![Perlstein Lab Burn Rate through Q3 2015]()
by Tom Ruginis | Oct 11, 2015 | Start-ups |
At Perlstein Lab, we’re interested in sharing our experiences so other young biotech companies can learn from us. We like to share our financial information to give you an idea of how and where we spend our money. If you plan to start, or are currently running a...
![Perlstein Lab Burn Rate through Q3 2015]()
by Tom Ruginis | Jun 14, 2015 | Start-ups |
Previously, we highlighted Perlstein Lab’s burn rate from 2014. We’ll revisit that post and discuss our expenses for January through May 2015. We aim to give guidance to new entrepreneurs and ideas to existing biotech companies. We may not make the best decisions, but...
![Perlstein Lab Burn Rate through Q3 2015]()
by Tom Ruginis | Feb 6, 2015 | Start-ups |
Tracking expenses by the day and month is critical to estimating your runway as a startup. Unfortunately, scientists are not fully trained to manage finances in a lab. In academia, most of operational duties are handled by the university, and therefore, scientists...
by Tom Ruginis | Nov 5, 2014 | Start-ups |
To be lean with your biotech startup spending, you need to be informed and strategic about your purchasing decisions. Assuming a supplier is giving you a good “discount” is not good laboratory practice. Therefore, it’s important to shop around and...
by Tom Ruginis | Oct 7, 2014 | Start-ups |
The Perlstein Lab experimental design required the purchase of several pieces of large equipment–microscopes, a cell sorter, a cell imager and reader, and the Echo 550. This post will discuss what we’ve learned from our experiences with the process, which...
