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Health & Life Sciences Leadership Series: “Commercializing Life Sciences from Academia”

Wednesday, Mar 2, 2016

Presentation, Q&A, and Reception: Commercializing Life Sciences from Academia: Accomplishments and Dreams

On March 2, 2016, Robert Langer — Professor at MIT , biotechnologist, engineer, scientist, inventor, and entrepreneur– addressed over 100 guests gathered at the British Consulate General at One Broadway in Cambridge, MA (the same building that houses the famous MIT Cambridge Innovation Center) to discuss how he has achieved immense success over the last 40 years, commercializing his academic breakthroughs in life science.

Prof Langer’s work has published 1300 scientific articles—been cited 170,000 times, making him the most cited engineer in history—and he has more than 1,060 patents granted or pending for his inventions. Dr Langer was the first person to engineer polymers to control the delivery of large molecular weight drugs for the treatment of diseases such as cancer and mental illness. Over 2 billion lives have been improved worldwide by the technologies created by Dr Langer’s lab, the largest biomedical engineering lab in the world. Dr. Langer’s patents have been licensed or sublicensed to over 250 pharmaceutical, chemical, biotechnology and medical device companies. He is the founder of 24 companies.  In fact, in his introduction of Dr. Langer at the event, Dr. Alireza Haghighi suggested “If you are a doctor treating patients, you have already made use of some technology that emanated from Bob Langer”.

Worldwide, the US leads the way in universities owning academic patents, with Japan, UK and Korea following next, but far behind.  However, it wasn’t always that way.  In his presentation here, Dr. Langer points out that commercializing life sciences was, until a few years ago, “taboo”.  The first major investment came in 1974 when Monsanto invested $23 million with Harvard.   What does Dr. Langer feel contributes to his success in commercializing life sciences?  He lists five themes:

  1. Platform Technology – don’t sell your patent to one pharmaceutical company that might get limited use out of it. Start your own company so that you can use the technology broadly, and within your control
  2. Ideally, Product Company – don’t just provide the theory, provide an actual product
  3. Seminal Paper in Top Journal – publish! Get the word out about your breakthroughs. Get cited.
  4. Patents (seminal, ideally blocking) – try to get patents with the broadest claims possible. If your patent is accepted right away, Dr. Langer suggests that its scope was probably narrower than it should have been to be really successful. Start broad, and narrow down as necessary.
  5. In vivo Proof of Principle – provide proof, documents, affidavits, research, whatever’s necessary.
  6. All done with former or current students – Dr. Langer believes these are the people who have the passion to see the thing through and will “walk through walls” for it. He also feels it gives you a strong sense of satisfaction and enjoyment to see your students grow and evolve.
Robert Langer March 2016

Dr. Langer’s many awards include the Queen Elizabeth Prize for Engineering ($1.5 million), U.S. National Medal of Science, the U.S. National Medal of Technology and Innovation, the Charles Stark Draper Prize (considered the engineering Nobel Prize), Albany Medical Center Prize (largest U.S. medical prize), the Wolf Prize for Chemistry, the 2014 Kyoto Prize and the Lemelson-MIT prize, for being “one of history’s most prolific inventors in medicine.” Langer is one of the very few individuals ever elected to the National Academy of Medicine, the National Academy of Engineering, and the National Academy of Sciences.

Robert Langer March 2016

Dr. Langer was asked during the Q&A “What will be the most exciting advances in the next years?”. Dr. Langer breaks the answer down into two parts. First, he says we have to ask ourselves “What’s an advance?” and suggested “any real advance in medicine will take 20 years—if you’re lucky”. Second, he further clarifies the time frame intended in the question, and suggested “The next five years? It will be something that none of us have even thought of yet”.      Photo: GABC

Robert Langer March 2016

Audience members, many from the scientific community, pose questions.  Photo: GABC

 

Robert Langer March 2016

Alireza Haghighi, MD, D.Phil, of Harvard Medical School moderates and provides the introduction for Dr. Langer.  Photo: GABC

Robert Langer March 2016

This event was organized by the British Consulate Boston, BABCNE, and UK Trade & Invest with support from GABC and SACC-NE.    Photo: GABC

Robert Langer March 2016

Networking and Refreshments Reception following Dr. Langer’s presentation   Photo: GABC

 

 

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