The objective of this course is to introduce students to the business realities of modern biomedical science which is patent-driven and product- oriented. Lectures from invited speakers from the biomedical, legal, regulatory and business worlds provide terminology and perspective for how an idea in the laboratory is translated into a marketable commodity. Topics include entrepreneurship principles, explanation and discussion of intellectual property, medical clinical trials, federal and institutional regulatory mechanisms, logistics of creating and sustaining research collaborations, product development strategies, and similar. Pass/Fail, Fall sem.