 |
| Learning to talk
the language is no cakewalk: executives confront a "polymerase
chain reaction and gel electrophoresis" experiment. |
| Photo:
Les Todd |
|
eter
Jensen doesn't pretend to be a biotech expert. Although he works
for a major pharmaceutical firm, Merck & Co., Inc., in Whitehouse
Station, New Jersey, Jensen is an electrical engineer by training.
So, when he became a procurement manager in charge of buying lab
supplies and drug materials for Merck in early 2003, he knew he
was in trouble. "I was a fish out of water," he says.
Then Jensen heard about Duke's Biotechnology for Business program,
an intensive five-day seminar offered every spring. The seminar,
which organizers bill as the Rolls Royce of science training programs
for business professionals, is designed to teach fundamental scientific
and technical concepts to nonscientists. Intrigued by the idea, Jensen
signed up and flew to Durham last May.
A week later, tired but still enthusiastic, Jensen drove off to RDU
airport a satisfied customer. After day upon twelve-hour day of rigorous
classes and labs on such topics as genetics, molecular biology, pharmacology,
chemistry, bioengineering, the human genome project, and bioinformatics,
he felt as if he could finally understand and appreciate the science
behind the life-sciences business. The true test came at the airport
as he waited for his flight back to New Jersey. Opening a biotech
trade magazine that he had never been able to decipher before, he
found that it actually made sense to him now.
"I knew what they were talking about," he says, still somewhat
astounded. "It was amazing the difference that five days make.
When I read it before, it was so far removed from my knowledge that
I couldn't make heads or tails of most of it."
Jensen is one of hundreds of midcareer business types who have taken
the Biotechnology for Business course since Duke started offering
it in 1994. Some forty professionals, or their companies, shell out
up to $4,600 a pop each May for the little-known but highly acclaimed
program, one of the few of its kind in the world. (This year's program
is slated for May 2-6.) The eclectic list of participants typically
includes both the expected--biotech and pharmaceutical managers--and
some surprises: financial officers, venture capitalists, patent attorneys,
private investors, headhunters, and government officials. They come
from around the globe: Singapore, Hong Kong, Australia, Scandinavia,
and The Netherlands. "We've had participants from every continent
except Antarctica," says Michael C. Pirrung, a chemistry professor
at Duke who founded the biotech program ten years ago and still runs
it.
"We thought we would get a lot of CEOs and CFOs from biotech
companies, but rarely do we get those executives anymore," says
Pirrung. "Most biotech executives have biotech backgrounds these
days. So, now we get attorneys who don't have science backgrounds
or investment bankers or industry analysts. We also get a lot of
people from marketing departments."
"I think a lot of people are going there to learn enough about
the science to connect the dots to commercial applications," says
Curt Brewer, a Raleigh business lawyer with no science background,
whose firm, Kennedy Covington Lobdell & Hickman LLP, has started
working with biotechnology start-ups. Peggy Low, senior vice president
of technology for the Winston-Salem Chamber of Commerce, decided
to come after watching the Piedmont Triad's pool of life-science
firms steadily grow to nearly fifty over the past few years. She
thinks the course will give her group a leg up in efforts to entice
biotech firms to the Triad and foster a more supportive environment
for the companies already there.
"I really felt I needed a better understanding of what they
did," says Low, who has a liberal-arts background and an M.B.A.,
but little science training. "If I can talk the language, I
can better communicate with them and better recruit them."
As the program participants quickly discover, learning to talk the
language is no cakewalk. On an average day, the Biotechnology for
Business program consists of six or seven hour-long lectures at the
Sanford Institute, plus lab experiments, technology demonstrations,
and discussion groups. Program participants also receive custom-made
course texts the size of small phone books, detailing all of the
material covered in the lectures.
In the classroom, a team of seven instructors led by Pirrung set
a grueling pace. On the first full day, the emphasis is heavily on
cell biology and genetics. Haifan Lin, an associate professor of
cell biology at Duke Medical Center, and Theresa O'Halloran, an assistant
biology professor at the University of Texas at Austin and a former
Duke instructor, take turns teaching about such weighty concepts
as the four basic types of gene mutations and nucleotides and the
transcription of DNA.
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