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Books > Professional & Technical > Technology: general issues > Inventions & inventors
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Preserving the Promise - Improving the Culture of Biotech Investment (Paperback)
Loot Price: R1,610
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Preserving the Promise - Improving the Culture of Biotech Investment (Paperback)
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Preserving the Promise: Improving the Culture of Biotech Investment
critically examines why most biotech startups fail, as they emerge
from universities into an ecosystem that inhibits rather than
encourages innovation. This "Valley of Death" squanders our public
investments in medical research and with them, the promise of
longer and healthier lives. The authors explicate the Translation
Gap faced by early stage biotech companies, the result of
problematic technology transfer and investment practices, and
provide specific prescriptions for improving translation of
important discoveries into safe and effective therapies. In
Preserving the Promise, Dessain and Fishman build on their
collective experience as company founders, healthcare investor
(Fishman) and physician/scientist (Dessain). The book offers a
forward-looking, critical analysis of "conventional wisdom" that
encumbers commercialization practices. It exposes the
self-defeating habits of drug development in the Valley of Death,
that waste money and extinguish innovative technologies through
distorted financial incentives.
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