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Article: Partnering, Financing, Selling Offer Options For Moving Ahead.
- Article from:
- BIOWORLD Today
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 A Thomson Healthcare Company. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Staff Writer
WASHINGTON - What does a biotech company do when it has a viable drug candidate but few resources to propel it forward?
The plan for many companies is to execute global activities and operations, but it's hardly an easy task in a tough financing environment.
In a morning finance session at the opening day of the Biotechnology Industry Organization's annual convention at the Washington Convention Center, three biotech executives, a banker and an attorney attempted to provide valid options to help smaller companies grow into profitable, worldwide businesses.
According to attorney Michael Braun, a partner with Morrison & ...