The purpose of this course is to teach the students principles of product design for the biomedical market. From an idea to a product and all the stages in-between.
The course material will include identification of the need, market survey, patents. Funding sources and opportunities, Regulatory requirements, Reimbursement codes, Business models). Integration of the system into the clinical field. system connectivity. Medical information systems. Medical standards (DICOM, HL-7, ICD, Medical information bus). How to avoid mistakes in system design and in system marketing. Entrepreneurship.
The course participants will be divided to groups of 2-3 students each. Each group will be acting as a start-up company throughout the whole semester. Each group will need to identify a need. This can be done by meeting and interviewing medical personnel, at the Johns Hopkins Medical campus or other hospitals, clinics, HMOs, assisted living communities or other related to the medical world. The proposed medical instrument or system can be a combination of instrument and software.
Each week, there will be a lecture devoted to the principal subjects mentioned above. Afterwards the students will present their ideas and progress to all class participants. There will be an open discussion for each of the projects. The feedback from class will help the development of the product. Each presentation, document, survey or paper will be kept in the course cloud which will have a folder for each of the groups. The material gathered in this folder will be built gradually throughout the semester. Eventually it will become the product blueprint.
At the last week of the semester, the groups will present their product to a panel of experts involved with the biotech industry, in order to “convince” them to invest in their project.
Previous years’ projects are listed in this website.