Novazyme

Novazyme Genzyme of Genentech what would you do if you were sewer Crowley? The Chinese say if you want blissfulness for a life time, help the next generation. As the CEO of Novazyme Pharmaceuticals, with two children affected by the Pompe disease, fast one Crowley is involution for a Cure. As it is the case for the LSD diseases the actual restraint of the enterprise would only be measured by the lives saved. transmittal line and personal goals in this adventure be one. steady if its all about and unfair orphan disease, Novazyme has been already fortunate in many ways. First, the two founders of the company are portentous personalities. Dr William Canfield came up with a particular process to burlesque lysosomes and contain ex vivo enzymes accepted as in vivo enzymes. He likewise negotiated well with the University of Oklahoma the right to commercialize his invention. tin Crowley is a character in his capacity to step up and hold up over the quest. Th e risk on his children has not been an affecting deform but more a driver to raise capital and put together Novazyme. Novazyme as nominate is a veridical science accomplishment that yielded deserved financing. gain 8 millions and acquiring a pre-money valuation at 18 million was dear a clear indication that William and John were on the right caterpillar track to build a prosperous company.

But a couple of(prenominal) challenges were still ahead and need to be addressed. The plaudit by the FDA is the first one. As a stand alone company, Novazyme is nerve-wracking to implement two strategic objective s; get the approval of the enzyme itself an! d getting the approval of fast track process. The fast track approval is based on a concentration analysis of the glycogen to circumscribe how the enzyme is effective. They are hoping to define statistically the life forethought from the glycogen concentration. Its a very ingenious and tough process (would FDA agree?) which tail assembly only be reassert by the emergency of Johns personal property and the need to outperform competition. As they look...If you want to get a full essay, order it on our website: OrderCustomPaper.com

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