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Today the National Institutes of Health announced they are offering my Lean LaunchPad class ( I-Corps @ NIH ) to commercialize Life Science. The results from the UCSF Lean LaunchPad Life Science class showed us that the future of commercialization in Life Sciences is Lean – it’s fast, it works and it’s unlike anything else ever done.
We’re going to test this hypothesis by teaching a Lean LaunchPad class for Life Sciences and Health Care (therapeutics, diagnostics, devices and digital health) this October at UCSF with a team of veteran venture capitalists. The teams that took the Lean Launchpad class – get ready for this – had a 60% success rate.
The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a businessmodel. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011.
And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a businessmodel. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011.
It’s close to de-facto adopting a Lean decision-making process and rapid clearances for things that minimally affect health. The other interesting observation: Unlike other medical device companies, Apple’s current Watch businessmodel is not dependent on getting insurers to pay for the watch. The Future.
Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. Test if the Lean Innovation process actually accelerates technology adoption and an innovation ecosystem. Lean Innovation is a Process. The Lean Innovation process is a self-regulating, evidence-based innovation pipeline.
With that SBIR-Phase 1 funding the teams were trying to establish the technical merit, feasibility, and commercial potential of their technology. We’ve learned that information from 100 customers is just at the edge of having sufficient data to validate/invalidate a company’s businessmodel hypotheses. Lessons Learned.
And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a businessmodel. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011.
After seeing the results of 500+ teams through the I-Corps, the NSF now offers all teams who’ve received government funding to start a company an introduction to building a Lean Startup. SBIR/STTR Program and Startup Seed Funding. small businesses to turn Government-funded research into commercial businesses. Eleven U.S.
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