SlideShare a Scribd company logo
F E B R U A R Y  2 0 0 7 Commercializing Science: A Venture Capital Perspective R O B E R T  F.  H I G G I N S H A R V A R D  B U S I N E S S  S C H O O L S C I E N C E – B A S E D  B U S I N E S S  S E M I N A R
Overview ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Background
My Background ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Highland Capital Partners
Representative Highland Successes
Highland Healthcare / Life Sciences Team ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Highland Healthcare Focus Areas 42 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],LIFE SCIENCES ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],CURRENT INVESTMENT THEMES MEDICAL DEVICES HEALTHCARE SERVICES ,[object Object],[object Object],[object Object],[object Object],HIGHLAND PHILOSOPHY
Representative Highland Healthcare Investments 42 HEALTHCARE SERVICES LIFE SCIENCES MEDICAL DEVICES
VC Investing Environment
Deal Flow & Equity into VC-Backed Companies Amount Invested ($B) Number of Deals Source: Dow Jones VentureOne/Ernst &Young $25.7 2454 2006
Where are the VC dollars going? Dollars Invested 2006 IT 54% Other 4% Business & Consumer 10% Healthcare 32% Biopharma 57% Healthcare IT/IS 5% Healthcare Services 6% Medical Devices 32% Source: Dow Jones VentureOne/Ernst &Young $25.7 Billion $8.2 Billion
Tech Transfer Environment
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],History
[object Object],[object Object],[object Object],[object Object],[object Object],How Universities Measure Success
0 0.5 1.0 10 5 0 1.5 15 US patents (in ‘000s) filed issued Net license income $B US University Patents & Licensing Trends 93 94 95 96 97 98 99 00 01 02 03 Source: The Economist & Association of University Technology Managers
Milken’s “Top Ten” Rankings Source: The Milken Institute Mind to Market: A Global Analysis of University Biotechnology Transfer and Commercialization, September 2006 By Number of Publications By Number of Patents Issued By Number of Start-ups UCLA 10 Univ of Wash 9 Wash U, St. Louis 8 Johns Hopkins 7 UCSD 6 UPenn 5 UCSF 4 University of London 3 University of Tokyo 2 Harvard University 1 University Rank Penn State University 10 Harvard University 9 Univ of Michigan 8 Univ of Chicago 7 UCSF 6 Univ of Wisconsin 5 Johns Hopkins 4 Stanford 3 MIT 2 CalTech 1 University Rank Univ of Minnesota 10 UPenn 9 USC 8 Univ of Illinois 7 Univ of Michigan 6 Stanford University 5 Georgia Tech 4 Caltech 3 Univ of CA System 2 MIT 1 University Rank
Overall “Top Ten” in Tech Transfer Source: The Milken Institute Mind to Market: A Global Analysis of University Biotechnology Transfer and Commercialization, September 2006 Milken’s “University Technology Transfer & Commercialization Index” 2000 – 2004 *** Harvard University New York University University of Michigan University of British Columbia Brigham Young University University of Minnesota University of Florida Stanford University Caltech University of CA System MIT University 10 18 9 8 7 6 5 4 3 2 1 Rank
Commercializing Scientific Research: The VC View
Evaluating Opportunities: VC Criteria ,[object Object],[object Object],[object Object],[object Object]
People (Founders) ,[object Object],[object Object],[object Object],[object Object]
Market ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technology / Product ,[object Object],[object Object],[object Object],[object Object]
Deal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Case Studies
[object Object],[object Object],[object Object],[object Object],[object Object],P E R V A S I S  T H E R A P E U T I C S $19.9 million A M O U N T  R A I S E D Highland Capital Partners Flagship Ventures Polaris Ventures V C  I N V E S T O R S Bob Langer, MIT Elazer Edelman, Harvard/MIT Jay Vacanti, Harvard/MGH F O U N D E R S
P E R V A S I S  T H E R A P E U T I C S
P E R V A S I S  T H E R A P E U T I C S
P E R V A S I S  T H E R A P E U T I C S Pig
[object Object],[object Object],[object Object],[object Object],[object Object],C O D O N  D E V I C E S $33 million A M O U N T  R A I S E D Highland Capital, Flagship Ventures, Khosla Ventures, Kleiner Perkins, Alloy Ventures V C  I N V E S T O R S George Church, HMS Joe Jacobson & Drew Endy, MIT Jay Keasling, UC Berkeley F O U N D E R S
C O D O N  D E V I C E S
[object Object],[object Object],[object Object],[object Object],[object Object],M A G E N  B I O S C I E N C E S $17.2 million A M O U N T  R A I S E D Highland Capital Partners Venrock Associates TVM Capital V C  I N V E S T O R S David Fisher, Harvard, DFCI Bob Langer, MIT Phil Sharp, MIT, Nobel Laureate F O U N D E R S
M A G E N  B I O S C I E N C E S
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],A V E O  P H A R M A C E U T I C A L S $58 million A M O U N T  R A I S E D Highland, MPM, Flagship, Oxford, Prospect, Venrock, and Greylock, and Merck V C  I N V E S T O R S Ron DiPinho, HMS, DFCI Lynda Chin, HMS, DFCI F O U N D E R S
A V E O  P H A R M A C E U T I C A L S ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],C O N O R  M E D S Y S T E M S $84 million (pre-IPO) A M O U N T  R A I S E D Highland Capital Partners Easton Hunt Capital, Maverick, Radius Ventures  V C  I N V E S T O R S Jeff Shanley, VP Engineering for Purus, Inc. F O U N D E R
Conor’s CoStar Stent C O N O R  M E D S Y S T E M S
P R E D I C T I V E  B I O S C I E N C E S ,[object Object],[object Object],[object Object],[object Object],$10 million A M O U N T  R A I S E D Highland Capital Partners IDG Ventures V C  I N V E S T O R S Marsha Moses and Bruce Zetter, Harvard Medical School & Children’s Hospital F O U N D E R S
Summary
Rules for Success ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
F E B R U A R Y  2 0 0 7 Commercializing Science: A Venture Capital Perspective R O B E R T  F.  H I G G I N S H A R V A R D  B U S I N E S S  S C H O O L S C I E N C E – B A S E D  B U S I N E S S  S E M I N A R

