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April 25, 2016.

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Presentation on theme: "April 25, 2016."— Presentation transcript:

1 April 25, 2016

2 We are all interested in translational biotech.
Last year, we founded the MIT Biotech Group by uniting the community of people who are interested in translational biotech. This was clearly an unmet need within the community, as we have recruited several hundred members to our group since last April.

3 The purpose of the MIT biotechnology group and our mission is to help our members find their place in the biotechnology ecosystem This includes developing programs that let students explore career options available to to them, learn about nonacademic parts of the biotech ecosystem, meet like-minded students and industry professionals, and ultimately access opportunities to begin or advance in careers in biotech

4 Diversity in the MBG Community
One unique component of the MIT Biotech Group is the diverse communities we bring together. While may departments have events and programs focused on life outside of academic research, the biotechnology industry does not operate with these divisions. Instead, industry focuses on bringing together people with diverse skills to solve complex problems that span many disciplines. The diversity of the MBG community reflects the broad appeal of biotechnology, and unites us in our common interest to solve important problems and bring these solutions to the world.

5 MIT at Heart of Biotechnology Cluster
It is no coincidence that MIT sits at the center of of the most vibrant, growing biotechnology cluster in the world. We are literally surrounded by top academic research institutions, exciting new startups, international biotech giants, and deep-pocketed venture capital and financial firms. MIT as an institution has strong ties to many of these institutions, but our mission was to build connections between these companies and the students who will one day work with them.

6 We have integrated with the biotech community…
In the past year, we’ve hosted over 20 events with companies in the Boston biotech community. We’ve highlighted roles from high level executives to entry-level scientists and everything in between in companies ranging from small startups to big pharma. We have built strong relationships with many of these companies, which have been fruitful for both groups. Companies get to meet excited young scientists, and our members are learning to orient themselves in the biotechnology ecosystem.

7 And created new programs of our own!
But in addition to connecting students and companies, we’ve created a few new programs from the ground up. Today, I’d like to briefly introduce you to two of them. First off, I would like to introduce Tony Kulesa, who has worked very hard for the last year on creating the new MBG Blog: Synapse.

8 In our lifetimes the world will be fundamentally changed by engineering biology.

9 Synapse is an online biweekly report on Boston area biotech for students with advanced training in life science.

10 SPOTLIGHT INTERVIEWS Synapse sits down with successful biotech founders, CEOs, and entrepreneurs to bring you their stories and advice for success. Amy Schulman CEO, Lyndra and Arsia Therapeutics David Lucchino CEO, Entrega Richard Heyman CEO, Seragon and Aragon Pharmaceuticals Bernat Olle CEO Vedanta Biosciences Christian Bailey Founder, Curated Innovation COMING MAY 9

11 COMING SOON COMPANY PROFILES START UP RESOURCES COME TALK TO US

12 A new educational model to give students hands-on industry experience

13 Barriers to Internships
Advisor attitudes Funding restrictions And we’ve created a few new programs from the ground up. Today, we’re going to briefly introduce you to two of them. First off, I would like to introduce Tony Kulesa, who has worked very hard for the last year on creating the new MBG Blog: Synapse

14 Solution: Academic Course
Funding Restrictions Course enrollment doesn’t compromise funding Free to companies Advisor Attitudes Manageable time commitment Accessible to students in many fields Added Benefits MIT partnership Student discussion Networking opportunity

15 20.S947: Research Experiences in Biopharmaceutical Industry
12 units = 12 hours/week On Site Research Experience Class HW

16 MBG Founding Team 2015-2016 James W. Weis President Nathan Stebbins
James W. Weis President Nathan Stebbins President Andrew Warren Secretary Vyas Ramanan Treasurer Katie Bodner UG President

17 MBG Executive Team 2016-2017 James W. Weis President Raven Reddy
James W. Weis President Raven Reddy President Minsoo Khang Secretary Tony Kulesa Treasurer Anika Gupta UG President

18 Investment Initiative Industrial Initiative Entrepreneurship
And so we created the MIT biotechnology group and our mission is to help our members find their place in the biotechnology ecosystem Industrial Initiative Entrepreneurship Initiative

