The following list of books are must reads for entrepreneurs in the biotech space, as they outline anecdotes from various companies throughout the history of commercialized biotechnology. Providing you with stories to learn from, that will help you in starting your own venture with solid foundations.
The Antidote: Inside the World of New Pharma - Barry Werth
The Antidote is the story of a pharma company's mission to win. Zertex was founded in the late 80s by Merck executive Joshua Boger, amidst the start of the AIDS pandemic. With the goal of creating a company with the ability to disrupt the industry, Boger also aimed to force pharmaceutical companies to think differently.
Genentech: The Beginnings of Biotech - Sally Smith Hughes
Genentech was one of the first biotechnology companies to gain popularity and to raise a significant amount of money through public stock options. In the early 1980s, without a customer product, and a lack of understanding of what the company even did, the price of shares started high and continued an upwards journey from the first day of offering. This book includes interviews from key players in the early days of the biotech industry, offering some interesting insights on what it was like.
Science Lessons: What the Business of Biotech Taught Me About Management - Gordon Binder and Phillip Bashe
This extremely readable book was written by former Biotech CEO, Gordon Binder. Science Lessons is geared towards readers who may not have a science background, but have an interest in the biotechnology industry. While still biotech focused, the book contains advice applicable to any department of any business including management, finance and legal.
The Billion Dollar Molecule: One Company's Quest for the Perfect Drug - Barry Werth
This book offers a different perspective on the successful pharma company, Vertex. Billion Dollar Molecule takes you on Joshua Boger's journey from science lab to Wall Street to research groundbreaking and life-saving drugs. This book creates an exhilarating atmosphere as it follows a group of company executives working together to disrupt the pharma industry.
Zero to One - Peter Thiel
The only book on this list without a biotech approach. Zero to One is undeniably one of the most influential and recommended business books on the market. This book teaches entrepreneurs how to look outside the familiar to see potential in unexpected places. Thiel Demonstrates the importance of questioning received wisdom in order to re-imagine the statue quo and seek out contrarian truths. Truly a must read.
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