Top Center for the Business of Life Sciences Moments: 2019-2020 Academic Year

By Kelli Conder and Cullie Poseria

The Indiana University 2019-2020 school year has come to a close. It was a memorable and fun experience where we got to celebrate the amazing work being done in the life sciences and healthcare sectors through the Center for the Business of Life Sciences’ various receptions, conferences, courses, life sciences day and spring trek. We appreciate the value that all our sponsors and speakers brought to our students by enriching the learning experience. Here are some photos to remember those moments!

2019 Kelley Life Sciences Executive Education Cohort Begins

2019 incoming Executive Certificate in the Business of Life Sciences students wrap up their in-residence week with a capstone project. Photo Credit: Kelley School of Business Executive Education

Kelley Executive Partners and George Telthorst of CBLS oversaw the eleventh year of the Executive Certificate in the Business of Life Sciences. This year’s cohort consisted of 19 students. BioMotiv sent their first employee this year to the program. Students were also drawn from a number of companies including Eli Lilly, Elanco Hill-Rom, Boston Scientific, Catalent and Mead Johnson Nutrition.

___________________________

Fall Networking Reception

More than 55 students attended last year’s networking event to learn about programs, courses and events offered by the Center for the Business of Life Sciences (CBLS) as well as to hear about Johnson & Johnson’s career opportunities.

Photo Description from Left to Right: Kelli Conder (Associate Director, CBLS), Julie Claxon (DePuy Synthes), Greg Hudnall (Ethicon and CBLS Alum), George Telthorst (Director, CBLS) and Michele Hung (DePuy Synthes and CBLS Alum) pose at start of the event.Photo Credit: Cullie Poseria

Photo Description: Director of the CBLS, George Telthorst introduces the various learning opportunities offered by the center to students. Photo Credit: Cullie Poseria

Two former Kelley life sciences alumni, Greg Hudnall (MBA ’17) and Michele Hung (MBA ’19), returned to Kelley to share their experiences transitioning from Indiana University to marketing roles at Johnson & Johnson. It is always a pleasure to host former students who can share their knowledge with current students!

Photo Description: Former Kelley MBA & Life Sciences Alum Greg Hudnall. Photo Credit: Cullie Poseria

Photo Description: Former Kelley MBA & Life Sciences Alumn Michele Hung talk to current life sciences students. Photo Credit: Cullie Poseria

___________________________

Indiana Life Sciences Collaboration Conference:
On the Frontlines of Treating Cancer

Roche Diagnostics hosted the Indiana Life Sciences Collaboration Conference On The Frontlines of Treating Cancer. Photo Credit: Roche Diagnostics

Over 100 life sciences industry professionals, medical researchers and students attended the conference focused on personalized/precision medicine, genomics, immunotherapy and regenerative medicine hosted by Roche Diagnostics in Indianapolis. Researchers and scientists discussed current therapies provided an overview of the latest on therapies, business implications and Indiana’s contribution to and role in their development.

___________________________

University of North Carolina Healthcare MBA Case Competition

Photo Description: Team Kelley members Scott Miller, Jimmy Wang, Tanya Malik, Soham Bose and Cullie Poseria won 2nd place at the UNC MBA Healthcare Case Competition. Photo Credit: Steven Rubin Kenan-Flager

____________________________

Fall Course: Life Sciences Industries from Research to Patient

More than fifty students assisted a technology start-up called Uppstroms from the Regenstrief Institute and Indiana University Richard M. Fairbanks School of Public Health at IUPUI. Uppstroms’ app aims to help doctors be proactive in getting help for their patients. It looks at social determinants of health, for example looking at a patient’s diet and evaluates which patients could benefit from intervention before problems turn into a health complications.

Uppstroms was looking for a commercialization path for its software algorithm to assess the need for services associated with social determinants of health. Students needed to identify the attractiveness of and make appropriate recommendations for its commercial opportunity prior to the company committing valuable limited resources to further development.

____________________________

Indiana Life Sciences Collaboration Conference:

Capital Markets Make the (Life Sciences) World Go ‘Round

Entrepreneurs, governmental economic development, private equity, state and local venture funds joined in the discussion about life sciences funding strategies hosted by Ice Miller LLP in Indianapolis. Funding has influenced the choices of new products under development and the operations of healthcare providers. Stakeholders and observers will shared their perspectives as to its impact.

Photo Description: The morning keynote was on Capital “Hunters and Gatherers”: Diana Caldwell (Amplified Sciences presenting), Kate Pawelczak (NERx BioSciences) and Ernst Henin (Aratana Therapeutics). Photo Credit: Kelli Conder

Photo Description: The conference’s luncheon keynote was on Fueling Venture Capital in Indiana: The Important Role of Public & Nonprofit Partners: Patricia Martin (BioCrossroads) and David Roberts (Indiana Economic Development Corporation). Photo Credit: Kelli Conder

____________________________

Spring Life Sciences Networking & Recruitment Reception

The Kelley Center for the Business of Life Sciences hosted students for our Spring Reception. The Bloomington Economic Development Corporation sponsored the event. Area life sciences companies included Baxter International Inc., Boston Scientific, Catalent Pharma Solutions, Cook Medical and Singota Solutions.

