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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (8730)4/7/2001 9:14:21 PM
From: Biotech Jim  Read Replies (1) | Respond to of 9719
 
Concerning SBIR grants, I used to sit on NIH study sections for 5 1/2 years, but not on a SBIR review committee. A couple of close colleagues of mine have sat on such a committees, and I was involved in ad hoc reviews for such a committee. There is a dramatic variance in the quality of grants for SBIR awards. Many bad ideas, and also many poorly crafted stories. It used to be that any reasonable grant made the payline. On the other hand, the classical academic originated grant, the so called R01, was much more competitive. Different institutes had different paylines. In the best of times, up to 30% of these got funded, while in the worst of times, only 2 to 5% made the payline. Today it is somewhere in between. Note also that there is no limit in the number of grants an investigator can put in.

As to company grants, there are two things to look for in terms of validation of the ideas and the technology. The first is whether an awardee gets the phase 2 award, and the second is whether there are multiple awards per company of either phase 1 or phase 2. Continued success goes a long way in my opinion

BJ