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Reinventing Biotech’s Business Model — Corey Goodman (right), the co-founder and partner with venBio, chatted with a couple of guests before leading off the opening keynote chat with John Mendlein, the chairman and CEO of aTyr Pharma. Both Corey and John sported their Seattle-style fleeces—smart move.

Science is a risky business, and when money is tight, the margin for error gets narrower for those who dare to build biotech companies. Part of what that means is the CEO, or the head of R&D, sometimes ends up being a visionary as well as the chief cook and bottle washer.

“When you’re building a team today, you need to have people with enough former company T-shirts to knit together a quilt in a nursing home,” quipped Bruce Montgomery, the founder and CEO of Seattle-based Cardeas Pharma.

To read the full, original article click on this link: Reinventing Biotech’s Business Model: The Photo Gallery | Xconomy