More Related Content

Similar to Commercializing Science - February 2007

Prague lecture
Prague lecturePrague lecture
Prague lecture
Lorraine Warren
 
PBIO Investor Presentation
PBIO Investor PresentationPBIO Investor Presentation
PBIO Investor Presentation
RedChip Companies, Inc.
 
Carol mimura open society july 31, 2010, copy
Carol mimura   open society july 31, 2010,  copyCarol mimura   open society july 31, 2010,  copy
Carol mimura open society july 31, 2010, copy
Open Science Summit
 
Q3 2012 Digital Health Funding Report by @Rock_Health
Q3 2012 Digital Health Funding Report by @Rock_HealthQ3 2012 Digital Health Funding Report by @Rock_Health
Q3 2012 Digital Health Funding Report by @Rock_Health
Rock Health
 
Strand genomics features in CIO review
Strand genomics features in CIO reviewStrand genomics features in CIO review
Strand genomics features in CIO review
Strand Life Sciences Pvt Ltd
 
Canadian Institute of Health Research
Canadian Institute of Health ResearchCanadian Institute of Health Research
Canadian Institute of Health Research
Jennifer Hindorff
 
5th Tumor Models Boston July 2017 Brochure
5th Tumor Models Boston July 2017 Brochure5th Tumor Models Boston July 2017 Brochure
5th Tumor Models Boston July 2017 Brochure
Diane McKenna
 
Guide for the Bioentrepreneur
Guide for the  BioentrepreneurGuide for the  Bioentrepreneur
Guide for the Bioentrepreneur
montse50
 
CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...
CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...
CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...
Jorge Juan Fernández García
 
Realizing the Promise of Precision Medicine
Realizing the Promise of Precision MedicineRealizing the Promise of Precision Medicine
Realizing the Promise of Precision Medicine
Health Catalyst
 
Using Healthcare Data for Research @ The Hyve - Campus Party 2016
Using Healthcare Data for Research @ The Hyve - Campus Party 2016Using Healthcare Data for Research @ The Hyve - Campus Party 2016
Using Healthcare Data for Research @ The Hyve - Campus Party 2016
Kees van Bochove
 
