The Biotech Startups Podcast

The Biotech Startups Podcast

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The Biotech Startups Podcast episodes

  • 🧬 Sandy Paige - Seabright Ventures Fund - Part 1 | The Value of Hustle & Being a Team Player | Saying Yes to Opportunities | Corporate Entrepreneurship & Finding Your Path | Entrepreneurs & Risk Aversion

    Part 1 of 4.

    My guest for this week’s episode is Sandy Paige, co-managing director of the Seabright Ventures Fund, a search fund investing in the US middle market, with a focus on life sciences and cleantech. Sandy is an expert CEO, most recently leading and scaling Explora BioLabs before its acquisition by Charles River Laboratories for $295 Million dollars.

    Prior to Seabright, Sandy led The Jackson Laboratory as a Site Director and a Director of International Distribution from 2008 to 2018. Before The Jackson Laboratory, Sandy spent time as a general manager, consultant, and financial analyst, gaining extensive experience in a wide range of industries outside of the life sciences.

    Join us as we sit down with Sandy to talk about his childhood watching his father as a CEO, and how he learned to leverage his hustle and found value as a team player. Sandy also discusses the benefits of multifaceted education and how a wide range of experiences can lead to more opportunities. Lastly, we cover his time going from politics to industry, his journey to getting an MBA, and his path into corporate entrepreneurship.

    Find Our Guest, Sandy Paige, at these links:
    https://www.linkedin.com/in/nathanielsandypaige/
    https://seabrightventuresfund.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:56 Episode start, Sandy’s childhood growing up in Maine, watching his father as a CEO
    04:53 Deciding not to become a zero-to-one entrepreneur, the value of hustling and being a team player
    07:05 The benefits of a multi-disciplinary liberal arts education and of having a varied background of experiences
    09:41 Taking the opportunities provided and taking things job-by-job, how a letter led to a job opportunity
    13:20 Working for Angus King, following up on things people recommend and saying yes at critical moments
    18:42 Moving into industry, going to Fairchild Semiconductor, getting an MBA
    23:16 Benefits of exposure to broader business operations, corporate entrepreneurship as a career path
    26:43 Entrepreneurship as risk aversion, managing risk-return profiles to find a path
    28:35 Outro

    Enriched Notes:

    Topics Mentioned:
    Entrepreneurship https://www.excedr.com/category/entrepreneurship
    Liberal Arts Education https://en.wikipedia.org/wiki/Liberal_arts_education
    Laboratory Management https://www.excedr.com/category/laboratory-management
    Minimize Overhead Costs https://www.excedr.com/blog/how-to-minimize-overhead-costs
    Managing the Impact of Rising Interest Rates & Inflation https://www.excedr.com/blog/how-to-manage-the-impact-of-rising-interest-rates-and-inflation
    Explora Biolabs https://ir.criver.com/news-releases/news-release-details/charles-river-laboratories-acquires-explora-biolabs
    Salzburg Seminar for American Studies https://www.salzburgglobal.org/multi-year-series/american-studies
    Bath Iron Works https://en.wikipedia.org/wiki/Bath_Iron_Works
    Fairchild Semiconductor https://en.wikipedia.org/wiki/Fairchild_Semiconductor
    VC Term Sheet Glossary https://www.excedr.com/resources/vc-term-sheet-clauses-and-terms
    Writing a Startup Business Plan https://www.excedr.com/resources/how-to-write-a-business-plan-for-biotechs
    Business Entities & Their Differences https://www.excedr.com/resources/what-are-the-differences-between-business-entities
    Babson College https://www.babson.edu/
    Funding an R&D Startup https://www.excedr.com/resources/rd-startup-funding-first-steps

    People Mentioned:
    Buzz Fitzgerald https://www.c-span.org/person/?36913/BuzzFitzgerald
    Angus King https://www.king.senate.gov/The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    31 min
  • 🧬 Maneesh Jain - Mirvie - Part 3 | Finding & Addressing Unmet Needs | The Maternal Health Crisis | Creating an Empathy-Focused Company Culture | Fundraising & Hitting Milestones in a Recession
    Part 3 of 3.

    My guest for this week’s episode is Maneesh Jain, CEO and Co-Founder of Mirvie, a life science company that predicts pregnancy complications before they happen by revealing the underlying biology of pregnancy health. Mirvie is dedicated to shaping the future of pregnancy health through simple, personalized blood tests. Before Mirvie, Maneesh was a founder, CEO, or executive of five successful start-ups, which include Parallele Bioscience, Auriphex Bioscience, Ion Torrent, Butterfly Network, and Cirina.

    All of the businesses successfully exited or commercialized to the likes of Affymetrix, Illumina, Life Technologies, the FDA, and GRAIL, respectively. Join us as we sit down with Maneesh to talk about how finding the biggest unmet need led to the founding of Mirvie after leaving GRAIL.

