[HN Gopher] How to Build a Biotech
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How to Build a Biotech
Author : apsec112
Score : 74 points
Date : 2020-07-13 01:46 UTC (21 hours ago)
(HTM) web link (www.celinehh.com)
(TXT) w3m dump (www.celinehh.com)
| jfarlow wrote:
| It looks like there's still a lot in a draft form here, but the
| kind (and honestly, the _breadth_ ) of information here is
| difficult to come by outside of experience. And it is really
| valuable to have some of those bullet points articulated in one
| place.
|
| Small community around here too - there's a lot we can learn from
| each other.
| kkotak wrote:
| Wow! There's a lot of amazing stuff here. I think a lot of it can
| be abstracted to apply to any field really.
| entee wrote:
| Celine Halioua is an incredibly talented founder. We share
| investors and have spent a good amount of time together at
| investor working sessions, and she's building something really
| cool. This set of resources is quite valuable and provides good
| insight on how tech and biotech are different.
|
| Some of the reasons they're different are real:
|
| In tech you're pretty sure you can build something, you're just
| not sure if anyone will buy it. In biotech you're pretty sure
| people will buy it, just not sure you can build it.
|
| The challenges are far more complex (biology is a bitch) and
| require a LOT more domain specific knowledge to get traction.
|
| It's necessarily highly regulated.
|
| But things like people not giving younger founders a chance, and
| the lowballing on valuation don't need to be how things work.
| Hopefully people like Celine help turn that around.
| donclark wrote:
| I too see there is still a lot in draft form, but it states that
| "this is currently a draft and will launch formally Jan 2019." So
| its over a year and a half old and lots left to fill in. Maybe
| they should update that line to address that issue? Its a good
| start for resources.
| jontro wrote:
| Does biotech only have to do with drug development? What about
| other areas like water cleaning etc, wouldn't that be considered
| biotech as well?
| iancmceachern wrote:
| And medical devices. I've spent my whole career working on
| them.
| jfarlow wrote:
| One thing I have noticed and felt is that there is a _very_
| steep energy well that slides you into drug development if your
| technology is anywhere even near - as drug development has
| financial returns that are an order of magnitude (or two or
| three) greater than almost any other problem that bio-
| technology can be utilized for (right now).
|
| I predict that as the value of those other projects rise, and
| as the capital required to produce a drug decreases, that those
| other projects will really start to blossom. And I look forward
| to it.
| bserge wrote:
| I was going to make a "I'd like one Biotech, please" joke, but
| this is actually an interesting website! All the images are a bit
| confusing, but the information is great.
|
| Edit: yeaaaah, enable JavaScript if you have NoScript, the
| website looks and works much better.
| thesausageking wrote:
| While it's a draft and very cursory, resources like this are
| sorely needed and I hope encourages others to post more. Unlike
| tech, there's few place where you can learn how to build a
| biotech. It's a black art that most people still learn by doing.
|
| Decades ago, tech was like this and then Paul Graham, Venture
| Hacks, Fred Wilson, etc. started a movement to democratize
| startups and VC. It would be wonderful if the same thing happened
| with biotech.
| cat199 wrote:
| Not sure what else is out there, but the TMCx accelerator
| program is specifically designed around biotech startups and
| was created to build up the (bio)tech startup ecosystem around
| the texas medical center (largest medical center worldwide)
|
| https://www.tmc.edu/innovation/innovation-programs/tmcx/
| jfarlow wrote:
| There are a number of other incubators that are serving some
| of that role. The community is growing, but it's still fairly
| small.
|
| In the biotech space part of that incubation/culture can come
| in the form of shared lab space. Here are a few (in the Bay
| Area):
|
| - MBC (nee QB3) https://mbcbiolabs.com/
|
| - JLabs https://jlabs.jnjinnovation.com/
|
| - StartX https://startx.com/med
|
| - IndieBio https://indiebio.co/
|
| - Bonneville Labs https://bonnevillelabs.com/
|
| There are a number of other governments and entities that are
| trying to replicate and improve on the model.
|
| Portland has OTRADI https://www.otradi.org/
|
| (help add to the list?)
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(page generated 2020-07-13 23:00 UTC)