Five Reasons Why Biotech Startups Fail: How to Avoid Them

| January 27, 2020

article image
Biotech startups are a high-risk venture and many do not reach the final line. I talked with several experts to find out what the most common reasons for failure are and what can be done to avoid them. You might have heard that only 10% of startups make it. Well, biotech startups can have it even harder. Unlike the typical tech startup that can launch a product within months, a biotech company often requires several years of intensive cash burning before its first product reaches the market. That is, if it doesn’t fail all the testing that regulators require.

Spotlight

BioNovoGen

BioNovoGen will be positioned to be one of the key market leaders in developing and commercializing the highest quality biosimilar drugs. We strive to provide the highest quality therapeutics to help bring best in class biologic products to meet patients' needs at affordable prices.

OTHER ARTICLES
MEDICAL

Better Purification and Recovery in Bioprocessing

Article | August 2, 2021

In the downstream portion of any bioprocess, one must pick through the dross before one can seize the gold the biotherapeutic that the bioprocess was always meant to generate. Unfortunately, the dross is both voluminous and various. And the biotherapeutic gold, unlike real gold, is corruptible. That is, it can suffer structural damage and activity loss. When discarding the dross and collecting the gold, bioprocessors must be efficient and gentle. They must, to the extent possible, eliminate contaminants and organic debris while ensuring that biotherapeutics avoid aggregation-inducing stresses and retain their integrity during purification and recovery. Anything less compromises purity and reduces yield. To purify and recover biotherapeutics efficiently and gently, bioprocessors must avail themselves of the most appropriate tools and techniques. Here, we talk with several experts about which tools and techniques can help bioprocessors overcome persistent challenges. Some of these experts also touch on new approaches that can help bioprocessors address emerging challenges.

Read More
DIAGNOSTICS

Making Predictions by Digitizing Bioprocessing

Article | April 20, 2021

With advances in data analytics and machine learning, the move from descriptive and diagnostic analytics to predictive and prescriptive analytics and controls—allowing us to better forecast and understand what will happen and thus optimize process outcomes—is not only feasible but inevitable, according to Bonnie Shum, principal engineer, pharma technical innovation, technology & manufacturing sciences and technology at Genentech. “Well-trained artificial intelligence systems can help drive better decision making and how data is analyzed from drug discovery to process development and to manufacturing processes,” she says. Those advances, though, only really matter when they improve the lives of patients. That’s exactly what Shum expects. “The convergence of digital transformation and operational/processing changes will be critical for the facilities of the future and meeting the needs of our patients,” she continues. “Digital solutions may one day provide fully automated bioprocessing, eliminating manual intervention and enabling us to anticipate potential process deviations to prevent process failures, leading to real-time release and thus faster access for patients.” To turn Bioprocessing 4.0 into a production line for precision healthcare, real-time release and quickly manufacturing personalized medicines will be critical. Adding digitization and advanced analytics wherever possible will drive those improvements. In fact, many of these improvements, especially moving from descriptive to predictive bioprocessing, depend on more digitization.

Read More

Spotlight

BioNovoGen

BioNovoGen will be positioned to be one of the key market leaders in developing and commercializing the highest quality biosimilar drugs. We strive to provide the highest quality therapeutics to help bring best in class biologic products to meet patients' needs at affordable prices.

Events