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California Management Review
California Management Review is a premier academic management journal published at UC Berkeley
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Article Information
Proteolix: A "Me-Too" Success
Lasky, Larry , and Victoria Chang
55
/
2
(
Winter
2013
):
125
-
140
In an industry rife with failures, Proteolix, a biotechnology company, was a rare success. The Proteolix case provides a compelling example of a biotech company that has chosen a "me-too" strategy, a less risky strategy than the strategy of discovering a drug for a novel target. However, even me-too drug strategies in the biotech industry face an uphill battle. (Keywords: Biotechnology, Venture capital, Growth strategy)