Starting a biotech expert network
Hello everyone, first post here.
I am a pharma/biotech R&D consultant. I have no experience with any investment funds or any other financial institution, just with scientific consulting firms.
I am passionate about investing in biotech stocks (I am just a retail investor) and since it's my field of expertise, I absolutely enjoy the scientific due diligence process that I do on my own.
I've been reading a lot about the concept of expert networks and how they're used in the finance world to help investors better understand companies and industries.
Long story short, I've been toying with the idea of starting a "boutique" biotech/life sciences expert network of professors from my personal network to provide scientific assessments in terms of technology, preclinical, and clinical areas to investors.
How often do financial institutions actually rely on input from expert networks? What are the criteria to choose an expert network? How hard will it be to gain enough credibility to get investors to use my consulting services? Is this a good business idea?
Sorry for the long post and thank you all!