The case history charts Claris Life Sciences since 1999, the year of its foundation, in 2007. Claris is the second entrepreneurial venture Sushil Handa, the first company achieved an annual growth rate of 80% over 8 years, and a market capitalization of more than $ 300 million before it ran into serious financial problems and had to be sold. The case describes how Sushil Handa explicitly includes the lessons learned from his first companies in strategy and operations Claris, and it is growing at an annual rate of 40% between 2000 and 2006. He has set an ambitious goal of U.S. $ 1 billion in revenue in 2012, and must overcome difficulties in a number of different areas, if it is to be successful: recruiting, developing and retaining talented executives, product development, regulatory compliance, and financial management. "Hide
by Rama Velamuri, Rosie Innes Source: IESE 30 pages. Publication Date: February 13, 2008. Prod. #: IES194-PDF-ENG