A Thriving BioScience Community
“What Successful Technology Regions Eat for Breakfast”
http://www.technologyreview.com/view/516586/crowding-into-biotechs-...
Strengths
-Good links between scientists and
managers and financiers
-Strong regional R&D
-Heterogeneous populated of high...
A Networked Ecosystem is Critical To Successful Companies
…So is leveraging the local heritage and expertise
83% from
Biot...
Silicon Valley VS Manchester - Liverpool Commute
San Francisco – San Jose = 48 miles (1 ½ by Train; 1 hour by Car)
Liverpo...
DNA of Silicon Valley
To adopt a model without consideration
of regional resources and competences risks failure*
...as of...
15 Years!
Continuity of Experience and Talent
Difficult to Recover from Loss of Experts
The Impact of a few Connected People…
Critical to Success of Companies
“The majority of high technology companies that hav...
MENTOR NETWORK
Providing insight & mentoring at various knowledge inflection points along your journey
What state does you...
Companies : >160 Companies under BioCity umbrella
Growth on Site: 46% of lease income from companies BioCity directly
invo...
BioHub Growth – One Year On
• 17 Physical Companies
• 38 Virtual Companies
• 7 Corporate Companies
• 256 New Staff on Site
BioHub Companies
PlaceEXPO: Place Tech: Ned Wakeman, BioHub at Alderley Park
PlaceEXPO: Place Tech: Ned Wakeman, BioHub at Alderley Park
Upcoming SlideShare
Loading in …5
×

PlaceEXPO: Place Tech: Ned Wakeman, BioHub at Alderley Park

586 views

Published on

Ned Wakeman, BioHub at Alderley Park

Published in: Real Estate
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
586
On SlideShare
0
From Embeds
0
Number of Embeds
6
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Manchester City Region’s scientific research strengths: Their relationship to the wider UK economy and existing non-university public sector research*
  • PlaceEXPO: Place Tech: Ned Wakeman, BioHub at Alderley Park

    1. 1. A Thriving BioScience Community
    2. 2. “What Successful Technology Regions Eat for Breakfast” http://www.technologyreview.com/view/516586/crowding-into-biotechs-densest-supercluster/ Silicon Valley biotechnology companies raised $1 billion in 2012, versus $860 million for Massachusetts companies (PWC) Open Plan - “the kind of place people can come and go and just bat around ideas” J&J
    3. 3. Strengths -Good links between scientists and managers and financiers -Strong regional R&D -Heterogeneous populated of highly educated people -Science Park infrastructure -Anchor Companies -Government support for innovation -Increasing investment in innovation -Attractive region for investors -Qualified support staff -Open Science -Internationally renowned professors or scientists -High mobility – movement of knowledge a, expertise, and jobs -Good place to live Threats: -Brain drain -Adverse economic or political changes -Few or weak private public partnerships -Lack of government support Critical Success Factors in Clusters successful clusters = successful companies
    4. 4. A Networked Ecosystem is Critical To Successful Companies …So is leveraging the local heritage and expertise 83% from Biotech or Pharma 7% Academia
    5. 5. Silicon Valley VS Manchester - Liverpool Commute San Francisco – San Jose = 48 miles (1 ½ by Train; 1 hour by Car) Liverpool – Manchester = 34 miles (40 minutes by Train; 1 hour by Car) Across London?
    6. 6. DNA of Silicon Valley To adopt a model without consideration of regional resources and competences risks failure* ...as often happens when regions expect to emulate activities in atypical regions like Silicon Valley or Cambridge, UK (Clarysse, Wright et al. 2005). *Final report to the Commission for the New Economy, NWDA & AGMA
    7. 7. 15 Years! Continuity of Experience and Talent Difficult to Recover from Loss of Experts
    8. 8. The Impact of a few Connected People… Critical to Success of Companies “The majority of high technology companies that have shaped the success of Cambridge cluster are connected to a handful of serial entrepreneurs, business angels and venture capitalists” Studies Show Greater Connectivity Translates to Greater chance of success and increased revenue
    9. 9. MENTOR NETWORK Providing insight & mentoring at various knowledge inflection points along your journey What state does your business need to be in, look like, do, have in place? Line of Sight Review Board (Critical Friend) •Payer Groups •Regulatory •Clinical Demand •Patient Usage •Clinical Trial Design •Commercialisation •Licensing •Repositioning •Scientific Assumptions •Funding •M&A •IPO Life Science Mentor Network
    10. 10. Companies : >160 Companies under BioCity umbrella Growth on Site: 46% of lease income from companies BioCity directly involved in creating or growing Survival Rate: 91% survival over 10 years vs 39% UK Life Science failure rate over 3 years Investment *6.4X and 78% IRR since 2006 Returns: Mitigated Risk: 89% of portfolio companies at or significantly above initial investment value BioCity’s History of Successful Business Building and Value Creation *compared to average IRR of 7.05% for 946 early stage US funds over 5 years (Cambridge Associates LLC US Venture Capital Index ® data, 9/2013))
    11. 11. BioHub Growth – One Year On • 17 Physical Companies • 38 Virtual Companies • 7 Corporate Companies • 256 New Staff on Site
    12. 12. BioHub Companies

    ×