1: Raising Money, Capital Needs, and Funding Sources

    • Craig D. Shimasaki
    Pages 117-145

  10. Financing the Company – Part 2: Funding Stages, Valuation, and Funding Tools

    • Craig D. Shimasaki
    Pages 147-170

  11. Corporate Culture and Core Values in a Biotech Company

    • Craig D. Shimasaki
    Pages 171-178

  12. Hiring a Biotech Dream Team

    • Craig D. Shimasaki
    Pages 179-195

  13. Strategic Alliances and Corporate Partnerships

    • Craig D. Shimasaki
    Pages 197-204

  14. The Regulatory Process for Biotech Products

    • Craig D. Shimasaki
    Pages 205-221

  15. Company Life Stages and Changing Management Styles

    • Craig D. Shimasaki
    Pages 223-232

  16. When Do You Call it Quits?

    • Craig D. Shimasaki
    Pages 233-238

  17. Conclusions and Serendipity

    • Craig D. Shimasaki
    Pages 239-242

  18. Practical Help: How to get Started?

    • Craig D. Shimasaki
    Pages 243-247

  19. Back Matter

    Pages 249-269
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Keywords

About this book

My journey into this fascinating field of biotechnology started about 26 years ago at a small biotechnology company in South San Francisco called Genentech. I was very fortunate to work for the company that begat the biotech industry during its formative years. This experience established a solid foundation from which I could grow in both the science and business of biotechnology. After my fourth year of working on Oyster Point Boulevard, a close friend and colleague left Genentech to join a start-up biotechnology company. Later, he approached me to leave and join him in of all places – Oklahoma. He persisted for at least a year before I seriously considered his proposal. After listening to their plans, the opportunity suddenly became more and more intriguing. Finally, I took the plunge and joined this ent- preneurial team in cofounding and growing a start-up biotechnology company. Making that fateful decision to leave the security of a larger company was extremely difficult, but it turned out to be the beginning of an entrepreneurial career that forever changed how I viewed the biotechnology industry. Since that time, I have been fortunate to have cofounded two other biotechnology com- nies and even participated in taking one of them public. During my career in these start-ups, I held a variety of positions, from directing the science, operations, regulatory, and marketing components, to subsequently becoming CEO.

Authors and Affiliations

  • InterGenetics Incorporated, Edmond, U.S.A.

    Craig D. Shimasaki

About the author

Dr. Shimasaki has over 25 years of practical experience in the biotechnology industry and as a serial entrepreneur co-founded three biotech companies. Within these companies he has held a variety of positions, including Director of Project Planning, Executive VP of Research, VP of Operations, Chief Operating Officer, and CEO. He has raised multiple rounds of capital, both private and public and has been involved in most every facet of a biotech start-up. He is intimately familiar with the challenges of product development, and led international clinical testing and regulatory approval processes for multiple products through the FDA. He is an inventor of numerous patents for both diagnostic and therapeutic applications. His passion is for the establishment and growth of biotechnology companies focused on developing life-saving products that significantly impact the health and well being of others. He has written this book to provide insight into the inner workings ofbiotech product development and the practice of starting and building a biotech business. His desires is to share his experiences in the dynamic business of bioscience to help others gain wisdom so they can better manage the risks associated in building a biotechnology company. Dr. Shimasaki received his B.S. in Biochemistry from the University of California at Davis and his Ph.D. in Molecular Biology and Biotechnology from the University of Tulsa and his M.B.A. from Northwestern University’s Kellogg School of Business.

Bibliographic Information

  • Book Title: The Business of Bioscience

  • Book Subtitle: What goes into making a Biotechnology Product

  • Authors: Craig D. Shimasaki

  • DOI: https://doi.org/10.1007/978-1-4419-0064-7

  • Publisher: Springer New York, NY

  • eBook Packages: Biomedical and Life Sciences, Biomedical and Life Sciences (R0)

  • Copyright Information: Springer-Verlag New York 2009

  • Hardcover ISBN: 978-1-4419-0063-0

  • Softcover ISBN: 978-1-4899-8320-6

  • eBook ISBN: 978-1-4419-0064-7

  • Edition Number: 1

  • Number of Pages: XXIV, 269

  • Number of Illustrations: 7 b/w illustrations

  • Topics: Pharmacology/Toxicology, Biotechnology, Entrepreneurship

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