    Maneesh also discusses the maternal health crisis and the state of the market for pregnancy health. We also cover his thoughts on how to create an empathy-centric culture that balances being collaborative and understanding with achieving aggressive goals. Lastly, Maneesh discusses the intricacies of fundraising during recessions and the critical importance of hitting milestones, especially the ones investors value most. Please enjoy my conversation with Maneesh.

    Find Our Guest, Maneesh Jain, at these links:
    https://www.linkedin.com/in/maneesh-jain-2509388/
    https://www.mirvie.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:43 Episode start, founding Mirvie after leaving GRAIL, finding the biggest unmet need
    04:08 Detecting abnormal developments during pregnancy, the state of the market for pregnancy medicine
    07:23 The maternal health crisis and working to resolve it, finding safe methods of diagnosis
    09:04 Creating a collaborative and supportive environment with aggressive goals, empathy as a core value
    11:55 Fundraising during recessions, hitting your milestones, and creating/proving your own value
    14:08 Finding milestones investors value most, the importance of asking “why” for prioritization
    17:16 What’s in store for Mirvie in the next year or two, shifting paradigms for pregnancy health
    20:20 Shoutouts to people who have supported Maneesh over the years
    22:29 Advice to a 21-year-old self, self and team success are the same thing
    24:37 Outro

    Enriched Notes:

    Topics Mentioned:
    GRAIL https://grail.com/
    Mirvie https://www.mirvie.com/
    Hematology Analyzers https://www.excedr.com/clinical-equipment/hematology-analyzer
    Medical Imaging https://www.excedr.com/blog/medical-imaging-and-radiology-overview
    New Drug Applications https://www.excedr.com/blog/ind-application-process
    FDA Drug Approval Process https://www.excedr.com/blog/fda-drug-approval-process-guide
    Clinical Trials https://en.wikipedia.org/wiki/Clinical_trial
    Principal Investigator https://en.wikipedia.org/wiki/Principal_investigator
    Series A, B, & C Funding https://www.excedr.com/resources/series-funding-explained
    Funding Options for Startups https://www.excedr.com/resources/biotech-startup-funding-options
    What Is a Seed Round https://www.excedr.com/resources/seed-round-funding-explained
    Bootstrapping Your Biotech Startup https://www.excedr.com/resources/how-to-bootstrap-biotech-startup
    Invert (Charlie Munger Model) https://modelthinkers.com/mental-model/inversion
    Stanford Genome Technology Center https://med.stanford.edu/sgtc.html
    Affymetrix https://en.wikipedia.org/wiki/Affymetrix

    People Mentioned:
    Charlie Munger https://en.wikipedia.org/wiki/Charlie_Munger
    Maya Angelou https://en.wikipedia.org/wiki/Maya_Angelou The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    26 min
  • 🧬 Maneesh Jain - Mirvie - Part 2 | Company Size & Innovation | Supply Chain Learnings from Other Industries | Scaling Go-to-Market Strategies | Culture’s Interaction with Mergers & Acquisitions
    Part 2 of 3.

    My guest for this week’s episode is Maneesh Jain, CEO and Co-Founder of Mirvie, a life science company that predicts pregnancy complications before they happen by revealing the underlying biology of pregnancy health. Mirvie is dedicated to shaping the future of pregnancy health through simple, personalized blood tests.

    Before Mirvie, Maneesh was a founder, CEO, or executive of five successful start-ups, which include Parallele Bioscience, Auriphex Bioscience, Ion Torrent, Butterfly Network, and Cirina. All of the businesses successfully exited or commercialized to the likes of Affymetrix, Illumina, Life Technologies, the FDA, and GRAIL, respectively.

    Join us as we sit down with Maneesh to talk about having the confidence to learn new things outside your comfort zone and how it is likely to be a core skill for future generations. Maneesh also discusses leveraging learnings from the semiconductor industry's supply chain to find new paths to innovation.

    Lastly, we cover his thoughts on how to maintain culture when going through mergers and acquisitions, and how using the power of liquid biopsies led to his success at Cirina and later Mirvie. Please enjoy my conversation with Maneesh.

    Find Our Guest, Maneesh Jain, at these links:
    https://www.linkedin.com/in/maneesh-jain-2509388/
    https://www.mirvie.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:38 Episode start, starting Aurifex BioScience, company scale and its effect on innovation
    04:38 Getting out of your comfort zone, having the confidence to learn something new
    06:29 Going to Ion Torrent, leveraged learnings from supply chains in the semiconductor industry
    09:58 Scaling a team and designing go-to-market strategies as the first commercial hire
    13:30 Acquisitions and mergers, keeping culture intact when having a partner company
    15:25 Butterfly Network, clinical applications of using ultrasounds on a chip, democratizing technology
    19:24 Working with the FDA, founding Cirina and the power of liquid biopsies
    22:36 Early detection of cancer, building teams across the world
    25:54 Biggest challenges and triumphs at Cirina, global applications of clinical studies
    27:44 Outro

