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Biotech is a special breed of business, especially in the start-up and early phases.  Whether you are considering joining a biotech start-up or want to be successful in a life science organization, it pays to understand biotech business fundamentals.

The goal of the course is to expose bioscience professionals and entrepreneurs to the life cycle of a biotech company.  The format is highly interactive and learning is enhanced by case studies, team presentations and exercises.


Topics include:

  • Disruptive innovation – Understand the accepted theory and how to make use of it
  • FDA regulation – Pathways and times to approval for drugs, devices and biologics
  • Spinouts & licensing – Creating intellectual property and obtaining rights to fields of use
  • Financing – Cover the basics plus negotiating investment, valuation, dilution, options
  • Biotech business models -- Learn the 8 biotech business models and risk/reward of each
  • Business development – Analyze/value the acquisition of a license or a corporate entity


By the end of this course, you will be able to:

  • Judge the probability of financial success of a startup or early-stage biotech
  • Analyze the many biotech business models and functional activities for employment or investment
  • Assess the match between technology and documented market needs
  • Distinguish between an unproven idea and solid proof of concept
  • Analyze intellectual property and license agreements
  • Understand the current regulatory environment
  • Understand and select financing alternatives
  • Conceive of low-risk products using disruptive technologies for new and unserved markets


The course is structured, yet informal, and engages students in workshop fashion. Most classes start with a discussion of the materials followed by a group exercise and conclude with a team presentation of a Harvard Business School biotech case. Projects measure and enhance your entrepreneurial abilities, interpersonal team skills, written communications and oral presentation abilities.



Student Testimonials

"I thoroughly enjoyed the course and learned a tremendous amount.  This has probably been one of the best courses I've ever taken.  You are a natural teacher and your participatory approach really works!"
-Theodore Georgis

"I can hardly believe the class is coming to an end so soon. Nine classes seem to be just the beginning…. we are ready to have a year-long course on biobusiness."
-Helen Chen


 

Note: Space is very limited. Early enrollment is strongly recommended. Expect to spend up to 6 hours of preparation for each class. Attendance at the first class is mandatory.  A discount is available to current Post Docs.  Please contact department at (858) 534-9353 or unexbio@ucsd.edu for more information.

All course materials are included in the course fee.

Course Number: BUSA-40530
Credit: 3.00 unit(s)

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