Not author but I can tell you it's really hard if you don't have connections in pharma. Location is important, most biotech deals happen in the Bay Area and Boston. Medicinal chemists are not necessarily known for being eager to try out new things.

Thanks! Yes, I imagine that any industry with higher requirement of resources and de-risking of technology walk hand in hand with challenges. Getting off the ground challenge #1 is When?, #2 Funds? and #3 Determining precise timing to get to market?