Start-Up of a Medtech Company (SC)

Section 1, Fall 16

Schedule Information

Enrollment: 15/16
Credits: 1

Course Description

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. 

Course Requirements

Exam Info:
Midterm Type (if any): None
Description: None

Final Type (if any): None

Written Work Product
Written Work Product:

Other Work

Other Course Details
Prerequisites: None Concurrencies: None
Mutually Exclusive With: None
Laptops Allowed: Yes
First Day Attendance Required: Yes
Course Notes: This Short Course meets from October 17 through October 27, 2016.   ATTENDANCE: Enrolled students who do not attend the first class session will be dropped. Students seeking to enroll in this course must attend the first class session. 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). 

Graduation Requirements

*Satisfies Writing Requirement: No
**Credits For Prof. Skills Requirement: Yes
Satisfies Professional Ethics: No

*Yes means professor requires everyone in the course to submit a substantial research paper (which is the requirement standard in Academic Policies), so no paperwork required to be submitted to SRO. No means student must timely submit paperwork to SRO if intending to use a paper in this course to satisfy the Writing Requirement.

**Yes indicates course credits count towards UVA Law’s Prof. Skills graduation requirement, not necessarily a skills requirements for any particular state bar.

General Information

Schedule No.
Law No.
Modified Type
Cross Listed: No
Cross-Listed Course Mnemonic:
Public Syllabus Link: None
Evaluation Portal Via LawWeb Opens:
Evaluation Portal Via LawWeb Closes: