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Technische Universität München (Technical University of Munich)

Biotech — From Science to Business

Technische Universität München (Technical University of Munich) via edX

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Overview

New scientific discoveries in the biotechnology field can potentially change the world we live in. To do so, they need to be made available to the world. This course will help you build the knowledge and confidence to evaluate a biotech innovation's potential and develop a strategy for success.

The course illustrates the challenges of biotech entrepreneurship and what it means to start a biotech venture. It will teach you the methods needed to evaluate the potential of biotech innovations and how to define a suitable business model. You will learn how to develop a strategy to pursue with your venture and which first steps to take when starting your business endeavor.

This course is part of the professional certificate program “Realizing Biotech Innovations — A Business Guide for Scientists,” which consists of three courses designed to bring your biotech innovation to the market. The course is brought to you by the Technical University of Munich — one of Europe’s most outstanding universities in research and innovation. It offers academic expertise on biotech entrepreneurship, expanded by the hands-on expertise of those working in the field, such as industry experts and entrepreneurs who share their advice and experiences.

Syllabus

Module 1: Understanding the Business of Biotechnology

Introduction of the specific business challenges in the field of biotechnology and what it means to start a biotech business

Module 2: Assessing Your Idea

Overview on evaluating the potential of biotech business ideas and how to tailor your product or service to the market

Module 3: Modeling Your Business

Introduction to the concept of business modeling and how to apply it in the field of biotechnology

Module 4: Getting Started

Outlook on how to strategically plan the next steps to realize your biotech innovation and what to be mindful of in terms of team development and IP transfer

Taught by

Svenja Jarchow and Stefanie Weniger

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Reviews

4.4 rating, based on 17 Class Central reviews

4.8 rating at edX based on 15 ratings

Start your review of Biotech — From Science to Business

  • Anonymous
    I must say it was an incredibly enriching experience. This course is a gem for anyone looking to bridge the gap between biotechnology and business in a comprehensive and engaging manner. The course content is top-notch, covering a wide range of to…
  • Anonymous
    Great course, it provides a lot of content and depth on Biotech ventures and how to start not just a Biotech business, but any business. The highlight of the course was hearing from other founders and gaining a little of their insight on what they f…
  • Anonymous
    I followed this course as a research scientist interested in the business side of my research. It introduces useful basic concepts, but as a scientist, I prefer more practical knowledge than theoretical. But I understand that that is also an aspect of business itself, it is a bit more vague. I think the course is well-structured and insightful. However, my main complaint is that it is too expensive. I would have paid for the full version 40 euros but not 140. A way to make the course cheaper is to do more extensive multiple-choice questions which also include an automatic explanation of why the answer is correct, instead of the graded questions.
  • Anonymous
    Interesting course . I learnt many unknown topics regarding Marketing and business. The way of explanation is too good and the language of teaching is awesome , it made me ease to compete the course . Now I can answer questions related to the this topic . Thank you so much for this course .
  • Anonymous
    As a biotechnologist interested in entrepreneurship, I really enjoyed taking part in course: it is very well structured, including several important concepts that were, however, explained in a clear, easy to follow way. Together with the graded exercises and the question forum, I believe this course is a solid introduction to biotechnological entrepreneurship, it is totally recommendable if you are interested in this field.
  • Anonymous
    Very interesting an useful, i would recommend it 100%. It finds a great way to cordinate and connect the world of science with the world of business. Information was very clear and detailed, also explanations were given when needed. I liked he fact that several experienced CEOs shared their stories and struggles. Finally, the quizes and tests were on point and the questions were simple and straightforward.
  • Anonymous
    The “Biotech — From Science to Business” course is highly informative and beneficial for startup programs. The course content is excellent, with outstanding video explanations. The practice questions and graded exercises are very useful. The examples of biotech startup companies are excellent ventures in biotechnology. This course significantly raises interest in research and the biotech business.
  • Anonymous
    It was an interesting course that I would recommend to others. But personally I found it a little tougher than expected, it is very time consuming. Also the questionnaires were not completely clear all the time and wrong answer must include an explanation because you do not really learn from them.
  • Anonymous
    I thought that the course was very well structured, which was conducive for learning. This enabled me to retain the information that I had gleaned from the course.
  • Vimla Chaudhari
    This Course is very useful to switch from job to business and start to new venture. It gives many suggestions and make be confident enough to become entrepreneur. Various scientist Company's CEOs ,Co Founders and Company's owner gives their opinion, feedback and valid points regarding their respective fields. their opinion were very useful. we can learn how to deal with problems , and find their solution in better way. Videos gives us informative information and well explained by professor.
  • Anonymous
    Really informative course. Covers topics related to biotech innovation, spinning out, financing deals, IP Protection.
    It also has interviews from co-founders who have themselves been on this journey and made it to the other side of entrepreneurship by establishing successful biotech ventures!

    I'd highly recommend anyone to take this course if you want to know the business side of the biotech industry as it is not the same thing as compared to other industries.
  • Anonymous
    Biotech-From science to business course is very informative and useful course for start up programs. The course content is having very good with excellent video explanations.Pratice bits and graded exercises are useful. Examples of biotech start up companies are excellent venture in biotechnology. This course is raise interest in research and biotech business.
  • Anonymous
    It was very informative as it shows basic entrepreneurial strategies in BioTech. It was especially helpful to have a Video where we could listen to actual entrepreneurs and hear their real voices. You can't take all of this on board, as real situations and studies are different, but I think this is a good guideline.
  • Anonymous
    Interesting introduction into how to start up a biotech company. Great for people coming from science since many challenges and opportunities are covered from their perspective.
  • Anonymous
    Nice concept , easy way of explaining , nice language, interesting , learnt many unknown things , I improved a lot in this program
  • Anonymous
    This course has introduced me to a new perspective and made me see the full picture between science and business. I would recommend for anyone who want to shift their scientific mindset more to the business and industry world.
  • Anonymous
    The course provides a good overview on how to step into the biotech industry including examples of biopharma and biomanufacturing for the green transition.
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