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Making money and discovering new medicines

26 November 2010

Professor Sir Chris Evans OBEProfessor Sir Chris Evans OBE

Three of the pharmaceutical industry’s leading names are coming to Cardiff to share expertise in turning scientific breakthroughs into successful business ventures.

The event, Making Money and Discovering New Medicines, takes place in January. It is aimed at established researchers, PhDs and anyone with an interest in scientific entrepreneurship.

The three speakers are:

Professor Sir Chris Evans OBE: Sir Chris and his Excalibur team have built from scratch over 40 life sciences companies which, at their peak, were worth over £3bn in value and developed over 200 new medical projects. Some 20 businesses have been quoted on five different stock exchanges. Excalibur manages €450m of European Funds.

Professor Chris WoodProfessor Chris Wood

Professor Chris Wood: Former founder of Bioenvision Inc which developed a new agent to treat leukaemia. The company was acquired by a major bio-pharmaceutical company. Professor Wood is also chairman of a new investment fund in the technology and life sciences sector.

Dr Timothy McCarthy: Senior Director and Head of Clinical Imaging and Technologies, Molecular Medicine, Pfizer. An organic chemist by training, Dr McCarthy has experience in both the academic and industrial worlds before his present post with one of the world’s leading pharmaceutical companies.

The event has been funded by the Engineering and Physical Sciences Research Council as part of a drive to increase interest in entrepreneurship in the academic community. It is organised by Professor Chris McGuigan, School of Pharmacy, who himself has a strong track record in commercial drug development. Two of his products, acting against HCV and shingles, are in advanced stages of their trials.

Dr Timothy McCarthyDr Timothy McCarthy

Professor McGuigan said: "These are some of the biggest names in pharmaceutical development. Professor Chris Wood started out with just a few dollars and has built a highly successful international business. Professor Sir Chris Evans has been involved in around 200 business spin-outs over the course of his career. They have a wealth of experience in the commercial development of scientific ideas and their views should be of interest to anyone with entrepreneurial ambitions."

The event takes place on January 20th from 2pm, with a free buffet lunch beforehand. Free registration is by contacting Professor McGuigan at the Welsh School of Pharmacy on or 029 208 74537.