Merck Serono Announces Innovation Cup 2014
Innovation Cup is aimed at university students and postdocs in life science fields from all over the world
The Merck Serono Innovation Cup offers 30 selected participants the opportunity to familiarize themselves in a one-week summer training camp with the basics of pharmaceutical industry research and development. In teams, they develop ideas for innovations in oncology, immuno-oncology, autoimmune diseases, chemo- and bioengineering, drug formulation as well as Medical Devices/Electronic Health and elaborate these ideas into concrete project plans with assistance from coaches. The participants learn first-hand what it means to discover and develop new drugs and what requirements must be met in order to successfully launch new drugs. At the end of the training camp, the teams present their project plans to a jury composed of Merck executives and external experts. The team that presents the most convincing plan will win the Innovation Cup, which involves prize money of € 10,000.
The training camp will take place from July 13 to 18 in Darmstadt, Germany. Travel expenses as well as the cost of food and lodging will be paid for by Merck.
The Merck Serono Innovation Cup has been taking place annually since its launch in 2011. With this initiative, Merck Serono wants to promote the personal development of postgraduates who have the potential to become the top researchers or managers of tomorrow. At the same time, the program serves as a forum for exchanging ideas on medical innovations. Seven of the ideas developed during the summer camps of recent years are currently being further processed by Merck researchers; several of the former camp participants are involved in this work.
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