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
Viewing Course Materials
Certificate Requirements
  • View the entire course
  • Pass course exam with a 70 percent
  • Complete the course evaluation
You have two weeks from time of purchase to complete any of the online courses. For example, if you purchase the course at 9 am on Saturday, the course will close at 9 am 14 days later.

Our online classes are between 40 minutes and 85 minutes in length. We suggest allowing 20 minutes to take the end of the course quiz and 10 minutes to complete the class evaluation. 

There are no refunds once you have purchased an online course. 

The online classes are fully animated with a professional voice-over. Each course begin with an overview of what you will learn, the course itself, and then ends with a course quiz to assess your understanding.

You can repeat the class as often as you like within your two week run time.

You have two chances to pass the quiz. A passing score is 70% or higher. 

Each course is to be taken by one individual. If you would like to take our online courses as a group, please contact Stacey Hawkins at This email address is being protected from spambots. You need JavaScript enabled to view it. for pricing.

There are three requirements to receive your course certificate.

  1. You must view the entire course.
  2. You must pass the course quiz with a 70%.
  3. You must complete the course evaluation.

You can download and print your certificate from your dashboard only when all three of these items are completed. 

Before moving on to the next section of our on-demand, online courses, all slides within a section must be viewed.

There is an easy way for you to see which slides you have completed and not completed in the course. Look at the menu on the left side of the course- the slides that have been seen are darkened and the slides that have not been seen are light. 

 

BIO member discounts are available for on-demand, online classes. To access the BIO member discount, use your company email address during the checkout process. The checkout system will automatically recognize your organization and apply the 20% discount to your purchase if your company is a member of BIO. If you use a private email address we are unable to provide you the BIO membership discount.

If your on-demand course expires, but you have not completed it, you can extend it for an additional 2 weeks for $25.

  • Log into your dashboard
  • Go to the on-demand course you want to extend
  • The "Course Extension" button brings you to the payment gateway
  • Please note: It will appear you are being asked to pay the full amount of $150, but a discount will be automatically given once you fill in all of your payment information. 

You have 90 days, from the day your course expires, to take advantage of this nominal extension fee. Once the 90 days are past, you will need to pay the full price to view the course again. 

  1. Once your online course starts click on “Resources” in the upper right-hand corner
  2. In the drop down menu find the link “Course Slides”
  3. Download and/or print 
Certificate Requirements
  • View the entire course
  • Pass course exam with a 70 percent
  • Complete the course evaluation