Funding, Partnerships, and Growth: Strategies for Startup Biotech Success with Fractional Chief Business Officer Renee Williams

This week I chatted with Renee Williams, Founder and Managing Partner at Williams Biotech Consulting. Renee is a seasoned fractional Chief Business Officer (CBO) for small and growing biotechnology companies. Renee shares her career path, insights into helping biotech startups secure funding and navigate partnerships, and the importance of adaptable strategies in a constantly evolving market. From term sheet negotiation to pitch deck reframes, Renee offers valuable advice and lessons for small companies. We also dissect her engagement tactics during major conferences like JP Morgan and the essential factors for biotech success.

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00:00 Introduction and Childhood Dreams

01:19 The Power of Dressing the Part

01:49 Career Path and Consulting Firm

03:20 Role of a Fractional CBO

04:03 Navigating Startup Challenges

06:07 Crafting Effective Pitch Decks

08:32 Big Pharma vs. Biotech Mentality

16:01 The Importance of a Strong Team in Biotech

16:20 Approaching Pharma and Corporate Venture Capital

17:20 Strategies for Biotech Companies to Gain Traction

18:24 Types of Biotech CEOs and Their Approaches

21:02 Navigating Conferences and Networking

27:09 Future Goals and Aspirations

28:59 Book Recommendations and Closing Thoughts