Fall 2014
    Law No.: LAW7619
    Sched. No.: 114821824

Start-Up of a Medtech Company (SC)
Section 1
Gaines, Weaver H.

Administrative Information:
During SIS enrollment, check on SIS for real-time enrollment numbers
Days, Times (Room):MTWR, 0820-0950 (WB121)
Credits:1Type:Lecture - short course
Capacity:21 **This information is current as of 05/22/2015 06:14:34 AM**
Current Enrollment:21 **This information is current as of 05/22/2015 06:14:34 AM**

Course Description:

This short course meets Monday-Thursday, 8:20-9:50 a.m., October 27-November 6.

An introduction to the entrepreneurial process involved in the start up of a medtech company formed to commercialize a university discovery. The course will provide insight into the peculiar issues of the financing of a medtech company and will touch on the entrepreneur's evaluation of a scientific/commercial opportunity, business issues in negotiating and drafting a patent license term sheet, the key elements of the business plan, and developing and delivering a slide presentation to potential investors. Materials will include actual issued patents, selected peer-reviewed journal articles, and real-life documents related to the founding and financing of a medical device company. Students will deliver an “elevator speech,” and, working in teams, will negotiate a term sheet for a license agreement with the university, prepare an executive summary of a business plan (based on an actual business plan that is provided), and prepare and deliver an investor presentation. Grades will be based on individual class participation, team evaluation of opportunity screen, team role-playing patent license negotiation, individual delivery of an “elevator speech,” team preparation of a written business plan executive summary (600-1200 words), and team-drafted investor slide presentation (12 slides).

ATTENDANCE REQUIREMENT: Attendance at all class sessions is expected
COURSE REQUIREMENT: Elevator speech, Business Plan Executive Summary, and a slide presentation

This course is on the professional skills course list.