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Nonprofit gears up for biotech road show

March 29, 2008 /

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After four years of research with Silicon Valley backing, Scott Johnson’s outfit is preparing for the trial by fire faced by most biotechnology startups. It’s time for the road show.

Young companies routinely go on the road to present their best ideas for new drugs to big pharmaceutical and biotech companies. They hope to land a rich licensing deal.

But Johnson’s organization is not a biotech startup. It’s a nonprofit charitable foundation with a uniquely hands-on scientific program. And its upcoming road show will be a key test of Johnson’s theory that a small charity with the right rules can be a formidable force to bring new treatments to the world – and speed up the process of drug development.

Bernadette Tansey, Chronicle Staff Writer

Full Story: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/03/29/BUB9VPPHB.DTL