Product cycle is much slower in the biomed industry and much more expensive. Potential financial gains are high, but risk is also very high. Even getting started in this industry means a hefty investment is necessary.
In short, not really suitable for a YC-like incubator.
At least not at this point.
Product cycle is much slower in the biomed industry and much more expensive. Potential financial gains are high, but risk is also very high. Even getting started in this industry means a hefty investment is necessary.
In short, not really suitable for a YC-like incubator. At least not at this point.