What do the biotech
experts have to say about the book …..
Mahadev Murthy, Ph.D.,
Program Director at National Institutes of Health
Wasington DC, USA
Molecular Millionnaires” is superbly written in a simple format that
can be understood even by non-technical persons despite incredible
complexities of the biotechnology ventures. Remarkable advances in
bioscience during the last decade have further spurred the
imagination of entrepreneurs, who often tend to be global thinkers,
adventurous, risk takers and market makers despite the odds.
Individual chapters in this book provide a glimpse of scientific and
business opportunities and challenges that entrepreneurs often
wrestle with in this sector. Early chapters focus on technology and
product development strategies. Chapters on funding and fund raising
nicely bring out some lessons that most entrepreneurs would love to
know, particularly in this global business climate. Two major shifts
that are of interest to the readers are the ‘product spread’ and the
‘market spread,’ which could create more global investment and
market opportunities, but also could add enormous risks. In other
words, these shifts have created unprecedented global entrepreneurs
in this sector. This book will be a great read for anyone who is
interested in this sector. “
Ulf Landegren, M.D.,
Professor at Uppsala University
Stockholm Area, Sweden
“As my lab has spun out
five companies I have had reason to think about these matters. I
will introduce your book to students who want to acquaint themselves
with entrepreneurial considerations…..
I enjoyed reading the perspective presented in your book presents, a
perspective which is probably the more usual one.”
Michael Herrler, Ph.D.
Director, Platform Development at SciGene
San Francisco, California, USA
“Great job! You really
try to motivate people to start a bioventure.
Adviser in Ministry of Science & Technology, Government of India.
Professor SPJIMR Business School
“….Want to be a Biopreneur- entrepreneur in Biobusiness? Read the
guide from Dr Ryan Baidya. Apart from covering stages of innovation
the book also covers fund raising, valuation, marketing and PR +IR
(Public Relations and Investor Relations. All explained in simple
text by a practitioner with insights.”
David Lustig, Ph.D.
VP, Business Development at Optivia Biotechnology
San Francisco, California, USA
"Biopreneurs does an
excellent job of explaining to would-be entrepreneurs the critical
path issues for both the business and scientific sides of the
biotech industry. The flow charts and checklists are valuable
resources to help the inexperienced understand and create
development, financing and marketing plans. They also serve as
useful as reminders for even the most seasoned veterans.
I will recommend Biopreneurs to those who are starting or want to
start a bio company.”
Viren Konde, Ph.D.
Sr. Executive at Genova Biopharma
“Baidya and Shiratani have attempted to interpret the diverse nature
biotechnology industry and its relation with entrepreneurship by
co-authoring a biotechnology guide mostly intended for venture
capitalists, other investors, biotech executives and scientists with
the special emphasis on how and why to invest in start-up and
The approach taken by the authors is not to describe specific
companies (case studies) or specific industry sectors (value chain)
but rather to discuss broader areas of entrepreneurship paths in
.. this book reveals a lot of imagination that has gone into
developing biotech companies, which is regarded as important. For
those contemplating to set up a bioventure, there are lots of ideas
that would be helpful for the first-time investors of
bio-enterprises. The audience for such a book is most definitely
investors new to the biotech sector, to understand the underlying
drivers and students enrolled for enterprise education, and
unfamiliar to this sector.”
Tetsuya Takada, R.Ph.,
President at TIPharms & Company
"This book teach us how business strategic mind is important as well
as pursue research. Please read before talking your business plan to
Linda Pullan, PhD.
