“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 t
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