When does a biotechnology company need to issue a press release?
When does a biotechnology company need to issue a press release? Provide an example of a news item that would warrant a press release for a small biotechnology company. How would you structure the press release?
Reasons a company needs to issue a press release:
Material event – information that will move stock price. Explain “ will it move the company’s stock and will it make potential partner interested “
Provide an example of a news item that would warrant a press release for a small biotechnology company. Ex “File an IND”
Explain what media pitching is and why it is important when disseminating a press release. How would you develop a target list of media regarding the press release example that you provided in question 4?
What Media Pitching
Sending your press release to the wire service doesn’t guarantee news coverage
Reporters get hundreds of press releases a day
Personal email (don’t even try to send a mass email – you’ll lose credibility)
Follow up with a phone call
Who do you pitch to?
Explain all the above
why it is important
when and how to disseminating a press release
How Developing your target list (from Example provide in question 4. if clinical data? If new CEO? What news outlines?
Step 1: Google stories like the one you’re pitching
Step 2: See who wrote those stories
Step 3: Compile a list of those reporters and their contact information


