Innovative Vascular Therapeutics LLC
Blog Post 1
Ever since Innovative Vascular Therapeutics was announced as one of the winners of CAI’s Neuro Startup Challenge, we knew we’d be facing some changes as a team. Primarily, we had to decide on our next steps. Some choices, like incorporation, were clear. Others were more ambiguous. Would we put our winnings towards an exclusive license? Should we arrange for laboratory space? Should we contact CMOs?
How about we change the scope of our company entirely?
The way we see it, successful companies must exhibit some degree of flexibility in order to adapt to new situations. As a startup, one of the key advantages we have is our flexibility, and the audacity to use it. The technology we’re working with is extremely exciting in terms of the potential applications it holds, and with our most recent shift, we think our company is poised to offer an incredible solution to one of the costliest medical problems in our field today.
Of course, it goes without saying that our work will be cut out for us in the near future, but our next moves are beginning to gather steam – we’re working on an updated business plan, as well as a CRADA with the PI of our technology, Dr. Lin. The research coming out of her lab is frankly amazing, and we look forward to sharing our progress in the coming months – It’s going to be a game changer.
Stay tuned.
-Kevin Chiu, Managing Member IVT LLC
ivtherapeutics.llc@gmail.com
How about we change the scope of our company entirely?
The way we see it, successful companies must exhibit some degree of flexibility in order to adapt to new situations. As a startup, one of the key advantages we have is our flexibility, and the audacity to use it. The technology we’re working with is extremely exciting in terms of the potential applications it holds, and with our most recent shift, we think our company is poised to offer an incredible solution to one of the costliest medical problems in our field today.
Of course, it goes without saying that our work will be cut out for us in the near future, but our next moves are beginning to gather steam – we’re working on an updated business plan, as well as a CRADA with the PI of our technology, Dr. Lin. The research coming out of her lab is frankly amazing, and we look forward to sharing our progress in the coming months – It’s going to be a game changer.
Stay tuned.
-Kevin Chiu, Managing Member IVT LLC
ivtherapeutics.llc@gmail.com
