| Topic Name: |
Biotech to VC/IB |
| Message Name: |
Thoughts on thoughts..... |
| Date Posted: |
11/13/2006 |
| In Reply To: |
1) I know relatively little about US schools, but clearly Harvard and Stanford's reputations speak for themselves. I can't imagine that these sorts of companies requiring specific qualifications (ie MD) would recruit from one and not the other.
2) It is your medical understanding that you need to sell, ie ability to look at a business plan and understand what is important with this particular drug or device, why it is better than the current products, and analyse the market, the need etc. You could revise the clotting cascade in half an hour or so and therefore could get straight into the rest of it. A non-medic may take a day or two to learn it and so will work more slowly.
Sure having relevant industry experience is a big plus but very few doctors will have. Spending a year or two in drug development would be v useful.
3) I would recommend approaching every firm in The World that you would be happy to work for. If you start looking at one or two companies/deals you will see that it is a pretty small World and it is easy to see which companies are solid and which are making deals.
Hope that helps |
| Message: |
Londoc: Thanks very much this is very helpful
Just as a matter of interest it would be good to know of any current UK or US MDs applying for Round 2 as I am more or less all the way there with my application and it would be interesting to start networking early with any potential MBA colleagues.
Thanks
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