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About

EI

Elizabeth Irans

02/24/15

@ Y Combinator

Biotech and medical device companies have shown success in the YC program, benefiting from focused milestones during the three-month period.

Video

YC

YC Panel at Female Founders Conference 2015

@ Y Combinator

YC Panel at Female Founders Conference 2015

02/24/15

Related Takeaways

EI

Elizabeth Iorns

09/14/17

@ Y Combinator

Biotech companies often use their time in Y Combinator to conduct critical path experiments and work with external companies for proof of concept studies, which can advance their regulatory filing status.

EI

Elizabeth Iorns

09/14/17

@ Y Combinator

During the three-month Y Combinator program, biotech companies focus on refining their go-to-market strategy and understanding market requirements, which helps them secure necessary funding and capital.

EI

Elizabeth Iorns

09/14/17

@ Y Combinator

Biotech companies benefit from Y Combinator through access to capital, fundraising expertise, and interaction with diverse sectors, which can lead to unexpected advantages.

YC

Y Combinator Cast

08/23/24

@ Y Combinator

Some YC companies are achieving profitability quickly, allowing them to focus on building their business without the pressure of additional funding rounds.

EI

Elizabeth Iorns

09/14/17

@ Y Combinator

Many biotech companies have raised significantly more capital through Y Combinator than they would have in traditional biotech venture settings, with over $200 million raised for these companies.

EI

Elizabeth Iorns

09/14/17

@ Y Combinator

There's a significant gap in funding for early-stage biotech discoveries, leading many companies to apply to Y Combinator when they have initial data suggesting a promising approach to curing diseases.

EI

Elizabeth Iorns

09/14/17

@ Y Combinator

Programs like Y Combinator offer frameworks and confidence for entrepreneurs, clarifying the risks and opportunities in starting a biotech company.

YC

Y Combinator Cast

01/13/21

@ Y Combinator

During the three-month Y Combinator program, the entire team focuses solely on growing the company and its numbers, which is extremely beneficial.

EI

Elizabeth Iorns

09/14/17

@ Y Combinator

Successful biotech funds often incubate ideas internally before spinning them out as independent companies, which has proven effective in the industry.