An Overview of
OUR PROCESS
A funding transaction orchestrated by The Cancer Trust takes approximately twelve months from start to finish, with The Cancer Trust acting as a facilitator and hand-maiden. The process involves a carefully calibrated sequence of nine events.
Search For Funding Source
The Cancer Trust conducts a search for funding from the industries of Biotech, Pharma, Wall Street and Philanthropy.
Assembly of Scientific Talent Pool
The Cancer Trust assembles a Talent Pool, which is typically made up of four "Research Modules" -- each module is led by a Principal Investigator.
Introduction of Funding Source To Talent Pool
A relationship is created between the Funding Source and the Scientific Talent Pool. Trust-building leads to alligned incetives.
Formulation of Scientific Vision
The Scientific Talent Pool creates a research plan and timeline based of their goals and vision. The plan is presented to the Funding Source in order to access a Grant.
Approval of Phase 1 Research Grant
Funder approves the Phase #1 Research Grant (up to $50 Million and lasting one year).
Orchestration of "Term Sheet"
The Cancer Trust orchestrates a "Term Sheet" using its Master Template.
Presentation of Definitive Contracts
The Cancer Trust orchestrates definitive contracts using its Master Template.
Closing of Transaction
Press Release and disbursement of Phaser #1 Funds (to be shared equally among the Four Research Modules).
Presentation of Phase 2 Research Grant...
One year later, The Scientific Talent Pool can access a Phase #2 Grant of up to $500 Million lasting a decade, so long as the long-term research plan is viable.
