COVID-19 STATEMENT: While this virus is impacting everyone differently, this online program is continuing as planned.
Please consider joining our global online classroom for an enriching and interactive experience to further your career.

STARTS ON

July 29, 2020

DURATION

8 weeks, online
5-6 hours per week

STARTS ON

July 29, 2020

DURATION

8 weeks, online
5-6 hours per week

What does it take to bring a new medical device or pharmaceutical to life?

Digital disruption in healthcare has opened the market for new products that are data-driven and patient-centered. But bringing a medical device or drug to market is very different from building other kinds of products. Added layers of regulation make it a highly complex process.

Who Should Attend?

The MIT xPRO Drug and Medical Device Development: A Strategic Approach program is designed for individuals and companies that operate in the health product industry as well as those looking to enter this fast-growing industry. Having a background in health sciences is helpful, but not required. The program is ideal for:

  • Engineers involved in the development of new medical device products or pharmaceuticals
  • Executives in the drug and medical device development/product management field
  • Scientists and those who lead teams of scientists in R&D
  • Quality assurance and regulatory affairs professionals
  • Professionals making a horizontal transition into the healthcare industry
  • Entrepreneurs seeking to launch a product in the U.S. healthcare market
  • Companies in need of training employees and new hires on the entire process of developing medical devices and pharmaceuticals

Representative companies

Participants include representatives from companies like:

Representative Job Titles

Participants hold job functions and titles such as:

Participant Profile

On your journey through this program you will encounter individuals with similar interests but from various companies and job functions.

  • 1-5 yrs
  • 6-10 yrs
  • 11-15 yrs
  • 16-20 yrs
  • 21-25 yrs
  • >26 yrs
  • Banking & Financial Services
  • Consulting
  • Education
  • IT Services
  • Healthcare
  • Others

What Are The Opportunities?

$430 Bn Industry

Global med-tech industry is $430 Bn with 5% growth expected annually.

(Source: Statista)

73% Job Growth

Jobs related to medical product
development grew by 73% in the last year.

(Source: Emsi data)

Impact

Upon completion of the program, participants will:

  • Gain a “big picture” perspective of the entire drug and medical device development process, from day one strategic planning through product commercialization
  • Understand the critical interplay between strategy and development—and how they affect each other
  • Learn frameworks for assessing both the benefits and the risks associated with developing a new product in the healthcare market
  • Gain clarity around the regulatory requirements in the U.S. market and the process for achieving approval
  • Develop professional networks for career development, industry partnerships or strategic alliances
Professor Michael Cima

Professor Michael Cima

Program Director and
MIT Associate Dean of Innovation

“This program explodes the notion that there is ‘research’ followed by ‘development’. These forces are intertwined until you launch it.”

Program Modules

Over eight weeks, including the orientation week, you will learn how to anticipate and address the complexities involved with developing medical products. Each week covers one theme, divided into specific topics.

Week 1: Strategy, Reimbursement, and Proof of Concept

Week 2: Intellectual Property, Outcome Measures, Trials and Indications

Week 3: Quality and Medical Devices

Week 4: Diagnostics, Biomarkers, and Wearable Devices

Week 5: Software, Target Selection and Drug Discovery, and Absorption, Distribution and Metabolism

Week 6: Toxicity, Formulation, and Stability

Week 7: Parenteral Products and Biologics

For full details on the program modules, please download the brochure.

DOWNLOAD BROCHURE

Case Studies and Assignment

Industry Leaders

You will learn from industry experts from a wide variety of backgrounds, including leaders in healthcare, pharmaceuticals, venture capital, insurance, intellectual property law, and regulatory agencies. Featured experts include:

Download the program brochure for more information on the industry leaders.

DOWNLOAD BROCHURE

Program Highlights

  • Webinars

    Webinars

  • Over 40 Interviews with Industry Experts

    Over 40 Interviews
    with Industry Experts

  • Byte-Sized Learning

    Byte-Sized
    Learning

  • Dedicated Program Support Team

    Dedicated
    Program
    Support Team

  • Real-world Application

    Real-world
    Application

  • Digital Certificate Directly from MIT xPRO

    Digital Certificate
    Directly from MIT xPRO

  • Peer Learning & Feedback

    Peer Learning
    & Feedback

  • Mobile Learning App

    Mobile
    Learning App

  • Grading & Evaluation

    Grading
    & Evaluation

MIT Faculty

MICHAEL CIMA

Michael is the David H. Koch Professor of Engineering and a Professor of Materials Science and Engineering at the Massachusetts Institute of Technology at the David H. Koch Institute for Integrative Cancer Research. He has a B.S. in chemistry and a Ph.D. in chemical engineering from the University of California at Berkeley.

He is the faculty director of the Lemelson-MIT Program, a U.S.-based program aimed at inspiring youth to be inventive. Michael is also co-director of MIT’s Innovation Initiative and the Associate Dean of Innovation for the School of Engineering. He has also started three successful pharmaceutical and three medical device companies.

Certificate

Drug and Medical Device Development Certificate

Get recognized! Upon successful completion of this program, MIT xPRO grants a certificate of completion to participants. This program is graded as a pass or fail; participants must receive 80% to pass and obtain the certificate of completion.

After successful completion of the program, your verified digital certificate will be emailed to you, at no additional cost, in the name you used when registering for the program. All certificate images are for illustrative purposes only and may be subject to change at the discretion of MIT.

Certificate

This is a highly selective program and early applications are encouraged. Seats fill up quickly!
Flexible payment options available. Click here to learn more.

Download Brochure