Best Practices For Offering Value To Potential Partners – Highlights From LSX

At the 2024 LSX USA conference, panelists provided advice on how to approach companies in dealmaking and to make their value proposition fit with what the company is looking for.

Biz advice
Speakers at LSX USA 2024 offered best practices for dealmaking • Source: Shutterstock

With the flow of initial public offerings frustratingly sluggish and a tight financing environment, biopharma companies are looking for advice on other ways to bring in funding capital or explore business development options. In challenging times, experts agree it can be good to fall back on best practices.

Key Takeaways
  • Panelists at the recent LSX USA meeting offered advice to biotechs on how to approach partnering with deep-pocketed firms.

  • Suggestions included making enduring relationships and bringing strong data packages to the deal table, but also some more targeted advice to companies who may have to promote limited or mixed datasets

At the LSX World Congress USA, held 11-12 September in Boston, speakers from biopharma and other life sciences firms were asked to share their best ideas for how to succeed in business development

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