ME 6789: Technology Ventures
Offered Spring, Even Years

Credit Hours: 3-0-3
Prerequisite: Graduate standing in engineering or related discipline
Catalog Description: Team discussion and case studies of issues in biomedical engineering technology transfer including licensing, financial capital, safety and efficacy studies, clinical trials, and strategic planning. Crosslisted with BMED, ECE, CHE, and MGT 6789.
Textbook: None
Instructors: David Ku (ME), Terry Blum (MGMT), Patrick Dickson (MGMT - Spring 2004)

Outline:

I. Start-up companies vs. licensing arrangements. Corporate structures - "C", "S", LLC.
II.
 
Financing sources - Loans, SBIR, STTR, Angels, Venture Capital, Buy-outs, Acquisitions, Initial Public Offerings.
III. Animal and Clinical trials
IV. Cost-benefit analysis. Company valuations.
V. Public policy issues.
VI. Managed care and global marketplace environment.
VII. Manufacturing and sterilization issues.
VIII. Exit strategies.

80% lecture, 20% demonstration

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Revised June 2004