Julie Corfield
Julie CorfieldJulie Corfield
Maya Chaddah, Science Communications
Maya Chaddah, Science CommunicationsMaya Chaddah, Science Communications
Maya Chaddah, Science Communications
Maya Chaddah
 
FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...
TRAIN Central Station
 
H.A.E.Konarowski, Chemrar High-Teck Center
H.A.E.Konarowski, Chemrar High-Teck CenterH.A.E.Konarowski, Chemrar High-Teck Center
H.A.E.Konarowski, Chemrar High-Teck Center
Pharmcluster
 
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th MayPrecision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Tony Couch
 
Medical Device-Polymers & Plastics
Medical Device-Polymers & PlasticsMedical Device-Polymers & Plastics
Medical Device-Polymers & Plastics
InnoPlast Solutions
 
Hst921 Intro 2009 Dec 16
Hst921 Intro 2009 Dec 16Hst921 Intro 2009 Dec 16
Hst921 Intro 2009 Dec 16
slockemd
 
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th MayPrecision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Tony Couch
 
The impact of innovation on the future of IVD
The impact of innovation on the future of IVDThe impact of innovation on the future of IVD
The impact of innovation on the future of IVD
EY
 

Similar to Commercializing Science - February 2007 (20)

Prague lecture
Prague lecturePrague lecture
Prague lecture
 
PBIO Investor Presentation
PBIO Investor PresentationPBIO Investor Presentation
PBIO Investor Presentation
 
Carol mimura open society july 31, 2010, copy
Carol mimura   open society july 31, 2010,  copyCarol mimura   open society july 31, 2010,  copy
Carol mimura open society july 31, 2010, copy
 
Q3 2012 Digital Health Funding Report by @Rock_Health
Q3 2012 Digital Health Funding Report by @Rock_HealthQ3 2012 Digital Health Funding Report by @Rock_Health
Q3 2012 Digital Health Funding Report by @Rock_Health
 
Strand genomics features in CIO review
Strand genomics features in CIO reviewStrand genomics features in CIO review
Strand genomics features in CIO review
 
Canadian Institute of Health Research
Canadian Institute of Health ResearchCanadian Institute of Health Research
Canadian Institute of Health Research
 
5th Tumor Models Boston July 2017 Brochure
5th Tumor Models Boston July 2017 Brochure5th Tumor Models Boston July 2017 Brochure
5th Tumor Models Boston July 2017 Brochure
 
Guide for the Bioentrepreneur
Guide for the  BioentrepreneurGuide for the  Bioentrepreneur
Guide for the Bioentrepreneur
 
CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...
CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...
CHARITE ENTREPRENEURSHIP SUMMIT 2016 - Collaborative Innovation in Health Car...
 
Realizing the Promise of Precision Medicine
Realizing the Promise of Precision MedicineRealizing the Promise of Precision Medicine
Realizing the Promise of Precision Medicine
 
Using Healthcare Data for Research @ The Hyve - Campus Party 2016
Using Healthcare Data for Research @ The Hyve - Campus Party 2016Using Healthcare Data for Research @ The Hyve - Campus Party 2016
Using Healthcare Data for Research @ The Hyve - Campus Party 2016
 
Julie Corfield
Julie CorfieldJulie Corfield
Julie Corfield
 
Maya Chaddah, Science Communications
Maya Chaddah, Science CommunicationsMaya Chaddah, Science Communications
Maya Chaddah, Science Communications
 
FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...FasterCures Presentation: Fostering innovation while delivering treatments an...
FasterCures Presentation: Fostering innovation while delivering treatments an...
 
H.A.E.Konarowski, Chemrar High-Teck Center
H.A.E.Konarowski, Chemrar High-Teck CenterH.A.E.Konarowski, Chemrar High-Teck Center
H.A.E.Konarowski, Chemrar High-Teck Center
 
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th MayPrecision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
 
Medical Device-Polymers & Plastics
Medical Device-Polymers & PlasticsMedical Device-Polymers & Plastics
Medical Device-Polymers & Plastics
 
Hst921 Intro 2009 Dec 16
Hst921 Intro 2009 Dec 16Hst921 Intro 2009 Dec 16
Hst921 Intro 2009 Dec 16
 
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th MayPrecision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
Precision Medicine & Biomarkers Leaders Summit - Boston USA - 7th & 8th May
 
