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15 TH ANNUAL BIOTECHNOLOGY ENTREPRENEURSHIP BOOT CAMP SUNDAY JUNE 2 ND & MONDAY JUNE 3 RD PHILADELPHIA CONVENTION CENTER 1
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12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

Jul 24, 2020

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Page 1: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

15TH ANNUAL BIOTECHNOLOGY ENTREPRENEURSHIP BOOT CAMP

SUNDAY JUNE 2ND & MONDAY JUNE 3RD

PHILADELPHIA CONVENTION CENTER

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Page 2: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

Aligning Objectives & ConcernsCustomer = Investor = Acquirer

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Page 3: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

A poorly planned and ill-provisioned journey probability of failure

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Page 4: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY

ADDRESS THE BUSINESS PLAN INGREDIENTS USING THE BIO TOOLBOX:

• INTELLECTUAL PROPERTY STRATEGY

• REIMBURSEMENT AND PRICING STRATEGY

• REGULATION AND CLINICAL STRATEGY

• PLANNING THE MARKETING AND R&D INTERFACE AND IP PYRAMID

• CAPITALIZATION OF THE VENTURE THROUGH PARTNERING AND VENTURE CAPITAL

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Page 5: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

INGREDIENT SKILLS ARE FOLLOWED BY MORE COMPLEX RELATIONSHIPS TO BUILD REPUTATION

• BUILDING THE ENTREPRENEURIAL TEAM

• CREATING A PITCH THAT INDUCES EXCITEMENT

• WORKING WITH THE MEDIA

• LEARNING TO LICENSE & PARTNER

• FORMING STRATEGIC ALLIANCE

• CORPORATE GOVERNANCE

• WORKING WITH A BOARD

• DUE DILIGENCE SUPPORT YOUR STORY

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Page 6: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

OUR CEO’S EXPRESS THE DECISIONS REQUIRED AT DIFFERING PHASES OF THE JOURNEY

SEED TO EARLY-STAGE & BEYOND• S. NICHTBERGER – CABALETTA BIO

• J. GIBSON – ARIEL PRECISION MEDICINE

• J. MARRAZZO – SPARK THERAPEUTICS

FOUNDING TO SEED• D. CULLEN – INNERVACE

• M. NARAYANAN – PEPVAX

• M. NELSON – INTROMMUNE THERAPEUTICS

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Page 7: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

OUR PANELS ADVISED CEO’S TO MATCH VALUE EXPRESSION TO CONSTITUENT NEEDS

FEEDBACK VIEWS

• W. DICICCO – BOARD ADVANTAGE

• S. FERGUSON – NIH

• J. FOLEY – AQUA PARTNERS

• D. GROSS – PA DRUG INSTITUTE

• K. DOYLE– SAUL EWING

• M. GUNN – NPR

• T. JAMBULINGHAM – ST JOSEPH’S UNIVERSITY

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• J. JORDAN – CMU

• V. LEE – AQUA PARTNERS

• D. SMITH – PEPPER HAMILTON

• R. MILLER – PEPPER HAMILTON

• H. SAFFERSTEIN – COGNITIION

• D. LIN – BIOLOGICS CONSULTING

• R. WANERMAN - EPSTEIN BECKER & GREEN

• W. WU – BOE VENTURES

Page 8: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

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Planning & Navigational Tools To risk $

Complex Relationships to Build Reputation

Real-world CEO’s Share Gray Space Decisions

VENTURE CAPITAL IS AN INSTITUTIONALIZED SEARCH FOR OUTLIERS – KIM KAMDAR

Page 9: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

THANKS TO OUR SPONSOR

• PEPPER HAMILTON, LP

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Page 10: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

THE BOOT CAMP ORGANIZING TEAM

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Page 11: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

ACCESSING THE MATERIALS

• WWW.BOOTCAMP.BIO

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Page 12: 12th Annual Biotechnology Entrepreneurship Boot …...journey probability of failure 3 DETERMINE IF THE TECHNOLOGY IS A PROJECT, PRODUCT OR COMPANY ADDRESS THE BUSINESS PLAN …

TIME FOR OUR KEYNOTE SPEAKER

• JEFFREY D. MARRAZZO, MBA, MPA• CHIEF EXECUTIVE OFFICE, SPARK THERAPEUTICS, INC.

• INTRODUCED BY KATHRYN DOYLE, PHD, JD• PARTNER, SAUL EWING ARNSTEIN & LEHR

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