Founders in the life sciences inevitably reach a point where they must consider how to execute a complex product development phase. This could occur early or later in the development process, and each choice can affect the timing and requirements for later stages....
Product Development
Four Points of Startup Readiness
I speak with many startup founders every week. Most work in drugs, medical devices, diagnostic tests, or digital health tools. Because I live in the Northwest US and I’m a faculty member for Washington State University, I also speak with quite a few developing...
Are Your Financials Ready for a Series Raise? Interviews with the Experts
In my consulting practice, I meet with experts in various aspects of startup strategy and operations. One area that occupies a significant amount of time for founders is preparing for a series raise. You’ll need increasingly robust financial documentation when taking...
Non-dilutive Funding in a Nutshell
As a startup founder, you have at least seven sources of non-dilutive funding to consider: Bootstrapping - funding from your own pocket Friends and family – cash from those who know and love you Grants – from government or nonprofit foundations Debt financing – which...
What Is Non-Dilutive Funding? Part 1
We receive lots of questions about how to start a company to commercialize a new therapy. Many of those questions are about money. Props to #JessieJ, but most of us will need some money to make the world dance with our great idea. Now that I’ve put that little tune...
Podcast: How Katrina Rogers is Slashing Costs & Time in Life Sciences Innovation
In my recent appearance on Life Science Success, I shared my journey of over 25 years in life sciences and my passion for transforming drug development. As an ASQ-certified professional, I’ve focused on reducing costs and speeding up timelines to bring therapies to...
Starting Up? 3 Must-Know Tips for Life Science Founders
Starting up in the life sciences? Here are three must-know tips before you launch! Tip 1: The development of a medical product can be lengthy. Timelines from idea to commercial sales can be 6-13 years. You’ll need to adopt the long view for success. Tip 2: The founder...
Making a New Medicine Part 4: What Happens After Approval?
The discovery and development of a new medicine is a complex and lengthy process. Many founders begin their search for a new therapy without understanding these details. In my experience, most of the public views drug development as “the news reports that scientists...