TUMx: How to Start a Biotech Venture

Getting a business off the ground includes many challenges. Learn what key decisions need to be addressed when starting a biotech venture.

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Course Insight

Suitable for intermediate learners. Works well as a continuation after mastering Biology & Life Sciences fundamentals. It bridges the gap toward advanced, production-level engineering.

Intermediate FriendlyCertification IncludedSelf-Paced LearningHands-On Learning

SKILLS TO
MASTER

Biology & Life Sciences Basics
Fundamental principles and concepts
Practical ApplicationTrending
Real-world project implementation
Best Practices
Industry standard workflows and guidelines
Problem Solving
Core Concepts
Implementation
Workflow Integration
Optimization
Careers:Relevant for professionals pursuing roles within Biology & Life Sciences.

Quick Facts

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What You’ll Learn

Biotech companies are revolutionizing the world we live in. However, when starting a biotech venture, innovators face business challenges that go beyond regular business formation–protecting their intellectual property, securing enough financial resources, and attracting key employees and advisors.

By the end of the course, you will have the knowledge and confidence to tackle a plethora of strategic and operational challenges you are going to face as a biotech entrepreneur. To do so the course offers insights into how to build a high-performing team, how to manage the business's finances, how to ensure the venture is aligned with the market you are operating in, how to protect your intellectual property, and how to navigate legal and regulatory challenges. Thus, this course can help you to get your biotech innovation off the ground and helps you to broaden your perspective in terms of what are key business aspects to be mindful of as an early-stage biotech entrepreneur.

The course is brought to you by the Technical University of Munich - one of Europe’s most outstanding universities in research and innovation. It offers academic expertise on biotech entrepreneurship which is expanded by the hands-on expertise of those working in the field such as industry experts, patent attorneys, and entrepreneurs who will share their advice and experiences.

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Outcomes

  • Comprehensive understanding of how to establish and grow a successful team.
  • Mastering the basics of finance and accounting needed to run a venture.
  • Knowledge of market-related challenges and how to address those early on.
  • Protecting and transferring the business’ intellectual property.
  • Awareness of the legal obligations when founding a biotech venture.
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TUMx: How to Start a Biotech Venture
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