Posts Tagged ‘spin-outs’

From The Scientist: ‘ Billion-Dollar Babies – The story of scientists who came up with ideas that recently convinced Pharma to give them millions of dollars’

By Jeff Akst, The Scientist (reg req):

After 2 decades doing industry science, Roger Tung decided to take a break. For a year and a half, he played the role of “Mr. Mom” and independent consultant by day, while contemplating what to do next between the hours of 10 P.M. and 3 A.M. He wanted to come up with something big—something that could reduce the risks and costs that are rampant in the “expensive and failure-prone” business of drug discovery and development, he says.