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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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