Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Leaders

Tackling the existing gender gap in the biotech sector

Published

on

Skilling women researchers and nurturing women CEOs

Today’s society is very advanced – in so many ways.

From the cars people drive, to the way they communicate with one another, to the places people can travel to – and how they can get there.

But unfortunately, gender disparity is still evident for female CEOs, particularly in the Biotech sector.

Most people know that gender inequality still exists in some form, but often no action is taken to change it. With women being underrepresented, it might be having a negative impact on the overall outcomes.

“In order to run a company, one has to be worth more than just their research capabilities, there’s lots of more skills that are necessary,” Dr. Zeenia Kaul from Reheva Biosciences reveals. “During my training as a researcher, I was not necessarily offered an opportunity to learn those skills.

“I had to learn them on job.

“Some of the skills necessary to run a successful biotech startup or business are very different.

“As a scientist, I should be able to read a balance sheet and understand what it means for my business.

“I was very fortunate to have business education that allowed me to get the skillset and have a co-founder who had started companies and expanded them.”

Image: file

Cure Brain Cancer Foundation CEO Lance Kawaguchi reveals a similar tale of not many females being – or becoming CEOs – in the sector.

“When I joined the not-for-profit sector two years ago, I didn’t really see any women CEOs,” Kawaguchi adds. “That’s why I wanted to make sure that all the funds that we raised, are going to be dispersed based off merit, not on gender.”

So, how can change be facilitated, not only in the sector but across the board?

“I want to create an ecosystem, so that the biotechs are provided with the commercial experience of how to do intellectual property (IP) law; how to read a balance sheet when you’re doing a debt deal,” Kawaguchi asserts.

“I find many of the researchers, brilliant as they are, don’t have the finance or the business acumen.

“And that’s one thing I’m trying to provide – not only the funding, but also the support to fill in the gaps, to help them progress through each phase,” he says.

Another major obstacle that Kawaguchi points out is the lack of funding given to some companies at Phase zero, especially those startups that don’t have a track record of successful venture capital raises.

“How do you get a track record if you’re not given an opportunity?” he posits. “The more we can support that Phase zero phase or Phase one research, the more shots on goal.

“And this is how we get more from the bench to the bedside – by supporting the front end of the pipeline.”

Continue Reading

Leaders

Escape Room industry still booming despite challenging market conditions

Escape This raises over $1 million in just 72 hours, highlighting growing investor interest in immersive entertainment experiences

Published

on

Escape This raises over $1 million in just 72 hours, highlighting growing investor interest in immersive entertainment experiences.

In Short:
Escape This raised over $1 million in crowdfunding in 72 hours due to investor interest in innovative entertainment.
– The startup plans to enhance workplace relationships through shared problem-solving experiences across diverse groups.

Escape This, an immersive entertainment startup, has rapidly raised over $1 million in equity crowdfunding within 72 hours, despite challenging market conditions.

Bernie Janes, founder & CEO of Escape This, joins to discuss why his company’s engaging experiences in live entertainment are appealing to investors and thrill seekers alike.Banner

The startup combines theatre, cinema special effects, and escape room design to create a unique environment. Participants engage in immersive adventures, solving problems as part of a narrative, rather than simply deciphering puzzles in a confined space.

Corporate Engagement

Escape This is also launching a programme aimed at enhancing workplace relationships across generations. The initiative places diverse groups in shared problem-solving scenarios, allowing them to appreciate different approaches to challenges.

The positive feedback from corporate clients suggests this method significantly improves understanding and collaboration among team members.

Future plans include expanding to more Australian cities, including Melbourne and Brisbane. For further details, visit the official website at escapethis.com.au.


Download the Ticker app

Continue Reading

Leaders

Limoncello spritz boom transforms Australian liquor market

Australia embraces Limoncello spritz trend as Ambra Spirits reports 123% growth in the last year

Published

on

Australia embraces Limoncello spritz trend as Ambra Spirits reports 123% growth in the last year.

In Short:
– Limoncello Spritz is gaining popularity in Australia, with Ambra Spirits seeing a 123% business increase.
– Ambra plans to expand internationally through crowdfunding and enhance local customer engagement with new features.

The Australian liquor industry is currently experiencing a surge in popularity for Limoncello Spritz. This trend has led to significant growth, with Ambra Spirits Distillery reporting a remarkable 123% increase in business over the past year.

Finn Healey, Co-Owner & Managing Director of Ambra Spirits, joined Ticker to discuss how Australia’s first Limoncello producer has expanded its distribution. The Limoncello Spritz is seen as a smoother alternative to the traditional Aperol Spritz, appealing to those seeking less bitterness.

Banner

Global Expansion

In light of this growth, Ambra Spirits is launching an equity crowdfunding campaign to expand operations and reach international markets. The funds will support initiatives such as increased production capacity and establishing a more extensive national distribution network. The distillery also plans to enhance customer engagement at its venue by adding new features like a rooftop space and a pizza oven, anticipating increased demand from local residents. Interested consumers can learn more by visiting the Ambra Spirits website.
Download the Ticker app

Continue Reading

Leaders

AI-ready private clouds optimise costs and enhance control

AI-ready private clouds essential for organisations’ AI scalability, balancing control, performance, and cost efficiency in evolving tech landscape

Published

on

AI-ready private clouds essential for organisations’ AI scalability, balancing control, performance, and cost efficiency in evolving tech landscape

In Short:
– Organisations recognise the need for an AI-ready private cloud for efficient AI scaling and cost control.
– Data sovereignty and compliance are key concerns, leading firms to prefer local data management.

Today, organisations are increasingly recognising the importance of an AI-ready private cloud for scaling AI while ensuring control, performance, and transparency.

David Leen, head of Product Cloud at Interactive, remarked that while many companies have begun using AI, most are still experimenting with it. As they move from experimentation to production, costs often rise sharply.

Cost management is crucial, as the public cloud can be significantly more expensive compared to private cloud solutions.

Banner

Data Sovereignty

Moreover, data sovereignty, privacy, and compliance are pressing concerns. Leen explained that organisations often prefer their data stored and managed by local entities to mitigate risks. The increasing demands for power and cooling solutions in data centres necessitate partnerships with major providers for optimal performance and efficiency.


Download the Ticker app

Continue Reading

Trending Now