Biotechnology is a unique industry sector, with very long product and service lead times and high capital investment needs. Raw technology generated by basic or even applied researchers tends to be early stage, requiring a great deal of research before it can be commercialized or even before its full commercial potential is clear. Such technology is difficult to license, and if a licensor can be found, only a small fraction of its ultimate value can be captured. Also, an early stage technology licensed to an established company must compete with other projects for resources, and can slip down the priority rankings. The obvious answer is to invest in further development, to demonstrate proof of principle, develop prototypes, decrease technical risk and gain a better understanding of its commercial potential. Each such stage of progress will increase the value of the technology. However, this is not straightforward: - It may be beyond the remit and mission of the research institute
- The researcher may not wish to move into applied research, let alone FDA-mandated Good Laboratory Practice work
- The researcher and institute may not have the knowledge or technical capabilities to take the next steps
- It might threaten the tax status of the institute or its technology transfer arm
- Such development needs to be financed
- Commercial input is needed to guide product development from its earliest stages
BIOPONS can assist you to create and capture value from your technologies. BIOPONS will review your candidate technologies (or your full portfolio) and work with you to develop a strategy for creating and capturing maximum value. - For technologies suited only for licensing, we can complement your in house capabilities with our specialized skills, knowledge and network of contacts to increase your licensing success rate and the value of deals.
- For a technologies with greater potential for development, we will work with you to craft a plan to add value - whether it is a limited project, or an opportunity to form a new venture - and for suitable opportunities will roll up our sleeves and help you implement it.
Call us today to arrange a free initial evaluation and a proposal tailored to your needs. |
