The Business of Biotech

Business of Biotech

Welcome to the Business of Biotech. This course is highly interactive, engaging students in workshop fashion. The course utilizes the “Live Online Learning” format via Zoom. Students attend each of the eight weekly classes at the same time. With a capacity limit of just 24, all students get to participate frequently in lively discussions. This format is actually superior to in-person meetings.

The learning paradigm is learn at home - experience in class as opposed to cram at home and forget after the exam. All materials are online including several business school cases. Classes include discussions of the assigned materials plus breakout room exercises and mock negotiations. In addition to the core subjects, students gain experience in critical thinking and effective communications. These are the fabric of this course and correlate highly with career success.

Topics include:

• FDA regulation – Pathways and times to approval for drugs, devices and biologics.
• Intellectual property – Patents and licensing rights for fields of use.
• Financing – The basics plus valuations, venture capital and acquisitions.
• Fast exit ventures – Creating lean startups with the goal of being acquired within 3 years.
• Biotech business models - Which models are currently in favor with investors. 
• Looming healthcare disruption – How medical care must and will adapt and modernize.
• Business development – Proposed alternative to an MBA for this lucrative position.
• Critical thinking & great communications skills – Essential to career success over the long term.

By the end of this course, you will: 

• Impress your colleagues and excel in job interviews with your knowledge of biotech business fundamentals and operations.
• Employ critical thinking to identify the root cause of problems and formulate innovative and cost-effective solutions, the key to disruptive innovation.

Validated testimonials:

"It is true when I say that this has been one of the most interesting courses that I have taken. It wasn't like the courses one takes only to forget the content after exams. In fact, after every class I felt I learned something that will stay with me forever." M. Husain, winter 2018.

“I enjoyed this course and believe the information I learned will definitely stick with me in the future. It has definitely stood out in my graduate career from the rest of the classes I have taken. I can look at a business from a different, much more informed angle than I previously always had, all thanks to you and your class. So thanks again!” G. Scofield, Fall 2019.

“I just wanted to say thank you for the incredible experience this past quarter. To say this class was unlike any class I've taken before would be an understatement - and I mean that in the best way possible. Of all the many, many classes I've taken at this university over the past five years, I'll definitely remember yours as one I'm very glad I took.” D. Melko, Spring 2021.

Note: Students may contact appliedscience@ucsd.edu for more information. 

International students are welcome to attend. Please note the following schedule for the upcoming Fall 2023 live online course: 
 

Fall 2023 Business of Biotech Course
	San Diego		Singapore
	Date	Time	Date	Time
Class 1	3-Oct	6:00 PM - 8:15 PM PDT	4-Oct	9:00 AM - 11:15 AM SGT
Class 2	10-Oct	6:00 PM - 8:15 PM PDT	11-Oct	9:00 AM - 11:15 AM SGT
Class 3	17-Oct	6:00 PM - 8:15 PM PDT	18-Oct	9:00 AM - 11:15 AM SGT
Class 4	24-Oct	6:00 PM - 8:15 PM PDT	25-Oct	9:00 AM - 11:15 AM SGT
Class 5	31-Oct	6:00 PM - 8:15 PM PDT	1-Nov	9:00 AM - 11:15 AM SGT
Class 6	7-Nov	6:00 PM - 8:15 PM PST	8-Nov	10:00 AM - 12:15 PM SGT
Class 7	14-Nov	6:00 PM - 8:15 PM PST	15-Nov	10:00 AM - 12:15 PM SGT
Class 8	21-Nov	6:00 PM - 8:15 PM PST	22-Nov	10:00 AM - 12:15 PM SGT

 
 

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

+ Expand All

10/3/2023 - 11/21/2023

$725

Live Online

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• SECTION ID:

  175117

• CLASS TYPE:

  Synchronous web-based class meetings that are scheduled to meet online at published times (time/date).

• INSTRUCTOR:

  Lutz, Michael

  Physicist : With degrees from UC Berkeley and MIT, Michael worked at Hughes Research Labs and Lawrence Livermore National Labs. Entrepreneur : He received an MBA from Stanford and co-founded GammaLink, the inventor of the PC-FAX modem, which was acquired by Dialogic and then Intel. Biotech instructor and investor : Not wanting to miss the impending biotech wave, he returned to MIT to study molecular biology. Upon relocating to San Diego he created and taught the business of biotech course for UCSD Extension. He also joined the Tech Coast Angels, a group of high-tech and biotech wealthy investors. He personally introduced over 60 Southern California startup entrepreneurs seeking investment. His best investment yielded a 15X return!  

• TEXTBOOKS:

  No textbook required.

• POLICIES:

  No refunds after: 10/10/2023.
  

• NOTE:

  Most of the course material will be available to students through Canvas, our online learning management system. Business school cases will be available for purchase from the Harvard Business School for $30 total.The link will be provided to you by the instructor during the first week of class.

DATE	DAY	START	END	LOCATION
10/3/2023	Tue	6:00 p.m.	8:15 p.m.
10/10/2023	Tue	6:00 p.m.	8:15 p.m.
10/17/2023	Tue	6:00 p.m.	8:15 p.m.
10/24/2023	Tue	6:00 p.m.	8:15 p.m.
10/31/2023	Tue	6:00 p.m.	8:15 p.m.
11/7/2023	Tue	6:00 p.m.	8:15 p.m.
11/14/2023	Tue	6:00 p.m.	8:15 p.m.
11/21/2023	Tue	6:00 p.m.	8:15 p.m.