Wing Tang Wong

D&MD’s Guide to Business Plan Writing, 2nd edition helps companies in the life sciences industry create an effective business plan for an early stage business venture. Businesses in the life science industry, which includes biotechnology, agricultural technology, pharmaceutical products, health services and medical devices, face similar hurdles in the development of their businesses. These challenges are often distinct from what is faced in other non-life science, technology-based industries. This guide will help you to understand the appropriate use of a business plan, give you some guidance on how to create the plan, and place the process of creating a business plan into a life science industry context. Our goal is to provide you with an outline to the process of thinking about and creating the components that make up an effective business plan. This guide is based on the authors’ real world experience and insight. We highlight common pitfalls that we have experienced and suggest ways to avoid them.