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Regenerative medicine has come a long way in recent years, leading some venture capitalists to consider investing in it. The roadblock to investing in this field is not a lack of funds, but rather a lack of a clear explanation of regenerative medicine's commercial applications, says one former venture capitalist.
Medical device startups will be way ahead of their competitors if they know what to expect from the FDA approval process. Read more for tips on how to be prepared.
Federal regulations and overseas competition are just two of the barriers holding back medical device innovation, says one medical device industry executive. Read more about the other roadblocks to innovation.
If you guessed that the top life sciences markets are on the east and west coasts, you'd be right. However, several parts of the Midwest are now considered emerging markets. Read more to learn the locations of the top 10 life sciences markets.
Life science startups looking for funding should keep foundations in mind as a potential source. Read more for tips on getting funding from foundations.
A meeting with the FDA can be hard to get, so it's important to make the most of it. Read more for tips on how medical device startups can maximize their time with the FDA.
Nanotechnology startups are competing for investment dollars, but those who have a strong management team and can meet a market need will stand out. Read more tips on getting nanotech investments.
Venture capital investments are in high demand, but some personalized medicine companies succeed in securing dollars. Read more for tips on what venture capitalists want to see in a personalized medicine company before investing in it.
Making customers happy is the key to an entrepreneur's single most important job--identifying, finding, and keeping customers, says the founder of one of the country's premier direct-mail businesses. Company owners must devise a system for maintaining rapport with buyers even as the business grows, the author advises. Included are suggestions for doing so, such as selecting the right products for the right customers and offering money-back guarantees.
At a time when branding is more important than ever for entrepreneurs, Lillian Vernon, the doyenne of direct-mail retailing, talks about branding herself to reach her customers. In the past half century, the strategy has enabled her company to get valuable publicity, as well as more easily extend its product line and weather times of crisis, the author writes.
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