Being A Biomedical Entrepreneur - Growth Of The Biomedical Industry

The book explores the biomedical industry's innovations in improving health and treating diseases, highlighting the efforts of scientists, engineers, technicians, mathematicians, and physicians. It covers medical technologies, healthcare information technology, the pharmaceutic industry, and biotech, providing insights into inventing, evaluating, developing, and marketing innovative products. It also emphasizes the importance of education, entrepreneurship, and company operations for growing the biomedical industry.

Format: Hardback
Length: 348 pages
Publication date: 14 January 2019
Publisher: World Scientific Publishing Co Pte Ltd

The biomedical industry has made significant strides in improving human health and treating diseases, thanks to the tireless efforts of scientists, engineers, technologists, mathematicians, and physicians. This rapidly expanding sector is characterized by its knowledge-intensive nature and constant adaptation to new technologies. Since 1960, innovations have been the driving force behind the growth of the biomedical industry. However, several challenges threaten its continued success, including limited access to capital, a complex and uncertain regulatory environment, and a need for increased research and development (R&D) innovation and productivity.

This book is designed to cater to students and professionals seeking to excel in the biomedical industry. It provides comprehensive coverage of the four sectors that comprise the biomedical industry: medical technologies, healthcare information technology, pharmaceutics, and biotechnology. Throughout the book, numerous innovative examples are employed to facilitate the invention, evaluation, development, and marketing of innovative products.

Part I of the book focuses on the educational merits of biomedical engineers and teaches biomedical professionals how to conceptualize their innovations and assess their potential for manufacturing and patient demand. It also provides guidance on how to write a business plan and obtain regulatory approval.

Part II is aimed at budding entrepreneurs who are eager to establish their own biomedical companies. It covers essential topics such as forming a company and entrepreneurial team, raising venture capital, patenting innovative products, obtaining regulatory approval, and writing a business plan. Additionally, Part II delves into other important aspects of company operations, including financing, negotiations, leadership, manufacturing, marketing, and globalization.

In conclusion, this book serves as a valuable resource for students and professionals seeking to pursue careers in the biomedical industry. It provides comprehensive coverage of the sector's key aspects, including innovation, entrepreneurship, and company operations. By leveraging the insights and examples provided, readers can develop the skills and knowledge necessary to thrive in this rapidly evolving field and contribute to the ongoing advancement of human health and well-being.

Weight: 666g
Dimension: 237 x 166 x 24 (mm)
ISBN-13: 9789813270428