If you are a student of any of the numerous burgeoning fields of biotechnology, you may not be someone who wants to limit yourself to research alone. It is a truism that the pure researchers almost always make less money than those who market and sell their research in a bottle. If you are a smart scientist to be, why would you let someone else steal your show? If you discover something good and beneficial, you should be the one to reap the rewards of your labor. If this is who you are, read on.
Most pure researchers find it difficult to draw their mind out from research and divest it into the business aspects of medicine. However, if you are willing to learn, you should be able to do it. Remember, you are the one who, after all, has the key to the proverbial mint.
The first thing to do to ensure that the key remains with you is to patent your discovery. This can be done in consultation with a good patent lawyer. Once you are certain you are on the path to a major breakthrough, get in touch with a good patent lawyer.
Once you have your patent, the next step diverges into two or three distinct options. One is, of course, to simply sell your patent, make your millions, and go back to the laboratory. However, you could also carry through your game and get into manufacturing.
One easy way to do this without selling your patent is to collaborate with a big firm who has the money to support your manufacturing. Just make sure to legally protect your own interests. Alternately, you can try and get an angel investor to support you financially.
Remember, from discovery to profit is quite a long way, with hurdles like the various phases of trial, an initial public offering, if necessary, and marketing and selling. However, at the end, you reap the rewards.
