biotech: delivering the future what is the role for science parks and bioincubators? glenn crocker...
TRANSCRIPT
Biotech: delivering the future
What is the role for science parks and bioincubators?
Glenn Crocker CEO BioCity
Biotech: Delivering the Future• What might (do we want) the future look like?
• Where are we now?
• What are we doing?
• What could we be doing?
What Might a successful UK Bioscience Industry look like in the
future?
Thoughts?
What might a successful UK Life Sciences industry look like in the future ?
• A selection of major international businesses• A pipeline of companies developing highly
innovative, world leading technologies• Highly skilled workforce- technical and
managerial• Sophisticated and enabling investment
community
Where are we now?
UK Life Science Start up Report
2011Preview
UK Life Sciences- Does size matter?
UK US
Vectura $450 Million Amgen $50.8 Billion
Vernalis $50 Million Biogen Idec $22.5 Billion
BTG $1.3 Billion Celgene $28.3 Billion
Renovo $45 Million HGS $2.5 Billion
Phytopharm $42 Million Gilead $29.8 Billion
Dendreon $1.3 Billion
Investment
£ Million % Total
East/London/South East 230 74%
rest of UK 82 26%
312 100%
Bioincubators & parks
Bioincubators/parks Other sites
Location of Life Science Start-ups 44% 56%
Location of companies receiving investment 63% 37%
Average amount invested per company £4.7M £2.1M
Role of Science Parks/BioincubatorsFor discussion.
• What are we doing to:– Help build the pipeline of successful companies– Help fill technical and managerial skills gaps
• What could/should we be doing?