Next Phase Newsletter

By Caitlin Dolegowski, Marketing Manager, LSN

Life Science Nation (LSN) prepares early-stage entrepreneurs for their Global Roadshow Campaign. This begins with determining where you are in the preparation and execution process. LSN specializes in the process of launching your fundraising campaign.

Are you prepared to launch?

Do you have your unique and compelling story down? Successful entrepreneurs are always the best storytellers. LSN can help determine if you do, we can offer suggestions and education on developing a compelling narrative.	Watch LSN Webinar – It All Starts with The Story
Is your story supported by a strong elevator pitch, pitch deck and executive summary?  LSN provides templates and formats to prepare for potential investors. Click logos below to see examples.
What does your current partner and investor target list look like?  LSN can ignite and create a better global target list. The LSN Investor Database covers over 10 types of investors including: Angel Groups Corporate Venture Capital Endowments/Foundations Family Office/Private Wealth Funds Government Organizations Hedge Funds Institutional Alternative Investors Large Pharma/ Biotech Companies Private Equity Venture Capital Companies can cast a wide net, looking at all types of investors and assessing which would be the best partner moving forward. When evaluating investors, companies can download or export search results and set up email alerts, taking advantage of the constantly updated new profiles as LSN continues to curate the database…Learn More
Do you have a CRM to organize and manage the process? It is impossible to manage 600-800 accounts in a spreadsheet. The LSN investor database can be integrated into Salesforce…Learn More
Do you have the right staff person that is assigned to setting up meetings? This is where 99% of the startups fail. They have no designated part-time or full-time staff dedicated to setting up meetings for the CEO and then monitoring and documenting how the meeting went and what the deliverables and next steps are. This is a crucial but overlooked aspect of fundraising and why most attempts fail. RAISING MONEY IS A NUMBERS GAME. Having a dedicated staff person who can do the canvassing, tracking, and follow-up is how the game is played.
Do you have meaningful conferences scheduled and accounted for on your calendar? Remember the NUMBERS GAME? LSN hosts The Redefining Early Stage Investments (RESI) conference series that connects start-ups to early-stage investors and strategic channel partners. RESI maximizes fundraising companies’ efforts to find partners who are a fit for their technology and stage of development. RESI is uniquely cross-border and cross-domain, connecting start-ups with 10 categories of global investors across the silos of drugs, devices, diagnostics, and digital health (4 Ds). RESI caters to both the earliest-stage start-ups, those seeking grants, seed, and angel capital, and the early-stage firms who seek series A and B funding. RESI is a unique and powerful tool for sourcing assets and advancing innovation across early-stage life science and healthcare…Learn More	Visit RESI Website: RESIConference.com

At Life Science Nation we have a dedicated research team that meets regularly with early-stage investors. The LSN team has a keen understanding of what investors and strategic partners are looking for and we specialize in working with startups and plugging them into the LSN platform and aiding in their global fundraising and partnering initiatives. Let us take you through this step-by-step process and see where you are and how we can prepare you for success.

Read This: 7 Startups, 7 Unicorns, and $7M of a $37M Round Raised at RESI – An interview with Thomas Farb-Horch, CEO, Thrive Bioscience

By Joey Wong, Investor Research Analyst, Hong Kong BD, LSN

The LSN team will be collaborating with Hong Kong Science and Technology Park (HKSTP) on October 19-20 and Life Science Incubator (Singapore) on October 29 to deliver the LSN Entrepreneurial Education boot camp to fundraising CEOs and scientist-entrepreneurs, aiming to help kick start their fundraising campaign and business developments on a truly global scale, and enhance LSN’s presence in the Asia Pacific region.

In recent years, the global healthcare and life science industries have undergone a remarkable transformation, characterized by increased capital inflow, soaring investment activities and groundbreaking innovations. Asia emerged as the epicenter of this moving landscape and Hong Kong and Singapore have solidified their positions as innovation hubs that offered unique advantages for fostering life science and healthcare innovation ecosystems. Their strategic locations, favorable government policies & promotions, and robust infrastructures make them the preferred destinations for early-stage life science and healthcare innovators who are looking to make an impact in one of the largest and most rapidly evolving life science markets, the Asia Pacific region, estimated to be USD 7.21 billion as of 2023.

Here are some recent highlights on Hong Kong and Singapore’s innovation ecosystems:

Geographic Advantage: Collaboration with China’s GBA

The strategic geographical location of both Hong Kong and Singapore are an invaluable asset for their life science and healthcare innovation ecosystem. Hong Kong, located on the southern coast of Mainland China, is a bridge to the Guangdong-Hong Kong-Macao Great Bay Area (GBA), which comprises several fastest-developed, major cities of Mainland China. Notably, there has been a surge in collaborations aimed at promoting tech and life science innovations between the governments, with a new science park established on the Hong Kong-ShenZhen border. In 2023, special measures were placed for medical devices and drugs that were approved in Hong Kong. This geographic position presents unparalleled opportunities for cross-border collations and access to the vast Chinese market.

R&D Powerhouse and Elite Research Facilities

Both Hong Kong and Singapore have made substantial efforts in fostering a conducive environment for research and development. With over 50 national and international research facilities, state-of-the-art laboratories and top-ranked universities, there is no lack of scientific talent and research capacities in HK and Singapore.

From 2021-2023, both Hong Kong and Singapore have set up partnerships with leading global pharmaceutical companies, such as Johnson & Johnson, Roche and AstraZeneca, to promote healthcare innovations and co-incubate early-stage projects.