    Enriched Notes:
    Topics Mentioned:

    Stanford Genome Technology Center https://med.stanford.edu/sgtc.html
    Bootstrapping Your Startup https://www.excedr.com/resources/how-to-bootstrap-biotech-startup
    Illumina https://www.illumina.com/
    DNA Sequencing with Illumina https://www.excedr.com/blog/featured-manufacturer-illumina
    Next Generation Sequencing https://www.excedr.com/biotech-life-sciences/ngs-next-generation-sequencers
    NGS Overview https://www.excedr.com/blog/next-generation-sequencing-101
    454 Life Sciences https://en.wikipedia.org/wiki/454_Life_Sciences
    Medical Imaging https://www.excedr.com/blog/medical-imaging-and-radiology-overview
    FDA https://www.fda.gov/
    Cirina/GRAIL https://grail.com/press-releases/grail-and-cirina-combine-to-create-global-company-focused-on-early-detection-of-cancer/
    Lab Equipment https://www.excedr.com/blog/medical-lab-equipment-list

    People Mentioned:
    Mostafa Ronaghi https://www.linkedin.com/in/mostafa-ronaghi-505440/
    Jonathan Rothberg https://en.wikipedia.org/wiki/Jonathan_Rothberg
    Min Cui https://www.linkedin.com/in/min-cui-64bb178/ The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    29 min
  • 🧬 Maneesh Jain - Mirvie - Part 1 | Fundamental Curiosity & The Value of Perseverance | Entrepreneurship for Societal Impact | “Magic Decades” & Finding Your Niche | The Importance of Scalability & Differentiation
    Part 1 of 3.

    My guest for this week’s episode is Maneesh Jain, CEO and Co-Founder of Mirvie, a life science company that predicts pregnancy complications before they happen by revealing the underlying biology of pregnancy health. Mirvie is dedicated to shaping the future of pregnancy health through simple, personalized blood tests. Before Mirvie, Maneesh was a founder, CEO, or executive of five successful start-ups, which include Parallele Bioscience, Auriphex Bioscience, Ion Torrent, Butterfly Network, and Cirina.

    All of the businesses successfully exited or commercialized to the likes of Affymetrix, Illumina, Life Technologies, the FDA, and GRAIL, respectively. Join us as we sit down with Maneesh to talk about how his fundamental curiosity and perseverance have been a mainstay across his career.

    Maneesh also discusses how he views entrepreneurship as a way to improve lives and make positive societal impacts. Lastly, we cover his time during undergrad and graduate school, how it led to spinning out ParAllele BioScience, and the many lessons its merger with Affymetrix provided. Please enjoy my conversation with Maneesh.

    Find Our Guest, Maneesh Jain, at these links:
    https://www.linkedin.com/in/maneesh-jain-2509388/
    https://www.mirvie.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    02:20 Episode start, Maneesh’s fundamental curiosity and thirst for knowledge, the value of perseverance
    04:43 Entrepreneurship as a way to improve people’s lives and make a societal impact, time at CalTech
    07:02 Undergraduate lab experience, turning knowledge into practical applications, mentors
    09:36 Graduate school at Stanford, taking big open-ended problems and breaking them down
    12:17 Moving to a field that is going to have its “Magic Decade”, transitioning to life sciences
    15:00 Benefits of being a “clean slate”, working at the Stanford Genome Technology Center
    17:24 Finding a project to spin-out, ParAllele BioScience and finding co-founders
    22:28 The importance of showing basic scalability, going through the merger with Affymetrix
    26:30 Learning about product differentiation, understanding technology and market life cycles
    29:50 Outro

    Enriched Notes:
    Topics Mentioned:
    Entrepreneurship https://www.excedr.com/category/entrepreneurship
    Lean Business Plan https://www.excedr.com/resources/how-to-write-lean-business-plan
    Reducing Startup Costs & Expenses https://www.excedr.com/blog/startup-costs-and-expenses
    CalTech https://www.caltech.edu/
    SURF https://www.nist.gov/surf
    Biotech Accelerators https://www.excedr.com/resources/biotech-accelerators
    Accelerator vs. Incubator https://www.excedr.com/resources/accelerator-vs-incubator
    Human Genome Project https://www.genome.gov/human-genome-project
    Stanford Genome Technology Center https://med.stanford.edu/sgtc.html
    Computational Biology https://en.wikipedia.org/wiki/Computational_biology
    ParAllele Bioscience https://www.outsourcing-pharma.com/Article/2005/06/01/Affymetrix-acquires-ParAllele-BioScience
    Tech Transfer https://www.excedr.com/blog/what-is-tech-transfer
    Spinning Out of Academia https://www.excedr.com/resources/how-to-spin-out-of-academia-and-into-a-startup
    Do You Need a Co-founder https://www.excedr.com/resources/do-you-need-a-co-founder-for-your-startup
    Error Bars https://en.wikipedia.org/wiki/Error_bar
    Affymetrix https://www.linkedin.com/company/affymetrix/
    Illumina https://www.illumina.com/

