Business of Biotech
Originally designed for PhD students and biotech professionals with 1-3 years of industry experience, this foundational course introduces students to the biotech social contract and M&A game theory using in-depth examples.
Disclaimer: We created this course in 2021 and a lot has changed since then. For a better learning experience and more up-to-date information, we strongly recommend Biotech Unveiled: Understanding the U.S. Biomedical Innovation Marketplace and its Global Role.
Course Curriculum
Welcome!
"The Great American Drug Deal" & Study Guide
Taking Action: No Patient Left Behind
Optional Assignment: Write your own op-ed!
Articles
Lesson 1: Intro - How a Biotech Investor Came to the Drug Pricing Debate
Lesson 2: The Biotech Social Contract -- The Mortgage we Pay for Generic Drugs (and why we shouldn't settle for renting)
Lesson 3: Generics -- Their Value to Society and Why They're Worth Celebrating
Thinking Deeper Exercise 1: Value of Generics (Optional)
Lesson 4: The VC Perspective and Why Short Term Profits are Crucial
Lesson 5: One Simple Formula to Determine if an Investment is Compelling
Thinking Deeper Exercise 2: Failed Drug Case Study (Optional)
Lesson 6: Price Controls, How Congress is Missing the Big Picture, and The Beyoncé Effect
Lesson 7: Global Pricing and why the USA is a Good Roommate
Lesson 8: Public Perception and Peter's Answer to Victims Price Gouging
Thinking Deeper Exercise 3: Your perspective (Optional)
Quiz: The Great American Drug Deal
Free