Startups & scaleups exhibit a great innovation potential. This leads to increased patient benefits, the solution to an unmet medical need. Return on investments are substantial.
However, mostly startup & scaleups are lean. Productivity and efficiencies are central to progression. A limited staff that works hard is at the core of startup or scaleup success.
Several uncertainties need to be managed. There are technology risks, clinical risks and regulatory risks, just to name a few. De-risking the venture often entails the involvement of senior personal to mentor them along the way.