Photo Description: Laura Englander (presenting) and Amber Riley of Singota Solutions give a company overview. Photo Credit: Cullie Poseria

Photo Description: Betsy Parrott and John Barrett of Baxter answer student questions. Photo Credit: Cullie Poseria

Photo Description: Kenneth McKee (Baxter) and Tyrese Taylor (graduate student) speak about job opportunities. Photo Credit: Cullie Poseria

Photo Description: Jeryl Schulenburg and Greg Smith from Cook Medical interact with students. Photo Credit: Cullie Poseria

____________________________

Spring Trek to Indianapolis

The Center piloted its first spring trek to Indianapolis that included visits to Roche Diagnostics and Helmer Scientific in Indianapolis.

Photo Description: Roche welcomed students with an on-campus tour and question and answer panel that included Nick Rasche, Christen Vinson, Alissa Mitchell and Angela Howard. Photo Credit: Cullie Poseria

Photo Description: During the tour, students got to view a timeline of Roche’s history of innovation. Photo Credit: Cullie Poseria

Photo Description: Bruce King, CEO of Helmer Scientific, provided a production and manufacturing tour to our students. Photo Credits: Cullie Poseria

____________________________

Kelley Team Chosen to Compete at Yale Healthcare Case Competition

Photo Description: The Yale Healthcare Case Competition team from Indiana University (IU) included (from left to right) Megan Gee (MBA), Riddhi Sood (Biology PhD), Viji Sundararaman (MBA), Cullie Poseria (MBA) and Rahul Mishra (MBA).

More than 50 teams applied for the competition and 25 were accepted to present their recommendation, so it was an honor for Indiana University’s team to participate. The event brought together interdisciplinary teams of up to five students from multiple professional schools and programs to solve the most challenging problems in the field today. This year’s topic was on a new gene therapy and tool built on CRISPR technology.

____________________________

Life Sciences Day

This year’s IU Life Sciences Day at Kelley was…. not at Kelley! For the first time, the CBLS held this event online due to COVID-19. There were four speakers who spoke about artificial intelligence in healthcare and greater than 70 attendees!

After each panelist presented, students were able to submit questions for Q&A. Panelists shared how they and their companies are utizliting data to transform how research, resources and teams are able to better utilize assets and work together to better solve problems and come up with new solutions to transform healthcare.

Photo Description: Participants took a group photo at the start of CBLS’ annual Life Sciences Day.
Photo Credit: Cullie Poseria

Additionally, the Center for the Business of Life Sciences recognized 29 students for completing their coursework and experiential requirements to earn the Certificate in the Business of Life Sciences.

____________________________

Spring Course: Life Sciences Industries from Research to Patient

This past spring over fifty students in the Life Sciences Industries from Research to Patient online course worked together in virtual teams on a project for Elanco, an animal health company. Students developed recommendations as to how the company should respond to the move by one of its major customers of 50% of swine and dairy protein production from traditional seedstock to disease resistant seedstock, affecting Elanco’s current vaccine sales. Their recommended strategies would also assist Elanco for similar subsequent potential decisions by other food producers in the swine, dairy, poultry, and beef industries.

____________________________

MBA Indepent Study Projects for the Indiana Clinical and Translational Sciences Institute

The CBLS continued its partnership with the Indiana Clinical Translation and Science Institute (CTSI). Two MBA student teams provided business consulting to two CTSI cores. One team developed a marketing strategy for the new 3-D bio printing lab. The other team came up with detailed training plans to improve the efficiency of the vector production lab.

____________________________

CBLS Life Sciences Research Faculty Build Collaboration to Help IU Health With COVID-19 Operational Strategies

Photo Description: Jonathan Helm, Associate Professor of Operations and Grant Thornton Scholar & Faculty Director is a CBLS Life Sciences Research Fellow. Photo Credit: Kelley School of Business

An interdisciplinary team of professors at IU’s Kelley School of Business and Purdue’s Krannert School of Management has been working since March 23 to develop a predictive model of the resources required for an adequate response to the pandemic. It integrates disease prediction with a sophisticated patient flow workload model. The Center for the Business of Life Sciences has a team of sixteen Kelley Life Sciences Research Fellows based both in Bloomington and Indianapolis, many of whom have been tapped for this project with IU Health.

____________________________

Thank You to our Kelley CBLS Partners!

From pharmaceutical giants to small firms, our corporate partners cover the range of the life sciences value chain. They all share a common passion for the future of the life sciences and all its sectors, including pharmaceuticals, biotech, medical devices and equipment, insurance, finance, and providers. These partners collaborate with CBLS in a variety of ways, including funding research grants and awards, serving on our board, or mentoring our ambitious students.

Indiana Life Sciences Collaboration Conference Series Sponsors