19 Investment Initiative Industrial Initiative Entrepreneurship
And so we created the MIT biotechnology group and our mission is to help our members find their place in the biotechnology ecosystem Industrial Initiative Entrepreneurship Initiative

20 Investment Initiative
Understand the translation of biomedical technology What makes a technology valuable / worth commercializing? What makes a good team? What makes a good company? Understand a critical component of the biomedical ecosystem Venture Creation Venture Capital Private Equity Hedge Funds Private Public

21 Investment Initiative
Current projects: Forming Healthcare-section of MIT Alumni Angel Group Building proprietary database of biomedical events Conducting deep-dive research on biomedical companies Consulting for venture capital firms Forming investment group

22 Investment Initiative Team
Cheryl Cui Graduate student Health, Sciences, & Technology James Weis Graduate student Computational & Systems Biology, Electrical Engineering & Computer Science Jonathan Coravos Graduate student Biology Sam Huang Undergraduate student Chemical Engineering

23 Investment Initiative Industrial Initiative Entrepreneurship
And so we created the MIT biotechnology group and our mission is to help our members find their place in the biotechnology ecosystem Industrial Initiative Entrepreneurship Initiative

24 Upcoming Events and Speakers
May 16th - Panel on “virtual biotech” and contract research organizations (CROs) Sept 19th- Isaac Kohane Director, Bioinformatics at Harvard Med Founder, NIH i2b2 Oct 4th – Stephane Bancel CEO Moderna Therapeutics

25 Upcoming Events and Speakers
Fall 2016 – Tillman Gerngross CEO, Adimab Founder, GlycoFi Professor, Dartmouth College Fall 2016 – Greg Verdine Founder & CEO, FogPharma Founder, Warp Drive Bio Professor, Harvard University

26 Novartis Translational Curriculum
Collaboration with Novartis Institute for Biomedical Research – NIBR Novartis sharing its established training curriculum for new hires with MIT Big question – what are the areas of biotechnology and pharma that MIT courses do not cover?

27 Novartis Translational Curriculum
No coverage Some coverage Deep coverage

28 Industrial Initiative Team
Alison Tisdale Graduate Student Biological Engineering Brett Geiger Graduate Student Biological Engineering Jiapei Chen Undergraduate Biological Engineering Sunandini Chopra Graduate Student Mechanical Engineering

29 Investment Initiative Industrial Initiative Entrepreneurship
And so we created the MIT biotechnology group and our mission is to help our members find their place in the biotechnology ecosystem Industrial Initiative Entrepreneurship Initiative

30 Co-Director of the SPARK Translational Research Program
Speaker Series Kevin Grimes Co-Director of the SPARK Translational Research Program Stanford University Bruce Booth Partner Atlas Venture Ailis Tweed-Kent CEO and Founder Cocoon Biotech Inc

31 Entrepreneurship Initiative
Our goal is to make the process of translating biotech and healthcare technologies at MIT easier, faster, and more likely to succeed. Roadmap – Synthesis of all available resources at MIT to assist healthcare entrepreneurs Survey – Inward and outward facing to determine greatest demand and need New Programming – Supplement the existing infrastructure in the areas of greatest need

32 Entrepreneurship Initiative Team
Greg Ekchian Graduate student Materials Science and Engineering Tony Kulesa Graduate student Biological Engineering Ashvin Bashyam Graduate student Electrical Engineering & Computer Science Paige Omura Undergraduate student Chemical Engineering Rachit Neupane Graduate student Biology Felix Moser Postdoctoral researcher Biological Engineering Gi Hun Choi Undergraduate student Biological Engineering

33 Opportunities to Get Involved!
Chairs for Industrial, Investment, Entrepreneurship Initiative Writers for Synapse Website/Database Developer Events and Communications Team Sign Up Outside

34 Acknowledgements

35 Join us for pizza in the Broad Lobby!
Raffle winners announced in 30 minutes! Subscribe to our new calendar! @MITBiotechgroup biotech.mit.edu MIT Biotech Group


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