Venture Further

Hi all

Last Tuesday I attended the Venture Further scheme held at the Business school in the University of Manchester. Venture Further is intended for entrepreneurs that has a new business start-up company and want significant investment. Venture Further will have courses designed to help you develop a business model for your company.

To win the competition you are required to write a business model and pitch your business idea in front of a panel of judges. There are 4 categories that you can enter: Technology enterprise, Business enterprise, Social enterprise and Graphene Enterprise.  The winner will win £10,000 investment in their business and £2,500 for the runner up in each category.

Take your time to check out the details. It may help advance those ideas you been having in your bedrooms.

Venture Further
https://mec.portals.mbs.ac.uk/Enterpriseactivities/Competitions/VentureFurther.aspx

Biotechnology Young Entrepreneurs Scheme

Hi

There is an interesting competition for Postgraduates and Postdocs to submit a hypothetical solutions based on biotechnology. The new Biotechnology Young Entrepreneurs Scheme (opens in 2014) will provide anyone taking part commercial awareness, entrepreneurial skills but also a chance to network with key industry leaders.

This is my final year PhD and although I need to concentrate on writing my thesis, I feel that this is a perfect opportunity for me to take part before I leave my university. I am waiting for this competition to open and together with a group, I hope we can come up with a biotechnology idea to enter this competition.

Benefits of taking part

• Prize fund of £5,000
• Enhance your CV
• Develop and improve transferable skills such as communication, negotiation and team-building
• Network with industry professionals
• Increase your commercial awareness and technology transfer knowledge

Final Year PhD Workshop

Good evening

Today I attended a workshop intended for Final year PhD student. My experience of this workshop is quite frankly scary. Scary in the sense that I now have to think about thesis - I have to start drafting documents, planning ahead and putting together something coherent for my supervisors within the next few months.

The workshop today was very useful. We went through the format of a Thesis and what to expect in a VIVA (along with a few urban myths about viva). We then had a very constructure Q & A discussions with a panel of experts who all had PhD and have returned 10-15 years later to tell us where they are and what they are doing now.

The afternoon session consist of how to look for a job, creating effective CV and covering letters.

Tomorrow will be interesting as we get to take part in 3 different assessment centre as part of the training programme. I hope this will prepare me for real life assessment centres to get a job in the future.

FutureLearn course: Inside cancer: how genes influence cancer development

 

Hi everyone

 

First of all, I would like to wish those who have been following my blog a happy new year. May 2014 bring you good fortune, health and laughter.

 

What a way to kick start a new year by promising yourself to learn something new. I happen to have found a cool learning website which has a list of free online courses ran by many of the UK top's universities. A course that has attracted my attention is Inside cancer: how genes influence cancer development.

 

The course starts on 20th January 2014 for 6 weeks, 3 hours per week. It is an ideal introduction for those interested in understanding how genetics influences the development and spread of cancer. I have registered for this course so why not join me and learn something interesting.

 

For further information about the course and to register for free please click on the link below.

 

https://www.futurelearn.com/courses


 

 

There are many other courses you can pick from.

 

 

Best wishes and I write to you soon.

Looking ahead to 2014

Winter is upon on! Although not quite snowy Christmas day I was hoping for, we certainly experienced a few stormy and windy days over the festive break. I hope your Christmas dinner went well, ours were slightly chaotic but that's just my family. I certainly enjoyed the company of my brothers and sisters, ,Mum and Dad.

As I sit writing this blog, feeling relaxed over this Xmas break, I can't help wonder what is install for me next year. Come September 2014 will be the time when I will hand in my thesis. I have already been told to start writing 2 or 3 chapters over this break. I can't help but start to feel slightly nervous by the prospect of spending most of my summer indoors writing out a 250 page thesis.

I also have a few conferences lined up next year, most notably the one over in Austin, Texa, USA in September 2014. I have one coming straight up after the new year on 14th,15th January. I will have several training and seminars dedicated specifically to final year PhD students and I am looking forward to attending those workshops.

Then off course I need a job, a moment when you can no longer live, feel or even speak like a student. A moment every PhD student has been dreaded. In most cases, its one of the reasons why some of us do a PhD, so we can avoid getting a proper job. I have started applying to places already, mainly in Intellectual Property jobs as I don't want a career in Lab research, but still want to apply my scientific knowledge. I am sure I will write more about my chosen career path in future blogs so for now I will say no more.

