Course Details

Medical Technology Financing and Commercialization
HCAK-611-0
Previously Known as KIEI-611-0
1.0 CR
Elective
PASS / NO CREDIT
No
DESCRIPTION
This course offers students an experiential learning opportunity to work directly in the commercialization and fundraising process for innovative, pre-commercial medical technologies, to include devices, diagnostics, services and IT solutions. The insights from this hands-on course will be most beneficial to students with an interest in entrepreneurship, product design, early stage financing and medical product marketing. Students will be placed on four-to-five member teams based on their skills, experience and interests. Each team will function as members of the executive team working with select Northwestern tech transfer companies curated by Northwestern's INVO (Innovation and New Ventures Office). Each company will present their technology on the first day of class, after which students will force rank their top choices and will be matched by the faculty to meet top preferences. Once matched, students will work with their respective companies to build a complete investor deck that will be delivered to a panel of industry and finance experts at the end of the term. Each class includes a faculty lecture and guest lecture in an effort to bring real world experiences and perspectives to each topic. Since its inception, this course has produced companies that competed in and won prestigious business plan competitions. It has also graduated several technologies/companies that are now FDA cleared and commercially available.

Note: This course may not be dropped after the first week of the quarter.

TRACKS
Entrepreneurship Pathway
Healthcare Pathway - Product
Healthcare Pathway - Provider
SCHEDULE SUMMARY
Winter 2023
CH
EV

CH (Chicago)
EV (Evanston)
DayTime
Evening
Saturdays
Popup
PREREQUISITES
Negative Prerequisite:
All Students: KIEI-611-0 AND ENTR-611-0 AND KIEI-911-0