
Developing The Next Big Thing
Med Tech Gurus
00:00
The Importance of Resetting Expectations
I'm just kind of curious in a sense from your opinion if you think that walking away for that period of months really at the end helped them be a better partner. If you might go down the right path there. Well, we had to reset expectations. There had been some spectacular out licensing deals from universities that have resulted in major companies. And so today universities believe that they are all sitting on crown jewels and that their technology could become the next big thing. Most of the successful biotechs that I know of take eight to nine years to reach success.
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