Business Development Consultant at Pullan Consulting
Los Angeles, Califonria, USA
Molecular Millionaires is a how-to guide to starting biotech
businesses. If you want an overview of pharmaceutical drug
development from preclinical studies to the basics of the regulatory
process, this is a good place to start. If you want an introduction
on funding, from business plan to the roles and expectations of
angels and VCS, that is here too. A useful light discussion of PR is
included. There are many good figures and tables (e.g., listings of
typical studies for drugs in preclinical, the percentage of drug
failures for efficacy and safety, who provides various stages of
Co-Founder and Chief Scientist at Sequerome LLC
Washington D.C. USA
"Ever been an investor who missed the boat to invest in a great
Biotech business because you needed an advisor. Ever wondered what
textbook can cover the curriculum for a biotech business oriented
course. If there is any other similar situation or the the ones
above then you certainly need to consider reading the book "The
Molecular Millionaires" by Dr. Ryan Baidya and Miyuki Shiratani. The
authors, highly experienced and qualified in their respective
fields, bring in their knowledge and experience in creating Biotech
startups and lay them down in a very organized and lucid way for
beginners in this field.
The book has tried to cover,both, the regular and rare resources
that readers can utilize to understand the biotech industry. The
book has been written for a broad audience including those without
btioech background. There is a sense of elegance of simplicity in
the approach taken throughout the course of the book by the authors
so that there is no feeling of information dump for a new comer
while sticking to core aspects.
The book is also great source for prospective investors who feel the
need to invest in this booming field without running the risks that
are typical of first-time investors.
This book can easily be an integral part of any curriculum in a
business management course for biotech entrepreneurs."
Dr. Ramesh Pandey,
Former Chairman and CEO of XeChem
Chairman GDPAU University,
New Jersey, USA
… this is an wonderful piece of work. I have gone through the
entire book critically and found it very useful. Materials are well
organized and presented in a manner that is comprehensible by the
experts and the novices equally.”
Dr. Rajesh Bhatia, M.D.
Santa Clara, Califonira, USA
The biotechnology guide written by Dr. Ryan Baidya & Miyuki
Shitratani amply justifies its title. The book gives in-depth and
valuable information to the present as well as future biopreneurs.
The scope of the book is really wide which covers all aspects from
conception to the delivery of the product by bio-ventures. The
authors have given numerous points to ponder as you go along reading
the entire book which makes the reading very informal, interesting
and suitable for the intended audience.
You cannot but agree with the crystal clear message of the book as
the concepts are well defined, well developed and properly
explained. The language is very clear, convincing and loaded with
the latest information about its field. The illustrations in the
book are very helpful in understanding the ideas put forward by the
author. The author seems to be an authority on this vast subject as
this was supposed to be a very tedious job which has been made
simple by inspirational quotes and lucid concluding remarks.
I sincerely think that the book has fully accomplished its goal of
educating the future entrepreneurs of new start ups. A wonderful
resource guide for all biotechnology venture stakeholders all over
the world who dream of making it big someday!”
Lic. Jerónimo Méndez,
University of Uruguay
“..First of all let me tell you that I liked you book very much.
ORT University in Uruguay is launching a new degree in Biotechnology
next year. The goal is to train scientists with an entrepreneurial
I was invited to participate as professor of Bio business and I had
to design the grid. I was looking for a book related to it which can
be useful for the students. Looking for a book in the internet I
found yours recently launched. And found the topics you touched;
would be of great help for me and the students.
I have read the book and I found it Very interesting. It is quite
difficult to find all these topics related to bio business in one
place, and it will be of great help for me in developing the bio
Jagannathan Parthasarathy, Ph.D.
VP Operations at Business Integra
“… Quite enjoyable and thought provoking. I am an engineer who has
left behind biology after my 12th year in education. The flow was
smooth and matter easily understandable to a lay person like me…”
Edgardo T. Farinas, Ph.D.
New Jersey Institute of
Department of Chemistry and
New Jersey, USA
“…Excellent job! I will request
that our library purchase your book.”
Rohit K. Shukla
CEO, Larta Institute
Los Angeles, California, USA
one of the best examples that our colleagues brings out with
persistence and mission …”
Mr. Rohit K.
Shukla, introduced the book to a packed audience of Biotech, Pharma,
and Governmental executives; and academic professors at a LARTA-NIH
Conference at San Jose, California.