Master Your Money

Pharmaceutical and Biotech Seed Capital Investing with Bill Garner, M.D. (3 of 4)

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Sinopsis

Question 3: What was your best day? There are priceless experiences. Like having lunch and a lot of drinks with Sir James Black who developed beta-blockers and drugs like Tagamet. Selling a bunch of stock from my couch in PR so I could fund several more deals. Question 4: Tell us about your first deal. What was it like? What was the most important lesson? Reputation is essential. I had cold called a NASDAQ-listed company about a merger and they took us seriously as their former general council and I had done a project at the Kauffman Foundation together. Question 5: Was your second deal any easier? Only slightly. Our clinical science was taking on a huge vested interest in the pharma industry. We had a way to do away with the side-effects, like risk of death, associated with the big asthma medications you see advertised on TV. We still got the company listed. Question 6: What about your 3rd deal? It was still not easy. But by this time there were a few investors who essentially said I have a bit of capital