MedCity Update – February 2015
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Welcome

From Dr Eliot Forster, Executive Chair of MedCity

Lots of positive news to report this month, particularly around our focus on raising the investor community’s awareness of what an exciting prospect the life sciences sector is. Our first Future of Healthcare Investor Forum with the London Stock Exchange was packed to capacity, and was kicked off by Minister for Life Sciences George Freeman performing the Market Open Ceremony. We also held our second Angels in MedCity investor workshop and are gearing up for the first pitching event for entrepreneurs.

February sees MedCity join Mayor of London Boris Johnson’s delegation to the East Coast of the United States, where one of his focuses will be on flying the flag for our region’s life sciences excellence. We’ll report back on our activities in the next newsletter, and please also watch out for some good news about new investment to be announced during the visit.

Future of Healthcare Investor Forum 

The variety and quality of investment opportunities in UK life sciences was highlighted in the inaugural Future of Healthcare Investor Forum, hosted by MedCity and the London Stock Exchange. The event brought together speakers including Minister for Life Sciences George Freeman, Deputy Mayor for Business and Enterprise Kit Malthouse and AstraZeneca’s Mene Pangalos.
The event began with George Freeman performing the LSE’s market opening ceremony.
Read more

Angels in MedCity – coming up

Angels in MedCity workshops and pitching events are continuing throughout 2015. Find out more about future workshops and how to apply to pitch to the new community of life sciences angels here.
Read more about Angels in MedCity

Record VC funding for UK life sciences

UK life sciences attracted record levels of venture capital funding in 2014, new data shows, with $713m invested compared to $503.89m in 2013. The majority of the funding was attracted by companies in the London-Oxford-Cambridge region, which raised $502.64m in 2014, up from $437.23m in the previous year. Companies raising significant funding include Oxford-based AdaptImmune and London’s Cell Medica.
Read more

NHS Innovation Accelerator

The NHS Innovation Accelerator is calling for healthcare pioneers to bring their tried and tested innovations to the NHS, with up to 20 set to be selected and rapidly developed across the health service. UCLPartners and the Health Foundation are hosting the programme, and mentors include MedCity’s Eliot Forster.
Read more and apply

UK e-Health Week 

UK e-Health Week takes place on 3-4 March, with the aim of bringing e-health innovations and innovators together with the people who commission, implement and use them. MedCity is co-sponsoring Take The London Challenge, an event for entrepreneurs to test and get feedback on e-health ideas and products that address the key challenges of childhood obesity, dementia and mental health.
Public sector and NHS organisations can register for the event for free; private entrepreneurs can go free by using the code SME.
A limited number of free registrations are available for UK e-Health Week for MedCity subscribers by using the code TECH.

Read more and attend the event

MedCity chief to lead Immunocore

Eliot Forster has been announced as the new chief executive officer of Immunocore, a leading Oxford-based biotech focused on the discovery and development of novel cancer therapies. Eliot will continue in his role as Executive Chair of MedCity. 

Read more

World Stem Cells and Regenerative Medicine Congress

MedCity is sponsoring the World Stem Cells and Regenerative Medicine Congress, taking place in London from 20 to 22 May. The event includes an Investor Forum with 20 minute pitching opportunities for nine SMEs. To join, please apply by 2 March here.
MedCity has negotiated a 30% discount for members of its community to attend the Congress; to use the offer please book here.

See more about the event here

Medtec UK Healthcare Technologies

A free event for medical device manufacturers and healthcare professionals focused on healthcare technologies and innovation, taking place at ExCel London on 3 to 4 March.

Register here

R&D tax credits consultation

As part of its consultation on the design and administration of R&D tax credits, HM Revenue & Customs is asking SMEs to fill in a short survey aimed at understanding how to make it easier for companies to claim tax credits.

Fill in the form here

Coming up

Biophysics and bioengineering across scales, The Crick
Breakfast with BIA – Oxford, BioIndustry Association

The obesity epidemic – implications and responses, Imperial College London
Life Science Leadership Series – Cancer Immunotherapies, One Nucleus

 

Email us to share your event

MedCity was established in April 2014 by the Mayor of London with the capital’s three Academic Health Science Centres – Imperial College Academic Health Centre, King’s Health Partners and UCL Partners.

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The next edition of MedCity Update will be sent in March 2015.

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