From Science to Business - Concepts in Biotechnology
KTH: ME2824, SSE: 8096, KFK: SSES07, SU: FE6612
KI: 2XX002, 2QA214, 4B1068,
Spring 2017: Mar 28 - May 11
The course runs after 5 pm on Tuesdays and Thursdays in 2-3 hour sessions
Worth: 7.5 ECTS-credits
Swedish course name
Från forskning till företagande – koncept inom bioteknologi
NB: A certain quota in this course is reserved also for PhD-students.
The biotech-industry is like no other industry. This course provides biotech-entrepreneurs with knowledge to commercialise and run a business within their specific field.
Intended learning outcomes
The overall aim of this course is to develop an understanding of commercialization and management of projects and companies within life sciences. The objectives can be summarised as follows: to understand the life sciences business context, provide simple but effective business tools and to broaden the perspective of career alternatives (industrial, private etc.). The learning outcomes for the course can be subdivided into two broad areas; i) Biotech business including finance, strategy, law and regulations and ii) Entrepreneurship and innovation. After the course the student should be able to:
- demonstrate a general understanding of the field of the life science industry and how it has evolved
- understand and demonstrate knowledge of the commercialization and management of life sciences companies
- argue for advantages and disadvantages of public and private financing of early stage life science companies
- apply basic strategies, tools and key skill-sets for life science based companies
- demonstrate theoretical and practical knowledge within the overall legal and regulatory framework for life science based businesses (public procurement, patenting law, regulatory authorities)
- understand and demonstrate how research discoveries and inventions are commercialized
- apply understanding and knowledge of the basics of innovation and entrepreneurship in a broader context and relate to own field of study
- understand the innovation system and its actors
The course deals with the development and management of biotechnology life science businesses, with a focus on commercializing discoveries and inventions. The course consists of seminars lectures and seminars based on practice and theory of the different stages of business development. as well as a group-project presented in writing and orally.
The broader picture is given by researchers in sociology or business administration with an insight into academic discoveries, startup companies, venture capital, business expansion and exits. Teaching and learning activities
A combination of guest speakers with theoretical and real-life experiences of starting, running and developing science based companies. Interactive seminars with focus on discussions on the different topics combined with actual use of the provided knowledge.
Grades and form of assessment
The final grade will be based on:
- Case assignment
- Oral presentations.
There is compulsory attendance in the seminars, casework and presentations. Failure to attend obligatory parts of the course may be compensated for by completion of assignments, decided on in agreement with the course leadership and judged on a case-to-case basis.
The course language is English.
The course is offered within the framework of the Stockholm School of Entrepreneurship.
Responsible institution: Karolinska Institute (KI)
Literature and teaching aids
Study material made available during the course form the principal reference material and provides the basis for the examination. The student will also retrieve web-based information.
Hanna Jansson has a PhD degree in Medical Genetics from Uppsala University. As a researcher Hanna focused on sensitive forensic DNA analysis and worked in close collaboration with a biotech company in Uppsala, including product development and patent applications. In 2005 Hanna wrote the identification part of the Swedish Tsunami report, and a couple of funding applications by order of the medical faculty in Uppsala. At UBE Hanna works as the coordinator with operative responsibility of the unit activities, including management, development, funding and cooperation.
Aileen is currently pursuing a PhD at the Department of Neuroscience, Karolinska Institutet. Her research interest focuses on molecular characterization of brain tumours and potential methods for improved clinical therapy of these tumours. She is the founder of Lin-KI, a mentorship program that assists high school students to explore possibilities with a career in science. She was a student in White-Label, a one-year diploma program in interdisciplinary education offered by SSES and has participated in several courses and workshops at SSES.