Tag Archives: investing

The Hero’s Journey: A CEO’s mission to find a cure to save his sons – Part II

3 Jun

Sougato-DasThe best products are often developed when the product manager is also a customer, or in the case of biotech, when the CEO is also a patient. Hear from Nick Sireau of Serenatis Bio, who developed a product that’s on the market for an ultra-rare disease, and is now preparing for a series A raise for an OCD asset after a successful seed raise. Nick’s story, including how Life Science Nation’s training, data, and events helped him, is an inspiring tale of keeping the patient first while navigating the labyrinth of the investment landscape. When Nick one day received a newsletter from Dennis Ford, CEO of LSN, saying that you need 600 – 800 investor leads to do a successful raise, he re-evaluated his strategy and realized it was a numbers game, and he had to play it fast. He searched LSN’s investor database of thousands of investors to find the best fits in the least amount of time, and participated in training from Greg Mannix, VP of International Business Development of LSN, on how to pitch and optimize partnering strategies. Now he’s on the hopeful path of bringing a treatment to a condition that is absolutely devoid of good treatment options, that can dramatically reduce quality of life and even lead to suicide. If you are an entrepreneur fundraising, this video will give you sage advice that you can use right away to accelerate your raise.

The Hero’s Journey: A CEO’s mission to find a cure to save his sons

28 May

Sougato-DasNick Sireau became a new father in 2000. However, the usual joys of parenthood were quickly cut short when Nick discovered his son had black bone disease, also known as alkaptonuria, a debilitating condition for which there was no treatment. Two years later a second son came into Nick’s life, similarly afflicted. Nick, a solar power entrepreneur, embarked on the journey of a lifetime to find a cure. Raising money any way he knew how, from half marathons to grants from the European Commission, Nick funded and led the research needed to repurpose a drug and get it approved for alkaptonuria. Click here to watch the incredible story of courage, resilience, and a refusal to give up that produced a near-perfect treatment for an ultra-rare disease that diminishes the lives of over 20,000 patients worldwide. Repurposed drugs for ultra-rare diseases rarely see the light of day due to lack of commercial incentive. Heroes like Nick, and rare disease patients everywhere, need policy-based help to provide the incentives for investors and pharmas to move more promising assets forward. At Life Science Nation, we are dedicated to connecting innovators with the capital they need to help patients. Join Nick and other heroes at Life Science Nation’s RESI conferences and become part of the solution.

Prep for BIO & RESI with the LSN Pharma BD Directory 

20 May

Sougato-DasThe two biggest biopharma licensing and investment events, BIO and RESI, respectively, will be in Boston mid-June. BIO will feature thousands of large pharma delegates seeking licensing candidates while RESI will have over 400 seed through series B investors and pharma external innovation scouts. If you’re targeting a pharma deal in the short or long term, you should know which pharmas are best fits for you, and you should be starting conversations with them already. This applies equally if you’re seeking funding or out-licensing. Earlier stage companies will want to court the early innovation scouts at RESI while later stage biotechs will want to target the BD&L scouts at BIO.

To help you determine which pharma partners are optimally aligned with your company and submit your non-confidential deck or proposal in advance of BIO and RESI, we’ve provided the LSN Pharma Directory. This guide lists the business development/licensing/partnering pages for the top pharmas and lets you instantly see their licensing goals. Get the conversation started (for follow-up at BIO and RESI) by leveraging the submission portals contained in the Directory. The hundreds of investors attending BIO will want to see that you have a solid exit plan and have a good sense of the competitive landscape. Check out the LSN Pharma Directory for free now!

Check Out the LSN Pharma Directory for Free now!

Hot Investor Mandate: USA-Based VC Firm Invests in Disruptive Digital Health Solutions With Transformational Potential in Healthcare

6 May

A Venture Capital firm based in the US seeks to invest in transformational healthcare, focused on diseases of aging. The fund’s investment strategy is to initially invest in Seed-Series A rounds in the range of $1M-$4M and then provide capital throughout the company’s life via additional investments. In terms of capital structure, the firm prefers to participate in priced equity rounds, however convertible notes or other structures may be considered. The firm will act as a lead, co-lead or follow-on investor depending on the nature/terms of the deal and other investors participating in the round. 
 
The firm is interested in disruptive technologies that target extreme inefficiencies in the healthcare system, such as digital health solutions based on artificial intelligence or big data platforms, as well as cutting-edge technologies at the intersection of multiple disciplines (eg physics and biology). The firm is not interested in traditional medical devices and diagnostics, but rather devices or diagnostics whose core IP lies within the underlying platform technology or software. 
 
The firm is open to companies globally but prefers to invest in companies based in the US. Typically, companies that aren’t located in the U.S. would need to have some operations based in the United States. Emphasis is placed on the strength of the management team when making an investment decision, and the firm seeks to work with entrepreneurs who have a strong understanding of their market and sound logic behind why their vision and business model will be successful. Although successful, repeat entrepreneurs are highly valued, The firm will work with entrepreneurs of all experience levels. Board seats are not required along with an investment but may be appropriate depending on the deal structure. 

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