Life Science Nation’s Redefining Early Stage Investments (RESI) Conference Series Changed the Game – Here’s How.

19 Apr

By Dennis Ford, Founder & CEO, Life Science Nation; Creator of RESI Conference Series

Life Science Nation’s Redefining Early Stage Investments (RESI) conference series is unique in several ways:

  • The Innovation Challenge that takes place at every RESI conference is a huge hit with early stage global investors seeking firms that align with their investment mandates.  LSN developed an expert system that facilitates the quick scoring and ranking of all of the companies and their technology assets that apply to get into the Innovation Challenge. A typical RESI conference gets over 100+ applications and LSN vets and ranks the top 30 applicants.
  • RESI is held every few months at major innovation hubs and gives both fundraising CEOs, early-stage investor/partners and service providers a capability to use RESI as part of their ongoing yearly business and partnering activities. Scientist/entrepreneurs can weave themselves into the RESI conference series and dramatically increase face time with prime partnering targets. The ability to carry on a dialogue every few months greatly aids in transmitting the latest information and cultivating the relationships.
  • RESI is one of the very few healthcare conferences that is cross-domain, in that it features Biotech, Medtech, Diagnostics and Digital Health. Many investors have multiple investment mandates covering multiple silos in the life science arena.
  • RESI is primarily a powerful  partnering conference using a unique profile-based partnering system that will have up to 1400 meetings between buyers and sellers in one day. LSN has integrated a matching algorithm in our partnering software that connects the right investors/partners with the right early stage companies that are a fit for stage of development and product set. I think if you polled some of your colleagues they would say that RESI is a well-known partnering vehicle and attest to the dynamic nature of a RESI event.

The importance of continued dialog in maintaining partner relationships is specifically why LSN chose to incorporate a RESI conference every couple of months throughout the year.  RESI partnering has produced compelling results – over 350 firms have raised close to 500 million by using RESI as part of an ongoing fundraising vehicle.

LSN presently has 5 RESI conferences a year – JP Morgan (during), Toronto (part of Health Innovation Week), Summer BIO (day before), Boston (September) and NYC (November). The long-term goal is to expand RESI to China, Europe and South America and thus have a one-of-a-kind ongoing global event.

 

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