BIO Professional Development
Through a curated network of education alliance partners, BIO offers industry professionals executive training and development resources for accelerating career growth
Biopharma Business Acumen
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 judgment 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
- List the three basic financing vehicles used in the biopharma industry and when in the drug development process each financing vehicle is utilized.
- Explain key patent concepts to determine if a claim is worthy.
- Compare and contrast a supplemental new drug application and an abbreviated new drug application
- List and explain the various strategies used by biopharma to extend a drug’s life cycle.
- Discuss ways to strategically price a drug.
Download Course Syllabus
Certificate Requirements
- View the entire course
- Pass course exam with a 70 percent
- Complete the course evaluation
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