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Good Boards, Bad Boards and Why They Matter

 
• By Michael Lytton

What distinguishes an effective board of directors of an early-stage biotech company? The ability to walk a very fine line between constructive engagement and outright control. Good boards: small, focused, with an independent, mentoring chairman.

Q: What distinguishes an effective board of directors of an early-stage biotech company?

A: The ability to walk a very fine line. A good board needs to provide constructive input and when appropriate...

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