    People Mentioned:
    Amnon Rariv https://www.linkedin.com/in/amnon-yariv-12a75766/
    Ron Davis https://www.linkedin.com/in/ron-davis-56a34852/ The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    31 min
  • 🧬 Alok Tayi - Vibe Bio - Part 3 | Biotech2050 Podcast Origins | Facilitating Innovation Conversations in Biotech | Vibe Bio’s Mission & Funding Cures Instead of Finding Them | Non-Linear Growth & Thinking Long Term
    Part 3 of 3.

    My guest for this week’s episode is Alok Tayi, Founder of Vibe Bio, a life science company that funds and guides high-potential drug programs through value inflection points. Vibe Bio’s core comprises a community of scientists, patients, and partners dedicated to helping biotechs find the promising treatments that patients deserve.

    Prior to founding Vibe Bio, Alok started and ran several life science-focused software companies, including PreScouter, TetraScience, and the Life Sciences division at Egnyte. Join us as we sit down with Alok to talk about the origins of the Biotech2050 podcast, how serendipity has played a role in his career, and how he does his best to create those opportunities for others.

    Alok also discusses how medical conditions in his family led to Vibe Bio’s creation, and how Vibe’s goal is to pinpoint diseases with unmet needs, leveraging AI to find medicines with the highest chances of providing cures. Lastly, learn how Vibe Bio can offer newly spun-out biotechs benefits at every inflection point. Please enjoy my conversation with Alok Tayi.

    Find Our Guest, Alok Tayi, at these links:
    https://www.linkedin.com/in/aloktayi/
    https://www.vibebio.com
    https://www.biotech2050.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:44 Episode start, starting the Biotech2050 Podcast, biotech innovation and facilitating those conversations
    05:20 Fostering connections, serendipity’s effect on Alok’s journey and creating those opportunities for others
    08:26 Diseases in the family and how they sparked Vibe Bio’s mission, the challenge of funding cures rather than finding them
    10:47 Developing medicine from outside the industry, democratizing the drug development domain
    12:54 Exponential scaling in expenses leads to medicines gravitating toward economic potential, recency bias
    14:34 “Activation energy”, pinpointing unmet needs in industry and leveraging AI to find highest potential cures
    17:26 Key inflection points to know, what Vibe Bio brings to those inflection points
    20:58 Vibe Bio’s plans during the next couple of years
    22:37 Alok’s shout outs, giving advice to a younger self, growth is non-linear, think long term
    25:18 Outro

    Enriched Notes:
    Topics Mentioned:
    Biotech2050 Podcast https://www.biotech2050.com/
    Clora https://www.clora.com/
    JPM Conference https://www.jpmorgan.com/about-us/events-conferences/health-care-conference
    Biotech Podcasts to Listen To https://www.excedr.com/blog/biotech-podcasts-to-listen-to
    Vibe Bio https://www.vibebio.com/
    What Is Capital Outlay https://www.excedr.com/blog/what-is-capital-outlay
    Venture Capital https://www.excedr.com/category/venture-capital
    Angel Investors https://www.excedr.com/resources/angel-funding-and-angel-investors
    Seed Round https://www.excedr.com/resources/seed-round-funding-explained
    Series A, B, & C Funding https://www.excedr.com/resources/series-funding-explained
    Activation energy https://www.britannica.com/science/activation-energy
    Slush Fund https://en.wikipedia.org/wiki/Slush_fund
    Tech Transfer https://www.excedr.com/blog/what-is-tech-transfer
    Spinning Out of Academia https://www.excedr.com/resources/how-to-spin-out-of-academia-and-into-a-startup

    People Mentioned:
    Rahul Chaturvedi https://www.linkedin.com/in/rahulchaturvedi/
    Sam Stupp https://stupp.northwestern.edu/cv/
    George Whitesides https://www.linkedin.com/in/george-whitesides-7ba1189/
    John Kelty https://www.linkedin.com/in/john-kelty-96926885 The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    27 min
  • 🧬 Alok Tayi - Vibe Bio - Part 2 | Transitioning Into Entrepreneurship | The Importance of Sales Experience for Founders | The Power of a .edu Email | Managing Personnel During Hyperscaling
    Part 2 of 3.

    My guest for this week’s episode is Alok Tayi, Founder of Vibe Bio, a life science company focused on funding & guiding high-potential drug programs through value inflection points. Vibe Bio’s core comprises a community of scientists, patients, and partners dedicated to helping biotechs find the promising treatments that patients deserve.

