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Biotechnology Entrepreneurship: Starting, Managing, and Leading Biotech Companies
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About the Author
Dr. Craig Shimasaki is a scientist, businessperson, and serial entrepreneur, with over 30 years of biotechnology industry experience starting his career at Genentech. He co-founded four companies and also teaches biotechnology entrepreneurship at the University of Oklahoma. His desire is to teach and train future entrepreneurial leaders how to be successful.
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Product details
Hardcover: 488 pages
Publisher: Academic Press; 1 edition (May 12, 2014)
Language: English
ISBN-10: 0124047300
ISBN-13: 978-0124047303
Product Dimensions:
10 x 1 x 12 inches
Shipping Weight: 2.2 pounds (View shipping rates and policies)
Average Customer Review:
3.7 out of 5 stars
10 customer reviews
Amazon Best Sellers Rank:
#682,073 in Books (See Top 100 in Books)
As a biotechnology Finance Manager / MBA who has been actively living in the start-up environment for more years than I care to mention, I was looking for a book on the industry that would broaden my knowledge of the field. Although I have only made it through the first three chapters, I would say the book has already proven to be a sound investment. G. Steven Burrill's chapter called "The Biotechnology Industry : An Engine of Innovation" was some of the most eye opening reading material I have read in a number of years. Dr. Shimasaki did an excellent job of putting the content of this book together and I would highly recommend it to others. In regards to the comment on the book quality, it seems like a normal book to me without any major flaws, but I am more interested in what I learn from a book than the binding (half of it is already highlighted anyway).
One of the best biotech entrepreneurship books I have ever read! Craig did a great job laying out the roadmap to success for biotech entrepreneurs. The book covers various segments in the biotech industry from pharma, medical device to diagnostics, so if you plan to start a business in any of the segments, you are likely going to benefit tremendously from this book. The book also provides great insight into key aspects of a biotech venture including technology license, product development, IP strategy, market development, sales and channel strategy, business plan writing, and financing. It essentially covers everything you need to know to start and manage the growth of a biotech startup. It also help you avoid potential pitfalls along the way. Whether you are a first-time or serial biotech entrepreneur, I am certain you will find the content beneficial to your endeavor.
In 2015, I was brought in to help turn around a troubled biotech company and I was in desperate need of a information to come up to speed quickly. Although I spent 35 years in the high tech arena, including starting several companies, I was a newcomer to the biotech arena. I initially thought the book was a bit pricy, but I could not locate anything else that was as comprehensive, so I purchased it anyway. My conclusion, having read it twice, is that it is worth several times the price paid. I could not imagine anyone doing a better job in explaining the nuances of this industry in a way that is clear, organized and comprehensible to someone with absolutely zero prior biotech experience. It essentially became my go-to manual for how to manage the company.Craig's book saved an enormous amount of time in a variety of topics specific to only this industry including the pre-clinical development cycle, Phase 1,2,3 clinical trials, regulatory concerns, reimbursement issues, business development strategies, licensing norms for academic funded research, Bayh-Dole, and many more. The book does not stop at the conceptual level, but rather gives specific quantitative guidance for typical ranges to expect in negotiations. This was particularly important in negotiating with the university tech transfer office, for example, so that I knew the definition of a fair deal going in.With significant startup experience, I did not expect to gather much insight from his discussion in areas that I already was familiar, but I was wrong. The book covers every aspect of what is needed to start a company and raise money, which is "where the rubber meets the road" in the startup world. Again, the biotech space affords funding options not available in other tech environments such as SBIR assistance and other grants. He covers all the bases in real business terms which are practical and chock full with metrics and guidelines. Haven written many business plans in the past, I wrote the first business plan without referring to his chapter on that topic. After I completed the plan, I read that chapter and concluded that it would be much better using his format and outline. So I rewrote the entire plan using Craig's format.I had the privilege of speaking with Craig on a consulting level and I can also report that he is a good man and quite willing to help. In summary, purchasing this book was the best investment I have made in many years. Thank you Craig for helping the hopeless (which is where I was without your book)!
We live in an era where the effects of "Industry 4.0" has allowed us the ability to democratize experiments. Biotechnology entrepreneurship is not for the faint of heart and Dr. Shimasaki's book does an excellent job providing insight on the nuances of creating a biotech start-up, the continuous management and mitigation of risks involved, and different business models that could give a entrepreneur the best chance for success.
I received the book with the back cover falling off and the front cover having multiple tears on it. I didn't return it because I needed the book for the start of class.Update: I was charged an additional $50 on top of the $40 cost for the rental for the quality of the book. This was no fault of my own and I am extremely displeased with this order.
Very helpfull book to learn about start-ups related with biotechnology.Este libro es de gran ayuda para comprender todo el proceso del emprendimiento dentro de la industria de la biotecnologia.
The most comprehensive book on biotech entrepreneurship in the market.
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