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Contact: Karen J. Hanson
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BioStrategy Partners Releases White Paper on Life Sciences Entrepreneurship

Elkins Park, PA, June 3, 2010 – BioStrategy Partners, Inc. (BioSP), a nonprofit capacity-building organization for idea-stage life sciences companies and university-based research projects in the Greater Philadelphia region, today released its first White Paper on life sciences entrepreneurship View PDF.

“BioSP specializes in first-time entrepreneurs, scientific founders, and technology transfer – where life sciences innovation originates and the small firms that embody entrepreneurial values and cutting-edge technologies are born,” said Executive Director Karen J. Hanson, Ph.D.  “As a result of our work over the past six years, we have developed specialized knowledge and expertise, which we’d like to contribute to regional technology commercialization efforts.  This White Paper is a first step in that direction.  We believe that focusing the region’s considerable life sciences resources on the needs of beginners will propel our region into first place in the next Milken Report.”

According to the Milken Institute’s 2009 report on the life sciences cluster in Greater Philadelphia,
while ranked second in the nation overall, the Greater Philadelphia region’s weakest performance was in the Small Business Vitality Index, where it placed 9th out of 11 regions.  The Greater Philadelphia region also trailed the 11-metro average in patents issued, university licenses/options executed, and university licensing income received.

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Founded in 2004, BioStrategy Partners is a capacity-building organization providing technology and business development services to idea-stage projects and companies in the Greater Philadelphia region. BioSP specializes in offering business guidance and support to first-time entrepreneurs, scientific founders, technology transfer officers and principal investigators.  For more information, please visit our web site, http://www.biostrategypartners.org.

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