Enjoy the last few moments of 2013, I had a great year and thoroughly enjoyed every month of 2013 so far. I hope 2014 will be a fantastic year for me and for you!

See you soon

Winner of Venture Out competition

Its Christmas eve. One more day to go!

This will be my last blog before Christmas and I am please to share the news that I have won the University of Manchester Venture Out competition for my idea to turn seawater into energy by desalinating and extracting precious ions. 


Pictures and brief descriptions about other ideas at the event can be seen by following the link below

https://mec.portals.mbs.ac.uk/Newsandevents/tabid/111/ArticleID/108/ArtMID/481/Default.aspx

Merry Christmas everyone and I hope you enjoy the day tomorrow.

Best wishes

Science Way

Patent protection in research regulation

 

Recent medical and biotechnological advances have enhanced innovation that has greatly improved public healthcare. Research regulation ensures medical products have undergone the necessary tests prior to marketing for public use. Regulation is also vital to protect the interests of inventors and industry.

 

Patent protection forms part of the research regulation system. The UK Patent Act of 1977 grants the inventor exclusivity over a new medical product for a limited period of time. The patent holder is normally in a position to gain financially, by setting a higher than competitive price to recover the costs of innovation.

Policies for patent applications have been influenced by the advancement of medical research. The diversity of biological innovations over the past decade have seen more areas of science now patentable e.g. within the fields of biotechnology and genetics. Research into new biotechnology materials such as graphene, saw a total of 8416 published patent applications in the UK by February 2013.

 

Increased patent protection in medical research also has its disadvantages as patents can harm competition within the healthcare market, making it more costly for public services like the National Healthcare Service (NHS) to benefit from the latest healthcare development.

 

This article will explore; the reasons for patent protection and why it is increasingly seen as a pivotal part of the innovation process, the main policy issues of patents and an overview on the recent progress of patent policies in research regulation.

 

 

The importance of patent protection

 

Appropriate regulation of science patents is seen by pharmaceutical companies, governments and inventors as crucial to stimulating research, leading to new products that can improve healthcare. The financial rewards associated with a successfully registered patent is an incentive for researchers and companies to take the necessary risks, through financial investments, to develop novel medicines and implement new solutions into tackling life-threatening diseases.

 

Expired patents can lead to a significant reduction in loss revenues for the patent holder when generic competition becomes available. This was demonstrated by Eli Lilly & Company whose 66% decline in revenues during the final quarter of 2001, was the result of an expired patent on their drug Prozac in 2001. Patents can provide economic stability for inventors, academic institutions and industry. Therefore, it is important for inventors, pharmaceutical companies and institutions to protect new ideas, methods and medical products within the public domain.

 

Main policy issues with patents protection

 

One of the main policy issues in patent protection is the need for an inventor to have their patent validated within each European country. Currently, there is no single universal patent application that covers the 25 countries in the European Union. At present different requirements apply to each European country, for example; the patent proprietor may have to pay fees to the national patent office, comply with various requirements and provide a patent document in the official language of the State. Specific requirements, laws and regulations by governments are considered costly and time-consuming as the inventor, small and large companies comply with the policies of each country. This can impede the public release of novel products in some European countries.

 

The filing of patent protection by individual countries poses further issues, namely the huge backlog of patents being processed. It is estimated that there are 4 million patents waiting to be processed worldwide. According to Cancer Research UK, guidelines on new medicines should be released within six months of licensing. For new cancer medicines this regulatory process is three times longer, delaying the availability of new drugs to NHS patients.

 

Regulations and governance for different areas of medical research in the UK e.g. research ethics in clinical trials, is monitored by the Health Research Authority (established in 2010).  The primary role of the HRA is to oversee research regulation and provide a single point of contact for researchers and the public. Similarly, the EU has recently approved two new regulations to create an organisation that will oversee a single patent application process for all EU countries. This will significantly reduce costs and time-consuming paperwork for the patent proprietors wanting to do business in Europe, whilst providing a set of consistent requirements across all EU states.

 

Major scientific developments have led to a change in patent policies over the past decades. New types of inventions in software, genetics and business models are now deemed patentable. Patent protection is necessary as it provides the incentive for the innovation of new medical products. Currently a simplified patent system within the EU is under development. This will provide greater understanding of patent policies for governments, public and industry experts alike. In turn this ought to give inventors the initiative to continue to develop new effective medicines.

 

Uybach