Wednesday, January 23, 2019

Harvard Business School's New Venture Competition


As the chairman of Cambridge Therapeutics, John Klein leverages his extensive background in the healthcare and pharmaceutical industries to guide the strategic direction of the company. Outside of his pursuits at Cambridge Therapeutics, John Klein has provided consulting services to Harvard Business School on strategic ways to improve competitiveness.

One program that Harvard Business School offers to students is its annual New Venture Competition. Featuring a $300,000 prize, the competition provides student teams with the opportunity to present a new idea for a business or a social enterprise. To compete in the business track, teams must include at least one current Harvard Business School MBA student to play a lead role in the business and serve as a major equity holder. 

For the social enterprise track, teams must consist primarily of Harvard University graduate students who hold meaningful roles in the proposed organization. For social enterprise entries, one team member must meet these qualifications: be a Harvard Business School MBA student, either a Center for Public Leadership fellow or Adrian Cheng fellow, or a Harvard graduate student taking certain courses. In addition to the student competitions, HBS alumni can enter regional New Venture Competitions with cash prizes of $100,000.

Monday, January 14, 2019

Novel Drug Delivery System May Boost Effectiveness of Cancer Treatment


An accomplished pharmaceutical executive based in Teaneck, New Jersey, John Klein is the chairman of Cambridge Therapeutics. In his capacity with Cambridge Therapeutics, he oversees the development of novel drug delivery systems and combination drug therapies. John Klein also keeps up with industry news related to areas such as novel drug delivery systems.

A new and exciting frontier in the field of pharmaceuticals, novel drug delivery systems aim to improve therapeutic efficacy and increase patients’ compliance with their prescribed regimens. New advancements in the field are happening at Virginia Tech, where faculty researchers have developed a novel drug delivery system with the potential to enhance cancer treatment options.

Current treatments that involve injecting nanoparticle drugs into patients have limited effectiveness because few of those nanoparticles reach the cancer site. On the other hand, through the new Nanoscale Bacteria-Enabled Autonomous Drug Delivery System (NanoBEADS), anti-cancer nanoparticle drugs are chemically attached to attenuated bacteria cells, which boosts the effectiveness of the treatment by allowing more of the therapeutic agents to reach the cancer site.