The Biomedical Entrepreneurship Program

This new program, developed by NYU Industrial Liaison / Therapeutics Alliances in close collaboration with the NYU Entrepreneurial Institute will help accelerate the commercialization of biomedical discoveries and inventions made at NYU. World-class educators and entrepreneurs will train postdocs, graduate students and clinicians to become successful entrepreneurs, and participants will study the multiple facets of venture creation and experience the entrepreneurial process with real projects ripe for commercialization.

The first course, “Introduction to Biomedical Entrepreneurship” will start on Wednesday, March 29.

The course is open to postdoctoral fellows, senior PhD students (years 4 and up) and other members of the NYU community working on biomedical technologies, including all NYU campuses. NYU Stern MBA students may register, as well, and will be accepted based on space availability. 

Course dates:  Wednesdays, March 29-June 14 2017

Time: 6:00-8:00pm (Some sessions will start at 6:30pm and end at 8:30pm – see course plan below)

Location: NYU Medical Center Skirball Institute, 4th floor Seminar Room

Please click here to register for the course

For more information, please contact Michal Gilon-Yanai, Associate Director – Biomedical Entrepreneurship Program, NYU OIL.

Course plan (full syllabus will be sent to participants):
 

Introduction to Biomedical Entrepreneurship

Week

Day/Date/Time

Topic

1

Wednesday, March 29, 6pm

General Introduction Class – Innovation, entrepreneurship and different types of ventures.
Panel discussion: Being an entrepreneur, the transition from academia to industry, getting started and more.

2

Wednesday, April 5, 6pm

The Healthcare/Life Sciences industry - an overview.

3

Wednesday, April 12, 6:30pm

The new startup – an organization in search of a valid, repeatable, scalable business model; Introduction to business models, and evaluating a market opportunity – why and for whom should you start a business?

4

Wednesday, April 19, 6pm

The Product – What should you develop to solve the customer problem/address the unmet need? Based on your initial market analysis, how do you define a value proposition and the “right” product to build? Can you build it/protect it (feasibility and patentability)?

5

Wednesday, April 26, 6pm

The resources needed to build a product and develop a valid, sustainable business model – How will you get this done? Team formation, Licensing IP and more.

6

Wednesday, May 3, 6pm

Entrepreneurial Strategy – based on all you’ve learned – how do you approach the early, fundamental business decisions – Should you pursue the opportunity? And if yes, what is your entrepreneurial strategy - choosing your customer, identity, competition, etc.

7

Wednesday, May 10, 6pm

The process for bringing a therapeutic to market (technical, clinical and business aspects) – the different stages, de-risking milestones, the regulatory process, monetization issues etc.

8

Wednesday, May 17, 6pm

The process for bringing a medical device to market (technical, clinical and business aspects)

9

Wednesday, May 24, 6:30pm

The process for bringing a digital health product to market (technical, clinical and business aspects)

10

Wednesday, May 31, 6pm

Legal issues and financing options in early stage ventures

11

Wednesday, June 7, 6:30pm

Preparing to raise money – the main components of a business pitch, and investor expectations.

12

Wednesday, June 14, 6:30pm

Being an entrepreneur, and other opportunities in health tech commercialization – personal experiences in tech transfer, business positions in pharma, VC funds and consulting.

Additional courses that will be offered starting September 2017 include:

  • Opportunity Discovery in the Biomedical Industry
    An introduction to innovation methodologies and the criteria for screening new venture ideas
  • Venture Creation in the Biomedical Industry
    An experiential, project-based course in which participants will work on commercializing an NYU technology, their own or another 
  • Legal and Financing Aspects of Entrepreneurship
    An overview of legal issues related to company formation and sources of funding
  • Product Development in the Biomedical Industry
    An overview of the clinical and technical aspects of product development