Proximare Pharmaceutical consultants will help small and start-up biotech companies raise money.

Proximare - a leading pharmaceutical consulting firm, based in New Jersey helps small and start-up biotech companies help raise money and create business strategies to enable survival and success of the biotech company.

For immediate release

December 19, 2002. Franklin Park , N.J.
Proximare, a leading pharmaceutical consulting company announced today that it will provide strategic business advisory services to small and start-up biotech companies, especially, business plan creation and raising funds.

Now, more than ever before, today's entrepreneurs and executives of small and start-up biotech companies need more than support and encouragement. They need sound business plans, strategies and of course money. Unfortunately, these companies have very few resources to turn to and we are here to help," said managing director of Proximare Nailesh A. Bhatt.

Bhatt adds, There are many extremely bright and highly experienced scientists who have launched biotech companies to conduct research in lucrative therapeutic areas such as oncology and cardiovascular diseases. But, they dont have the necessary experience or bandwidth to promote their business or raise funds. We can fill this void due to our experience, network and skills."

Proximare has created specific service offerings for the biotech community. These services will help the biotech entrepreneurs create business plans, raise funds and also create short and long term business strategies.

Proximare Inc. is a management consulting firm based in Franklin Park, New Jersey that exclusively serves Pharmaceutical, and Biotechnology companies with strategic issues. Today's Pharmaceutical and Biotech companies face extreme pressures from their customers, competitors, shareholders and partners. They need to come up with actionable, realistic strategies that will produce desired results in a defined time. Proximare works in strict confidence, with our clients on issues ranging from Business Development, Licensing, Venture Capital, to Sales and Marketing to deal with these issues.

For more information on Proximare Inc., please contact us at 732-297-7007 or info@proximare.com