    Prior to Vibe Bio, Alok started and ran several life science-focused software companies, including PreScouter, TetraScience, and the Life Sciences division at Egnyte. Join us as we sit down with Alok to talk about his transition into entrepreneurship from academia and how that experience led to PreScouter.

    Alok also covers his experience navigating the tech transfer ecosystem and offers some key takeaways from his time as a serial founder. Alok also discusses founding TetraScience, his time at Egnyte hyperscaling its life sciences division during Covid, and tips for managing people during that rapid growth. Please enjoy my conversation with Alok Tayi.

    Find Our Guest, Alok Tayi, at these links:
    https://www.linkedin.com/in/aloktayi/
    https://www.vibebio.com

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:50 Episode start, Alok’s transition into entrepreneurship, the origins of PreScouter
    03:35 Learning the go-to-market aspect of building business, the importance of doing sales
    06:14 Enterprise sales and its duality, PreScouter takeaways for founders, the power of a .edu email address
    09:28 Navigating the tech transfer ecosystem, taking tech from one industry to an adjacent one
    11:13 How TetraScience came about, efficiency and data capture for science,
    16:17 Moving on to Egnyte, building out the life science business unit, scaling from 1 to 60 employees
    18:22 Experience working through Covid, biotech’s rapid growth and building something large quickly
    22:11 Managing personnel during hyperscaling, importance of keeping your people on the same page
    25:40 Outro

    Enriched Notes:
    Topics Mentioned:
    Entrepreneurship https://www.excedr.com/category/entrepreneurship
    Marketing & Sales Strategies for Startups https://www.excedr.com/blog/marketing-sales-strategies-for-biotechs
    Principal Investigator (PI) https://en.m.wikipedia.org/wiki/Principal_investigator
    PreScouter https://www.prescouter.com/home/
    Enterprise Sales https://blog.hubspot.com/sales/enterprise-sales
    Tech Transfer https://www.excedr.com/blog/what-is-tech-transfer
    Spinning Out of Academia https://www.excedr.com/resources/how-to-spin-out-of-academia-and-into-a-startup
    TetraScience https://www.tetrascience.com/
    Machine Learning https://en.wikipedia.org/wiki/Machine_learning
    Egnyte https://www.egnyte.com/
    Capital Outlay https://www.excedr.com/blog/what-is-capital-outlay
    Bootstrapping & Scaling Your Startup https://www.excedr.com/resources/how-to-bootstrap-biotech-startup
    Creating a Budget for Your Startup https://www.excedr.com/resources/how-to-create-budget-biotech-startup
    What is CapEX https://www.excedr.com/blog/what-is-capex
    Lattice Mismatch https://www.sciencedirect.com/topics/materials-science/lattice-mismatch


    People Mentioned:
    Vineet Jain https://www.linkedin.com/in/vineetkjain/
    Rajesh Ram https://www.linkedin.com/in/ramrajesh/
    Amrit Jassal https://www.linkedin.com/in/amritjassal/
    Kris Lahiri https://www.linkedin.com/in/kris-lahiri-135bb2/
    David Spitz https://www.linkedin.com/in/davidspitz/ The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    27 min
  • 🧬 Alok Tayi - Vibe Bio - Part 1 | Combining Software & Science | The Influence of Serendipity on Trajectory | The Critical Importance of Mentors | Working to Make an Impact & Solve Problems
    Part 1 of 3.

    My guest for this week’s episode is Alok Tayi, Founder of Vibe Bio, a life science company focused on funding & guiding high-potential drug programs through value inflection points. Vibe Bio’s core is a community of scientists, patients, and partners that are dedicated to helping biotechs find the promising treatments that patients deserve.

    Prior to Vibe Bio, Alok started and ran several life science-focused software companies, including PreScouter, TetraScience, and the Life Sciences division at Egnyte.

    Join us as we sit down with Alok to talk about how his experience at SUNY as a teenager sparked his journey into science and showed him the combination of software and science that has been a common trend throughout his career.

    Alok also speaks to the importance of mentors, especially those he found at Cornell, Northwestern, Tokyo, and Harvard. Alok also covers how his time as a postgraduate working with George Whitesides changed his outlook on how to think, focusing on how to make an impact. Please enjoy my conversation with Alok Tayi.

    Find Our Guest, Alok Tayi, at these links:
    https://www.linkedin.com/in/aloktayi/
    https://www.vibebio.com

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:45 Episode start, Alok’s early journey into science, the combination of software and science
    03:41 Serendipitous timing and its influence on Alok’s trajectory, the intersection of tech and biotech, the importance of good mentors
    06:33 Experience at Cornell, the growth of materials science after the dot com bubble burst, motivation to get a PhD
    09:45 Choosing Northwestern for a PhD, the benefits of working in Sam Stupp’s lab
    14:27 Equipment in labs not being utilized, the difficulty of keeping people in the scientific discipline
    18:33 Being a JSPS Fellow at University of Tokyo, Japan’s culture of hard work and other differences
    23:33 Time at Harvard, pursuing a postdoc with George Whitesides
    25:55 George Whitesides’ view on how does one think, working on things that have an impact, solving problems
    28:17 Outro

