Business of Biotech

Course Curriculum

  • 1

    Welcome!

    • Welcome!

  • 2

    Pre-Course Surveys

    • Opinion Survey

  • 3

    Readings

    • "The Great American Drug Deal" & Study Guide

    • Taking Action: No Patient Left Behind

    • Optional Assignment: Write your own op-ed!

    • Additional Reading: Articles

  • 4

    Module 1: Intro to the Biotech Social Contract

    • 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

  • 5

    Module 2: Game Theory in Biotech

    • Lesson 1: Types of Financings & Funds and Why RA Made Up a Term to Describe Itself

    • Lesson 2: Crossover Investing -- Throwing the Egg Over The Wall (With Help)

    • Thinking Deeper Exercise 1: Crossover investing (Optional)

    • Lesson 3: Valuation -- Fairness is in the Eye of the Beholder

    • Lesson 4: Darmok & Jalad -- Doing Business through Memes

    • Thinking Deeper Exercise 2: Your Own Shorthand (Optional)

    • Lesson 5: Fund Size vs. Company Size and How David Can Compete with Goliath

    • Lesson 6: BioPharma Hustle and How We Knew Hep C Would Be Cured

    • Thinking Deeper Exercise 3: Examples of Biopharma Hustle (Optional)

    • Lesson 7: Behind the Scenes of a Tech Atlas Map

  • 6

    Module 3: Case Study & NPV -- Exelixis

    • Lesson 1: Exelixis case study (slides)

    • Lesson 2: NXEL NPV Model

    • Thinking Deeper Exercise: Creating a NPV model (Optional)

  • 7

    Post-Course Survey

    • Post-Course Survey