Focusing on current issues in Life Sciences, BioFIT 2016’s conference programme promises a varied and rich agenda, featuring the latest opinions on trending topics.
Supported by its prestigious Steering Committee, the sessions will focus on three themes:
• Showcasing best practices in collaborative research
• Highlighting key issues in licensing and tech transfer
• Discussing early stage innovation funding
Scheduled on 30th November from 11.30 am to 12.00 am, followed by a panel discussion on Is Europe competitive enough in life sciences innovation.
Description will be available soon. Session held on 30th November from 11.00am to 1.00 pm
BEST PRACTICES IN COLLABORATIVE RESEARCH
The recent rising popularity of the open innovation model has led pharmas, biotechs and academia to consider this as a win-win opportunity. Many types of partnerships have been developed and tested to analyze their strengths and weaknesses and how they advance innovation. We will debate the potential of this exciting, emerging model in cross sector collaborations as a new driver for rapid market access.
” Recent developments such as mobile health devices and big data are transforming the way we translate medical advances into new medicines. This track highlights how academia and industry are taking a more open and networked collaboration approach to improve the quality and richness of biomedical research. ”
Corporate Vice-President, Global Research Networking, Boehringer Ingelheim (Germany)
- Could standardized conditions be implemented by default in collaboration contracts?
- How would these contract-types be applied to the life sciences sector
- How will they influence the deal-making process: will it be a challenge or an opportunity?
Session held on 1st December from 4.00pm to 5.00 pm
- Hear from industry and VC accelerators
- Testimony from 1-2 previously incubated/supported companies
Session held on 1st December from 9.30am to 11.00am
KEY ISSUES IN LICENSING AND TECH TRANSFER
While academia aims to highlight knowledge and innovation, industry’s goal is to leverage this expertise and bring it to market. However, when an innovation appears from academia as a spin off or as a transferred license, many IP, due diligence, management and financing challenges arise. This track will discuss the processes and models available and the consequences on translational research.
“Pharma and biotech are looking increasingly towards academia for open innovation, explorative research and early stage discovery. But is academia prepared? Are the appropriate models and mechanisms in place to professionalise licensing and facilitate technology transfer? What about spin-outs and start-ups? Are the initial terms reasonable or a kiss of death? This track will challenge the current status of academic – industry relations. “
Chief Operating Officer, Max Planck Institute of Molecular Cell Biology and Genetics (Germany)
Coming from a joint initiative of Cabinet Beau de Loménie and De Gaulle Fleurance et Associés, BioFIT will consequently feature a workshop entitled “Could your innovations be protected efficiently by tools other than patents ? What about regulatory data protection, trade secret, blockchain & smart contracts?” on the afternoon of November 30th, at 4.30pm, in Matisse room. For an hour and a half, a panel of experts amongst whom Nicolas Marro, Patent Attorney at Beau de Loménie and Cécile Théard-Jallu, Partner at De Gaulle Fleurance et Associés, will share their expertise. This roundtable with legal, scientific and entrepreneurial experts in the Life Sciences sector aims at highlighting the best practices in the implementation of a strategic approach to the company's IP and understanding the various means & protections solution: are secrecy, data exclusivity, blockchain & smart contracts playing in the same league as patents? What can we learn from the new European commission directive on trade secrets? What is new for the Life Sciences actors in the EU General Data Protection Regulation? How are the blockchain and smart contracts implemented in IP protection? These are the questions that the panel will answer in the first part of the Workshop, enabling the audience to better understand these concepts. It is possible to compare the solutions to optimize asset protection, and through the presentation and explanation of these different tools, our experts are committed to bring out best practices in IP protection and raise more subversive questions: Are patents the Holy Grail of IP protection? Are smart contracts tomorrow’s solution for legal directions? Are we facing a war of worlds? No matter what the answers, it is crucial to understand the roles and complementarities of the weapons available in the legal gear, to protect our products and understand the future of legal protection. The panel discussion will be followed by an exchange exclusively dedicated to Question & Answer with the floor; during which Nicolas Marro and Cécile Théard-Jallu alongside fellow experts, will have the pleasure to answers your questions and address your concerns. Prepare your questions and come on November 30th at 4.30pm in Matisse room to ask the experts, who are readier than ever to discuss the tricks of the trade!
- Some researchers can become successful entrepreneurs, but often, an external CEO is brought into the company
- Are there successful models or mechanisms to help CEOs to create a wining scientific team?
- The importance/ role of the CEO to lead the company and face market and business challenges
Session held on 30th November from 2.30 pm to 4.00pm
- How does a university decide to what extent it gets involved with a spin-off?
- How do universities handle IP transfer and POC funding?
- How should we separate the responsibilities of business and university employees?
Session held on 1st December from 11.30am to 1.00pm
- How should TTOs choose between out licensing the IP, creating a spinoff or a contract-based R&D collaboration?
- What translation efforts don't fit into this classical TTO model?
Session held on 1st December from 2.30pm to 4.00 pm
EARLY STAGE INNOVATION: IDENTIFY THE RIGHT SOURCES of FUNDING
In a difficult economic climate, in which investors prefer to fund later stage companies, finding financial resources to progress your early stage project is challenging. In this track, we will discuss how VCs assess risk, non-traditional funding mechanisms available to finance early stage innovation and what a young biotech should do in order to attract investors.
“It is critical to find funding for early stage innovation and it is challenging to know what sources are available. Funding in the future will most certainly evolve. What will the trends be? It is therefore important to hear about inspirational ideas regarding different solutions in the US and Europe.”
Vice President Operations, Karolinska Development (Sweden)
- New trends are being seen as European academic research centres start to invest in better supporting early stage projects (from the pre-maturation phase to the potential creation of an academic start-up)
- New models such as pharma funds are being developed in partnership with universities in order to finance POC projects (e.g. the recent Apollo Therapeutic Funds)
Session held on 30th November from 9.30 am to 11.00 am
- Bio entrepreneur testimonials about their initial expectations and lessons learned
- Challenges encountered in the first years and how they overcame them
- The impact of external influence ( TTOs, incubators, etc.) on the evolution of the company
Session held on 30th November from 4.45pm to 6.30pm
- How former successful entrepreneurs stay active in the life sciences industry? How can they contribute to the growth of young companies? Advice or/and capital?
- How to attract the attention of experienced entrepreneurs?
Session held on 30th November from 4.45pm to 6.30pm
- Many initiatives are being seen at national levels in Europe to improve seed capital access, but does this exist at a European level?
- How to support the creation of a European seed capital market in order to finance research translation from academia?
Session held on 30th November from 2.30 pm to 4.00 pm
Description will soon be available
Session held on 1st December from 11.30 am to 1.00 pm