The Health Sector Management Bootcamp at Duke Fuqua MBA

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Duke MBA students who are also part of the Health Sector Management (HSM) program arrive on campus a week early for an intensive, 5-day, healthcare bootcamp. It serves as a primer of the US healthcare system and is the launch pad for our entire Duke MBA HSM experience. Half of the HSM folks do not come from the healthcare industry. Even for those of us who do, most only have experienced one or two different areas of a very diverse industry. While I was familiar with pharma and biotech, I had much to learn on the provider, payer, and regulatory aspects of the US healthcare system.
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The Program 4 Entrepreneurs Kickoff at Fuqua

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This was the first formal event on campus I attended after arriving in Durham back in the summer. I remember walking into an auditorium full of future classmates who were interested in startups - it was a great feeling to be immersed in such an entrepreneurial environment.

Like the posts on the random events I loved so far in the Fuqua MBA (part 1 and part 2), the next few posts of the blog will be about highlights in my fall semester. Hope that it'll help those who are applying for round 2 and 3!
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Good (& Free) Biotechnology Blogs to Follow

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Updated Dec 25, 2013. Added: Y-LP.com (news) & Pharma Boardroom (blog)

With how accessible information is nowadays, it's easy to simply spend 15-30 minutes every day to catch up on the latest happenings in biotech and pharma. This is a good daily routine that can be completed during mundane tasks such as waiting in line or riding the subway. It is also an important component in personal R&D that should be done routinely and can be started right away.
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A random list of awesome Duke MBA HSM events so far - Part 2

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This is the 2nd post in a 2-part series about random events at Duke and Fuqua Health Sector Management (HSM) that I thought was amazing. These are events that I did not think I would be able to experience when I first applied to Fuqua, yet turned out to be very memorable. You can read part 1 of the series here.
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A random list of awesome Duke MBA events so far - Part 1

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Was just going through my Outlook calendar from the start of school, and realized that there were a lot of one-off events that I enjoyed immensely. These all began with a club email or flier and I was curious enough to attend but was pleasantly surprised at how much I got out of it. There's many more than what's listed, but here's some examples, in a 2-part series.
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Biotech MBA Programs and Health Care MBA Programs

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Updated Dec 13, 2013. 

First, a disclaimer: I am missing a lot of schools that should be considered. The goal here is not to provide a comprehensive list of schools to apply to; rather, my goal is to give a few examples of what MBA Health Sector Management programs can offer for people interested in healthcare/biotech to help ignite the school research process. Many of these programs are highly ranked. Indeed, the strength of the school's brand is one aspect to consider when choosing an MBA program. However, what's most important is to find a program that is the best fit for you - your background and your goals.
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The RTP Biotech Scene, CED Biotech Forum

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One of the reasons I chose the Duke MBA Health Sector Management (HSM) program was because of its location in the Research Triangle Park (RTP). RTP is one of the leading biotech hubs in the world. The region is home to 422 bioscience companies and is anchored by 3 research universities - Duke, University of North Carolina-Chapel Hill, and North Carolina State University.

RTP was a target location for me as I wanted to network with biotech professionals and gain a meaningful experience with those firms during my 2 years in the Duke MBA program.
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Duke MBA Health Care Conference Experience Published

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In November, 2013, Duke Fuqua MBA Health Sector Management (HSM) students organized the Health Care Club's flagship event, our health care conference. 2013's title was - The Evolving Healthcare Landscape: Mind the Gap Between the Patient and the Healthcare System.
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The role of NIH-funded research in raising healthcare costs

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Back in August, I had written to JAMA in response to Dr. Ezekiel J. Emanuel's JAMA Letter to the Editor. In it, he claimed that support of NIH funding was dwindling because its breakthroughs have been largely exciting scientifically but not creating enough societal value. He attributes NIH research to rising medical costs and argues that NIH should only fund cost-lowering and value-creating research.
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Book Review: The Crowdfunding Revolution Published ($)

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Back in the spring, I was approached to write a review on the book, The Crowdfunding Revolution: How to Raise Venture Capital Using Social Media.
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2 Awesome E-books For New Scientist Entrepreneurs

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When I decided to explore my interest in biotech entrepreneurship, I did a lot of searching online for helpful resources on the topic. A year and a half later, 2 E-books I read early-on in that process still stand out.
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How to Build a Reading System on the Cloud

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Updated June 2013.

If you've subscribed to all the biotech blogs and news sites mentioned here, chances are you've been overwhelmed keeping up with all the content from time-to-time.  Add in all the quarterly/annual reports (usually in PDF form) and podcasts (mp3s), keeping track of all this content can be difficult. Here are some suggestions that may help you efficiently learn about the biotech and pharma industries.
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Yali Friedman's Building Biotechnology

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This book review is long overdue. I first read Yali's Building Biotechnology, 3rd Edition, in my NIH biotech business course. I had just shut down Xiaoxiaowang.com, and only began learning about the industry. Like many researchers who only have full-time bench experience, I didn't really know much, or quite honestly, anything, about the business aspects of the life sciences. This book became an important piece in my efforts to transition into business. Now onto the review...
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Innovation and Cost

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Numerous articles have come out on how innovation actually increases the financial burden of the health care industry. I remember hearing first about this in Steve Burrill's talk at Stanford, where he stated that the biotech industry is unique in that new drugs increase the cost of the system as they enter the market. Dave Chase has written many articles on Forbes.com about new models of healthcare.
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Why do an MBA?

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An MBA is often a reasonable way for scientists to enter a business role. Through focused financial, leadership, and management training, people with technical backgrounds gain the skills and network necessary for this career transition.
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Free Online Business Courses

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There's a disruptive force in modern business education - much business knowledge is available for free, online. We'll go into more details on the MBA later, but for now I want to share some of the amazing self education business resources out there with emphasis on technology commercialization.
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