    Enriched Notes:
    Topics Mentioned:

    University at Albany, SUNY https://www.suny.edu/
    Materials Science https://en.wikipedia.org/wiki/Materials_science
    General Lab Equipment https://www.excedr.com/general-lab-equipment
    Liquid Handlers https://www.excedr.com/general-lab-equipment/liquid-handler
    Industrial Robots https://www.excedr.com/general-lab-equipment/industrial-robots
    High Content Imaging https://www.excedr.com/blog/an-introduction-to-high-content-imaging
    What Are Immunoassays https://www.excedr.com/resources/what-are-immunoassays
    Cell Imaging Systems https://www.excedr.com/microscopes/cell-imaging-system
    Bioanalyzers https://www.excedr.com/blog/how-does-a-bioanalyzer-work
    Nanotechnology https://en.wikipedia.org/wiki/Nanotechnology
    Molecular Biology https://www.excedr.com/blog/what-is-molecular-biology
    X-Ray Crystallography https://en.wikipedia.org/wiki/X-ray_crystallography
    Organic Electronics https://en.wikipedia.org/wiki/Organic_electronics
    Northwestern University https://www.northwestern.edu/
    Science Exchange https://ww2.scienceexchange.com/s/
    Scientific Equipment Leasing https://www.excedr.com/leasing
    Staffing Your Startup https://www.excedr.com/blog/staffing-your-startup
    “Todai” University of Tokyo https://www.u-tokyo.ac.jp/en/
    JSPS Fellowship https://www.jsps.go.jp/english/e-fellow/
    Harvard University https://www.harvard.edu/
    Li Ka Shing Center https://bds.berkeley.edu/lks
    Quad Chart https://en.wikipedia.org/wiki/Quad_chart
    First Principles https://fs.blog/first-principles/

    People Mentioned:
    Michael Carpenter https://www.linkedin.com/in/michael-carpenter-a6705a142/
    George Malliaras https://www.linkedin.com/in/georgemalliaras/
    Sam Stupp https://stupp.northwestern.edu/cv/
    George Whitesides https://www.linkedin.com/in/george-whitesides-7ba1189/
    Stephen Sass https://www.mse.cornell.edu/news/memorial-stephen-l-sass
    Elizabeth Iorns https://www.linkedin.com/in/elizabethiorns/
    Fraser Stoddart https://stoddart.northwestern.edu/fraser-stoddart/
    Aida Takuzo https://www.linkedin.com/in/aida-takuzo-b38672150/ The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    31 min
  • 🧬 James Evans - PhenoVista - Part 3 | Being a Scrappy Founder | Adapting to Change & Learning to Pivot | The Importance of Professional Business Development | Setting Client Expectations
    Part 3 of 3.

    My guest for this week’s episode is James Evans, Founder and CEO of PhenoVista Biosciences, a contract research organization that works with biopharma clients of all sizes, from start-ups to established global companies.

    Before starting PhenoVista, James spent a decade at MIT’s Whitehead Institute for Biomedical Research as a Postdoc, a Research Scientist, and finally, Director of the Bioimaging Center.

    Join us as we sit down with James to talk about how important it is to be scrappy as an entrepreneur, and how it is critical to adapt to change, as plans rarely remain unaltered. James also speaks to the importance of professional business development and how acquiring that skillset was a huge unlock for PhenoVista. J

    James also covers the importance of setting client expectations, and discussing what is coming in the next year for PhenoVista. Please enjoy my conversation with James Evans.

    Find Our Guest, James Evans, at these links:
    https://www.linkedin.com/in/jamesgevans/
    https://phenovista.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:45 Episode start, finding first lab space, incubator/shared space vs standard lab lease
    04:10 Being scrappy, having a plan versus having a strategy, adapting to change
    07:08 Phases of company growth,  in-house business development, professionalizing operations for scale and outside investors
    08:34 Tips for improving sales and marketing, always trying new things
    10:30 Difference between working with large and small clients, setting expectations with clients
    12:49 PhenoVista’s coming year, new services in cell & gene therapy, functional assays, toxicology, fundraising for future growth
    14:00 Shout-outs to people who helped along the way
    15:47 Advice to James’ younger self, dealing with stress, physical and mental health
    17:23 Outro

    Enriched Notes:

