BayBiotech.NET While a biotech start-up faces numerous challenges, it must give a top priority to incorporate compliance and quality standards from the beginning in day to day operations. Due to the nature of business for a biotech, it is of utmost importance to understand the regulations around the line of product and implement into the business for future audits and mitigations. A key element in developing successful regulatory strategy is to prepare a plan that is simple enough to be understood and communicated by all—the business, technical, and legal staff—who will ultimately be responsible for carrying out the plan. Apart from compliance, there are several other key points that a start-up biotech must consider and focus on to make the most of it’s intial investments for future growth. To read more about it, follow the link: Top 10 Legal Issues Biotech Start-Ups Must Address.
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