600-205 Biotechnology in Practice

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This subject aims to enhance your understanding of the processes involved in the commercialisation of biotechnology research.

It is the core subject for a BSc with a major in Biotechnology.

Topics covered include: what is biotechnology?; the history of, and recent developments in, biotechnology; Australia’s place in biotechnology; research in an industry setting; intellectual property protection and management; commercialisation of research; company structures and funding; regulatory issues; and public perceptions of biotechnology.

This material is supported by case studies presented by participants in Australian biotechnology development.

The subject draws together contributors from industry, research development consultants, intellectual property lawyers, members of regulatory bodies and staff from a number of University departments.

OBJECTIVES
From the lectures, additional reading and your own research, you should be able to understand and, by using specific examples, illustrate your understanding of:

• The major developments in the history of biotechnology;
• The role of Australian research and development in biotechnology;
• The essential information, skills and stages involved in the commercialisation of biotechnology research;
• The potential sources of funds and the possible structures that may be implemented for the commercialisation of biotechnology research;
• The nature of intellectual property, the importance and limitations of patents, the patenting process, and IP management;
• The important aspects of technology commercialisation;
• The issues and processes involved in regulating Genetically Manipulated Organisms;
• The assessment and perception of risk associated with biotechnology development.