    Topics Mentioned:
    Lab Equipment https://www.excedr.com/category/lab-equipment
    First Set of Equipment https://www.excedr.com/general-lab-equipment
    Autoclave https://www.excedr.com/general-lab-equipment/autoclave
    CO2 Incubator https://www.excedr.com/general-lab-equipment/co2-incubator
    Centrifuge https://www.excedr.com/blog/what-is-a-centrifuge
    Lab Automation/Robotics https://www.excedr.com/general-lab-equipment/industrial-robots
    Lab Balance https://www.excedr.com/general-lab-equipment/lab-balance 
    Lab Shaker https://www.excedr.com/general-lab-equipment/lab-shaker
    Liquid Handler https://www.excedr.com/general-lab-equipment/liquid-handler
    Ultra Low Temp Freezer https://www.excedr.com/general-lab-equipment/ultra-low-temperature-freezer
    Biotech/Life Science Equipment https://www.excedr.com/biotech-life-sciences
    Cell Counter/Analyzer https://www.excedr.com/biotech-life-sciences/cell-counter
    Flow Cytometer/Cell Sorter https://www.excedr.com/biotech-life-sciences/flow-cytometer
    Microplate Reader https://www.excedr.com/biotech-life-sciences/microplate-reader
    RT-PCR https://www.excedr.com/biotech-life-sciences/pcr-systems
    Used Lab Equipment https://www.excedr.com/blog/buying-used-equipment
    Refurbished Lab Equipment https://www.excedr.com/blog/refurbished-lab-equipment
    Startup Bootstrapping https://www.excedr.com/resources/how-to-bootstrap-biotech-startup
    Writing a Lean Business Plan https://www.excedr.com/resources/how-to-write-lean-business-plan
    Marketing, Sales, & Business Development https://www.excedr.com/blog/marketing-sales-strategies-for-biotechs
    Reducing Costs & Improving Efficiencies https://www.excedr.com/blog/startup-costs-and-expenses
    Cell Painting & High Content Imaging https://www.excedr.com/blog/an-introduction-to-high-content-imaging
    Biotechnology Funding Options https://www.excedr.com/resources/biotech-startup-funding-options

    People Mentioned:
    Alan McNeilly https://www.linkedin.com/in/alan-mcneilly-a497a025/?originalSubdomain=uk
    Pamela Brown https://www.linkedin.com/in/pamela-brown-a8140a1a/?originalSubdomain=uk
    Paul Matsudaira https://www.linkedin.com/in/paul-matsudaira/
    Ivan Correia https://www.linkedin.com/in/ivan-correia-mba-phd-9b026576/
    Sanjoy Ray https://www.linkedin.com/in/sanjoy-ray-1236051/
    PhenoVista Advisors: https://phenovista.com/advisors
    PhenoVista Team: https://phenovista.com/our-team The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    19 min
  • 🧬 James Evans - PhenoVista - Part 2 | Leaving Academia for Industry | How to Handle Miscommunication | Creating a Truly Diverse Company Culture | Being Bootstrapped & Forging a Business Model in the Real World
    Part 2 of 3.

    My guest for this week’s episode is James Evans, Founder and CEO of PhenoVista Biosciences, a contract research organization that works with biopharma clients of all sizes, from start-ups to established global companies.

    Before starting PhenoVista, James spent a decade at MIT’s Whitehead Institute for Biomedical Research as a Postdoc, a Research Scientist, and finally, Director of the Bioimaging Center.

    Join us as we sit down with James to talk about his choice to leave MIT and the job that initiated his move to San Diego where he met his co-founder. James also offers insight into what the early days at PhenoVista were like, and how important it is to learn to tackle miscommunication early.

    Hear firsthand about the difficulties of running a bootstrapped business, how company growth leads to recurring issues that need solving, and how James forged a business model in the real world. Please enjoy my conversation with James Evans.

    Find Our Guest, James Evans, at these links:
    https://www.linkedin.com/in/jamesgevans/
    https://phenovista.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/

    Timestamps:
    00:00 Intro
    01:44 Episode Start
    02:37 Choosing to leave MIT, the hard way of learning how to defend your data
    04:53 Moving to San Diego, meeting PhenoVista’s co-founder (Tony), early days of the company
    06:28 Gathering momentum, making the first outside hire (Erika), learning how to handle miscommunication
    09:19 Hard lessons learned from moving from academia into a startup
    11:06 Experience moving from East Coast to West Coast, creating a truly diverse company culture
    13:34 Running a business is incredibly hard, solving recurring problems as the company grows
    15:54 Biggest driving factor for creating PhenoVista, democratized access to phenotypic screening
    17:40 Being bootstrapped vs. venture capital backed, forging a business model in the real world
    20:35 Outro

    Enriched Notes:

