Interview with DeLuca offers tips for biotech entrepreneurs
MADISON If you stand on your tiptoes and squint, you can almost read the framed documents hanging in the lobby of UW Madison's new $35.6 million biochemistry building.
Patents numbered 3,565,924 and 3,697,559 were issued to Hector Floyd DeLuc......
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a patent and hope someone else will build a company around it. He believes WARF needs help convincing industry to close a deal. "It's very important that the inventor play a role" in the sales pitch, DeLuca said. "Industry will listen to a scientist."
WARF's spokesman agreed that researchers could play a valuable role in helping the university share their discoveries with industry. "We h......Full article >>>
f money. "If you spend too much on window dressing, it's going to fail," DeLuca says.
Knowing how crippling it is to run out of cash, DeLuca cautions would-be entrepreneurs against recruiting flashy executives who cost tons of money. Instead, he recommends doing only what is absolutely essential to get one's technology into the hands of the public as soon as possible.
Befor......Full article >>>
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