The impact of innovation on the future of IVD
The impact of innovation on the future of IVDThe impact of innovation on the future of IVD
The impact of innovation on the future of IVD
 

More from Michael Gaiss

Introduction to Summer@HIGHLAND
Introduction to Summer@HIGHLANDIntroduction to Summer@HIGHLAND
Introduction to Summer@HIGHLAND
Michael Gaiss
 
Highland 20th Anniversary CEO Slideshow
Highland 20th Anniversary CEO SlideshowHighland 20th Anniversary CEO Slideshow
Highland 20th Anniversary CEO Slideshow
Michael Gaiss
 
Summer at Highland Info Session 2011
Summer at Highland Info Session 2011Summer at Highland Info Session 2011
Summer at Highland Info Session 2011
Michael Gaiss
 
9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...
9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...
9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...
Michael Gaiss
 
Lessons Learned from Entrepreneurial Initiatives
Lessons Learned from Entrepreneurial InitiativesLessons Learned from Entrepreneurial Initiatives
Lessons Learned from Entrepreneurial Initiatives
Michael Gaiss
 
Startup Marketing: Rules for Revolutionaries - July 2010
Startup Marketing: Rules for Revolutionaries - July 2010Startup Marketing: Rules for Revolutionaries - July 2010
Startup Marketing: Rules for Revolutionaries - July 2010
Michael Gaiss
 
Startup Marketing: Rules for Revolutionaries
Startup Marketing: Rules for RevolutionariesStartup Marketing: Rules for Revolutionaries
Startup Marketing: Rules for Revolutionaries
Michael Gaiss
 
HCP Ceo Loop V7 Test
HCP Ceo Loop V7   TestHCP Ceo Loop V7   Test
HCP Ceo Loop V7 Test
Michael Gaiss
 
Wilmer Hale At Highland Capital Partners 7 10 07
Wilmer Hale At Highland Capital Partners 7 10 07Wilmer Hale At Highland Capital Partners 7 10 07
Wilmer Hale At Highland Capital Partners 7 10 07
Michael Gaiss
 
Frank Ip Slides For Highland
Frank   Ip Slides For HighlandFrank   Ip Slides For Highland
Frank Ip Slides For Highland
Michael Gaiss
 
HIGGINS COMMERCIALIZING SCIENCE - SOI.ppt
HIGGINS COMMERCIALIZING SCIENCE - SOI.pptHIGGINS COMMERCIALIZING SCIENCE - SOI.ppt
HIGGINS COMMERCIALIZING SCIENCE - SOI.ppt
Michael Gaiss
 
Higgins Financing Options For Start Ups
Higgins   Financing Options For Start UpsHiggins   Financing Options For Start Ups
Higgins Financing Options For Start Ups
Michael Gaiss
 
Best and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business PlanBest and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business Plan
Michael Gaiss
 
Test
TestTest

More from Michael Gaiss (14)

Introduction to Summer@HIGHLAND
Introduction to Summer@HIGHLANDIntroduction to Summer@HIGHLAND
Introduction to Summer@HIGHLAND
 
Highland 20th Anniversary CEO Slideshow
Highland 20th Anniversary CEO SlideshowHighland 20th Anniversary CEO Slideshow
Highland 20th Anniversary CEO Slideshow
 
Summer at Highland Info Session 2011
Summer at Highland Info Session 2011Summer at Highland Info Session 2011
Summer at Highland Info Session 2011
 
9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...
9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...
9 Common Startup Mistakes + Things to Know About Venture Capital for First-Ti...
 
Lessons Learned from Entrepreneurial Initiatives
Lessons Learned from Entrepreneurial InitiativesLessons Learned from Entrepreneurial Initiatives
Lessons Learned from Entrepreneurial Initiatives
 
Startup Marketing: Rules for Revolutionaries - July 2010
Startup Marketing: Rules for Revolutionaries - July 2010Startup Marketing: Rules for Revolutionaries - July 2010
Startup Marketing: Rules for Revolutionaries - July 2010
 
Startup Marketing: Rules for Revolutionaries
Startup Marketing: Rules for RevolutionariesStartup Marketing: Rules for Revolutionaries
Startup Marketing: Rules for Revolutionaries
 
