Downloaded 223 times
Uploaded byBenish
Bioentrepreneurship
This document discusses bioentrepreneurship, which involves commercializing biotechnology innovations from academia. Bioentrepreneurs take on both business and scientific risks. Examples are given of human drugs developed from biotechnology like insulin and interferons. Plants developed through biotechnology include herbicide-tolerant and pest-resistant crops. While biotechnology development and product consumption varies globally, the US leads in biotech sales and drug development. Bioentrepreneurs rely on founders, friends, family, and federal support. Essential skills include leadership, resilience, learning, and teamwork. Challenges to bioentrepreneurship in Pakistan include a lack of financial support, slow government processes, and disconnect between academia and industry.
More Related Content
Bioentrepreneurship
- 1.
- 2. BIOENTREPRENEURSHIP The Flow ofInnovations from Academia to Industry 2
- 3. Introduction • owner and managerof the business risks Entrepreneur • owner and manager of the business risks as well as scientific risks Bio Entrepreneur 3
- 4. Bioentrepreneurship The flow ofinnovation from academia to industry 4 HUMANS PLANTS ANIMALS
- 5. Human insulin, Erythropoietin(EPO) Interferons, Anti-thromboticagents Anti-hepatitis A and B vaccines, etc. 5 Humans
- 6. Plants Herbicide Tolerant CropPlants. Crop plants Resistant to Insect Attack. Resistance to Pathogenic Fungi and Bacteria, Virus etc. 6
- 7. Is Bioentrepreneurship aworldwide idea? Consumption of biotechnology-derived products Generation of biotechnology products YES DIFFERENT 7
- 8. Bioentrepreneurship: Statistics laboratory hardware Sales ofReagents Development of all biotechnology drugs 60% US 25% Europe 10% Japan 5% Rest of World 55% US 30% Europe 10% Japan 5% Rest of World 63% US 25% Europe 5% Rest of World 7% Japan 8
- 9. New Bioentrepreneurs andFour Fs New biotechnology entrepreneurs often rely upon the “Three Fs” for advice, assistance, and financing. Should also focus on 4th F Founders Friends Family 4th F Federal Federal labs Universities 9
- 10. Bioentrepreneurs : TheStarters The core requirements for bio entrepreneurs are Licensing and technology transfer. Commercialization Strategies Using University and Federal Labs. 10
- 11.
- 12.
- 13. Core Elements For Bioentrepreneurs Government Venture Capitalist Sourcesof Bio Entrepreneurship Research Institution Large Companies 13
- 14.
- 15. Biotechnology in Pakistan JointVenture in Biotechnology is still at initial stage. Guard Rice lahore Chinese Academy of Agricultural Sciences BF-Bio Sciences Argentinian Pharmaceutical Co Getz Pharma Dutch Company Amson Vaccines and Pharma Pvt ltd Novartis(polio vaccines) Amson Vaccines and Pharma Pvt ltd Green cross vaccine corps(propyhylact ic vaccines) Joint Ventures 15
- 16. Challenges in Pakistan 16 1 •No adequate financial support or other forms of technical support 2 • Slow documentation process at Ministry level 3 • The missing link between academia and industry
- 17. Measures to PromoteBio Entrepreneurship 17 Quality Education Investment by Government links between academia and industry Collaboration of Young entrepreneurs Instill or impress an idea on someone
- 18.
Editor's Notes
- #4 is “one who organizes, manages, and assumes the risks of a business or enterprise.” In other words, the entrepreneur is the owner and manager of the business risks. This duplicity of roles requires an individual who understands both risks.
- #12 Resiliency the capacity to recover quickly from difficulties; toughness. Learn. Successful entrepreneurs realize they don’t know everything and the market is constantly changing. They stay up to date on new systems, technology, and industry trends.
- #18 To inculcate is to instill or impress an idea on someone, so inculcation is the process of instilling or impressing ideas. A lot of teaching is a form of inculcation: teachers repeat information to students, hoping it will sink in.