Biopharma Business Acumen

  • Course Price: $150 USD
  • BIO Member Price: $120 USD
  • Course Run Time: 45 minutes
  • Course Level: Level 1 - Foundational
  • Completion Period: 2 week

Biopharma Business Acumen was developed for those who need to better understand the unique considerations encountered by industry executives. The Oxford English Dictionary defines acumen as “the ability to make good judgments and quick decisions” and this course explores four areas in which good judgement  and quick decisions can only be managed if one understands the basics of financing vehicles, intellectual property law, life cycle management choices, and drug pricing challenges.  

Takeaways
  1. List the three basic financing vehicles used in the biopharma industry and when in the drug development process each financing vehicle is utilized.
  2. Explain key patent concepts to determine if a claim is worthy.
  3. Compare and contrast a supplemental new drug application and an abbreviated new drug application
  4. List and explain the various strategies used by biopharma to extend a drug’s life cycle.
  5. Discuss ways to strategically price a drug.
Certificate Requirements
  • View the entire course
  • Pass course exam with a 70 percent
  • Complete the course evaluation
Trailer
Section 1: Basic Financing Vehicles
Lists the basic financing vehicles used in the biopharma industry, describes when in the drug development process each of the vehicles may be utilized...More
Section 2: IP Management of a Cure
Compares and contrasts patents and exclusivity, explains the criteria used by the USPTO to determine if a claim is worthy of a patent, and lists and e...More
Section 3: Life Cycle Management of a Cure
Compares and contrasts a supplemental new drug application and an abbreviated new drug application, discusses the parts of a biopharma drug’s life c...More
Section 4: Pricing a Cure
Discusses the factors involved in drug pricing in the US, lists US drug price influencers, and describes ways to strategically price a drug product.
Final Quiz
Course Evaluation
Certificate Requirements
  • View the entire course
  • Pass course exam with a 70 percent
  • Complete the course evaluation