Listen to a sneak preview of what to expect at this year's Institute, as well as background about the value it provides to both its attendees and faculty:
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Module A - Creating Value
Networking Reception - October 9, 2011
Opening Night Welcome Reception | Epic Roast House, San Francisco
New Models of Innovation
“Big Bang Ideas.”
Where does innovation come from and how do we get more of it? There are few more important questions to the biopharma industry and this year's BioExec Institute will feature some of the industries most respected thought leaders on the subject of innovation including Bernard Munos, Founder, InnoThink Center for Research in Biomedical Innovation and Mervyn J. Turner, Ph.D., Chief Strategy Officer, Merck & Co. Inc. & Sr. Vice President, Emerging Markets, Merck Research Laboratories.
Featured topics:
- Where does innovation come from
- Emergin business opportunities in healthcare
- New models of early stage innovation
- The sustainability of the biopharma business model
Day 2 - October 11, 2011
Disruptive Innovation
"High risk - high reward bets on innovation.”
A focus on innovative and/or niche models represented at specific companies which may or may not evolve into mainstream strategies. A high-level view of where current strategic investments are being made by ‘traditional’ biopharmas.
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Featured topics:
- Innovative therapies and models including delivery, price-point, and product service models
- Outcomes-based contracts for specialty medications
- Virtual company models
- Innovative R&D ecosystems
- Personalizing therapies
Module B - Managing Value
Day 3 - November 7, 2011
Strategic Product Positioning
“Creation of commercial value for any asset starts at the research stage and parallels the entire R&D process.”
Companies often start development on new or improved products because of great technological innovations in the lab. But, ultimately, it is the market - the customer - who decides whether your product is valuable or not. Planning for commercial success starts at the research stage and parallels the entire R&D process. During this session, industry leaders will explore product commercialization, second generation products and potential exit strategies, all in an effort to determine the best way to optimize the value of innovation over time. The content in this session will range from high-level strategic trade-offs to detailed calculations of value (both quantitative and qualitative) and from debating options to understanding the path for optimizing your company's assets.
Featured Topics:
- Critical commercial decision points during the research and development phase of drugs
- Research and development decisions that have substantial commercial impact in the future
- Benefits and risks associated with commercial decisions during the development process
- Appropriate assessment of the commercial value of your asset
- Recognizing key commercial value drivers
- Value appropriate and relevant commercial input in the value chain
- Gain an appreciation for the pre-launch/launch and post-launch marketing activities
- Recognizing the critical commercial input to optimize your asset
Networking Reception - November 7, 2011
Mid-Point Networking Reception | Beta Lounge 2129 Durant Ave, Berkeley, CA 94704 (510) 845-3200
Day 4 - November 8, 2011
Successfully Operating in a Global Regulatory Environment
“From initial product launch to re-launch, and from personalized medicine to pandemic prevention, elected officials, other policymakers and the general public, are counting on the biotechnology industry in the coming decades.”
Bringing products to market requires overcoming significant regulatory challenges for the goal of delivering on the safety and efficacy of the product. This session deals with the many gray areas of moving the product through the regulatory process, and understanding the various stakeholders' goals and political trade-offs in making the decision of whether or not to approve the product. Understanding the key questions that are core to each of the stakeholders unveils the secrets to getting a drug approved and plays an important role to a company's commercialization strategy. Topics covered in this session include, but not limited to, the importance of designing appropriate clinical trials to support a strong product label, DOJ and FDA specific promotional interests, substantial evidence, fair balance, understanding the basics of clinical support, medical affairs organizations and regulatory considerations, pre-approval activities, public relations programs, medical conventions, the EMEA and Japan regulatory requirements and how to meet those.
Featured Topics:
- Discussion on how policy and regulation works in the FDA
- Expand on our policy and regulation discussion using actual examples from food labeling, the approval of drugs for serious and life threatening diseases, and tobacco regulation
- Engage participants in the current state and thinking regarding targeted therapies as a variation of personalized medicine and what it will take for adoption
- Aspects and considerations on how targeted therapies are chosen for development and what considerations go into driving the acceptance from a policy standpoint (social, economic, and governmental) as well as the challenges faced from a regulatory standpoint for review and approval
- Examine how companies can drive the re-launch of a product that has encountered difficulties using actual examples
- Provide and solicit views on the future leading practices for driving product acceptance from a safety perspective
- Discussion around the potential roles and advantages that a RiskMap, evaluative strategy could play in a proactive, pharmacodiligent approach to new product introduction
- Consideration of risk-based approaches that could help define and develop processes and procedures that address potential or unknown drug safety issues prior to launch
Module C - Growing Value
Day 5 - December 5, 2011
Deal-Maker for a Day
"How do different stakeholder's needs and roles shape the deal, the price and the commercialization pathway for a new therapy?”
Licensing and partnering are an integral part of the Biopharmaceutical industry. The formerly distinct pharmaceutical and biotechnology industries are merging into one interdependent Biopharmaceutical Industry. Partnered products are the future of innovation leading to a significant increase in attempts to acquire and/or license innovation from others. Big pharmaceutical companies will control fewer and fewer of their new products from discovery through line extension or OTC. This Day explores the underlying economics of deals; the different strategies for measuring risk; and how decisions are made amidst uncertainty.
Featured Topics:
- Financial trends in and pressures on the biopharma industry
- The deal market today and coming up
- The Buy-Side: What gets Big Pharma excited about an NME, regardless of who currently owns it?
- The Sell-Side: How to prepare an asset and a biotech company to get the best deal possible?
- De-risking the commercial prospects of a molecule
- How the molecule's commercial value impacts the deal
- Getting it in Writing: Making sure the contract reflects the business
- Success after the deal closes: Effective alliance management and post-acquisition integration issues
Networking Reception - December 5, 2011
Closing Networking Reception | Berkeley
Day 6 - December 6, 2011
CEO for a Day
"Making science into a company then scaling and selling ”
Being a successful CEO is a mix of timing, teams and some say luck. On Day 6 of the BioExec Institute you will not only have the opportunity to dialogue with some of the industries most respected CEOs who will provide detailed and candid accounts of what really happened, but you will become a CEO for the day. You will be asked to make strategic decisions based on little to no information; you will be faced with contentious Board Members and disgruntled employees. What will your financing or exit strategy be and who will you be crowned the Winner of CEO for a Day by BioExec Faculty?
