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Lessons learnt and Strategies developed for five Biotech & Life Sciences clients.

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Lessons learnt and Strategies developed for five Biotech & Life Sciences clients.

  1. 1. Lessons learnt and Strategies developed for five Biotech & Life Sciences clients. by: Asimwe Raymond Managing Partner, Bytelex Advocates.
  2. 2. Challenge Solution/Strategy Access to Capital Starting lean and focusing on research grant funding. Regulatory Approvals Education to create awareness of the relevant approvals and cultivating reliable government relationships. Human Resources Over time companies out-grow their core team. Timely and intensive hiring of highly skilled personnel may be required. Rapid global operations/scaling Often times there is immense demand for the product/service. Companies need to identify trusted third-party service providers that will oversee legal, accounting and finance. Few exit options Alternative exit strategies such as developing joint ventures to develop innovations further.

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