Program Introduction

BIOMEDSHIP is a focused educational program at Purdue University that provides formal training in innovation and entrepreneurship in the context of biomedical technology and the medical device industry . Our mission is to develop leaders in biomedical technology innovation and management. It is a unique course series designed to provide students with the skills essential for the early development and management of new biomedical technologies. The program targets graduate students in engineering and MBA students. It enhances students’ abilities to identify new opportunities for innovation, assess clinical and market potential, and take the critical first steps in invention, patenting, early prototyping, development of new concepts, and movement toward commercialization. Students who successfully complete the elective sequence receive a certificate of completion in addition to course credit.

The BIOMEDSHIP Initiative involves a partnership between Purdue’s Weldon School of Biomedical Engineering, Purdue’s Krannert School of Management, and the Indiana University School of Medicine. Other critical stakeholders in this program will be medical technology companies, venture capitalists, and the State of Indiana.