Author: Tom Ruginis

Perlara Open Finances 2017

Perlara Open Finances 2017

When we last checked in a year ago, Perlara had just achieved three critical milestones: a product (PerlQuest), a validating Pharma deal, and first revenue – a small check, but revenue nonetheless. Over the course of 2017, we transitioned from startup with a...
2015 burn rate

2015 burn rate

As a Public Benefit Corporation, transparency is a common thread tying our missions together. From the outset we decided to share PLab financial data. You can find previous disclosures from H1 2015 (here) and Q3 2015 (here). Below are details about our burn rate from...
The value of a Virtual Lab Manager

The value of a Virtual Lab Manager

Back in 2014 when PLab was first funded, one of the first hires wasn’t an employee, but a contractor….HappiLabs. Bootstrapping their way into existence, HappiLabs provides a service called the Virtual Lab Manager, specializing in purchasing lab supplies...
Perlstein Lab Burn Rate through Q3 2015

Perlstein Lab Burn Rate through Q3 2015

At Perlstein Lab, we’re interested in sharing our experiences so other young biotech companies can learn from us. We like to share our financial information to give you an idea of how and where we spend our money. If you plan to start, or are currently running a...
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