Industry Perspectives on Innovative Medicine

Industry Perspectives on Innovative Medicine (IPIM) is an engaging week-long school for advanced undergraduate, master's, and PhD students interested in the non-academic side of biomedical research and the medical business sector. The programme features lectures by industry experts, guest speakers, site visits, and interactive workshops.

Business Workshops

During the workshops, students gain experience developing novel business ideas based on scientific research. They learn how to translate scientific inventions into a value proposition for various stakeholders involved in the medical field, develop business models that would allow these inventions to become viable and sustainable businesses, and create impact for society. Along with the workshops, the participants collaborate with seasoned business coaches, working together in groups to formulate compelling business proposals rooted in cutting-edge research.

Final investor pitch

The culmination of the IPIM experience is the final day, when participants present their group business proposals. The event is structured as an investor pitch, where each group presents its proposal to an expert jury. This immersive and practical approach to learning equips students with valuable skills and a real-world perspective on the intersection of innovation, medicine, and industry dynamics.

Learning Outcomes

By the end of this intensive Summer Course, students will be able to:

• Understand business model design and customer value propositions.

• Identify customer and societal value from biomedical research.

• Recognize the importance of intellectual property.

• Apply strategic thinking, including competitive advantage and partnerships.

• Understand competition and competitive advantage.

• Recognize the role of teams and investors in startups.

• Understand technology road-mapping and product development in life sciences.

• Develop and deliver a pitch based on a clear business model and value proposition.