VAXESS TECHNOLOGIES BUSINESS PLAN

This page was last edited on 14 December , at Retrieved 4 June The auto industry background, quite frankly, has helped very, very little with the technical challenges we encounter in vaccine stabilization. First and foremost I would reiterate the importance of candor, honesty, and openness. We were fantastically lucky to have a number of entrepreneurs who were two or three years ahead help us through the day-to-day logistics of getting a startup off the ground. The most common immune-stimulating adjuvant is alum, present in about half of vaccines today. This venture is working to commercialize a Tufts University technology that stabilizes vaccines into a thin film strip which can be shipped and stored without refrigeration, eliminating the need for a cold chain.

Listen first, and then think, honestly and frankly with yourself, about whether or not you can help them. In the biotech, the VCs are more interested in investing in a technology with huge upside and less interested in the individuals attached to the technology at that moment, because they can build the team around the technology. Inherently a dried product is more stable than a liquid product, and thus distribution is far cheaper. Retrieved 21 May First, vaccines that can be stored basically anywhere through our stabilization technology. Google, on the other hand, is remarkable in that it tends to overshare every company detail with every employee, and their philosophy is that if we hire well and treat employees like adults, there will be a mutual respect between the organization and the employee and trust that things will be kept confidential.

Vaxess Technologies

Vaxess was originally at the Harvard Innovation lab for a few years and is now at LabCentral. We know how it acts in the human body, how it degrades, and we know its inflammatory and immunological profiles. The company provides a smartphone application that lets consumers book and pay taxis conveniently and transparently. Retrieved 4 June Of course, as you move up the management chain, that vision expands.

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What if we tweak some of those input parameters, like the shear force or the pH?

Vaxess Technologies | EquityNet

Massachusetts Institute of Technology. I think I have a sense of what your company needs. If you come in with a team of only business people, they can provide a great business case but the technical aspect is missing.

What were some of the other applications you thought of at the time? We were fantastically lucky to have a number of entrepreneurs who were two or three years ahead help us through the day-to-day logistics of getting a startup off the ground.

Silicon Valley or other locations? Retrieved 28 January If the answer is no, you can walk away more quickly and move onto better partnerships, and if the answer is yes you can think about how to tailor your product to fit their needs. The grants will fund development of both the MIMIX platform as well as these two specific indications over the next two years.

vaxess technologies business plan

I could do corporate strategy and product planning way better than busineas currently done. Rather, we saw a technology that was pretty well-defined and fortunately there was a big problem that it did help solve, which helped launch the company.

Michael Schrader – SYNAPSE

Many biotech VC firms have now flipped to venture creation: SaferTaxi aims to bring greater efficiency and safety to the existing taxi booking process.

Do you tailor pitches differently for competitions compared to those for VCs?

The unique breadth of representation helped us identify our blind spots better. You certainly need to do your homework and be sure you understand the problem first.

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Michael Schrader

What features of the technology did you look at to decide that vaccine stabilization was the best application of silk protein? Retrieved 14 August What makes silk unique as a material are biocompability and its ability to self-assemble into mechanically robust constructs with a range of properties.

vaxess technologies business plan

This company is trying to revolutionize the way military professionals connect, develop, and pursue fulfilling opportunities throughout their military careers. Google, on the other hand, is remarkable in that it tends to overshare every company detail with every employee, and their philosophy is that if we hire well and treat employees like adults, there will be a mutual respect between the organization and the employee and trust that things will be kept confidential.

Retrieved from ” https: Photo courtesy of Michael Schrader and Vaxess Technologies. Harvard Business School hosts one of the most influential business plan contests in the country. The opinions expressed here by Inc. Then when I was in the world of design, Honda made some strategic vehicle decisions that were really hard for me to understand.

Retrieved 18 May Retrieved 31 May I can ask dumb questions, and often times it leads to stimulating conversations. I have no fear asking our advisors, technical team, investors, or pharma partners questions that may come across as naive.