Monday, May 20, 2013

Take Survey - Help Us Improve


BiotechLikemind is in the process of restructuring.. We would like to offer a better networking and educational environment for biotechies and future bio-entrepreneurs. Your feedback is very important to us. Please take survey here.

Your ideas and suggestions are welcomed. BiotechLikemind will soon emerge with a new vibrant website and a completely new networking experience. Stay tuned. 

BiotechLikemind Crew

Tuesday, January 22, 2013

Emerging Funding Options for Biotech Ideas


 Angels,VC and other funding options – Can your company attract the capital? 
So you have a product, but how do you know if you should start a company?  This presentation will explore the differences between various fundraising sources and help you determine which funding source is most appropriate to grow and maximize the exit for your company.


Can Crowd Funding Help Biotech?

We will discuss how Investment Crowdfunding will address funding problems common among emerging biotechnology companies. The scarcity of capital threatens emerging businesses. Nowhere is that clearer than in early-stage biotechnology, where innovators routinely find it impossible to raise the capital necessary to generate data and validate concepts. Traditional financing sources are unavailable or shrinking, only exacerbating the problem. In 2012 Congress overwhelmingly passed the JOBS Act to ease financing of small businesses. One of the Act’s most important and revolutionary reforms was the creation of Investment Crowdfunding, where ordinary investors can invest directly in companies too small to go public. Investment Crowdfunding is Social Finance, where investors form online communities on platforms like iCrowd.com to pool their resources, funding investments of common interest. Biotech is naturally positioned to create communities based on shared interests in achieving therapeutic goals, creating constituencies of enthusiasts and investors. But Investment Crowdfunding poses challenges unique to Biotechnology, particularly with respect to later-round financings. To overcome these challenges, Investment Crowdfunding platforms like iCrowd must anticipate and resolve them.



Thursday, January 17, 2013

BiotechLikemind is hosting iCrowd on January 24th in Boston


In April 2012, President Obama signed the JOBS Act into law, a landmark piece of legislation that creates an entirely new, online funding mechanism for entrepreneurs and small companies – the Crowdfund Act.

For entrepreneurs, crowdfund investing (CFI) has the potential to change the way startups get off the ground. It appears to be an ideal mechanism for raising the seed capital (typically under $1 million) vital for early-stage companies.   Join us for presentation by one of the industry’s leading crowdfunding portals, iCrowd.com, on the new options for funding life science startups. 

Despite delays in implementation, passage of the JOBS Act will dramatically change the landscape for entrepreneurs seeking funding for their startup ventures. Investment crowdfunding is one of the most significant funding developments in a generation, however, money alone is not enough to ensure success. The winning formula remains an effective concept, sufficient financial resources, solid business advice, and a strong network with useful connections. Click for video.


Saturday, August 18, 2012

Follow-up on BiotechLikemind Event on August 9th

The BiotechLikemind event "Towards Novel Medical Therapies" on August 9th was another great inspiration for life science entrepreneurs. With some 50+ biotech aficionados, the event started with one-hour networking session followed by two great presentations. The event was concluded with continued networking and discussions. We were honored to host two very valued speakers at this event, who shared their success stories and aspirations. Special thanks to our sponsor, KCSA Strategic Communications, for their generous contributions. 



Mitchell Finer, CSO at Bluebird Bio



Bluebird Bio is developing transformative one-time gene-based therapeutics for the treatment of severe genetic disease. Bluebird Bio’s approach utilizes gene transfer in the context of autologous bone marrow transplantation as a safer and more efficacious approach compared to the current standard of care, including allogeneic bone marrow transplantation. In the past two years, bluebird has raised $65M from a top-tier venture syndicate. Long term safety and efficacy data following the treatment of patients with beta thalassemia and childhood cerebral adrenoleukodystorphy, reported in Nature and Science, respectively drove the significant capital raise. Bluebird Bio has successfully combined stellar clinical data, top tier venture investors and an innovative corporate culture to build a highly motivated team that has made significant accomplishments in difficult field over a very short time frame.





Christopher Pazoles, VP at Novelos Therapeutics 


Novelos Therapeutics is a public pharmaceutical company developing novel drugs for the treatment and diagnosis of cancer. Novelos develops new therapeutic modalities needed to address the limitations of cancer therapy by combining selective targeting of cancer versus normal cells. In other words, these cancer-targeted compounds are selectively taken up and retained in cancer cells, including cancer stem cells, versus normal cells. Thus, these therapeutic compounds appear to directly kill cancer cells while minimizing harm to normal cells.

The prototype agent CLR1404 is a clinical stage cancer cell-targeting compound that can be tagged with radioactive iodine. Tagged CLR1404 can serve as either a PET imaging agent, or a molecular radiotherapy agent. When used in tandem, these chemically identical compounds could offer a personalized medicine approach to cancer therapy. This offers the potential for a paradigm shift in cancer therapy by providing efficacy versus all three major drivers of mortality in cancer: primary tumors, metastases and stem cell-based relapse. Together, Novelos’ compounds are able to “find, treat and follow” cancer anywhere in the body in a novel, effective and highly selective way.


Sunday, July 22, 2012

August 9th Event: Towards New Medical Therapies

Advances in the field of stem cell and cancer research have transformed the face of future medical therapies. Gene therapy, stem cell based drug discovery and transformative cancer therapeutics are thus among the premier trends in biotech. 

This event of the BiotechLikemind series will highlight this entrepreneurial trend by hosting two featured Boston companies: Bluebird Bio and Novelos therapeuticsWe are excited to hear the stories behind their innovations and their visions for the future. 

The event aims to foster new friendships and inspire entrepreneurial thinking. Join the event if you are for innovation, science or networking. 

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