Strategic Plays To Grow Your Biotech Startup
Source: Argonaut Manufacturing Services
Being a biotech startup is exciting. Your company is young, energetic, and full of potential. However, your company is likely lacking in two key areas: cash and time. Startups have the difficult task of scaling quickly to profitability, while trying to minimize spending and extend their runway. Several strategies that startups can rely on include:
- Using shared space instead of your own facility
- Building a beneficial ecosystem of partners
- Outsourcing of high-overhead activities
Learning how to harness these strategies can help you navigate your startup to runway liftoff.
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Argonaut Manufacturing Services
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