UCI Technology & Entrepreneurship Competition 2016

February 20, 2016
UCI Paul Merage School of Business

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The 2016 competition was sponsored by Wilson Sonsini Goodrich & Rosati (WSGR), one of the nation’s leading intellectual property law firms. Dr. Hans Keirstead, Chief Executive Officer of AiVita Biomedical, is the Competition’s technical advisor. PHOTOS of the 2016 Competition on Flickr >

The 2016 competition brought together graduate students from the Ayala School of Biological Sciences, Paul Merage School of Business, and UCI School of Law. Each team had a science, business, and law student.

Students had five (intense!) hours to negotiate a joint development agreement between two corporations (Cancer Stem Cell, Inc. and Immune Modulation Corporation) for a new and exciting stem cell technology, and then write up the terms of the agreement. The problem was designed to give each team member an important role in structuring the deal. The law students, for example, were responsible for resolving legal issues connected to intellectual property rights, indemnification, representations and warranties, and confidentiality.

The participants developed practical transactional skills, collaborated on interdisciplinary teams, gained exposure to corporate issues, and learned best practices from a distinguished panel of professionals. The teams were judged and awarded based upon the effectiveness of their business strategy, understanding of the issues, overall professional demeanor, and the terms of the final agreement.

The competition was sponsored by Wilson Sonsini Goodrich & Rosati (WSGR), one of the nation’s leading intellectual property law firms. Dr. Hans Keirstead, Chief Executive Officer of AiVita Biomedical, was the Competition’s technical advisor and Awards Dinner keynote speaker.


Results

Competition Champion

  • Sara Pennebaker
  • Priya Nayak
  • Karthik Mukkamala

Best Negotiation

  • Alexander Zeng
  • Punya Narayan
  • Ben Kempenich

Best Term Sheet

  • Dylan Kornbluth
  • Jaidev Jayakumar
  • Alex Kexel
  • Harvey Meza
  • Paloma Shah
  • Sudip Sahoo

Judges’ Award

  • Dylan Kornbluth
  • Jaidev Jayakumar
  • Alex Kexel

Most Creative Outcome

  • Chrisdo (Wenyue) Fan
  • Julius Edson
  • Pravin Surana

Best Deal for IMC

  • Harvey Meza
  • Paloma Shah
  • Sudip Sahoo

Best Deal for CSC

  • Jiaxiao Zhang
  • Michael Aguilar
  • Pramod Mallina