Ebook Free Innovation, Commercialization, and Start-Ups in Life Sciences
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Innovation, Commercialization, and Start-Ups in Life Sciences
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Review
"So how do you get more new innovative technology to market? Well, you take risks for sure, but you have to have a process for churning the evolution of technology and turning concepts in the minds of researchers and entrepreneurs into commercialized products in the market. The contents of this book will not only do that for the reader, but the book will also show the pitfalls to avoid along the way. Not every good idea is able to get to market. … And what causes innovators to fail? The answers to these and other important questions are addressed in the book."―From the Foreword by John W. Manzetti, President and CEO, Pittsburgh Life Sciences Greenhouse, Founder, Managing Director, PLSG Accelerator Fund "This book, and the approach the author describes in it, is based in extensive real-life experience. The author gives the reader the theory behind innovation and commercialization, but then adds the application details only an experienced professional can deliver. ... I like the fact that the book is driven from the perspective of the investor versus the technologist or policy analyst. ... I think the author has written a very useful guide that is clear and compelling."―William Donaldson, Christopher Newport University, Newport News, Virginia, USA
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About the Author
Jim Jordan, a Distinguished Service Professor of Healthcare & Biotechnology Management and Senior Director of Healthcare and Biotechnology Programs at Carnegie Mellon University’s Heinz College, serves as the Chief Investment Officer of the Pittsburgh Life Sciences Greenhouse, a public-private economic and venture fund owned by Carnegie Mellon University and the University of Pittsburgh. As an accomplished Fortune 20-level executive with companies such as Boston Scientific, Johnson & Johnson and McKesson, Jim has leveraged his experience in several startup ventures and is active on multiple Boards of Directors. Through the Pittsburgh Life Sciences Greenhouse, he has applied his 25 years of experience in industry, consulting and academia to work with over 400 life science startup companies, with direct investment in 75 of them.
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Product details
Hardcover: 256 pages
Publisher: CRC Press; 1 edition (November 5, 2014)
Language: English
ISBN-10: 1482210126
ISBN-13: 978-1482210125
Product Dimensions:
6.1 x 0.6 x 9.2 inches
Shipping Weight: 15.2 ounces (View shipping rates and policies)
Average Customer Review:
5.0 out of 5 stars
16 customer reviews
Amazon Best Sellers Rank:
#1,241,967 in Books (See Top 100 in Books)
Innovation, Commercialization, and Start-Ups in Life Sciences is a must have text for any budding entrepreneur in the Life Sciences. This book is able to break down a quite difficult process into a more simpler one. Even veteran entrepreneurs can use this book as an easy to follow reference to tackle their next project.This text is broken into four different sections that flow naturally from one to another. The first section deal with Innovation. This section discusses the journey of innovation, translational research, the product-life cycle curve, and early available funding/investment. The second section is focused on financing a young start-up company. This section has chapters on Angel and Venture capitalists, creating liquidity for investors, and how to perform due diligence / what investors will look at when choosing to invest in a company. The third section focuses on Industry norms. In this section, the text discusses on how to find the industry norms and align the start-ups brand with these norms. In order for a start-up company to be successful, this company needs to not only solve an important customer problem, be able to access the sales channel, create an IP pyramid, and determine potential acquirers purchase triggers. The final section deals with the start-ups story. By telling a compelling story a start up company is able to find investors and become one of the few companies that will not fail.This book is a must read for everyone interested in the innovation and commercialization of start-ups in the life sciences!
Jim Jordan is one of the top experts when it comes to innovation, commercialization and start-ups in the life sciences sector. His book is a tremendous work, with great insight delivered quickly and clearly. He maps the relationships between innovation, investment, industry norms and standardized repeatable processes and tells a very compelling story that resonates with anyone who has worked or invested in life sciences. Jim provides checklists, models and background information to create a playbook that is a pleasure to read.
Jim Jordan has authored an impressively refreshing, succinct, content rich, and highly unique book! It is a must read for a broad range of constituents … including budding and experienced entrepreneurs, professors, students, and business leaders involved in strategic M&A, private equity, and governmental healthcare sectors. Mr. Jordan’s creative approach identifies critical pathways, unique considerations, pitfalls, and new ideas to successfully deliver innovative medical technologies to market. The book discloses many ideas that can only be founded in deep experiences, thoughtful analysis, keen observations, and a strategic mind. Readers will not be disappointed!
A fantastic approach for any entrepreneur seriously thinking about succeeding in developing a medical devices/life sciences start-up. Jim Jordan's method of moving from innovation to financing to industry norms and finally to start-up stories is a great read for anyone interested in getting involved in a life science or med device start-up. These sections allow brilliantly a playbook to help one succeed in this realm. He gives precise examples and important links to real-world practice. I highly recommend reading this book that succinctly integrates practical, real world experience with important research to prepare you for your entrepreneurial journey into the life sciences.
A must have bible for any entrepreneur seriously thinking about succeeding in setting up and developing a successful medical devices start-up. Author with a watchmaker's precision describes the whole process of start-up adventure from A to Z. It is a great learning experience, with a lot of real-life examples. It complements Prof. Clayton Christiansen's series of Innovation books with Author's forte - a terrific Commercialization section.Peter KopczynskiFortuna Clinical, llc
Excellent read for anyone wanting to learn more about start-ups.Thorough, very interesting, and filled with practical insights.
This book has successfully helped me run a healthcare IT company and given me enough knowledge to start a medical device company.
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