Iorns: Internal Incubation Model by Traditional Biotech VCs Is Highly Successful
Elizabeth Iorns · Elizabeth Iorns on Biotech Companies in YC · Y Combinator · Sep 13, 2017 · at 19:55
Science Exchange CEO Elizabeth Iorns explains how traditional institutional life sciences venture funds build companies by licensing discoveries internally and installing professional executive teams.
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“That's very effective. I mean, that's like Third Rock, Atlas Polaris flagship. Like that's all of those big funds take that strategy and it's very successful. They have created a lot of, you know, the most well-funded and recognized companies that you probably have heard of in the biotech space.”
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