Class Entrepreneurship - Technology and Innovation

The creation of technology-based companies has very specific features that justify teaching for future biochemical professionals who want to move into a bio-entrepreneurial career. The knowledge to transmit starts with the differences between a start-up and a spin-off company in the area of biotechnology. Moreover, the course will teach the differences and complementarities between biotech companies and the pharmaceutical industry (big pharma, biopharma).

• Characterization of spin-off companies.
• Examples of start-ups and spin-offs in red biotech
• Examples of start-ups and spin-offs in green biotech
• Examples of start-ups and spin-offs in blue biotech
• Examples of start-ups and spin-offs in white biotech
• The importance of analysis of the freedom to operate (FTO) in the creation and consolidation of start-up and spin-off companies, and of the IP (intellectual property) of the main technologies used to launch the new company.
• Analysis of competitors and benchmark in the process of setting up a start-up or spin-off businesses.
• Introduction to the development of a business plan and a marketing plan for the launch of new companies or new products and for new services in consolidated companies.
• Structuring licensing agreements between pharma & biotech, covering the typical cases for payment by milestones and by royalties.

A business plan will be prepared throughout the classes. A pitch will be prepared and will be presented in the current model of presentation to investors. This work will be presented to the class

• Scientific papers related to the subject