How to Build a Biotech

apsec112 | 133 points

Hi! I'm Celine - a little embarrassed this is trending because it is very much still a draft - please forgive any typos!

I hope this is helpful and always happy to chat biotech startups - just email me - celinehh.com/about

celinehh94 | 4 years ago

Celine Halioua is an incredibly talented founder. We share investors and have spent a good amount of time together at investor working sessions, and she's building something really cool. This set of resources is quite valuable and provides good insight on how tech and biotech are different.

Some of the reasons they're different are real:

In tech you're pretty sure you can build something, you're just not sure if anyone will buy it. In biotech you're pretty sure people will buy it, just not sure you can build it.

The challenges are far more complex (biology is a bitch) and require a LOT more domain specific knowledge to get traction.

It's necessarily highly regulated.

But things like people not giving younger founders a chance, and the lowballing on valuation don't need to be how things work. Hopefully people like Celine help turn that around.

entee | 4 years ago

While it's a draft and very cursory, resources like this are sorely needed and I hope encourages others to post more. Unlike tech, there's few place where you can learn how to build a biotech. It's a black art that most people still learn by doing.

Decades ago, tech was like this and then Paul Graham, Venture Hacks, Fred Wilson, etc. started a movement to democratize startups and VC. It would be wonderful if the same thing happened with biotech.

thesausageking | 4 years ago

It looks like there's still a lot in a draft form here, but the kind (and honestly, the breadth) of information here is difficult to come by outside of experience. And it is really valuable to have some of those bullet points articulated in one place.

Small community around here too - there's a lot we can learn from each other.

jfarlow | 4 years ago

Completely agree, and feeling most of these pain points in the medical device / diagnostics industry as well. There are so many black boxes and unknown-unknowns in this space, especially when it comes to developing indications and navigating regulatory interactions. That's a main driver of why we built Essenvia (https://www.essenvia.com/#/), which automates the creation and submission of all regulatory docs required for medical device approval. We're expanding next into other aspects of the industry (complaint handling, compliance testing) as well as adjacent industries (environmental, pharma, etc.).

ware_am_i | 4 years ago

I too see there is still a lot in draft form, but it states that "this is currently a draft and will launch formally Jan 2019." So its over a year and a half old and lots left to fill in. Maybe they should update that line to address that issue? Its a good start for resources.

donclark | 4 years ago

I was going to make a "I'd like one Biotech, please" joke, but this is actually an interesting website! All the images are a bit confusing, but the information is great.

Edit: yeaaaah, enable JavaScript if you have NoScript, the website looks and works much better.

bserge | 4 years ago

Does biotech only have to do with drug development? What about other areas like water cleaning etc, wouldn't that be considered biotech as well?

jontro | 4 years ago

Wow! There's a lot of amazing stuff here. I think a lot of it can be abstracted to apply to any field really.

kkotak | 4 years ago