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On successful completion of the module, students will be able to:
LO1 - Develop a clinically relevant new idea in biomedical science and show how this can be taken forward commercially.
LO2 - Produce a concise, reasoned individual business model canvas plus a group executive summary using the collated information.
LO3 - Engage in a research team and contribute to the progress of both themselves and other team members.
LO4 - Present, as part of a group, a new idea in biomedical sciences and illustrate how this could be taken forward commercially.
This module aims to develop transferable skills and link these to your knowledge of current issues in biomedical sciences. You will be taught the concept of commercial exploitation of biomedical science discoveries and medical technologies. You will use a Business Model Canvas to evaluate your own idea. The importance of team roles and experience of teamwork will be illustrated to help you with a group activity. Groups of 3-5 students, working with the same project supervisor, will investigate the commercialisation of an idea linked to your 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.
The 8 x 2 hr Lectures will cover key essentials for enterprise during the first four weeks of semester 1.
You will undertake 18 hr of Group work (1 x 3 hr per week) for the last 6 weeks of teaching to prepare for your presentation. You will then deliver a 10-minute group presentation at the end of the module.
Lectures and Group work will be supported by Tutorial sessions (1 x 1 hr per week).
Lectures
Hours: 16
Intended Group Size: Full Cohort (40)
Tutorials
Hours: 10
Intended Group Size: Max 20
Group work
Hours: 18
Intended Group Size: 40
Guided independent study
Hours: 106
Further detail relating to assessment
Assessment tasks are designed to measure the extent to which you have satisfied the Level Learning Outcomes for your programme. Some modules, for example where there are professional body (PSRB) requirements, will also test for module-specific skills and knowledge.
Further details of assessment are available in the Assessment Handbook for your programme and in Assessment Briefs provided by Module Tutors.
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 your group to summarise the idea you will be presenting. The combined Executive Summary plus Business Model Canvas will be submitted mid-semester 1.
The presentation slides for the Group Presentation will be submitted 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 minutes of questions from a staff panel.
Module Coordinator - PRS_CODE=
Level - 6
Credit Value - 15
Pre-Requisites - NONE
Semester(s) Offered -