Biological Research Blog | ABS

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Day One

Day One is a bit of an over-simplification. As I remember it nearly 30 years ago, there wasn’t really a clear day one. The transition to starting ABS was more gradual. While working on Seroquel® at ICI Americas, I leased a small laboratory at the Philadelphia College of Pharmacy to use at night to make membrane preparations. I and two technicians would drive up to Philadelphia after working all day and then sacrifice 100 rats that were delivered that day and begin homogenizing and centrifuging rat brain membrane preparations well into the night. I had purchased one centrifuge and there were various other centrifuges on two separate floors that we could access by running up and down flights of stairs so that the membranes were quickly processed. This was a low-cost test of the feasibility of the idea for the business and good exercise.

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The Idea

How does anyone choose an idea for a business or a career? In my case, the idea chose me. It might sound better to say that I went through a detailed business model building process coupled with critical analytics and metrics, but I didn’t.

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Why Would Anyone Want To Do This?

Why would anyone want to start a biotech or any company? The answers to this question are as varied as are personalities. If you choose this path, your answers will be different from mine. Your answers will determine the type of company that you wish to start.

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So You Want to Start a Biotech Company?

In 1990, I founded ABS Inc. and continue to own and run ABS along with an excellent team. Either out of curiosity, an entrepreneurial itch, or a desire to pursue a passionate scientific goal, many scientists ask me how I did it and how they might do it. These blog postings will be an attempt to answer those questions. This blog will also introduce ABS to you as a company striving to create value for the scientific community. It will provide a close hand look at how we operate and continue to evolve. It is my hope that you will learn from our mistakes and choices or at least find the journey interesting.

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