Navigation Links
Johns Hopkins Student Team Wins $10,000 Biotech Case Competition
Date:2/20/2013

(PRWEB) February 20, 2013

A student team from Johns Hopkins University won the $10,000 first prize in the 4th Annual Biotechnology Conference and Case Competition held this month at Wake Forest University in Winston-Salem, N.C.

Eight student teams from leading American universities were assigned a business problem by competition co-sponsor Boston Scientific, a Massachusetts-based medical equipment company. They were asked to create a strategy that would enable Boston Scientific to market its urology products in China.

Given a week to prepare their proposals, the teams made the final presentations to a panel of judges February 9 at Wake Forest. Results were announced later that evening at an awards dinner in downtown Winston-Salem.

The Johns Hopkins team was captained by Kalyan Kanakamedala, a student in the dual Master of Business Administration and Master of Public Health program run by JHU’s Carey Business School and Bloomberg School of Public Health. His teammates were Michelle Zwernemann, a Master of Science in Engineering candidate at the Center for Bioengineering Innovation and Design at JHU’s Whiting School of Engineering; Kyungmin Song, who holds a medical degree and is also a MBA/MPH candidate at Johns Hopkins; Robin Kabir, a student in the Carey Business School’s Global MBA program; and Nicolae Done, a doctoral candidate in health economics and policy at the Bloomberg School of Public Health.

Students on the team said the broad range of their specialties and international experiences were pivotal to their success in the competition.

“All of the teams offered pretty similar business plans, but I feel ours stood out because we were able to offer detailed steps and analyses that would help the company realize its goal,” said Song. “We looked closely at the risks and challenges, and how to mitigate them. We had details and insights that I don’t think the other teams had, and that made a big difference.”

“We gave Boston Scientific ideas that they could actually implement right away,” Kabir said. “Anytime you come up with a strategy, you have to rationalize it with very thorough data, and we provided that.”

Kabir partly credited his readiness for the competition to his recently completed experience in the Carey Business School’s Discovery to Market technology-transfer course. In the year-long course, Carey students learn the complex process of evaluating scientific discoveries (most of them made by Johns Hopkins researchers) and determining their potential for commercialization.

The Johns Hopkins students focused not only on the content of their 25-minute presentation (including a 10-minute Q&A with the judges) but also on its form. Kabir said they rehearsed the presentation to ensure that even the physical movements of the team members reflected thoughtful planning. “We had a good flow,” he said.

Wake Forest University students took second place and a $5,000 prize, while the University of Florida team finished third, earning a $2,000 check. Honorable mention awards of $500 each went to teams from Northwestern University, the University of California-Berkeley, the University of California-Los Angeles, the University of California-San Diego, and the University of North Carolina-Chapel Hill.

Len Preslar, Distinguished Professor of Practice and Executive Director of Health Management Programs at the Wake Forest University Schools of Business and a faculty advisor for the event, said at the awards dinner, “The Biotech MBA case competition is unique in that it unites students from a variety of educational backgrounds to solve a strategic challenge. The quality of the presentations was very impressive in their analysis and recommendations.”

Addressing the student teams, Preslar added, “Take advantage of these learning opportunities as they will surely benefit you in your careers.”

In addition to Boston Scientific, the event’s sponsors were Wake Forest Baptist Health, Banner Pharmacaps, Benefit Advocates, BlueCross BlueShield of North Carolina, Bourne Partners, Cornerstone Health Care, Covidien, Merz Pharmaceuticals, North Carolina Biotechnology Center, Sanofi, and TransTech Pharma.

Read the full story at http://www.prweb.com/releases/2013/2/prweb10443437.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Johns Hopkins Health System is 100th healthcare Provider to Integrate OnBase With Leading Electronic Medical Record System
2. GenScript to Synthesize Yeast Genome with Johns Hopkins Scientists
3. Van Andel Institute Partners with UNCF to Recruit Students to Biomedical Research Careers
4. Fortis Offers Bachelor of Science in Nursing Degree Program to Florida Students
5. Bunker Hill Community College Student Speaks at 2012 BIO International Convention
6. Lab course that starts with students own ideas wins Science magazine prize
7. Assay Depot Launches Make Your Mark Science Competition For High School Students
8. DNA Genotek Inc. Announces $10,000 GenoFIND™ Genomic Services Award
9. GenWay Biotech Launches New Cardiovascular Diagnostic Blood Test at American Heart Association Scientific Sessions 2011
10. Puma Biotechnology Announces Completion of Private Placement
11. Animal Biotechnology - Technologies, Markets and Companies
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/2/2016)... Q BioMed Inc. (QBIO), a ... Research Inc. will be attending the Association for Research ... May 1-5, 2016 in Seattle Washington ... vendors and research partners. The meeting provides organizations the ... collaborative opportunities for the MAN-01 program for treatment of ...
(Date:4/29/2016)... (PRWEB) , ... April 29, 2016 , ... ... in personalized pain medicine, is excited to announce the launch of the ... public health studies, volunteerism, and education to promote the use of personalized medicine ...
(Date:4/29/2016)... ... , ... Intelligent Implant Systems announced today that the two-level components for the ... United States. These components expand the capabilities of the system and allow Revolution™ ... October of 2015, the company has seen significant sales growth in 1Q 2016, and ...
(Date:4/28/2016)... ... 2016 , ... Next week on May 5 at 2:55 ... for tissue stem cell counting and expansion to gene-editing scientists and other attendees ... Genome Engineering in Burlington, Massachusetts. , The attention of most gene-editing scientists appears ...
Breaking Biology Technology:
(Date:3/11/2016)... , March 11, 2016 ... market research report "Image Recognition Market by Technology (Pattern ... and Advertising), by Deployment Type (On-Premises and Cloud), by ... 2022", published by MarketsandMarkets, the global market is expected ... USD 29.98 Billion by 2020, at a CAGR of ...
(Date:3/9/2016)... March 9, 2016  Crossmatch ® , a ... solutions, today announced the addition of smart features ... multi-factor authentication platform. New contextual and application-specific ... step-up security where it,s needed most — while ... DC . --> Washington, ...
(Date:3/2/2016)... , March 2, 2016 ... announced the addition of the  "Global Biometrics ... their offering.  ,     (Logo: http://photos.prnewswire.com/prnh/20130307/600769) , , ... to grow at a CAGR of around ... ) has announced the addition of ...
Breaking Biology News(10 mins):