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Section 3: Programs - Vision - Mission CoroMatrix (CM) is a Boston, Massachusettsbased biotechnology company founded by three friends: one from BU, one from Harvard
Section 3: Programs - Vision - Mission CoroMatrix (CM) is a Boston, Massachusettsbased biotechnology company founded by three friends: one from BU, one from Harvard and one from MIT. The BU student was a MS Project Management major who took courses in project, program and portfolio management, and was the business brain behind CM. The other two students are molecular biology students with expertise in genomics. The three met at Boston while doing their master's degree. The founders of CoroMatrix leveraged their own creative ideas and all available published research in genomics to develop a possible vaccine against SARS and Covid19. They believe that soon they might be able to contribute to emerging research. Their companies' mission is to save lives and improve the quality of life through stateoftheart research in containment and treatment of infectious diseases such as SARS and Covid2019. Building upon the relatively new science of genomics and DNAbased vaccination, CoroMatrix hopes to quickly produce vaccination solutions. The company has attained a signicant amount of seed funding from WHO (the World Health Organization), the US government, and a consortium of Venture Capitalists. They believe that their company will grow exponentially as they have innovative ideas and being in Boston (a global hub for life sciences companies) they know they will do well with their investment in biotech research. The guiding principles of the company are product innovation, life sciences excellence, and concern for the customer health and wellbeing. CM started in 2019 with seed capital from investors listed above and in the next few years are assured to receive a series of investments from other sources. Soon it is expected that CoroMatrix will have operating revenues of approximately $10 million. The company is contemplating an initial public offering (IPO) in the next few years. READ THE QUESTIONS BELOW CAREFULLY AND RESPOND. THANKS. A) Compose a mission statement for W (it should only be a sentence or two). B) Write a sentence or two that explains why it's a great mission statement. C) Write a vision statement for W (one sentence, or two short ones). D) write a sentence or two that explains why your vision statement is a tremendous vision statement
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