From invention to business
Biotech inventions must be made commercial successes
Life science business is a cornerstone of the Danish economy: If Denmark is to remain in the lead within biotech business, it is not enough to only equip graduates with bioscientific skills. They also have to be able to work innovatively and see the commercial potential and challenges for new products. Therefore, CBS is now launching a new master's programme in bio-entrepreneurship in collaboration with the University of Copenhagen and the Department of Systems Biology at the Technical University of Denmark as well as the largest companies from the biotech industry, says Finn Valentin, Professor at CBS and head of the programme.
The master's degree will provide the competences that are needed in the entire food chain from bio-inventions to business, both with the entrepreneurs, who are going to create the new businesses, and those who provide the framework for entrepreneurship, for instance the venture companies, he says.
Best business idea chosen by LEO Pharma
The programme has just been launched at an event at CBS, with students, researchers and representatives from the business community. LEO Pharma awarded a group of students from CBS, the University of Copenhagen and the Technical University of Denmark first prizeand DKK 15,000 for the project 'Flow Induced Dispersion Analysis' (FIDA).The invention makes it possible to measure the amount of proteins in fluids more precisely.
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From left to right: Simon Sylvest Rasmussen (CBS), Nina Glasser Heede (KU-LIFE), Louise Brink Thomsen (CBS) and Kim Kjøller (Senior Vice President, LEO Pharma). Tobias Aabye Dam from DTU was not present. |
To the finals in national competition
- We expect to use this product for diagnosing people and animals and measuring foods and tap water. We have prepared a business plan for FIDA, which is targeted at dogs and cats with a heart condition, says Simon Sylvest Rasmussen, one of the students behind the project.
The project has made it to the finals in the Venture Cup Idea Competition, a national competition for all Danish universities.
The business plan is a part of the elective 'Biobusiness and Innovation', the forerunner of the master's programme. The elective is being offered for the fourth time for master's students at CBS, KU and DTU in autumn 2012.
Read more about the new master's programme at www.cbs.dk/bbip.