New Biotech Funding Models: Is the Tech Revolution Coming?

November 12, 2019 8:00 AM - 10:00 AM

MassBio, 300 Technology Square 8th Fl, Cambridge, MA 02139

Add to Calendar 11/12/2019 8:00:00 AM 11/12/2019 10:00:00 AM New Biotech Funding Models: Is the Tech Revolution Coming?

Early-stage financing and company creation models have evolved significantly over the last two decades from heavily-funded, brick & mortar, do or die entities to angel-enabled, virtual and minimalistic proof of concept start-ups with hand-selected management and externally-enabled resources and ecosystems. Indeed, the Funding Model for emerging biotech companies appears to borrow from the tech company funding models from two decades prior, including incubators and accelerators, angel investors, shared laboratory and clinical facilities, “venture engineering” and shared resource programs. At this MassBio program, under the auspices of Entrepreneurs University, we will explore the current funding models in vogue today, the investor landscape, the impact of advancing science and technology, new types of partnerships, and the novel approaches early-stage companies are executing to advance to the next stage of existence – and funding round. Finally, our panel will provide their ideas on the future of venture funding and early-stage funding models in the biotech industry, and open the program to a lively discussion with the audience. Our moderator for this program is the inimitable, ever-effervescent John Hession. Please join us.

Sponsored by the MassBio Entrepreneurs University Working group.

MassBio, 300 Technology Square 8th Fl, Cambridge, MA 02139
Co-Founder, North Shore InnoVentures
Martha C. Farmer, PhD, founded North Shore InnoVentures (NSIV), a non-profit incubator in Beverly, MA, which has fostered 59 life sciences and cleantech startups that have raised $414M so far. Dr. Farmer served as CEO from 2008 until 2018 and still serves on the NSIV Board. She currently serves on the Board of two companies, Atentiv and TSRL, and on multiple non-profit and corporate advisory boards. Her biotech industry career began with the launch of Baxter Healthcare’s Hemoglobin Therapeutics Division in 1987, which she helped grow from 3 people to 130 over ten years. Prior to starting NSIV, Dr. Farmer co-founded one start-up and consulted for a few others and she is an angel investor. She earned a BS in zoology and a PhD in physiology and pharmacology from Duke University, did postdoctoral training at Johns Hopkins University and was a Medical Ethics Fellow at Harvard University.