life science accelerator, tom palenius

Life Science Accelerator

lifesci.ac @lifesciac #lifesciac

Healthcare concept is changing…

Person FocusedPredictive & PreventingComprehensive & ParticipatingInformation Intensive

@lifesciac #lifesciac

… which opens new opportunities

INDUSTRYRESEARCH

HEALTHCARE

Innovation Collaboration

CostEfficiency

Business Growth


However there are still challenges…

INDUSTRYRESEARCH

HEALTHCARE


Path from research to commercial results is challenging

Young companies face difficulties in growing

… which need to be tackled


There is untappedinnovation and

business potential !

Introducing…




• Brings together the key Life Science actors in Turku

• Builds on strong local infrastructure and competencies in pharma&diagnostics research, services and industry

• Links with national and international partners to collaborate on innovation potential, competencies and resources

• Attracts international investors and industrial partners



Capitalizes on the commercial potential within

• University research

• University hospitals

• Young Life Science companies

• Spinouts from Life Science corporates

Focus on pharma, diagnostics and related areas!@lifesciac #lifesciac


Actively fosters innovations by • ENCOURAGING a commercial mindset

• MINING for ideas with innovation potential

• BOOSTING transition to commercial viability

• ACCELERATING growth of young companies


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INNOVATION POTENTIAL


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LIFE SCIENCE ACCELERATOR

INNOVATION POTENTIAL


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LIFE SCIENCE ACCELERATORMILESTONED, BUSINESS TARGETED PROJECT

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between Life Science actors in Finland and abroad

• Universities, university hospitals and industry

• Other accelerators and incubators

• Investors and other financiers

• External experts and service providers

Building on collaboration …


Signed expressions of interest• Orion Pharma

• Bayer

• PerkinElmer

• Biotie Therapies

• Forendo Pharma

• Misvik Biology

• DelsiTech

• Uppsala Innovation Center (Sweden)

Ongoing discussions• Karolinska Institutet Innovations AB (Sweden)

• VIB Bio-Accelerator Gent (Belgium)

• Utrecht Inc (Netherlands)

• Entrepreneurship Centre / Cambridge JudgeBusiness School (UK)

• Several major companies and investors

Building on collaboration …



- What’s in it for you?


WHO ARE WE INVITING?

• Scientists and Research groups

• University and Company spinouts

• Young Life Science companies

Also - experts, companies and other actors within our interest areasare welcome to join the mentor and collaboration network!


WHAT WE LOOK FOR?

Focus on • Pharma, diagnostics and related areas, including service concepts

• Projects at a proof-of-concept phase

• Young companies or companies to be established

Wellness, wearables, mobile apps etc are beyond our core scopebut we are happy to connect you with our collaborators!


WHAT WE OFFER?

A leap to a next level of commercial maturity & success• A systematic 6-12 months period with

business derived targets and milestones

• An assigned coach and mentors selected by needto guide you through the process

• A network with international contacts, top expertise, investors and companies


HOW TO GET ON BOARD?

• Preliminary scouting of ideas starts Q3’16

• First batch of approx. 5 projects start Q1’17

• Next batches of approx. 5 start Q3’17, Q4’17

• Applications can be submitted on a continuous basis

Check lifesci.ac for instructions how to apply!



Thank you!



Thank you!

Want to hear more? Come and talk with us or our partners!

HANNA TOMKAIlifesci.ac @lifesciac #lifesciac

life science accelerator, tom palenius

Health & Medicine