The Biomedical Entrepreneurship Program

For registration, please click below:
Introduction to Biomedical Entrepreneurship
Opportunity Discovery and Innovation in the Biomedical Industry

The Biomedical Entrepreneurship Program, developed by the NYU Office of Industrial Liaison (OIL) in collaboration with the NYU Entrepreneurial Institute, helps accelerate the commercialization of biomedical discoveries and inventions made at NYU. World class educators and entrepreneurs train postdocs, graduate students and clinicians to become successful entrepreneurs, and participants study the multiple facets of venture creation and experience the entrepreneurial process with real projects ripe for commercialization.

The program is open to postdoctoral fellows, senior PhD students (years 4 and up) and all 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.

Two courses are offered this fall:

Introduction to Biomedical Entrepreneurship*
An overview of venture creation and development in the biomedical space and the unique challenges and rewards that it presents, via lectures and case study discussions led by faculty, industry professionals and experienced entrepreneurs and investors.
September 27 – December 20, 6:10-8pm
Location: NYU Medical Center, Skirball Institute 4th floor Seminar Room

Opportunity Discovery and Innovation in the Biomedical Industry**
And introduction to innovation methodologies including “Design Thinking” and “Systematic Inventive Thinking”, as well as the criteria for filtering new venture ideas.
Dates: September 27 – December 20, 4:00-5:50pm
Location: NYU Medical Center, Skirball Institute 4th floor Seminar Room

* This course is a prerequisite for the program’s advanced project course in spring 2018

** This course is not required, but will provide priority admission to the program’s advanced project course in spring 2018

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

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

Introduction to Biomedical Entrepreneurship

Week

Day/Date/Time

Topics

1

Wednesday, September 27,
6:10-8:00 pm

General Introduction Class

2

Wednesday, October 4,
6:10-8:00 pm

The Healthcare/Life Sciences industry - an overview

3

Wednesday, October 11,
6:10-8:00 pm

  • The new startup – an organization in search of a valid, repeatable, scalable business model;
  • Evaluating the market opportunity

4

Wednesday, October 18,
6:10-8:00 pm

The Product – What should you develop to solve the customer problem/address the unmet need?
Is it feasible & patentable?

5

Wednesday, October 25,
6:10-8:00 pm

  • The Team (and other resources needed to build a product and develop a valid, sustainable business model) – How will you get this done?
  • Licensing IP – A key resource

6

Wednesday, November 1,
6:10-8:00 pm

Entrepreneurial Strategy

7

Wednesday, November 8,
6:10-8:00 pm

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

8

Wednesday, November15,
6:10-8:00 pm

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

 

Wednesday, November 22

No class Thanksgiving week

9

Wednesday, November 29,
6:10-8:00 pm

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

10

Wednesday, December 6,
6:10-8:00 pm

  • Sources of funding
  • Legal issues related to venture creation

11

Wednesday, December 13,
6:10-8:00 pm

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

12

Wednesday, December 20,
6:10-8:00 pm

  • Being an entrepreneur;
  • Other opportunities in health tech commercialization

 

Opportunity Discovery and Innovation in the Biomedical Industry

Week

Day/Date/Time

Topics

1

Wednesday, September 27,
4:00-5:50pm

Introduction to the course:

  • A new mindset – Creator, Innovator, Entrepreneur
  • Identifying opportunities
  • Approaches to innovation

2

Wednesday, October 4,
4:00-5:50pm

Design Thinking
Empathize – interviews, observations and other design research methods

3

Wednesday, October 11,
4:00-5:50pm

Design Thinking
Define – framing the problem (Point Of View)

4

Wednesday, October 18,
4:00-5:50pm

Design Thinking
Ideate Brainstorming

5

Wednesday, October 25,
4:00-5:50pm

Design Thinking
Prototype–creating physical prototypes, sketches, scenarios etc.
Test– performing user testing, collecting and integrating  feedback

6

Wednesday, November 1,
4:00-5:50pm

Design Thinking
Storytelling – pitching and describing your idea

7

Wednesday, November 8,
4:00-5:50pm

Systematic Inventive Thinking (SIT)

  • The axioms
  • Subtraction Template

8

Wednesday, November15,
4:00-5:50pm

Systematic Inventive Thinking (SIT)
Division/Multiplication Templates

 

Wednesday, November 22

No class Thanksgiving week

9

Wednesday, November 29,
4:00-5:50pm

Systematic Inventive Thinking (SIT)
Task Unification template

10

Wednesday, December 6,
4:00-5:50pm

Systematic Inventive Thinking (SIT)
Attribute dependency template

11

Wednesday, December 13,
4:00-5:50pm

Market analysis and filtering ideas/opportunities

12

Wednesday, December 20,
4:00-5:50pm

Final Presentations

Additional courses will be offered in spring 2018:

  • 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 
  • Product Development in the Biomedical Industry
    An overview of the clinical and technical aspects of product development
  • Legal and Financing Aspects of Entrepreneurship
    An overview of legal issues related to company formation and sources of funding