Bruce Booth, the biotech venture capitalist known for his social media savvy, sent a Tweet last month that caught my eye. He tweeted in reference to the number of academic spinoffs reported in the 2012 AUTM Licensing Survey Report, “What % biotech? My bet, ~ half.”
Extrapolating from Top U.S. universities, institutes for life sciences in 2012 and AUTM data, perhaps 63 percent of academic startups formed in 2012 were biotech or in “life sciences.” Working from a set of 639 startups, that would equate to 402 biotech startups formed in 2012.
Image: http://www.xconomy.com
To read the original article: Are Universities Creating Too Many Biotech Startups? | Xconomy
