BIO6015 - Bioentrepreneurship

Objectives:

On successful completion of the module, students will be able to:
Develop a clinically relevant new idea in biomedical science and show how this can be taken forward commercially.
Collect and appraise research and commercial information on a chosen biomedical science topic.
Produce a concise, reasoned business model canvas using the collated information.
Engage in a research team and contribute to the progress of both themselves and other team members.
Generate a concise, reasoned executive summary and slides for a presentation.
Present, as part of a group, a new idea in biomedical sciences and illustrate how this could be taken forward commercially.

Content:

This module aims to develop transferable skills and link these to student’s knowledge of current issues in biomedical sciences. Student’s will be taught the concept of commercial exploitation of biomedical science discoveries and medical technologies. Each student will use a Business Model Canvas to evaluate their own idea. The importance of team roles and experience of teamwork will be illustrated to help students with a group activity. Groups of 3-5 students working with the same project supervisor will investigate the commercialisation of an idea linked to their research. These groups will present their commercial ideas in a Dragons Den style presentation to members of staff and produce an executive summary for the panel.

The content of this module has been mapped to the IBMS QAA Benchmark requirements for:

- Generic and subject-specific skills including awareness of the need for compliance with health and safety policies, good laboratory practice, risk and COSHH assessments, the Human Tissue Act, other relevant legislation and the importance of quality control and quality assessment.
- Other Biomedical Science Skills including research skills, including ethics, governance, audit, experimental design, data generation, statistical analysis, literature searching, scientific communication; key transferable skills, including communication, IT, numeracy, data analysis.

Learning and Teaching Information:

The 8 x 2h Lectures will cover key essentials for enterprise during the first four weeks of semester 1. Students will undertake 18 h of group work (1 x 3h per week) for the last 6 weeks of teaching to prepare and then deliver a 10 min group presentation at the end of the module. Lectures and Group work will be supported by Tutorial sessions (1 x 1h/week). The groups for this will each be made up of 3-5 students working under the same supervisor.

Lectures
Hours: 16
Intended Group Size: Full Cohort

Tutorials
Hours: 10
Intended Group Size: Max 15

Group work
Hours: 18
Intended Group Size: Max 15

Guided independent study
Hours: 106

Further details relating to assessment
Post lecture activities submitted through Moodle will facilitate ongoing formative assessment opportunities via lecturer or peer feedback.

The Business Model Canvas is constructed using a Template to present the Biological based Business idea used in the presentation. Teaching for this assessment will be in the first 4 weeks of semester 1. The Group Executive Summary will be produced by each group to summarise the idea they will be presenting. The combined Executive Summary plus Business Model Canvas will be submitted mid-semester 1.

The slides for the Group Presentation at the end of semester 1, during the first exam week. The Presentation itself will take place in the second exam week and will comprise a Dragon’s Den styled 10 minute presentation followed by 5 mins questions from a staff panel.

Other information
The Institute of Biomedical Science (IBMS) professional body requires students to achieve a pass mark in all assessment components for modules that cover the clinical laboratory sciences subject areas including this one. Condonement/compensation will not be permitted for this module, that contributes significantly to the benchmark statement and have learning outcomes that students achieve that cannot be evidenced elsewhere for the accreditation of the degree.

Assessment:

Fact File

Module Coordinator - PRS_CODE=
Level - 6
Credit Value - 15
Pre-Requisites - NONE
Semester(s) Offered -

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