US Capitol Capsule: Getting startups out of the lab: NIH's experiment
This article was originally published in Scrip
Executive Summary
While startups working in the drug, device and diagnostic research and development arenas may have the scientific know-how to demonstrate through experiments their innovations work in treating disease, those small firms, unfortunately, often lack the business background and expertise needed to bring their discoveries to the marketplace – where patients ultimately can benefit – and increase their chances for commercial success.