Details

Medical Innovation II

Medical Innovation is an interdisciplinary initiative focused on producing new healthcare innovations and equipping students with the skills necessary to be lifelong innovators. It involves students and faculty from four schools: Law, Medicine, Engineering, and Business. The course is the first such program of its type in the country to combine practical innovation and commercialization together formal classroom instruction, and also the first to incorporate active involvement by law school faculty and students. Medical Innovation is offered as a part of Northwestern's NUvention program. Medical Innovation runs for 6-month (the Fall Quarter 2010 and the Winter Quarter 2011, starting later September 2010 and ending by Spring Break 2011) and is designed to train students with the skills necessary to commercialize innovations: to seek out compelling, unidentified or underserved clinical problems; generate novel approaches and ideas to solve those problems; transform these ideas into tangible medical innovations that will alter patient care at the bedside; and plan for commercial development of the innovations. Students will experience the entire innovation life cycle from ideation to prototyping, to legal protection, to business plan development, and, finally, to investor presentation. Students will work in teams consisting of members drawn from each school under the supervision of faculty directors. Teams will begin by identifying a medical innovation working together with faculty physicians from a given medical subspecialty, and faculty engineers who will oversee the prototyping of the invention. At the same time the students will investigate suitable legal protection and technology transfer, and prepare a business plan guided by faculty from the law and business schools. A weekly case study/lecture/guest speaker class, designed by faculty directors from each graduate school, will address topics vital to each stage of the innovation and commercialization process. At the conclusion of the program each team will present its invention and business plan to a panel of potential investors and development partners, with the goal of securing actual commercialization of the invention and possible formation of a start-up enterprise. The course satisfies 6 Law School credit hours, for both the Fall and Winter quarters combined. Students will be required to enroll for both quarters, although each quarter will constituting a separate course for enrollment and transcript purposes - Medical Innovation I & II. The weekly classes are scheduled for Wednesday evenings during both quarters located on the Chicago Campus (in the Feinberg Medical School) during the Fall Quarter and the Evanston Campus during the Winter Quarter. The course is open to second- and third-year students. While there are no formal prerequisites, the course is especially suited to students with an interest in entrepreneurship and the legal skills associated this (intellectual property, corporate & venture finance, health care law, etc.). Business experience and a background in business associations and intellectual property is strongly recommended. Grades will be based on the student's contribution to the overall team project, with special attention being given to the student's resolution of all associated legal issues (and their written products relating to this), and participation in class. It is anticipated that each team will receive a common grade, with some possible adjustment up or down based upon individual performance. Your grade will be translated into the alpha scale used by the Law School.


Catalog Number: PPTYTORT 642
Practice Areas: Intellectual Property Practice AreaLegal Skills Development


Course History

Spring 2014
Title: Medical Innovation II
Faculty: Oster, Leslie A. (courses  |  homepage)
Berkowski, Kimberly
Stokes, Daniel
Section: 1     Credits: 3.0
Capacity: 14     Actual: 14



Spring 2013
Title: Medical Innovation II
Faculty: Francis, Clinton William (courses  |  homepage)
Chang, William (courses  |  homepage)
Section: 1     Credits: 3.0
Capacity: 15     Actual: 14



Spring 2012
Title: Medical Innovation II
Faculty: Francis, Clinton William (courses  |  homepage)
Section: 1     Type: Seminar     Credits: 3.0
Capacity: 14     Actual: 0



Spring 2011
Title: Medical Innovation II
Faculty: Francis, Clinton William (courses  |  homepage)
Chang, William (courses  |  homepage)
Section: 1     Type: Seminar     Credits: 3.0
Capacity: 14     Actual: 14