The Entrepreneurial Journey: Balancing Technological Exploration and Exploitation in the Pursuit of Breakthroughs in Medicine & Healthcare
Rudi Pauwels, Founder Director/Chief Executive Officer, Biocartis
Three decades ago, the message of being diagnosed as an AIDS patient pretty much equalled to the delivery of a death sentence with execution within 2-3 years. Today, the outlook for many HIV patients is totally different. We are witnessing also in other areas of medicine the first promises -as well as practical challenges- of a higher precision medicine where the outcome for the individual patient benefits from (i) therapies targeted at the specific molecular dysfunctions that underlay many diseases and (ii) ‘precision’ diagnostic tools that reveal the biomarkers that drive or correlate with these aberrant molecular processes. Both of these examples and developments will feature as the backdrop of the entrepreneurial journey that I took and lived through with my many colleagues. It will allow highlighting the enabling role of certain technologies and strategies in the results that were achieved. It will point to the importance of a true understanding of current and future medical needs, of aiming at the right innovation target level and of the role all participants and stakeholders can play in the execution of these projects.
There are no formulas for success, but a number of principles, strategies and mind-sets could help new entrepreneurs, industry professionals, researchers, students, policy makers and investors on how to foster innovation and create companies and solutions that patients and society - now and in the future - are waiting for.
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Add to Calendar ▼2016-10-13 00:00:002016-10-14 00:00:00Europe/LondonDXS Track TwoSELECTBIOenquiries@selectbiosciences.com
