Boardwork and Corporate Governance for Life Science Startups
How to create even more high-growth, successful Life Science companies with global ambitions? What are the keys to unlocking the massive potential in Life Science? Some of the decisive factors are high-performing boards and sound corporate governance principles. To be a board director of a Life Science startup is an important and inspiring, yet challenging task. Company interest and value creation are challenging to keep in focus in board rooms when there is ambiguity regarding strategy, uncertainty regarding future financing, and dilemmas in the roles and responsibilities of the board of directors, founders, investors, and the executive team.
The BioInnovation Institute (BII) and CBS Board Education has co-created a board education program for Life Science startup board directors, business owners and executives in biotech startups. This board education is based on knowledge and experience from the Life Science Industry and startup companies and provides models and tools regarding the board’s role, best practices, dilemmas, and challenges – all aimed at promoting value creation and sustainable. The participants will take part in case-based learning processes in a peer-to-peer teaching format where faculty composed of professors, experienced chairs, and board members as well as advisors will inspire and challenge participants on their experience, knowledge, and considerations.
Companies with professional boards able to grow faster, increase yield and realize more relevant market opportunities. It is an essential competency to Life Science startup board directors to gain knowledge about the corporate governance system, company law, strategy and value creation, finance and risk management, and board dynamics.
This board education program is developed by CBS Board Education in close collaboration with BioInnovation Institute and experienced CBS Professors, board members, Life Science startup investors and founders.
On the first day, a welcoming reception will take place. On the second day, after the completion of the program, diplomas will be presented.
- Board and governance fundamentals
- Classical governance issues
- Shareholders and boards in biotech
- Creating shareholder alignment
- Board supervision
- Succession and people issues
- Board and strategy
- Business opportunities
Profile of participants
This program is primarily aimed at Life Science startup board directors and investors from Danish and Nordic Bio companies, but is relevant for everyone who has the ambition to work professionally with board work in Life Science startups, e.g. founders, venture capital managers, family offices, as well as advisors closely related to the environment.
Participants typically aim at improving their tools and knowledge for enhancing value-creating board work, which they can combine with their own experiences from the Life Science startup environment.
Teaching approach and faculty
Led by world-class faculty team of 6 experienced professors, board chairs and advisors, participants will work with 7 cases during the two days focusing on the most important issues and challenging tasks and dilemmas faced by board of directors of Life Science startups. Each case discussion is initiated by a short introduction of the topic, followed by breakout group discussions whereby groups act as boards of directors. The boards’ decisions are summarized and challenged by the faculty team during the concluding classroom discussion. The program is in English.
- Jens Nielsen, CEO, BioInnovation Institute
- Sten Verland, General Partner, Sunstone Life Science Ventures
- Henrijette Richter, Managing Partner, Sofinnova Partners
- John Haurum, Synklino Chairman of the board, CatalYm GmbH
- Steen Thomsen, Professor, Copenhagen Business School
- Hans T. Schambye, President & CEO, Galecto, Inc.
- Claus Olesen, Co-founder STipe Therapeutics
- Martin Bonde, CEO, Inthera Bioscience
• Day 1: Monday, May 1, 09.00-17.30
Welcome reception with snacks, 17.30-18.30
• Day 2: Tuesday, May 2, 09.00-17.30
Certificate reception with tapas, 17.30-18.30