BIOMEDICAL ENTERPRISE PROGRAM A Joint Venture Between Harvard-MIT Division of Health Sciences and Technology (HST) & Harvard-MIT MIT Sloan School of Management Biomedical Enterprise Program Harvard-MIT Division of Health Sciences and Technology (HST) • Distinguished history based on a unique partnership between MIT and Harvard Harvard-MIT BE DS IDE BE NC H • Mission: Train MDs and PhDs to bring the benefit of bench discoveries to the improvement of patient care Biomedical Enterprise Program COMMERCIALIZATION: BE DS ID E BE NC H KEY to bringing the benefits of bench-to-bedside research to patient care. Harvard-MIT Business Biomedical Enterprise Program Harvard-MIT Biomedical Enterprise Program What is BEP? • Two-year program leading to – MS in Health Sciences and Technology (HST) – MS in Management and Technology (Sloan) – One thesis • Integrating an outstanding business school curriculum with a unique grounding in engineering and biomedical sciences Harvard-MIT – To train entrepreneurial biomedical business leaders – To affect successfully the cycle of beside-toclinic commercialization Biomedical Enterprise Program Who is BEP? • Faculty – Existing MIT and Harvard faculties – Venture capital and corporate guest lecturers – Business, scientific, technical, and medical mentors • Students Harvard-MIT – Entrepreneurial focus on commercializing biomedical technologies – Future leaders (not middle managers) – Compatibility with current Sloan and HST student bodies Biomedical Enterprise Program • Understand general disease processes & therapeutic strategies – Human Pathology – Molecular Biology & Genetics – Molecular/systems pathophysiology • Clinical experience • Statistics & decision-making in the context of clinical medicine Harvard-MIT Curriculum Biomedical Sciences & Technology Competencies Biomedical Enterprise Program • Conversant in language of business and management • Sloan’s Core management curriculum – Strategic management, technology management – Accounting & finance – Organizational design, human resources, negotiation • Entrepreneurship – New enterprises & entrepreneurship lab – Entrepreneurial finance Harvard-MIT Curriculum Management Competencies Biomedical Enterprise Program The BEP Integrative Stream business HST stream stream clinical stream integrated Harvard-MIT HST stream Biomedical Enterprise Program BEP Launch • Inaugural Class of Five Outstanding Students Started June 2002 • Management Committee - Martha Gray, Co-Director, HST - Frank R. Landsberger, Executive Director, BEP - Jim Utterback, Director, Management of Technology Program, Sloan • Steering Committee Harvard-MIT - Oversight of Curriculum - Admissions Biomedical Enterprise Program BEP Collaboration with University of Cambridge • Brings international perspective to BEP • Student and faculty – Joint programs/projects/teaching – Cohort building – Exchange of views Harvard-MIT • Facilitated through CMI Biomedical Enterprise Program Harvard-MIT BEP: A UNIQUE PROGRAM WITH A PLETHORA OF LOGOS Biomedical Enterprise Program