Government Supports

In addition to research facilities, the government policies in both regions are designed to promote life science and healthcare innovations. These include grants, tax incentives and various financial support schemes. Prominent government initiatives such as Singapore’s Agency for Science, Technology, and Research (A*STAR) and Hong Kong’s Research Grants Council (RGC) actively support scientific research and innovation.

LSN believes a global ecosystem with strong interconnections and cross border collaborations will benefit both investors and entrepreneurs from around the globe, driving healthcare and life science forward with quality projects being properly funded despite their locations. Below are information and registration links for the two Boot Camps. I hope you can join us and we look forward to meeting healthcare & life science innovators in Hong Kong and Singapore.

By Erika Wu, Business Development Manager, Global Tech Hubs, LSN

Life Science Nation (LSN) proudly announces that California Life Sciences (CLS) will serve as a title sponsor for RESI JPM again. RESI JPM is LSN’s flagship conference taking place January 9-11, 2024, at Marines’ Memorial Club & Hotel, San Francisco, during JP Morgan Healthcare week.

Earlier this year, during RESI JPM 2023, CLS not only brought many their members to participate in RESI but also featured 8 early-stage life science startups across the biotech and medtech sectors in the RESI Innovator’s Pitch Challenge (IPC) as part of the CLS Innovation Track. This section successfully connected these outstanding life science innovators with LSN’s global investors and partners.

Read: Interview with Shikha Sharma, Senior Director, Innovation at California Life Sciences (CLS)

RESI JPM 2024 will see over 500 investors and licensing partners and 500 fundraising executives congregate during JPM week, CLS will bring their members who are early-stage life science startups to participate in RESI JPM which will serve to further the visibility and growth of these fundraising firms with LSN’s global partner network. With this excellent event for collaboration, CLS will bring into the spotlight many of the elite technology assets emerging from the state’s most impactful life sciences trade association. As part of CLS’s portfolio of entrepreneurship services, CLS seeks to establish partnerships with respected partnering and investor conferences to aid CLS members in their fundraising journeys. Importantly, opportunities like RESI connect them with Seed and Series B investors, channels, and licensing partners.

CLS is the state’s most impactful life sciences membership organization, advocating for the sector and its diverse innovation pipeline. For more than 30 years, CLS has served the community by supporting companies of all sizes, from early-stage innovators and startups to established industry leaders in the fields of biotechnology, pharmaceuticals, and medical technology. As integral components of a healthy and collaborative ecosystem, CLS also works closely with universities, academic and research institutions, the investment community, and other critical partners that promote this vibrant sector. On behalf of our more than 1,200 member organizations, CLS works to shape public policy, improve access to breakthrough technologies, educate lawmakers, and advance equity within our ecosystem by championing innovative solutions for some of the most pressing challenges of our times. In doing so, CLS fulfills its mission to protect and nurture California’s life sciences industry, empowering discoveries that lead to healthier lives around the world.

A new venture capital firm established in early 2019 by a network of hospitals, clinics, and home care services with a presence in multiple states in the USA. The firm’s first fund closed at $100M and is reserved for direct, strategic investment in early-stage companies (with approximately half of this allocation dedicated to follow-on investments). The firm’s initial investments are usually in the range of $1-3M, and it is geography agnostic and will consider all technologies across the globe.

The firm’s investments focus on these 4 verticals: digital health, medical devices, healthcare technology systems, and healthcare services. The firm will not invest in biopharmaceuticals or in vitro diagnostics, though they may consider life science tools. In terms of medical devices, the firm prefers to invest in products who have achieved FDA approval, though the firm may consider and is open to speaking with earlier stage companies with strong fit. The firm expects technologies to have a strong alignment with the hospital network, and these technologies need to be useable and easily integrated with the health system. Practically, the firm expects to have a contract (or direct line of sight to a contract) at the time of investment. Some areas of particular interest include mental and behavioral health, postpartum care, interoperability among devices and health records, cognitive support for millennials, use of voice to diagnose and monitor health conditions, etc. Overall, the firm will take high interest in technologies that help deliver care outside of the hospital.

While the firm has no specific team requirements, the firm does like to see entrepreneurs and management teams with a strong tie to the product or market. To date, the firm has only done follow-on investments as part of a syndicate, but will be open to acting as lead investor in future opportunities, most likely starting from 2020 and beyond.

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com.

A $300 million strategic corporate venture capital fund by a full-fledged oncology pharmaceutical company headquartered in Japan seeks to make equity investment in startup companies that discover and develop innovative therapeutic products and/or drug-enabling platform technologies that demonstrate a clear potential to benefit cancer patients. Investment size can be flexible depending on the deal. The firm will also consider the option-type of investments and spin-outs, in addition to pure equity investments. The fund is currently seeking opportunities in the USA, Europe and Japan, the focus being mainly in the USA and Europe.

The firm will consider early-stage (generally research to pre-IND) first-in-class/new biology-based approaches in drug discovery and innovative platform technologies for drug discovery, especially assets that have a strategic angle to TPC’s pipeline. The firm considers a wide variety of modalities (biologics/oncolytic viruses and small molecules) as well as cell and gene therapy on an opportunistic basis. The firm’s primary indication of interest is oncology, but the firm is also interested in immunology, allergy, musculoskeletal, and orphan indications.

While the firm is primarily focused on therapeutics, the firm may review technologies in medical device, diagnostic, or digital health sectors on a very selective basis if there is a strong strategic alignment.

The firm is looking for teams with strong sector expertise. With the support of the firm’s established expertise in the field of oncology product discovery and development, the firm will provide financial resources and company outreach to build strategic alliances to help translate novel research and high potential drug candidates into cornerstone products. The firm may request regional options or rights on a case-by-case basis.

If you are interested in more information about this investor and other investors tracked by LSN, please email salescore@lifesciencenation.com.