BMEG 535 - Foundations of Biotech Sciences and Management

3 Credit(s)

This course defines biotechnology as the application of molecular biology for useful purposes. It simulates the real world science and business environments; Information and knowledge are complex, highly specific, fragmented, diverse and vast. No one individual or group or business entity or government agency is able to cover in-depth the entire science and business continuum to succeed and create value to society at large. Value creation has three different aspects; data, information and knowledge assimilation, degree of collaboration and methodology to establish successful knowledge management and business processes. The continuum of the biotechnology industry is shaped by scientific, legal, regulatory, social, economic, technological, political, financial and commercial factors. Understanding the dynamics and linked contributions of the interdisciplinary array of factors which affect commercialization of bioscience discoveries is essential to operate in the biotechnology industry. In this course we are dissecting the biotechnology industry to isolate the key drivers and study their interactions.