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“Life Sciences in an Oil City”
World-Class Research
Aberdeen’s Nobel LaureatesChemistry 1921 Frederick Soddy Professor of Chemistry
Physiology or Medicine
1923 J J R Macleod Regius Professor of Physiology
Physics 1937 Sir George Paget Thomson
Professor of Natural Philosophy
Peace Prize 1947 Lord Boyd Orr Director of the RowettProfessor of Agriculture
Chemistry 1952 Richard L M Synge Biochemist Rowett
Spin outs created 2009 - 2012
Source: PraxisUnico Spinout UK Survey, Annual Report 2013
Note: Spin-outs are defined as companies formed to exploit intellectual property owned by a university and do not include start-ups, which are formed without IP
1 University of Oxford 11
2= University of Edinburgh 10 University College, London 4 Imperial College , London 85 University of Nottingham 7
6 University of Aberdeen 5
7= University of Cambridge 4 University of Glasgow University of Strathclyde Heriot Watt University
Strategy & Support for Knowledge Exchange
• Create a culture and training to incentivise staff
• Bio-business and entrepreneurship at undergrad and post-grad levels
• Co-founders of £25 m VC fund for Life Sciences with
Edinburgh & Glasgow Universities, Scottish Enterprise, EIB, Strathclyde Pension Fund
Gov funded science
Haptogen formed in 2002
Sold to Wyeth in 2007Became Pfizer in 2009
On-going collaborative relationshipReturn of IP to create new businesses
Life Sciences Innovation 1
Creating a life science cluster
GT Biologics Ltd
Attracting inward investment
TauRX
TauRx Therapeutics announces successful Phase 2 Clinical Trial
Attracting inward investment; TauRx Therapeutics
• University and founders (CEO Prof Claude Wischik)– spun-out in 2002
• Raised around US $380 m of investment – primarily from sources in Far East and Canada
• Phase III trial, started 2013
- Investment from Angel investors- Phase II clinical trials- Signed licence deal withTaro Inc
Life Science Business Leadership (2013)
NovaBiotics Ltd, Aberdeen
Scottish life sciences award winner07 February 2014
Dr Deborah A O'Neil
Collaboration is key to finding answers to big problems
• “I would like encourage academic, clinical and commercial Life Science colleagues to consider routes to regional collaboration fuelled by our commitment to science excellence and common experience of Life Science Research in an Oil City”
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