This book is packed with useful details on all aspects of launching a new biomedical company. I highly recommend it to anyone contemplating a new venture.
The book covers all the things that matter but are never written down in a comprehensive text.
I am using this text in a commercializing biomaterials course and highly recommend it to graduate students and post-docs who want to enter the world of start-up biotechnology. I think it would also be very helpful to junior faculty who are thinking about commercializing their research. It is brilliantly constructed to walk you through the basics of taking your research from the bench to bedside and the challenges you are going to face along the way. I also found the author’s use of vignettes and specific examples very helpful to illustrate complex points. This book won’t write your business plan for you but should help you do your market analysis and give you the questions to ask when you initiate disclosures to your university’s Technology Transfer office. Highly recommended.
We have used this text at the University at Buffalo School of Management Center for Entrepreneurial Leadership in a program called High Tech CEL for the past two years. The program was developed to help early stage life sciences companies find a pathway to commercialization. This text is a valuable tool that takes sometimes complicated pathways and represents them in easy to understand language and diagrams that almost anyone can follow. Shreefal Mehta does a great job of distilling tons of material down into a tight compact text that can be used as both a textbook and a reference guide. Everyone involved in the life sciences industries should have one copy on their desk and couple more on their office shelves to hand out. Highly recommended!
Dr. Mehta’s book is a comprehensive and practical overview of all the steps and challenges to successfully develop and commercialize a product from idea to income. His points are illustrated with real life examples throughout. Students and professionals alike should read this book!
The ‘How-To Bible’ for launching a product - If I had to recommend one great book to get you started on the road to launching a product, then begin with Commercializing Successful Biomedical Technologies.
I am in an “Innovation Scholars Program” and I found this book to be especially useful in learning about the complexities of commercializing biomedical technology and the myriad considerations to take into account in doing so.
Shreefal Mehta’s book highlights the right questions to ask in order to truly understand the impact of reimbursement and health economics, too often ignored in product development, on new devices, drugs, and biologicals.
This book is a must for starters in the industry and for people who have collected different pieces of the puzzle through scattered sources and need to organize it in their minds to put it in perspective.