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CDL’s global network will be expanded with the new CDL-Berlin site.

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Toronto, Ontario, Germany; Berlin, Germany, June 23, 2022 (GLOBE NEWSWIRE)-The BERLIN / TORONTO Creative Destruction Lab (CDL), founded in the Rotman School of Management at the University of Toronto, is a new site and program in Berlin, Germany. I’m launching a stream. A vibrant startup ecosystem. CDL-Berlin aims to significantly improve personal and planetary health by involving founders working at the forefront of life sciences.

ESMT Berlin’s new Health Stream integrates the CDL’s global network of mentors, investors and entrepreneurs with Germany’s world-renowned healthcare and research system. This stream focuses on translation science and technological innovations that improve human health and wellness, including digital health, medical devices, diagnostics, bioinformatics, genomics, and biotechnology including therapeutics and synthetic biology. Guess.

CDL offers a goal-based 9-month mentorship program for large, scalable science and technology-based start-ups. CDL-Berlin will bridge the current commercialization gap in Europe between scientific excellence and entrepreneurial translation.

Germany is known for its excellent research across all technology sectors, but has not been able to transfer technology to ambitious ventures or ultimately new global champions. The country is currently building a new generation of deep tech entrepreneurs who harness the power of leading research to address the world’s most pressing social and environmental issues. Europe’s direct annual global potential impact on life sciences research and early detection is estimated to be $ 0.5 trillion to $ 1.3 trillion over the next 10 to 20 years.

CDL-Berlin unleashes this potential by supporting founders on market access, regulation, and business challenges, significantly improving lab-to-market timelines and success rates.

CDL is a great addition to ESMT’s entrepreneurship and technology portfolio and provides students interested in creating access to experience programs and opportunities for hands-on experience. ESMT President Jrg Rocholl wants to work with Berlin-based world-class healthcare organizations to have a lasting impact on a thriving healthcare ecosystem.

We are very pleased to be able to defeat Thorsten Lambertus, who has deep technology innovation expertise, and lead the CDL site. We are also looking forward to announcing a well-known academic director in the near future.

ESMT Berlin is the center of Europe and an ideal base for this new CDL site. ESMT is Germany’s No. 1 business school, developing entrepreneurial leaders who think globally and act responsibly. As an institution embedded in Germany’s deep technology economy, ESMT has close relationships with leading research institutes, world-leading companies and hidden champions in all sectors.

CDL-Berlin uses Health Streams to focus on the BioNTech industry, which is a major success story in recent years. CDL-Berlin is in a position to contribute to global efforts to improve human health and wellness, giving founders access to the world-renowned center of medical excellence. There are several major institutions and programs here with a focus on healthcare.

Charit is the 5th best hospital in the world and one of the leading hospitals in Europe. The healthcare ecosystem was ranked third in the 2021 World Index for Healthcare Innovation (Research Foundation for Equal Opportunities). The annual World Health Summit brings together academia, industry and political experts. Eight Life Science Technology Parks, approximately 40 life science-focused research facilities, and 170 health-related research programs (Life Science Report Berlin 2019/2020).

CDL is a structured social experience with economic implications. CDL Executive Director Sonia Sennik has a proven process to help businesses get through the distractions and focus on what matters most. We welcome the vibrant community of experienced entrepreneurs and experienced investors in Berlin to our global CDL network.

Germany is an innovation powerhouse with outstanding research across all technology sectors, but innovators are struggling to move technology into an ambitious and ultimately successful venture, focusing on life sciences. Marco Janezic, founding partner of Blue Ribbon Partners, a guess company builder and veteran CDL mentor, said-Oxford. CDL-Berlin is located at ESMT, Germany’s top business school, to fill this gap.

Companies and founders interested in applying for the CDL-Berlin Health Stream should contact [email protected] for more information. Join the CDL Health Webinar for more information. Applications will be accepted online until August 31, 2022.

About Creative Destruction Lab

Creative Destruction Lab (CDL) is a non-profit organization that provides goal-based programs to large, scalable, seed-stage science and technology-based companies. The nine-month program allows founders to learn from experienced entrepreneurs and increase their chances of success. Founded in 2012 by Professor Ajay Agrawal of the Rotman School of Management at the University of Toronto, the program has been expanded to 12 sites in 6 countries. The participating ventures have generated a stock value of $ 20 billion (CAD). https://creativedestructionlab.com/

About ESMT Berlin

ESMT Berlin is Germany’s highest ranked business school and ranked in the top 10 in Europe. Founded by 25 major global companies, ESMT offers Master’s, MBA, and PhD programs, as well as executive education on campuses in Berlin, locations around the world, online, and in a mixed online format. Focusing on leadership, innovation and analysis, its diverse faculties publish excellent research in leading academic journals. In addition, the International Business School provides an interdisciplinary platform for discourse between politics, business, and academia. ESMT is an AACSB, AMBA, EQUIS, and FIBAA accredited non-profit higher education institution committed to diversity, equity and inclusiveness across all its activities and communities. https://esmt.berlin/

Media contacts

AmarpreetKaur Associate Director [email protected]

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