BioPartner.co.uk PRESS RELEASE 30 JULY 2010 For Immediate Release BIOPARTNER FORUM SOUNDS OUT INTERNATIONALISING COMPANIES The BioPartner Annual Discussion Forum and Dinner was held on the 8th July at Ettington Park Hotel near Stratford on Avon, UK. Life science executives from across the UK joined a panel of experts to discuss ‘Internationalisation – how, when and where?’ UK BiotechNet’s Meredith Lloyd-Evans chaired the afternoon Discussion Forum. The Discussion was led by Matthew Walls, CEO of Epistem, John Hall, Chairman of the Translational Medicine Research Initiative and Jolyon White, Life Science Technology Broker at LTN. The panel sparked a lively and wide-ranging debate about internationalisation. Without exception, delegates were involved internationally, for reasons both positive and negative. In the main, companies wanted access to broader markets, plus collaborations and partnerships with overseas firms, especially with the UK affected by recession and dearth of investment funding. With large pharmaceutical companies such as Pfizer closing their in-house research facilities and outsourcing R&D, this opens up a significant range of possibilities for smaller biotechs. Negatives included funding difficulties. In the current climate, UK funders have no appetite for risk, leading companies to seek capital abroad. This can result in companies moving overseas to be near their fund sources. The difficulties of selling into the NHS, a prime market for UK healthcare companies, were cited as a reason to look elsewhere. Ostensibly one organisation, the NHS is in fact fragmented, each authority or trust interpreting the rules in their own way and demanding separate approaches to win business. There was unanimous agreement that companies had to espouse cultural awareness – ‘intercultural fluency’ - in dealing with overseas customers. UK Trade and Investment’s specialists embedded in embassies and consulates around the globe drew praise for their role in helping UK exporters break into new markets. But there is concern that government spending cuts will adversely affect this service. The forum was followed by the Biopartner.co.uk Annual Dinner. UK BiotechNet’s chairman Mike Bennett introduced guest speakers Nigel Gaymond, CEO of the BioIndustry Association (BIA), and Dr Mark Treherne, CEO of Cambridge-based Senexis, which focuses on neurological diseases. Nigel Gaymond 1 outlined his newly-appointed role as CEO and future plans, including co-locating the BIA and kindred organisations under one roof to maximise effectiveness. Mark Treherne spoke of the cultural change he had experienced moving from a multinational to a small company, and funding issues driving small companies to internationalise their research through outsourcing. The dinner was sponsored by UK BiotechNet and Teva Pharmaceuticals. Mike Bennett said: “Clearly, we are not immune to what is happening in the UK and elsewhere, but the event manifested a very positive outlook in the industry and evidenced the breadth of global opportunity for UK biotechnology.” Ends For further information contact: Nigel Wild, UK BiotechNet Executive 01993 830661(W), 07860 188780(M), nigel.wild@biotechnet.co.uk Lin Bateson, BioPartner Executive 01865 784 737 lin@biopartner.co.uk Notes for Editors About BioPartner.co.uk BioPartner.co.uk creates opportunities for international biotechnology business partnering, working with a range of clients in the private and public sector to organise partnering events, international projects and delegations. BioPartner support includes strategic consultancy, research and reports. Biopartner.co.uk’s partnering software, Mojo, provides a powerful, effective tool that, matched with BioPartner’s extensive industry contacts, provides a professional, personal and skilled approach to the task of putting the right people together for business advantage. Contact: Lin Bateson Email: lin@biopartner.co.uk Phone: 01865 784 737 Web: www.biopartner.co.uk About UK BiotechNet 2 The UK BiotechNet consortium is a group of biotechnology professionals with complementary expertise providing appropriate, professional, discreet, expert services to life science companies across the globe. Fields of activity include human, animal, agricultural and industrial biotechnology. The consortium is particularly effective in leveraging the knowledge and experience of its experts to bring projects to the next stage of development. UK BiotechNet was founded by BioPartner.co.uk and Nigel Wild Associates. Contact: Nigel Wild Email: nigel.wild@biotechnet.co.uk Phone: 01993 830561 Web: www.biotechnet.co.uk Panel Profiles Meredith Lloyd-Evans - chairman Meredith Lloyd-Evans is Managing Director of BioBridge Ltd. He began his career as a veterinarian, then joined SmithKline Animal Health UK Ltd and became the Technical Director UK and Co-ordinator for veterinary pharmaceutical product development in Europe. He has worked in technology transfer and licensing with the British Technology Group, responsible for a portfolio of inventors, patents, projects and commercial licenses in biotechnology and biomaterials as well as animal health. BioBridge, established in 1989, has evolved from a sole tradership through partnership to a limited company with a wellestablished network of associates. BioBridge is active in Japan, USA, Latin America and Europe and works in all areas of bioscience-based business activity. John Hall John Hall is Chairman of TMRI (Translational Medicine Research Initiative), Glasgow, Scotland, and cofounder of Leader Partners which provides a platform for the delivery of consulting and training services to the biotechnology, pharmaceutical and contract research sectors. He is also a member of the Scottish Life Sciences Advisory Group and the NHS Scotland Chief Scientist Committee. He has over 30 years’ international experience in these industries at a senior executive level. Matthew Walls Matthew joined Epistem in February 2007 as Chief Executive Officer. Matthew is an experienced CEO, most recently with Oxford BioSignals Limited where he led the strategic 'diagnostic' collaboration with Rolls Royce Plc and Covance Inc and completed the recent fundraising and repositioning of the medical diagnostic business to the United States. Matthew has led the growth and development of several technology and biotechnology companies as CEO including Internexus Limited and Zylepsis Limited. Matthew holds a non-executive role at Riyada Oxford Investments Limited. Epistem is a leader in the use of epithelial stem cells for biomarker-based pre-clinical research and development of novel therapeutics. Jolyon White Jolyon is a Technology Consultant specialising in life sciences, and works with London University departments in biological sciences, clinical laboratory sciences, life sciences and pharmacology, helping to match expertise with commercial needs for the effective exploitation of knowledge. For the last 15 years, Jolyon has worked in the pharmaceutical and biotechnology industries, holding posts variously in Quality, Technical/Project Management, General Management and for the last 8 in Business Development. He has a wealth of experience as a business manager in the areas of B2B and international sales, Corporate Strategy development as well as in the complex area of business-NGO interactions. 3