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The Companies by Donald L. Drakeman; Lisa N. Drakeman; Nektarios Oraiopoulos is a book available to read on EtoBox.
What is The Companies about?
This chapter focuses on how biotechnology companies are founded and the process by which they raise funds. Developing new pharmaceutical products is incredibly expensive, so the search for a continuing supply of cash resources has been an essential component of the biotech industry. The chapter looks at the primary ways that these two critical biotech industry components—molecules and money—manage to get together. Since many of the molecules have their origins in government grant-funded research, this chapter will follow the ownership of that technology as it goes through the technology transfer process and thus moves from universities and other not-for-profit research organizations into for-profit companies that have the potential to attract investors. The chapter then describes the capital-raising process through various venture capital stages and ultimately, for some companies, an initial public offering of stock.
- Author
- Donald L. Drakeman; Lisa N. Drakeman; Nektarios Oraiopoulos
- Publisher
- Oxford University Press
- Published
- 2022
- Language
- EN
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