HCP Ceo Loop V7 Test
HCP Ceo Loop V7   TestHCP Ceo Loop V7   Test
HCP Ceo Loop V7 Test
 
Wilmer Hale At Highland Capital Partners 7 10 07
Wilmer Hale At Highland Capital Partners 7 10 07Wilmer Hale At Highland Capital Partners 7 10 07
Wilmer Hale At Highland Capital Partners 7 10 07
 
Frank Ip Slides For Highland
Frank   Ip Slides For HighlandFrank   Ip Slides For Highland
Frank Ip Slides For Highland
 
HIGGINS COMMERCIALIZING SCIENCE - SOI.ppt
HIGGINS COMMERCIALIZING SCIENCE - SOI.pptHIGGINS COMMERCIALIZING SCIENCE - SOI.ppt
HIGGINS COMMERCIALIZING SCIENCE - SOI.ppt
 
Higgins Financing Options For Start Ups
Higgins   Financing Options For Start UpsHiggins   Financing Options For Start Ups
Higgins Financing Options For Start Ups
 
Best and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business PlanBest and Worst Practices in Developing a Winning Business Plan
Best and Worst Practices in Developing a Winning Business Plan
 
Test
TestTest
Test
 

Recently uploaded

Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
dpbossdpboss69
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
katiejasper96
 
Enhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: IntroductionEnhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: Introduction
Cor Verdouw
 
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
taqyea
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Niswey
 
IMG_20240615_091110.pdf dpboss guessing
IMG_20240615_091110.pdf dpboss  guessingIMG_20240615_091110.pdf dpboss  guessing
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium PresentationKirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip
 
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
➑➌➋➑➒➎➑➑➊➍
 
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
Herman Kienhuis
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper PresentationKirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip
 
欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】
concepsionchomo153
 
list of states and organizations .pdf
list of  states  and  organizations .pdflist of  states  and  organizations .pdf
list of states and organizations .pdf
Rbc Rbcua
 
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Kalyan Satta Matka Guessing Matka Result Main Bazar chart
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
my Pandit
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
IPLTech Electric
 
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...
Adani case
 
Cover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SUCover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SU
msthrill
 
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
Cambridge Product Management Network
 

Recently uploaded (20)

Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
Call 8867766396 Dpboss Matka Guessing Satta Matta Matka Kalyan Chart Indian M...
 
DearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUniDearbornMusic-KatherineJasperFullSailUni
DearbornMusic-KatherineJasperFullSailUni
 
Enhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: IntroductionEnhancing Adoption of AI in Agri-food: Introduction
Enhancing Adoption of AI in Agri-food: Introduction
 
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
一比一原版(QMUE毕业证书)英国爱丁堡玛格丽特女王大学毕业证文凭如何办理
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
Unlocking WhatsApp Marketing with HubSpot: Integrating Messaging into Your Ma...
 
IMG_20240615_091110.pdf dpboss guessing
IMG_20240615_091110.pdf dpboss  guessingIMG_20240615_091110.pdf dpboss  guessing
IMG_20240615_091110.pdf dpboss guessing
 
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium PresentationKirill Klip GEM Royalty TNR Gold Lithium Presentation
Kirill Klip GEM Royalty TNR Gold Lithium Presentation
 
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN8328958814KALYAN MATKA | MATKA RESULT | KALYAN
8328958814KALYAN MATKA | MATKA RESULT | KALYAN
 
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
Presentation by Herman Kienhuis (Curiosity VC) on Investing in AI for ABS Alu...
 
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan ChartSatta Matka Dpboss Kalyan Matka Results Kalyan Chart
Satta Matka Dpboss Kalyan Matka Results Kalyan Chart
 
Kirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper PresentationKirill Klip GEM Royalty TNR Gold Copper Presentation
Kirill Klip GEM Royalty TNR Gold Copper Presentation
 
欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注外围盘口-欧洲杯投注盘口app|【​网址​🎉ac22.net🎉​】
 
list of states and organizations .pdf
list of  states  and  organizations .pdflist of  states  and  organizations .pdf
list of states and organizations .pdf
 
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
❼❷⓿❺❻❷❽❷❼❽ Dpboss Matka Result Satta Matka Guessing Satta Fix jodi Kalyan Fin...
 
The Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac SignThe Steadfast and Reliable Bull: Taurus Zodiac Sign
The Steadfast and Reliable Bull: Taurus Zodiac Sign
 
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
Sustainable Logistics for Cost Reduction_ IPLTech Electric's Eco-Friendly Tra...
 
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...
Adani Group's Active Interest In Increasing Its Presence in the Cement Manufa...
 
Cover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SUCover Story - China's Investment Leader - Dr. Alyce SU
Cover Story - China's Investment Leader - Dr. Alyce SU
 
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
2024.06 CPMN Cambridge - Beyond Now-Next-Later.pdf
 

Commercializing Science - February 2007

  • 1. F E B R U A R Y 2 0 0 7 Commercializing Science: A Venture Capital Perspective R O B E R T F. H I G G I N S H A R V A R D B U S I N E S S S C H O O L S C I E N C E – B A S E D B U S I N E S S S E M I N A R
  • 2.
  • 4.
  • 5.
  • 7.
  • 8.
  • 9. Representative Highland Healthcare Investments 42 HEALTHCARE SERVICES LIFE SCIENCES MEDICAL DEVICES
  • 11. Deal Flow & Equity into VC-Backed Companies Amount Invested ($B) Number of Deals Source: Dow Jones VentureOne/Ernst &Young $25.7 2454 2006
  • 12. Where are the VC dollars going? Dollars Invested 2006 IT 54% Other 4% Business & Consumer 10% Healthcare 32% Biopharma 57% Healthcare IT/IS 5% Healthcare Services 6% Medical Devices 32% Source: Dow Jones VentureOne/Ernst &Young $25.7 Billion $8.2 Billion
  • 14.
  • 15.
  • 16. 0 0.5 1.0 10 5 0 1.5 15 US patents (in ‘000s) filed issued Net license income $B US University Patents & Licensing Trends 93 94 95 96 97 98 99 00 01 02 03 Source: The Economist & Association of University Technology Managers
  • 17. Milken’s “Top Ten” Rankings Source: The Milken Institute Mind to Market: A Global Analysis of University Biotechnology Transfer and Commercialization, September 2006 By Number of Publications By Number of Patents Issued By Number of Start-ups UCLA 10 Univ of Wash 9 Wash U, St. Louis 8 Johns Hopkins 7 UCSD 6 UPenn 5 UCSF 4 University of London 3 University of Tokyo 2 Harvard University 1 University Rank Penn State University 10 Harvard University 9 Univ of Michigan 8 Univ of Chicago 7 UCSF 6 Univ of Wisconsin 5 Johns Hopkins 4 Stanford 3 MIT 2 CalTech 1 University Rank Univ of Minnesota 10 UPenn 9 USC 8 Univ of Illinois 7 Univ of Michigan 6 Stanford University 5 Georgia Tech 4 Caltech 3 Univ of CA System 2 MIT 1 University Rank
  • 18. Overall “Top Ten” in Tech Transfer Source: The Milken Institute Mind to Market: A Global Analysis of University Biotechnology Transfer and Commercialization, September 2006 Milken’s “University Technology Transfer & Commercialization Index” 2000 – 2004 *** Harvard University New York University University of Michigan University of British Columbia Brigham Young University University of Minnesota University of Florida Stanford University Caltech University of CA System MIT University 10 18 9 8 7 6 5 4 3 2 1 Rank
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 26.
  • 27. P E R V A S I S T H E R A P E U T I C S
  • 28. P E R V A S I S T H E R A P E U T I C S
  • 29. P E R V A S I S T H E R A P E U T I C S Pig
  • 30.
  • 31. C O D O N D E V I C E S
  • 32.
  • 33. M A G E N B I O S C I E N C E S
  • 34.
  • 35.
  • 36.
  • 37. Conor’s CoStar Stent C O N O R M E D S Y S T E M S
  • 38.
  • 40.
  • 41. F E B R U A R Y 2 0 0 7 Commercializing Science: A Venture Capital Perspective R O B E R T F. H I G G I N S H A R V A R D B U S I N E S S S C H O O L S C I E N C E – B A S E D B U S I N E S S S E M I N A R

Editor's Notes

  1. Mention what Kent asked you to speak about what VCs look for when commercializing science Greg Verdine, Eric Lander, etc. have already spoken at seminar