Medical Industry Valuation Lab

The Medical Industry Valuation Lab is geared to provide participants interdisciplinary and experiential learning opportunities. Students work in cross-functional teams to conduct market assessments for new medical innovations, helping assess new medical product ideas and streamlining the time to market.

The valuation process involves multiple stages, from assumptions to validations, verifications, challenges, and proposed solutions. This dynamic experience helps students develop a more robust understanding of how to evaluate a new technology or service from a global perspective, and help prepare them for leadership roles in an ever-evolving medical industry.

At the end of the 10-day program and intense intellectual inquiry, students prepare client presentations and recommendations for faculty and inventor critique.

The Medical Industry Valuation Lab also provides industry innovators with a top-to-bottom analysis of their medical innovation and its prospects in the market.

Valuation process and components

 

These lab-experiences were pivotal to my career change and ability to lead within it due to their on-the-ground engagement in different markets and cultures with real world clients and teams. As an Industry Adjunct Lecturer, I instruct the Global Valuation Lab and bring my 12 years of MedTech industry experience and my exceptional time spent at the Carlson School of Management as a student myself.

– Dane Stimart. Adjunct Lecturer, Carlson School of Management