BioPharma M&A: Capital Efficiency Drives Returns

Amidst lofty public markets and robust fund flows, it’s easy to forget the importance of equity capital efficiency in building new biotech companies. But like gravity, it’s a fundamental principle and rests at the heart of generating quality returns in any market. By deploying early, expensive equity dollars carefully and thoughtfully, a startup can preserve its upside in a wide range of market outcomes.

from Forbes – Business http://ift.tt/1PKwntI
via Abogado Aly Business Consulting

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