The goal of the Fundamentals of the Bioscience Industry program is to provide life scientists with a comprehensive introduction to the bioscience business environment by examining the commercialization process – how an idea becomes a product. This includes evolving business models, product development cycles, regulatory issues, finance, managerial challenges and future trends in the life sciences. Participants will develop commercialization strategies/reports around real intellectual property and business issues.
The program serves as the cornerstone program for the newly created Advanced Graduate Certificate in Life Sciences Innovation and Entrepreneurship. Graduates of this 16 credit Advanced Certificate in Life Sciences Innovation and Entrepreneurship will exit the program with the ability to interpret the vernacular of life sciences industry and summarize discipline specific foundational knowledge to be successful in bio-specific business ventures.
Created by the Center for Biotechnology, a New York State Center for Advanced Technology at Stony Brook University, the Fundamentals program exposes current life sciences graduate students, post-docs, and early career professionals to a broad range of career opportunities beyond the bench, and how to utilize the core competencies taught in the program to advance their own careers.
Program graduates will:
– Understand the process by which a technology becomes a product
– Work hands on with technologies to advance an invention
– Gain insight into the factors that influence corporate decision making
– Increase their marketability by expanding their education beyond the typical classroom
– Make connections with industry leaders through on going classroom interaction
– Gain access to a network of almost 400 program alumni providing career opportunities, mentoring and social interactions
The program is one semester long (14 weeks) and consists of two, 2½-hour classes per week. The program is currently offered on Long Island at Stony Brook University. View class schedule for more information on program dates and locations.
Program attendees will be responsible for participating in a semester long group project culminating in a Critical Path to Commercialization (CPC) report and presentation at the end of the program. Students will work on real life projects to help advance the value of the invention. This CPC report, a final investor-style presentation and class participation will be the basis for evaluation. Students who complete all sessions will be awarded a Certificate of Completion by the Center for Biotechnology.
The Center for Biotechnology recognizes the increasing costs of higher education and appreciates the challenges students face in funding their studies. The Center for Biotechnology has been able to formally subsidize the cost of the program for all graduate students and post-docs registered at NY State academic and research institutions as reflected in the pricing above..
Students who complete all sessions will be awarded a Certificate of Completion by the Center for Biotechnology.