Building Relationships — Scientific & Commercial Founders

Date(s) - 12/07/18
9:30 am - 11:00 am

Chicago Matter

Hosted by

Life sciences innovators who are contemplating the formation of a new startup have several decisions to make in terms of the legal structure, management team and use of third-party vendors and CROs. A key relationship, however, is that between the scientific founder and commercial or business lead. Even prior to the formation of a company, both members need to align on the vision of the potential company, the roles and responsibilities that each team member will undertake and negotiation strategies with the parent university.

Join this workshop to learn how to:

  • Engage in effective conversations at the front end of partnerships to properly establish roles and responsibilities
  • Structure equity contracts and business agreements between scientific and business founders that will lead to long-term success
  • Understand incentives and limitations that university faculty must address as part of joining the management team of a startup