Abstract
Starting and operating a biotechnology company is both very expensive and excep tionally risky. A number of factors are responsible, including the high level of education required of those who conduct origin—nal research, the need that risk taker sboth scientists and businessmen be highly motivated, the lofty expense of high quality chemicals and biological reagents, as well as of such laboratory equipment as centrifuges, nucleic acid sequencers and synthesizers, microscopes, biological safety hoods, photometers, and electrophoresis apparatus; the cost of meeting federal, state, and local environmental and employee safety guidelines.
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Pappas, M.G. (1994). Biotechnology Funding. In: The Biotech Business Handbook. Humana Press, Totowa, NJ. https://doi.org/10.1007/978-1-4612-0293-6_6
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DOI: https://doi.org/10.1007/978-1-4612-0293-6_6
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