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Challening conventional wisdom about startup incubators (Weekend Rounds)

A review of life science current events reported by MedCity News this week: Startup CEO says survival of the fittest is smarter than incubator model. The logic behind incubators is that they can help inexperienced entrepreneurs by providing the mentoring, business advice, networking opportunities, facilities and funding they need to get their businesses off the […]

A review of life science current events reported by MedCity News this week:

Startup CEO says survival of the fittest is smarter than incubator model. The logic behind incubators is that they can help inexperienced entrepreneurs by providing the mentoring, business advice, networking opportunities, facilities and funding they need to get their businesses off the ground. Kendall Wouters, CEO of Reach Ventures in Cleveland, doesn’t buy much of that logic. Wouters believes the model most incubators operate on is fundamentally flawed. Most importantly, incubators fail to do the up-front diligence in assessing the market potential of ideas that entrepreneurs bring to them, meaning the vast, vast majority of companies that enter incubators are doomed to failure and won’t make it through the “valley of death.”

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Physician Targeting Using Real-time Data: How PurpleLab’s Alerts Can Help

By leveraging real-time data that offers unprecedented insights into physician behavior and patient outcomes, companies can gain a competitive advantage with prescribers. PurpleLab®, a healthcare analytics platform with one of the largest medical and pharmaceutical claims databases in the United States, recently announced the launch of Alerts which translates complex information into actionable insights, empowering companies to identify the right physicians to target, determine the most effective marketing strategies and ultimately improve patient care.

Mayo Clinic wins major patent case in unanimous Supreme Court ruling. Mayo Clinic announced Wednesday that it had won a lengthy legal battle against Prometheus Laboratories Inc., based in California, with the Supreme Court unanimously agreeing with its argument that natural bodily responses to medical treatment are not patent eligible.

Senate passes JOBS bill, but will early stage biotech companies benefit? James Greenwood, the president and CEO of the Biotechnology Industry Organization, said the Jumpstart Our Business Startups bill would make it easier for small, emerging biotechnology companies to raise money and reduce the hurdles that stymie them.

Minnesota health provider creates wellness Web portal for businesses. The HealthPartners Web portal uses games, among other things, to achieve a higher degree of employee participation and sustained engagement. It is part of the nonprofit company’s broader health and well-being solutions that more than a million people nationwide access through their employer, according to a HealthPartners press release.

Map illustrates scale of nanotechnology development across the U.S. Nanotechnology and its use in drug development has been a growing area of investment in the U.S. and that growth has been mapped in an interactive infographic by the Project on Emerging Nanotechnologies.

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