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Why startups have to pitch attorneys like investors (video): Startups are not just a risk for investors. They are also a risk for the attorneys and other service providers that choose to work with them. That's because there's no guarantee an early-stage company will be around to pay a law firm for all the work it's done - let alone become a long-term customer.
[More]; Posted by: Chris Seper; on March 14, 2013; Comments (0); Category: Guest Posts
Morpheus Medical: Co-founder shares insights on securing funding and managing costs: With the goal of revolutionizing cardiac MRI, Morpheus Medical has developed software that takes the process from three hours to about 20 minutes. The company was launched about a year and a half ago when entrepreneurs who wanted to use computational processing to help with the diagnosis of disease came together with radiologists from Stanford University to commercialize the product.
[More]; Posted by: Christina Hernandez Sherwood; on March 12, 2013; Comments (0); Category: Entrepreneurial Challenges
Weekly Wisdom from Kauffman: Immigrant scientists help to improve cancer survival rates: With immigrants in more than 40 percent of the cancer researcher slots at America’s top cancer institutes, these scientists are playing an integral role in improving cancer survival rates in the United States, according to a Kauffman Foundation-funded National Foundation for American Policy report released last month.
[More]; Posted by: Christina Hernandez Sherwood; on March 07, 2013; Comments (0); Category: Kauffman Words of Wisdom
Weekly Wisdom from Kauffman: America’s high-growth health and drug companies reside in some unexpected locales: More than 6 percent of Inc. 500 firms work in the health and drug space, making it the No. 5 industrial sector for these fast-growing companies from 2005 to 2010. But these medical innovators aren’t all concentrated in the Silicon Valley.
[More]; Posted by: Christina Hernandez Sherwood; on February 28, 2013; Comments (0); Category: Kauffman Words of Wisdom
Weekly Wisdom from Kauffman: Breaking Down Barriers to Life Sciences Commercialization: Because life sciences entrepreneurship thrives on harnessing new technologies, spurring innovation, and growing companies, the Kauffman Foundation met in 2003 with the Panel of Advisors on the Life Sciences to help advance those goals.
[More]; Posted by: MedCityNews .com; on February 21, 2013; Comments (0); Category: Kauffman Words of Wisdom
DioGenix: CEO Offers Tips on Pursuing the Right Product and Investors: DioGenix, in Gaithersburg, Md., was founded in 2009 after CEO Larry Tiffany and his senior management team saw a clear clinical need: monitoring disease progression of multiple sclerosis (MS). Tiffany has an extensive background in biotech, as an IP attorney, and as a senior executive at small and mid-size biotech companies. Before DioGenix, he was senior vice president and general manager of genomics for another genomics research company, Gene Logic.
[More]; Posted by: MedCityNews .com; on February 19, 2013; Comments (0); Category: Entrepreneurial Challenges
O'Brien: Finding Startup Success as a Physician-Inventor Far From Healthcare Hotspots: Dr. Todd O’Brien has additional challenges beyond those encountered by most startup life science CEOs. The 48-year-old podiatrist still sees patients even while developing his latest innovation: an electronic tuning fork for measuring diabetes-related nerve damage in people’s feet. He's also building his company in Orono, Maine - far from any major healthcare hub.
[More]; Posted by: MedCityNews .com; on February 19, 2013; Comments (0); Category: Entrepreneurial Challenges
A Health Data Revolution? For Entrepreneurs It Has Just Begun.: At the FutureMed conference at Singularity University in the Silicon Valley this month, innovators from throughout the health field gathered for sessions on the future of medicine. A session on data-driven health provided insights into fascinating healthcare innovations centered on the use of health data. And it offered ideas for entrepreneurs looking to join the data revolution.
[More]; Posted by: MedCityNews .com; on February 16, 2013; Comments (0); Category: Events
One Thing Life Science Entrepreneurs Can't Have? Fetishes: There’s no silver bullet for becoming a successful life science entrepreneur. But at a session on entrepreneurship and innovation at the FutureMed conference at Singularity University in the Silicon Valley last week, three panelists shared their tips on achieving entrepreneurial success.
[More]; Posted by: MedCityNews .com; on February 15, 2013; Comments (0); Category: Events
Weekly Wisdom from Kauffman: Old(er) = Entrepreneur: The archetypal entrepreneur is a strapping 20-something. But we shouldn’t count out Baby Boomers as the next innovators.

Dane Stangler, senior analyst at the Kauffman Foundation, uncovered these facts in some recent Kauffman Foundation research:
[More]; Posted by: MedCityNews .com; on February 14, 2013; Comments (0); Category: Kauffman Words of Wisdom