Biotech 2003: Where Are We Now?

FOR IMMEDIATE RELEASE/
Contact: WPI Venture Forum, +1-508-831-5075

Tuesday, November 11, 2003, 6-9 p.m.
Worcester Polytechnic Institute, Campus Center Odeum

WORCESTER, MA - October 17, 2003 - The biotechnology sector is now 20 years old. No longer the new kid on the block, key questions arise: What opportunities exist for financing a biotech company? What new technologies are gaining momentum and catching the public's interest? How does a biotech firm grab the attention of one of the large pharmaceutical companies for the purpose of partnering and financing?

At the WPI Venture Forum on Tuesday, November 11, 2003, James Little, PhD, President of Cetek Corporation (Marlboro, Massachusetts) will address these questions and provide answers based on his extensive knowledge and experience in the biotech field. He will discuss financing in these days of tight purse strings and high unemployment, and will take a look at new technologies that are coming to market.

Following Dr. Little, the evening's case presentation will be Blue Sky Biotech, Inc., a Worcester, Massachusetts, pharmaceutical research organization that provides pre-clinical drug discovery services, from DNA cloning and protein expression to cell culture and protein purification.

The WPI Venture Forum meeting will be held on Tuesday, November 11, 2003, at the Odeum Campus Center on the WPI campus in Worcester, MA. Registration begins at 6:00 p.m. and the meeting begins at 6:30 p.m. Registration cost is $10 individual, annual and lifetime members; and $20 nonmembers.


About the WPI Venture Forum

The WPI Venture Forum was created in 1990 to promote the entrepreneurial spirit and to serve those who engage in technology- based entrepreneurial enterprises by providing advice, support and education tailored to meet their needs. The forum fosters entrepreneurship through such activities as monthly programs, a business plan contest, a weekly radio show on News Radio WTAG (Saturdays, 5-7 pm, 580am), and a monthly newsletter.

The Venture Forum, as part of the Collaborative for Entrepreneurship & Innovation in the Department of Management at WPI, serves individuals who are seeking to begin their own technology-based businesses; founders, presidents, and senior managers of start-up or early-stage companies; senior managers of companies that are restarting or making a transition for one mode of operation to another; and employees leaving large companies due to a reduction in force or to start businesses.