Realizing Biotech Innovation – Ein Business-Leitfaden für Wissenschaftler
| Language: | Englisch |
| Location: | Remote |
| Duration: | 5-6 weeks |
| Start: | Variable, self-paced |
| Cost: | 476 € |
Since the beginning of the last quarter of the twentieth century, Biotech has changed all our lives through 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.
Explore the economic potential of your biotech project
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 faced by researchers and entrepreneurs in the biotech industry.
Academic expertise combined with the practical knowledge of professionals from various positions in industrial companies share their advice and experience in this three-part course program.
Quick Infos
Benefits
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Practical Skill Development
From evaluating business potential and defining a strategy to managing finances and protecting intellectual properties, gain actionable skills to apply in your ventures.
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Focus on Commercial Viability
Discover how to assess your biotech project’s commercial potential, develop suitable business models, and effectively master the fundraising process.
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Academic & Industry Expertise
Merge academia with industry insight, integrating expertise for hands-on biotech learning. Our approach effectively bridges critical gaps and provides you with a comprehensive, real-world experience.
Program Overview
You can find all the important information about the certificate program here. Below you can find out the objectives of the program, the exact details of the process, what you will learn and which lecturers will teach you the content.
Aims of the certificate course
- How the biotech industry works, and how you can drive innovation in this environment.
- How to evaluate the potential of a new biotech product or service, and create a strategy to reach your vision.
- What to consider when setting up a biotech venture in terms of team strategy, financial strategy, and marketing strategy.
- How to navigate the challenges of IP management and regulatory affairs.
- How to evaluate different funding options and convince financial backers of your project.
Details
| Program: | Realizing Biotech Innovation – A Business Guide for Scientists |
| Graduation: | After successfully completing the course in the “verified track”, participants will get a certificate from the Technical University of Munich and edX. |
| Academic responsibility | Dr. Svenja Jarchow, M.Sc. Stefanie Weniger |
| Target audience: | 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. |
| Participation fees: | You can buy each course individually or as a bundle (if you buy it as a bundle, you will get 10% discount): – “Biotech – From Science to Business” (136 Euro), – “How to Start a Biotech Venture” (170 Euro), and – “Financing Biotech Innovations” (170 Euro) Please note: The price may vary due to global currency fluctuations. |
| Language: | English |
| Discounts: | 10% discount when purchasing all three courses in a bundle. |
| Study location: | Online |
| Format & Timing: | variable, self-paced There are three consecutive edX courses: – Biotech – From Science to Business – How to Start a Biotech Venture – Financing Biotech Innovations Each course has a duration of about 5 – 6 weeks (3-4 hours per week). |
Lecturers
| Dr. Svenja Jarchow Lehrstuhl für Entrepreneurial Finance TUM School of Management | Dr. Stefanie Weniger Wanzl Innovation Hub |
Structure
Course 1: Biotech – From Science to Business
The first 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.
Course 2: How to Start a Biotech Venture
Second 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.
Course 3: Financing Biotech Innovations
In the third course, you will get 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.
Your contact
Vesna Gajic
Program Manager
Phone: +49 89 289 28474
E-Mail: mooc@lll.tum.de
