Emerald Therapeutics: Biotech Lab for Hire

Emerald Therapeutics lets scientists outsource their biotech experiments
(From left) Brian Frezza and D.J. Kleinbaum Photograph by Ike Edeani for Bloomberg Businessweek

There’s a basic formula these days for anyone looking to develop a cure for a disease. Along with a good idea, you need $20 million, a team of about 30 scientists, and a year to set up the lab equipment to start testing your theory. From there, the grunt work begins, as your team of well-paid researchers squirts fluid into test tubes, feeds chemicals into machines, and analyzes the results from thousands of experiments. If you luck out and discover something useful, then it’s time to pray that the desired result can be replicated.

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