Realizing Biotech Innovation — A Business Guide for Scientists
Offered By: Technische Universität München (Technical University of Munich) via edX
Course Description
Overview
Since the beginning of the last quarter of the twentieth century, Biotech has changed all our lives with groundbreaking innovations not only in medicine but also in areas such as agriculture, manufacturing, fuels, plastics, or the environment. And it still holds enormous potential to face our world's current and future challenges.
With this professional certificate program, we will provide you with the hands-on business skills needed to realize your biotech innovation. The three courses, brought to you by the Technical University of Munich — one of Europe’s most outstanding universities in research and innovation — will help you to build up the business mindset and management know-how that complements your scientific expertise.
Groundbreaking research only develops its full potential when being transferred into commercially viable products. This program is designed to bridge the gap between science and business by focusing on the challenges of researchers and entrepreneurs in the biotech industry. How could this be better achieved than by combining the academic expertise with the expertise of those working in the field, such as industry experts and entrepreneurs who will share their advice and experiences?
By the end of the program, you will have the confidence to evaluate the commercial potential of your biotech project, define your business strategy, and talk to financial backers to fund your endeavor.
The program is right for you if you
- are interested in starting your own biotech business.
- have already started your biotech venture and want to learn how to advance and grow your business.
- are motivated to shape the future of a biotech company.
- want to move forward with your own project within a larger corporation.
- are willing to broaden your perspective and look at the business side of biotech research.
Syllabus
Course 1: Biotech — From Science to Business
Bringing a biotech innovation to the market requires a shift from science to business. Learn how to define a strategy for success.
Course 2: How to Start a Biotech Venture
Getting a business off the ground includes many challenges. Learn what key decisions need to be addressed when starting a biotech venture.
Course 3: Financing Biotech Innovations
Financing is the key to making biotechnology innovations accessible for everyone. Learn how you can raise financing for your biotech venture.
Courses
-
To harvest the enormous potential of ground-breaking research in the field of biotechnology, large amounts of financing are needed. From the first lab results to a commercially viable product many years go by and much money is burnt. Thus, financing is the key to making biotechnology innovations accessible for everyone.
By the end of this course, you will have the confidence to talk to and convince investors to fund your endeavor. To do so, the course offers an introduction to financing and discusses the different motivations of those involved in financing. It will also enable you to evaluate different sources of financing. Moreover, it will establish an understanding of the challenges faced during to fundraising process such as valuing a company, the legal aspects of an investment contract, or pitching your company to investors. Thereby, it will provide you with the confidence of managing the fundraising process and communicating your project effectively to any type of financial backer.
This course will be part of the professional certificate program “Realizing Biotech Innovations--A Business Guide for Scientists” which will consist of three courses designed to realize your biotech innovation. The course is brought to you by the Technical University of Munich - one of Europe’s most outstanding universities in research and innovation. It offers the academic expertise on biotech entrepreneurship which is expanded by the hands-on expertise from those working in the field such as industry experts, investors, and entrepreneurs who will share their advice and experiences.
-
Biotech companies are revolutionizing the world we live in. However, when starting a biotech venture, innovators face business challenges that go beyond regular business formation–protecting their intellectual property, securing enough financial resources, and attracting key employees and advisors.
By the end of the course, you will have the knowledge and confidence to tackle a plethora of strategic and operational challenges you are going to face as a biotech entrepreneur. To do so the course offers insights into how to build a high-performing team, how to manage the business's finances, how to ensure the venture is aligned with the market you are operating in, how to protect your intellectual property, and how to navigate legal and regulatory challenges. Thus, this course can help you to get your biotech innovation off the ground and helps you to broaden your perspective in terms of what are key business aspects to be mindful of as an early-stage biotech entrepreneur.
The course is brought to you by the Technical University of Munich - one of Europe’s most outstanding universities in research and innovation. It offers academic expertise on biotech entrepreneurship which is expanded by the hands-on expertise of those working in the field such as industry experts, patent attorneys, and entrepreneurs who will share their advice and experiences.
-
New scientific discoveries in the biotechnology field can potentially change the world we live in. To do so, they need to be made available to the world. This course will help you build the knowledge and confidence to evaluate a biotech innovation's potential and develop a strategy for success.
The course illustrates the challenges of biotech entrepreneurship and what it means to start a biotech venture. It will teach you the methods needed to evaluate the potential of biotech innovations and how to define a suitable business model. You will learn how to develop a strategy to pursue with your venture and which first steps to take when starting your business endeavor.
This course is part of the professional certificate program “Realizing Biotech Innovations — A Business Guide for Scientists,” which consists of three courses designed to bring your biotech innovation to the market. The course is brought to you by the Technical University of Munich — one of Europe’s most outstanding universities in research and innovation. It offers academic expertise on biotech entrepreneurship, expanded by the hands-on expertise of those working in the field, such as industry experts and entrepreneurs who share their advice and experiences.
Taught by
Stefanie Weniger and Svenja Jarchow
Tags
Related Courses
Entrepreneurship 101: Who is your customer?Massachusetts Institute of Technology via edX Innovation for Entrepreneurs: From Idea to Marketplace
University of Maryland, College Park via Coursera Commercialization of Social Enterprises: Stemming the Tide of Mission Drift
Université libre de Bruxelles via FutureLearn Management of New Products and Services
Indian Institute of Technology Kanpur via Swayam Idea Development: Create and Implement Innovative Ideas
University of Queensland via edX