Advent Calendar-7

This is a story about Drug development. 
So today we meet the financiers

To start to develop a compound,you need an idea and a patent but then you need financial support. Many Universities want their staff to be academic entrepreneurs and have seed funds that help this process get off the ground. This is done in the hope that pharma comes and acquires the Intellectual property (IP).
However this will depend on the Phase 0 (pre-clinical) testining done. This all costs.

CoI; Members of TeamG are founders of Canbex