    Topics Mentioned:
    High-Content Imaging https://www.excedr.com/blog/an-introduction-to-high-content-imaging Phenotypic Screening https://en.wikipedia.org/wiki/Phenotypic_screening
    Spinning Out of Academia: https://www.excedr.com/resources/how-to-spin-out-of-academia-and-into-a-startup
    Creating a Budget for Your Startup (VC or Bootstrapped): https://www.excedr.com/resources/how-to-create-budget-biotech-startup
    A Guide to Grant Funding: https://www.excedr.com/resources/grants-public-funding-biotech-startups
    Financing Options for Your Startup: https://www.excedr.com/resources/debt-equity-options-funding-startup
    How to Limit Co-Founder Disputes: https://www.excedr.com/resources/how-to-limit-co-founder-legal-disputes
    How to Write a Lean Business Plan: https://www.excedr.com/resources/how-to-write-lean-business-plan
    How to Bootstrap Your Biotech Startup: https://www.excedr.com/resources/how-to-bootstrap-biotech-startup
    Fuji Film https://www.fujifilm.com/us/en
    EBITDA https://www.investopedia.com/terms/e/ebitda.asp

    People Mentioned:
    Paul Matsudaira https://www.linkedin.com/in/paul-matsudaira/
    Anthony “Tony” Essex https://www.linkedin.com/in/anthony-essex-ph-d-85671846/
    Erika Martin https://www.linkedin.com/in/erika-martin-b357327/ The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    22 min
  • 🧬 James Evans - PhenoVista - Part 1 | Skateboarding, Resilience, & Problem Solving | The Importance of Hands-On Lab Experiences | The Elegant Simplicity of Trial & Error | Running the Whitehead Institute’s Core Facility
    Part 1 of 3.

    My guest for this week’s episode is James Evans, Founder and CEO of PhenoVista Biosciences, a contract research organization that works with biopharma clients of all sizes, from start-ups to established global companies.

    Before starting PhenoVista, James spent a decade at MIT’s Whitehead Institute for Biomedical Research as a Postdoc, a Research Scientist, and finally, Director of the Bioimaging Center.  Join us as we sit down with James to discuss his late-blooming love of science and how his childhood extracurriculars taught him resilience and problem solving.

    James also offers insight into how important his hands-on lab experience was and how crucial it is to have a mentor that nurtures new talent. Learn more about why he left Harvard for MIT's Whitehead Institute, and how his experiences there further fueled his passion for imaging. Please enjoy my conversation with James Evans.

    Find Our Guest, James Evans, at these links:
    https://www.linkedin.com/in/jamesgevans/
    https://phenovista.com/

    Find Our Host, Jon Chee, at these links:
    https://www.linkedin.com/in/jonchee
    https://www.excedr.com

    Social & Website
    LinkedIn: https://www.linkedin.com/company/excedr/
    Youtube: https://www.youtube.com/@excedr
    Instagram: https://www.instagram.com/excedr_inc
    Twitter: https://twitter.com/ExcedrInc
    Facebook: https://www.facebook.com/excedr
    TikTok: https://www.tiktok.com/@excedr
    Podcast Website: https://www.thebiotechstartupspodcast.com/
     
    Timestamps:
    00:00 Intro
    02:14 Episode start
    03:38 Non-academic ways of learning resilience, problem solving, and a rebellious nature
    06:00 The Belgian lab that lit a fire of inspiration and interest in biology
    09:52 Hands-on, functional university experience, the importance of getting research exposure
    11:32 Going to Edinburgh for his PhD, differences in experience and nurturing new talent
    14:29 Cutting edge molecular biology, choosing to go overseas from Edinburgh to Harvard
    17:11 The reason for wanting to switch to the Whitehead Institute, a passion for imaging
    19:53 Collaborations with industry, leveraging imaging for computational systems biology
    22:30 Helping grad students, common sense approaches to finding quick, reliable answers to questions
    26:26 Outro

    Enriched Notes:

    Topics Mentioned:
    Kickflip https://www.wikihow.com/Kickflip-on-a-Skateboard
    UK A-Levels https://en.wikipedia.org/wiki/A-level
    Erasmus Program https://en.wikipedia.org/wiki/Erasmus_Programme
    Coventry University https://www.coventry.ac.uk/
    Mouth Pipetting https://incubator.rockefeller.edu/origins-of-the-pipette-why-todays-scientists-dont-need-to-use-their-mouths/
    Transfection https://en.wikipedia.org/wiki/Transfection
    Whitehead Institute https://wi.mit.edu/
    Computational Systems Biology http://catalog.mit.edu/interdisciplinary/graduate-programs/computational-systems-biology/
    High Content Screening https://en.wikipedia.org/wiki/High-content_screening

    People Mentioned:
    Alan McNeilly https://www.linkedin.com/in/alan-mcneilly-a497a025/?originalSubdomain=uk
    Pamela Brown https://www.linkedin.com/in/pamela-brown-a8140a1a/?originalSubdomain=uk
    Paul Matsudaira https://www.linkedin.com/in/paul-matsudaira/
    Sanjoy Ray https://www.linkedin.com/in/sanjoy-ray-1236051/The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.
    28 min

About The Biotech Startups Podcast

From the publisher's feed

The Biotech Startups Podcast by Excedr features weekly conversations with founders, scientists, and investors driving biotech innovation. Host Jon Chee dives into the challenges of building biotech…

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