What are the key elements for those pitches? I started in the world of manufacturing, and if you ever have the chance to work at a manufacturing plant, every line worker and engineer in a manufacturing plant will complain about how crummy the designs they get are. Michael Schrader is co-founder and CEO of Vaxess Technologies, an innovative Cambridge-based company revolutionizing vaccine stabilization and delivery through the development of novel silk-based technologies both in-house as well as through partnerships with leading vaccine and biopharma companies. Retrieved 18 May What is the long-term vision for the company?
There are all of these operational day-to-day challenges that nobody really has insight into until they take the plunge of leading a company. Many of them create jobs and help transform industries. We knew little about RNA – we had never worked with it. What skills and insights from your work in the auto industry have come in useful as the CEO of Vaxess? First and foremost I would reiterate the importance of candor, honesty, and openness. Michael Schrader is co-founder and CEO of Vaxess Technologies, an innovative Cambridge-based company revolutionizing vaccine stabilization and delivery through the development of novel silk-based technologies both in-house as well as through partnerships with leading vaccine and biopharma companies.
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The rules of the contest state that at least one team member must be a Harvard MBA candidate, and some teams include members from other professions. The company provides a smartphone application that lets consumers book and pay taxis conveniently and transparently.
Stay updated with new content every 2 weeks: We knew little about RNA – we had never worked with it. Retrieved 22 March Identifying the problem is a huge challenge for many technology startups.
Living in this ecosystem allows us to focus on the truly important tasks: Retrieved 7 May Stay updated with new content! Vaxess was founded in based on work primarily from Tufts, but also a couple of bsiness academic institutions as well that had shown that silk had really unique stabilizing properties for sensitive compounds.
If you come in with a team of only business people, they can provide a great business case but the technical aspect is missing. They do for the military what LinkedIn does for business. Under that approach a company will get insights from someone who is not working on a particular project team but has some other inspiration that they can draw on to make that program better.
I could do corporate strategy and product planning way better than is currently done. You can also create reasonably insoluble constructs for sustained drug release delivery. Many of them create jobs and help transform industries.
Vaxess Technologies | EquityNet
The most common immune-stimulating adjuvant is alum, present in about half of vaccines today. That candor, openness, and honesty is very important when building partnerships. The auto industry background, quite frankly, has helped very, very little with the technical challenges we encounter in vaccine stabilization.
For example, orthopedic screws have even been made from this protein. We were fantastically lucky to have a number of entrepreneurs who were two or three years ahead help us through the day-to-day logistics of getting a startup off the ground.
Secondly, self-assembly is an amazing property that you can advantage of. Retrieved 4 February What is the long-term vision for the company?
Businrss management team can focus on fundraising, hiring, organizational and business development, and strategy as opposed to having to spend all of this time thinking about getting a lab up and running, hiring architects, and building businesd out. Retrieved 5 April Retrieved 19 December And more importantly, who should venture capitalists, investment bankers, and others watch as a future hot IPO opportunity?
Of course, as you move up the management chain, that vision expands.
Retrieved 14 August Their philosophy is that information is spread on business need-to-know basis. Retrieved 4 June Archived from the original on 12 May No one teaches you how to do sales, sell to partners, set up payroll, set up an accounting ledger and maintain your books, or how to sign leases for lab space.