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Startups
2021 Applications Are Open
Watch Our Webinar To Learn About PharmStars
On July 15, 2021 we hosted our first live webinar to discuss the concept of PharmStars and answer common questions we have received from startup applicants.
Benefits
Many startups are eager to engage with pharma but find it challenging to create successful partnerships. PharmStarsTM is uniquely designed to accelerate successful engagements with pharma via:
PharmaUTM Curriculum
An understanding of how pharma organizations work is foundational to creating successful partnerships with them. PharmaU equips startups with this information through interactive classes, workshops, and seminars. Leveraging our years of experience, PharmStars staff has developed a proprietary curriculum to teach startups everything they need to know about pharma. Once armed with this valuable information, startups will be able to better navigate the complex, regulated, and often opaque pharmaceutical industry.
Our curriculum is built to aid startups in understanding pharma firms’ internal structure, finding the right contact inside a particular firm, and structuring successful partnerships. By understanding pharma business objectives, startups can develop a value proposition that will better resonate with pharma leadership in negotiations. Learning about the regulatory environment prepares startups to engage effectively with pharma and navigate many areas that can be traditional friction points.
Mentoring
PharmStars expert staff will provide each startup with individualized guidance on enhancing their business case and engaging with pharma. All mentoring is provided by the in-house PharmStars staff. We do not rely on an ad-hoc network of volunteer mentors. Mentoring topics include:
- Defining the value proposition
- Business model & ROI
- Marketing & promotion
- Deal structure
- Presentation preparation and refinement
The Showcase Event
PharmStars’ accelerator program culminates with the members-only Showcase Event. At this special event, startups present their refined pitches to an exclusive audience of pharma members. Our pharma members then host one-on-one meetings with cohort participants. Details of the Showcase Event will be shared with the cohort once the program begins. Please see the Program Terms for complete details on our program.
