The year-long Biomedical Entrepreneurship Program begins in the fall, with additional project-based learning opportunities offered in the spring.
Courses and workshops are led by Sadhana M. Chitale, PhD, MBA, senior director, life sciences and technology transfer, Technology Opportunities and Ventures, with guest faculty, investors, and entrepreneurs delivering lectures and leading case study discussions.
For more information, email Dr. Chitale at sadhana.chitale@nyulangone.org.
Fall Course: Introduction to Biomedical Entrepreneurship—Foundations of Biomedical Startups
Great ideas have little impact if you keep them to yourself, but taking them to the next level can be daunting. Our Biomedical Entrepreneurship Program is here to help. The Foundations of Biomedical Startups course teaches you how to take novel ideas and turn them into marketable drugs, devices, and digital health solutions. Participants will have a chance to learn from, and interact with, leaders in relevant fields and start building a support system to help along the way.
All members of the NYU Langone and NYU community are invited to join.
Course Details
Location: TRB120. This course is not being offered virtually.
Course Director: Dr. Sadhana Chitale
Prerequisites: None
Credits Allocated: 3 credits
Dates and Time: Wednesdays, 5:00 to 7:00PM, September 6, 2023 to December 6, 2023
Course Objective
This course provides an introduction to biomedical entrepreneurship, with a special focus on the commercialization of academic discoveries and inventions and the entrepreneurial journey of scientist-entrepreneurs. Through a variety of reading materials, lectures, and case studies presented by guest speakers, participants gain an understanding of the requirements for launching and building a new venture in the complex and highly regulated life sciences industry, and of the special challenges related to long timelines, reimbursement, and globalization, among others.
Requirements and Deliverables
Performance is assessed and taken into consideration in acceptance decisions for follow-on courses in the Biomedical Entrepreneurship Program. We have recruited a roster of very experienced speakers and hope that all participants will respect the speakers’ time by being engaged and actively participating in the discussions.
Evaluation
Student grades will be based on the following criteria:
- participation: 80 percent
- homework assignments: 20 percent elevator pitch
This course is graded in a pass/fail format.
Course Books
Participants will be given hard copies of the following books on the first day of class:
Research to Revenue: A Practical Guide to University Start-Ups by Don Rose and Cam Patterson
The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup by Noam Wasserman
Fall 2023 Course Schedule
All classes are held from 5:00PM to 7:00PM unless otherwise noted. Attendance sheets are used to record attendance.
Week 1 – Wednesday, September 6
Topics:
General Introduction Class and entrepreneur interview
Guest Lecturers:
Moderator –Keaton Crosse
Speaker -Marc Sedam
Week 2 – Wednesday, September 13
Topics:
The Healthcare/Life Sciences industry – an overview
Guest Lecturers:
Ed Saltzman
Week 3 – Wednesday, September 20
Topics:
Evaluating the market opportunity
Guest Lecturers:
Danielle Lewis
Steven Smith
Week 4 – Wednesday, September 27
Topics:
Intellectual Property Basics
Patent 101 – How this works at NYU
Guest Lecturers:
Shilpa Patel
Week 5 – Wednesday, October 4
Topics:
Licensing IP – How to work with the technology transfer office
Guest Lecturers:
Abram Goldfinger
Week 6 – Wednesday, October 11
Topics:
Commercializing medical devices
Guest Lecturers:
Craig VoellMicke
Week 7 – Wednesday, October 18
Topics:
The process for bringing a therapeutic to market (technical, clinical and business aspects)
Guest Lecturers:
Nadim Shohdy
Stevin Zorn
Week 8 – Wednesday, October 25
Topics:
The process for bringing a therapeutic to market (technical, clinical and business aspects)
Guest Lecturers:
Nadim Shohdy
Stevin Zorn
Week 9 – Wednesday, November 1
Topics:
Commercializing Digital Health Technologies
Guest Lecturers:
Hassan Naqvi
Week 10 – Wednesday, November 8
Topics:
Critical legal issues every startup must know
Building the team
Guest Lecturers:
Joseph Ferino
Michal Gilon-Yanai
Week 11 – Wednesday, November 15
Topics:
Budgeting in a start up
Guest Lecturers:
Loren Busby
Week 12 – Wednesday, November 29
Topics:
Understanding Valuation/Dilution
Guest Lecturers:
Loren Busby
Week 13 – Wednesday, December 6
Topics:
Elevator Pitch by students followed by Panel Discussion: Being an entrepreneur; Other opportunities in health tech commercialization
Guest Lecturers:
Moderator: Frank Rimalovski
Panelists: TBD
See the Fall 2023 course syllabus for more details.