Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why does CMDF make follow-on investments in a company?

April 26, 2017cmdf COMPANY follow-on investments

0

Posted

Why does CMDF make follow-on investments in a company?

1 Answer

0

Posted

Because the road to commercialization of a new therapeutic product is long, venture investing in biotechnology is typically geared to companies achieving their stated milestones. Therefore, an investment in a biotechnology company is divided into tranches of financing depending on where the company is in their development cycle.