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This subject will enable students to develop skills relevant to the Australian biotechnology industry by enhancing their understanding of the processes involved in the commercialisation of scientific research. The steps involved in taking a product from the research laboratory to the marketplace will be illustrated by case studies presented by participants in Australian biotechnology development. Participants in this subject include contributors from industry, research development consultants, intellectual property lawyers, members of regulatory bodies and staff from a number of University departments.
Intended learning outcomes
Completion of this subject is expected to enhance a student’s ability to understand and provide examples of:
- Australian biotechnology research and development;
- The essential information, skills and stages involved in the commercialisation of biotechnology research with an understanding of how a project’s risks affects its value;
- The potential sources of funds and the possible structures that may be implemented for the commercialisation of biotechnology research;
- The nature of intellectual property; the importance and limitations of patents; the patenting process; and IP management;
- The issues and processes involved in regulating genetically manipulated organisms and new pharmaceuticals.
On completion of this subject students should have developed the following generic skills:
- The ability to collect, research and integrate information from different sources either on their own or collaboratively with others;
- Write an integrated report based on collected information;
- Read and interpret published literature;
- Access information available via the internet;
- Plan effective work schedules to meet deadlines for assessable work.
Last updated: 20 October 2020