Social connections first, science second: How biotech’s recipe for success has its limits

Social connections first, science second: How biotech’s recipe for success has its limits

Source: 
Stat
snippet: 

Experts told STAT Indolfi’s experience is the rule, not the exception. The pivotal financial decisions that determine which companies will survive and which will fail — the decisions that underpin much of the biotech economy — are determined largely by social capital — not by science.