Consider retaining Alta Biomedical group as interim managers of your Technology transfer Office while you undertake a search for a new Director. Alta Biomedical’s seasoned team, including several ex-directors, can maintain the momentum of your technology transfer process, supervise case managers and contribute to efficiencies during the time it takes to perform the search process. Your institution can gain the benefit of a fully functioning team that has worked together, rather than one individual. In addition a professional review of the patent portfolio may result in reduction of patent expenses and/or the identification of additional opportunities.
Start-up Companies
During the spin-out process there is a need for the new company and its founders to be represented in business and licensing matters by seasoned professionals. Business representation may be managed by adding a professional to the team of founders. In the early stages this can help avoid such problems as conflict of interest, hiring an inappropriate management team or slowing the licensing of technology required by the company. The addition of experienced management also can contribute to the development of a viable corporate strategy and business model. The Alta Biomedical team has extensive experience in all phases and functions of corporate management, especially in start-up companies. Alta Biomedical can assist clients by taking interim management positions in client companies.
A member of the Alta Biomedical team will take a position in the client company on a temporary basis as:
- CEO
- CFO
- VP Marketing
- VP Business Development
- VP Strategic Planning
The temporary relationship will be designed to assist the company by filling out the management team until the company is ready to hire a permanent replacement. Such assignments are usually arranged on a retainer basis. When the relevant issues have been resolved, Alta Biomedical can assist the client in hiring qualified permanent management.
Management Consulting
Alta Biomedical will provide management consulting services to clients of any size on a project-by-project basis. These services include:
- Strategic Planning
- Market research
- Marketing
- Business development
- Financial planning
- Portfolio review
- Licensing
- Technology acquisition
- Acquisition analysis
Management consulting services will typically be provided on the basis of an agreed upon proposal from Alta Biomedical to the client. The work to be completed will be defined, and the time and expenses involved will be estimated. In most cases fees for the project will be based on time and expenses and a fixed fee for the project will be agreed upon.