Category: Business and Enterpreneur
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Gathering information
This is a short post. There are so many so sources of information in biology. It just amazed me that now Venture Capitalists were starting their own podcast and discussing detailed biology. I guess it helps to know the field that you are investing. Check out Andressen Horowitz podcast link here:
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Product
What is a product by a company. The simplest example is a car that is made by the car company. The product is the car. But as the sales guys teach: their product is transportation. They offer the ability to travel from one place to another and the freedom that comes with it. So that…
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Small things
Creating a new device is difficult and it involves many steps. It is easy for any company to get overwhelmed into what is required. There is hardware and there is software. There is also so many things to procure, invent and put together. Then there is functionality and operations and logistics. Not easy. One way…
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Andy Palmer – Serial Entrepreneur
You can read more about Andy Palmer at various locations on the web and he has quite a diverse background from working in different industries to funding and starting nearly 50 companies. He gave a talk at Harvard iLab to inspire the new enterpreneur’s. He showed several slides but also illustrated his advice using clips…
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Supply and demand: Synthetic urine
It is just amazing how supply follows the need and if the need is urine then businessmen will supply urine – even if it is fake urine – called synthetic urine.The need for urine is for drug tests. When a person undergoes a drug test, they typically need to supply their urine and this urine…
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Massachusetts as Biotechnology hub
We are based in Massachusetts and have believed that the Biotech industry has been booming in this state. A recently released report by MassBio seconds the view. There are some interesting perspectives from the report. The full report can be downloaded from the MassBio website here: In Biotech R&D, MA is number second behind California…
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Not design
When you design for a specific action or purpose, a significant plan and thought goes into coming up with a piece of software or instrument or device. This works well for most products. But sometimes for prototypes, or to prove a concept, some really creative people can adapt a concept that did not exist before…
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Patenting natural products – Jokichi Takamine
Patents are important to give companies exclusivity in the business of biotechnology. In the patent court a “natural product” is not considered patentable since it is the act of nature and not necessarily an invention. However, one Japanese man – Jokichi Takamine, the first pioneer in Biotechnology nearly 120 years ago, patented a natural product…
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Funding for startups
RockHealth puts out a report that lists companies that received funding and there are several interesting points in that report for 2017. In their list of megadeals – those companies that received more than $100M in funding, it is interesting that the companies are distributed throughout and not just the two coasts. One of the…
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Healthcare business models
A physician in Indonesia, Gamal Albinsaid, has created a novel system for getting medical treatment. He offers medical treatment in exchange for garbage that his patients pickup. The garbage can be sold and patients get access to cheaper medical care. This effort by Indonesia Medika is commendable because it aims to provide some health coverage…