MedCity Update – April 2015
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Welcome

From Eliot Forster, Executive Chair of MedCity

Happy birthday!

With April marking the first anniversary of MedCity’s launch, this is a good time to look both backwards and forward. I am amazed that we are only one year old, given the progress and achievements we have made whilst to a large extent having been in ‘set up’ mode. This first year of achievement is a huge tribute to the energy and drive of our Chief Operating Officer Sarah Haywood and her team, as well as to the support we have received from our life sciences sector partners and, most notably our Advisory Board. My thanks go out to you all.

This year has seen the continued progress of our life sciences economy, with record investment into the sector, new players in the MedCity region, in particular from the US, and a plethora of new businesses. I anticipate continued progress in the coming year, especially as we see the emergence of integrated life sciences opportunities where data, applications, medical need and new therapies combine to provide the innovation patients are waiting for.

We will be holding an event to mark the first anniversary of MedCity later this year and I will be able to share more details with you shortly. Together we will continue to advance our ambitions to grow the region’s life sciences economy.

New figures show 2014 life sciences investment surge

A new analysis by BioTrinity and Peel Hunt shows that UK life sciences financings in 2014 amounted to $2.86bn in 2014 – comprising $883m in venture financing and $1,975m raised on the London Stock Exchange.
The report follows figures published by London & Partners in January this year showing that venture capital funding for the life sciences sector increased by 41% in 2014.
Both studies revealed that over 50% of life sciences funding in 2014 was attracted by companies based in the ‘golden triangle’.
Read more about the latest report

Read about London & Partners’ report

Angels in MedCity – coming up

Free Angels in MedCity workshops and pitching events are continuing throughout 2015. Book to attend an investor workshop and find out how to apply to pitch to the new community of life sciences angels here.
Read more about Angels in MedCity

Director of Bloomsbury Research Institute announced 

Professor Sharon Peacock has been appointed as the first Director of the Bloomsbury Research Institute, a partnership between the London School of Hygiene and Tropical Medicine and University College London to address the global challenge of infectious disease. Professor Peacock is currently Professor of Clinical Microbiology at the University of Cambridge, and will take up her new post full-time from September. 

Read more

World class talent, fast business growth

MedCity’s Chief Operating Officer Sarah Haywood joined EY’s panel and networking event discussing London’s offer for international business during the Mayor of London’s February visit to the US East Coast. Read EY’s report on the event here and watch video highlights of the debate here

Analysing London’s science and technology jobs

A new paper published by the Greater London Authority shows a rise of 129,800 jobs in the science and technology category in the greater south east in the 10 years to 2013. The fastest growth was found to be in the digital technology sub-category and, within London, the highest proportion of science and technology employees are located in the borough of Camden.
Read the full paper here

EC Commissioner in science mission to London

Eliot Forster joined Mayor Boris Johnson to welcome Carlos Moedas, European Commissioner for Research, Science and Innovation, to a fact-finding mission to London in March, which took in the Crick, Queen Mary Bioenterprises Innovation Centre, the Digital Catapult, the Wellcome Trust and the London Centre for Nanotechnology.
The Commissioner also held meetings with Sir Paul Nurse, Life Sciences Minister George Freeman, and Greg Clark, Minister for Universities, Science and Cities. 

Watch video highlights of his visit

MedCity discounts at WIRED Health 

Meet MedCity at WIRED Health on 24 April, when we will be hosting a space within the networking area. The event, which takes place at the Royal College of General Practitioners, is offering a 50% discount for SMEs. Other members of the MedCity community can get a 10% discount by using the code WHMEDC15 when you book.

Book here

Space for life sciences growth – research launch

With finding the right space a major issue for life sciences growth, the London Stansted Cambridge Consortium is launching major new research on the scale and growth of the sector and key location and investment opportunities. The free event takes place on 23 April from 5pm at Queen Mary BioEnterprises Innovation Centre, London, with speakers including MedCity’s Sarah Haywood. 

Register here

Inaugural India bioConclave – MedCity discount

Taking place on 20 April 2015, the bioConclave aims to create closer collaborations between Indian and European life sciences companies.
MedCity is speaking at the event, and newsletter recipients can obtain a discount of £100 by using the code MEDCITY. 

Register here

World Stem Cells and Regenerative Medicine Congress – MedCity discount

The World Stem Cells and Regenerative Medicine Congress takes place in London from 20 to 22 May.
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

GSK Discovery Fast Track Challenge open now

Registration is now open for GSK’s third annual Discovery fast track Challenge – an opportunity for the academic community to win partnership with GSK to develop new medicines.

Find out more and register here

Call for bids – biological systems

Innovate UK and BBSRC are investing up to £2.5m to stimulate integrated approaches to biological systems. The competition opens for feasibility studies on 18 May 2015.

Find out more

Coming up

Personalised Medicine World Conference UK, 15-17 April, PMWC
Innovation Leaders Conference 2015, 16-17 April, Innovation Forum
London Regenerative Medicine Network meeting, 27 April, LRMN
BioTrinity, 11-13 May, OBN
Biotech Investment, 9 June, Consilium Strategic Communications

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 UCLPartners.

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

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