By Thomas Galassi and Sarah Kishinevsky
On Tuesday November 1, BBI teams presented the first drafts of their practice business plan pitches in the Practice Round Pitch Day. Teams received comments from business mentors and technology licensing officers (TLO), who were gracious enough to help prepare teams for the Pitch Day Competition on December 13th. Judges of the practice round included Imke Ehlers, Ph. D. (Memorial Sloan Kettering TLO), Nidhi Sabharwal, Ph.D. (Rockefeller University TLO), Dan Oscar, Ph. D. (Weill Cornell Medicine TLO), Gene Resnick, M.D. (Averion International Corporation), Phil Crowley, J.D. (Former legal councel, Johnson and Johnson), Nigel Liverton, Ph. D. (WuXi AppTech), Jerry Korten, MS (QoL Devices), Marissa Tricarico (Merst Ventures LLC), Frank Borchetta, JD (Repairogen) and Linda Masat, PhD (Takeda Development Center).
In addition to hearing from mentors and TLOs, BBI participants voted for their favorite pitch in the first and second half. To ensure participants were not able to vote for their own teams, members whose team presented in the first half of the program were asked to only vote on the second half of the program and vice versa. After tallying up the votes BBI has awarded two teams with the “Audience Choice Award” for practice round pitches. The “Audience Choice” award teams from the Practice Round are:
- PARP Wash – Revolutionizing Oral Cancer Detection (first half)
- One Three Biotech – Accelerating Drug Development Through Novel Computation (second half)
Moving forward, BBI teams will be incorporating feedback into revised pitches and will be attending one on one mentoring sessions this week with BBI teaching assistants and mentors. After improving their pitches, teams will present once again at the Elimination Round on November 15th, where the judges will choose the finalist teams to present in the December 13th Pitch Day Competition. While PARP Wash and One Three Biotech may have won the first two awards of the class, other teams are sure to improve their pitches and make the next few weeks of this year’s BBI series an exciting competition.
To get free tickets to the December 13th Pitch Day Competition click here.
We would like to give a special thanks to all of our gracious mentors for their time.
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