Biotech operates on a fundamentally different timeline than software startups. A drug discovery or diagnostics company can take 10–15 years from research to approved product. The co-founding team needs to be aligned on what kind of company they're building — a spinout from university research, a platform licensing technology, or a development-stage biotech going for FDA approval — before the search even begins.
Most biotech founding teams are built around the science and lack the commercial architecture needed to raise venture capital, structure partnerships, and navigate the business development deals that eventually create value. A co-founder who understands biotech VC, can write a compelling IND application narrative, and has relationships at pharma BD teams is often more valuable at founding than another PhD.
Look for a commercially-oriented co-founder who has either operated at a biotech or pharma company in a business development, strategy, or licensing role, or who has raised biotech-specific venture capital before. The science is usually the starting point — a spinout, a patent, a breakthrough. The commercial translation — what it's worth, to whom, under what structure — is almost always what's missing.
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