Biotech startups have a lot to take care of after securing their initial round of funding. Laboratory space has to be found, equipment has to be purchased, and qualified researchers and admin staff have to be recruited. This process is flush with opportunity and excitement, but important considerations can easily be overlooked. Every biotech startup needs some kind of IT setup, but successful biotech companies invest in an IT infrastructure that can accommodate the unique challenges of biotech data storage, data types, and the management of this data. The most valuable thing you are producing with your angel investor's money is your experimental data, which means that you will need to have IT tools in place that can maximize the value and protect all of this information.
IT needs to be an important consideration for any biotech company that is trying to secure a second round of funding. In order to make the most of the money that your investors have initially given you, be sure that your IT services provider can implement a system with the following elements: