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Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011- 2015 Zahid Latif Head of Healthcare Mark Glover 12 th January 2011

Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

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Page 1: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

Concept to Commercialisation

A strategy for business innovation, 2011-2015

Zahid LatifHead of Healthcare

Mark Glover12th January 2011

Page 2: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

Medicines and Healthcare activities

Assisted Living Innovation Platform

Detection and Identification of Infectious Agents Innovation Platform

Stratified Medicine Innovation Platform

Regenerative Medicine

Biomedical Catalyst

Page 3: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

Delivery mechanisms - Competitions

• Consortium Investment– “normal” 2-stage– “fast track” 1-stage– feasibility first stage– 2-stage with consortium building workshop/Grand Challenge

– sandpit first stage

• Single Company Investment– Knowledge Transfer Partnership– Grant for Research and Development– Feasibility studies leading to Collaboration Nation– LaunchPad– SBRI

Page 4: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

Delivery mechanisms - Activities• Knowledge Transfer Networks

– Networks within communities with similar skills or goals, where knowledge about needs and capabilities can be exchanged

• Missions– Opportunities for fast-growing technology companies in the UK

to explore opportunities for growth with key investors, potential partners and customers, media and other overseas stakeholders

• Centres– Provide a single point of access to world leading research

capability• a critical mass of knowledge and skilled personnel• access to expensive or fast evolving capital equipment

Page 5: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Assisted Living: How everything fits together...

Preventative Technology Grant (PTG)

Whole System Demonstrator (WSD)

{clinical evidence}

Assisted Living Innovation Platform (ALIP)

{technology development}

d elivering a ssisted l iving l ifestyles a t s cale{next stage of evidence with

even more

users}

2009 2010 2011 201220082006 2007

3ml

Page 6: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

dallas overview

• 4 communities reaching 169,000 people– the tipping point for going to scale– not an end in themselves... a legacy must be left!

• Wellbeing, and top quality health and care• including a preventative approach

• integrate products, services and systems to:– enable people to live independently for longer – improve quality of life– create a vibrant and diverse commercial landscape

• Investing £37.3m over 3 years (£19.6m from us)

Page 7: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

Stratified Medicines is about delivering the right treatment, to the right patient, at the right dose,

at the right time.

Stratified Medicine Innovation Platform“accelerating stratified medicines in the UK”

Page 8: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

A partnership of 7 public and charity sector organisations

• Technology Strategy Board• DH England & Wales• Scottish Government Health Directorate• MRC• CRUK• ARUK• NICE

Page 9: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

The Detection and Identification ofInfectious Agents Innovation Platform

• Aims to:– create business opportunity and wealth in the

UK– encourage the development and adoption of

commercially viable diagnostic devices– reduce the mortality, morbidity and economic

burden due to infectious agents in humans and animals

• Focused on point-of-care diagnostics• Supports Department of Health and Defra

priorities

Page 10: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

Regenerative medicine programme

• replaces or regenerates human cells, tissues or organs to restore or establish normal function.

• partnership with MRC, BBSRC and EPSRC• Programme of activities to be funded in:

– Product development and validation– Tools and Technologies challenge– Value systems and Business models

Page 11: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

Aims of the programme:

• Underpin and enable the best regenerative medicine businesses to flourish in the UK

• Build a connected regenerative medicine community through the formation of well-linked programmes of work and activities to develop medicines and technology platforms

Page 12: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

• Joint Technology Strategy Board and Medical Research Council programme investing £180m over 3 years

• Deliver growth to the UK life sciences sector through supporting and driving the development of innovative life sciences products and services

• Supporting both academically- and commercially-led research and development and encouraging partnership between clinicians, academics and industry

• Moving innovative life sciences products and services quicker and more effectively to commercialisation – and ultimately healthcare impact

Page 13: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Catapult Centres

Business-focused centres that make world-leading technical capability available to businesses to solve their technical challenges

Provides -

• Access to world-leading technology & expertise

• Reach into the knowledge base for world-leading science

• Capability to undertake collaborative R&D projects and contract research with business

• Strongly business focused with a professional delivery ethos

• Critical mass of activity creating a focal point

• Skills development at all levels

13

Page 14: Driving Innovation Concept to Commercialisation A strategy for business innovation, 2011-2015 Zahid Latif Head of Healthcare Mark Glover 12 th January

Driving Innovation

www.innovateuk.org

e: [email protected]: +44 7824 599692

tw: zahid_latif_tsb