Business of Biotech
This course has two objectives. Primary is coverage of the essentials of biotech business fundamentals and operations. Secondary is to enhance your critical thinking and communications skills.
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 - Biotech business models and healthcare disruption.
- Business development – Analyzing IP and valuing a license or corporate acquisition.
- Techniques to develop your critical thinking & communications skills.
You cannot be successful using today’s current best practices for long; rapid progress in science and technology will bring about great changes over your 40+ year career. Critical thinking combined with great communications skills are the fabric of this course and your key to long-term success.
The course is highly interactive and informal, engaging students in a workshop fashion. Classes include discussions of the assigned materials including several relevant Harvard Business School cases plus breakout exercises and mock negotiations. The course utilizes the “Live Online Learning” format via Zoom telecommunications. Students are expected to be prepared and effectively communicate their homework in class discussions.
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By the end of this course, you will:
- Excel in job interviews through your knowledge of biotech business fundamentals and operations.
- Impress colleagues with your critical thinking by identifying problems and formulating and communicating cost-effective solutions.
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:
Please contact appliedscience@ucsd.edu for more information.
Course Number: BUSA-40530
Credit: 3.00 unit(s)
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4/5/2023 - 5/24/2023
$725
Live Online
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CLASS TYPE:
Synchronous web-based class meetings that are scheduled to meet online at published times (time/date).
INSTRUCTOR:
Lutz, Michael
Dr. Lutz has a Ph.D. from MIT and started his career as a research physicist at Hughes Research Labs developing high current/voltage DC circuit interrupters. He then transferred to Lawrence Livermore Labs to develop plasma tools for laser isotope separation. After receiving his MBA from Stanford, he spent 12 years as a Silicon Valley entrepreneur where he and his partner pioneered the first PC-FAX modem, before the availability of the internet. He then shifted focus to molecular biology and, as VP of the Tech Coast Angels, originated the BioMedTrak where he personally showcased over 60 Southern California biotech companies and invested in multiple startups. His favorite sideline is teaching courses on High Technology Ventures and the Business of Biotech.
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POLICIES:
No refunds after: 4/12/2023.
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NOTE:
Course materials will be available online.
DATE | DAY | START | END | LOCATION |
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4/5/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
4/12/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
4/19/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
4/26/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
5/3/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
5/10/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
5/17/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
5/24/2023 | Wed | 6:00 p.m. | 8:00 p.m. | |
There are no sections of this course currently scheduled. Please contact the Science & Technology department at 858-534-3229 or unex-sciencetech@ucsd.edu for information about when this course will be offered again.