Navigating the Path of Innovation: Insights from Johan Cardoen on a Career in Ag Biotech

23/04/2024 34 min
Navigating the Path of Innovation: Insights from Johan Cardoen on a Career in Ag Biotech

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Episode Synopsis

In this episode, we have an interesting conversation with Johan Cardoen, a Biotech executive who started his career in 1988, with Plant Genetic Systems which was the first biotech company in Belgium. Since then, he played a very important role in the growth and the evolution of the Belgium biotech ecosystem.Johan Cardoen shares how he grew Crop Design into an acquisition target through strategic deal-making. Tune in to hear how he led a young startup through an acquisition process in just 10 weeks after creating multiple exit options. Get insider tips for navigating challenges in sustainable agriculture commercialization.Learn how regulatory hurdles stifle innovation and what it takes to succeed as an ag-tech entrepreneur. Discover the untapped potential of biologicals and new breeding technologies to build a resilient food system.Timestamps:00:00 Introduction00:31 Highlights of Johan Cardoen’s career06:41 Creating options for a company's exit strategy11:46 VIB's role in developing Belgium's life science ecosystem18:51 Agriculture vs. Non-agriculture in VIB22:38 The greatest need for agriculture innovation25:53 The challenges of innovative start-ups28:57 Regulatory challenges and European debates31:59 A message for start-up companies