Analysis of Value Creation and Value Capture in the Microfluidics Market

 

MIT SDM Systems Thinking Webinar SeriesShailendra Anand Yadav

Shailendra Anand Yadav, SDM ’10 and Bio-Automation Manager, The Eli and Edythe L. Broad Institute of Harvard and MIT

December 6, 2010


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About the Presentation

In the last two decades, microfluidics has been changing the shape of genomics, drug discovery, proteomics, and point-of-care diagnostics. Advances in the technology have resulted in faster analysis time, increased throughput, and reduced cost, among other important benefits. However, Yadav reports that the life sciences end-users and the microfluidics players themselves are far from fully capturing the value of these advances. As an immature technology, microfluidics is to-date still only in the hands of innovators and early adopters, who are academic laboratories and research institutes. He will analyze the current state of the market and discuss genomics and point-of-care diagnostics that have captured the most value from the technology, while drug discovery has seen the least. He will also recommend short- and long-term strategies for increasing value capture and accelerating the adoption of microfluidics.

About the Speaker

Shailendra Anand Yadav joined MIT’s System Design and Management program in 2008, where he conducted research on microfluidics market as a part of his master’s thesis. After graduating from MIT in 2010 with an MS in Engineering and Management, Shailendra is leading an engineering group at The Eli and Edythe L. Broad Institute of Harvard and MIT to develop new product for genome sequencing process improvement. Prior to Broad, Shailendra participated in the development of large-scale automated system for the Human Genome Project at the Whitehead Institute. He holds an MS in Mechanical Engineering from Tufts University and a BE in Mechanical Engineering from Punjab Engineering College, India.

The MIT System Design and Management Program Webinar Series on Systems Thinking for Contemporary Challenges features research conducted by SDM faculty, alumni, students, and industry partners. The series is designed to disseminate information on how to employ systems thinking to engineering, management, and socio-political components of complex challenges.