Life Science Nation Newsletter  |  February 19, 2015  |  Issue 99

  The LSN Story   |   Investor Platform   |   Company Platform   |   RESI Conference   |   Fundraising Accelerator
Life Science Investor Mandates (Feb. 12 - Feb. 18)

Seeking Early Stage Medical Devices

Seeking to Partner with Innovative Medtech, Diagnostic, and Healthcare IT Companies

Looking for Therapeutics Devices and Tools
In This Issue

Texas Medical Center to Host Redefining Early Stage Investments Conference

 

10 Family-Office Speakers Shed Light on Direct Investing in Therapeutics and Medical Devices

Tales from the Road: Four Entrepreneurs Share Their Advice on Fundraising

 

LSN Videos
RESI 4 Recap Video, San Francisco, 2015
 Fundraising Boot Camp 
RESI 4 Clinical Phase I & Phase II Investor Panel
Texas Medical Center to Host Redefining Early Stage Investments Conference
By Dennis Ford, Founder & CEO, LSN

BOSTON - February 19, 2015 - Life Science Nation (LSN) and Texas Medical Center (TMC) have partnered to bring the Redefining Early Stage Investments (RESI) Conference to Houston on June 8, 2015. The conference will take place at TMCx, the TMC's 100,000+-square-foot, state-of-the-art accelerator space.

 

RESI @ TMCx will bring together fundraising CEOs and early stage investors from around the globe, providing the opportunity for dialogue and relationship building, with the goal of eventual capital allocations.

 

"TMC has long been known for world-class life science research and technology," said Dr. Robert Robbins, President and CEO of TMC. "RESI @ TMCx will bring early stage global-investment capital to our accelerator space, which will hopefully streamline the commercialization of our technology assets." ...

10 Family-Office Speakers Shed Light on Direct Investing in Therapeutics and Medical Devices 
By Michael Quigley, Director of Research, LSN

 

Last month in San Francisco, Life Science Nation's RESI Conference hosted two family-office panels to discuss investors' motivations for funding therapeutic and medical-device companies, the current trends in this space, and the distinctions between family offices' investment strategies. Given the fact that a good portion of family offices fly below the radar, it is easy to understand why there was standing room only during these two panel discussions.

LSN recruited the panelists from our extensive network of family office investors-a network that we have developed over the past three years. As noted by both panels, family offices have been increasingly making direct investments in life science companies, a trend LSN has been following. The reasons for this trend include avoiding poor returns (as happened during the financial crisis), increasing control over the final investment decision, and having a philanthropic and social impact...

Biotech Family Office Panel with Notes
RESI 4 Biotech Family Office Panel 

Medtech Family Office Panel with Notes
RESI 4 Medtech Family Office Panel 

Tales from the Road: Four Entrepreneurs Share Their Advice on Fundraising

By Lucy Parkinson, Senior Research Manager, LSN 

 

What's it like to be in the driver's seat of an early stage fundraising campaign? At the recent RESI Conference, LSN brought together four life-science executives for a "Tales from the Road" workshop to hear their firsthand accounts of navigating the fundraising process and raising capital. What stumbling blocks had they hit, how had they solved the issues, and what had they learned about raising capital? How did they go about finding potential investors, and how did they determine which investors they should pursue?

 

Here are the make-or-break points that our entrepreneurs stressed.

 

Having the Right Team

 

As Shantanu Gaur (CSO, Allurion Technologies) explained, the quality of the management team is particularly important when a very early stage company is raising capital. Before a company plots a development timeline, acquires data, talks to regulators, or makes a business projection, the company begins with a management team and an idea...