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How to tackle the future financial challenges
in Personalised Medicine in Europe?
Dr Wouter Spek, Managing director EuroBioForum
24 April 2013 *EPEMED webinar
OVERVIEW webinar
• Introduction
– W. Spek & EuroBioForum
– Situation in Europe now
1. What is the role of funders?
2. What kind of financial incentives we need?
3. How can we achieve convergence
• Conclusions
– Live discussion
WOUTER SPEK
• PhD in biology
– Leiden University (NL) & University California, San Diego (USA)
• Some 20 years of experience (RDTI strategy & finance)
– Biotech > Genomics > Life Sciences > Pmed
• International
– FPs, COST, EUREKA, HTC (USA), BILAs (NL-FR)
– Advisor Dutch Ministry of Economic Affairs (FP5 & FP6)
• One of the founding fathers
– Netherlands Genomics Initiative
– ERA-NET on Plant Genomics
• Consultant since 2008
EuroBioForum
• Forum for research funders and performers
in Personalised Medicine in Europe
• Scout + Connect + Activate
– Annual Conferences – 2012, 2013, 2014
– Personalised Medicine Observatory
– Community development
– Satellite meetings for special interest groups
www.eurobioforum.eu
The European union or European diversity?
EUROPE now
• Fragmented
– Let a thousand flowers bloom!
• How to deal with the institutional barriers?
• Limited convergence & little incentives
• High level of public investments
• Weak communication & information systems
• Enough future-orientated?
Europe 2020: We need an integral chain
approach, bound by coordinated actions and strategic
agenda,
amongst all stakeholders at stake!
From mass funders to funders mess!
FUNDERS
• Public funders
– National (many per country)
– European Commission
• Private funders
– Banks, VCs
– Industry related
– Charities & foundations
• New breed funders
– Crowdfunding
– Prize competitions
How to align 1,000 projects to improve
r.o.i. and deliver better healthcare for all?
OVERVIEW partial
CONSIDER this
What kind of financial incentives we need?
FINANCIAL SCHEMES needed
• Fit & Match
• Horizon 2020
• Small is (also) beautiful
• WE NEED!
– The right instruments, for the right objective,
to deliver the right results!
from Financial Strategy to Financial Engineering
Take home messages
• Smart integration of finance
• Funding for convergence
• Small is (also) beautiful
• Information exchange is key
2nd Annual Conference:
A collaborative approach
27 – 28 May 2013, Munich, Germany
Join us and register online:
www.euobioforum.eu/2013
LIVE
DISCUSSION
Contact me directly
for further questions:
Wouter Spek
spek@eurobioforum.eu

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How to tackle the future financial challenges in Personalised Medicine in Europe?

  • 1. How to tackle the future financial challenges in Personalised Medicine in Europe? Dr Wouter Spek, Managing director EuroBioForum 24 April 2013 *EPEMED webinar
  • 2. OVERVIEW webinar • Introduction – W. Spek & EuroBioForum – Situation in Europe now 1. What is the role of funders? 2. What kind of financial incentives we need? 3. How can we achieve convergence • Conclusions – Live discussion
  • 3. WOUTER SPEK • PhD in biology – Leiden University (NL) & University California, San Diego (USA) • Some 20 years of experience (RDTI strategy & finance) – Biotech > Genomics > Life Sciences > Pmed • International – FPs, COST, EUREKA, HTC (USA), BILAs (NL-FR) – Advisor Dutch Ministry of Economic Affairs (FP5 & FP6) • One of the founding fathers – Netherlands Genomics Initiative – ERA-NET on Plant Genomics • Consultant since 2008
  • 4. EuroBioForum • Forum for research funders and performers in Personalised Medicine in Europe • Scout + Connect + Activate – Annual Conferences – 2012, 2013, 2014 – Personalised Medicine Observatory – Community development – Satellite meetings for special interest groups www.eurobioforum.eu
  • 5. The European union or European diversity?
  • 6. EUROPE now • Fragmented – Let a thousand flowers bloom! • How to deal with the institutional barriers? • Limited convergence & little incentives • High level of public investments • Weak communication & information systems • Enough future-orientated?
  • 7. Europe 2020: We need an integral chain approach, bound by coordinated actions and strategic agenda, amongst all stakeholders at stake!
  • 8. From mass funders to funders mess!
  • 9. FUNDERS • Public funders – National (many per country) – European Commission • Private funders – Banks, VCs – Industry related – Charities & foundations • New breed funders – Crowdfunding – Prize competitions
  • 10. How to align 1,000 projects to improve r.o.i. and deliver better healthcare for all?
  • 13. What kind of financial incentives we need?
  • 14. FINANCIAL SCHEMES needed • Fit & Match • Horizon 2020 • Small is (also) beautiful • WE NEED! – The right instruments, for the right objective, to deliver the right results!
  • 15. from Financial Strategy to Financial Engineering
  • 16. Take home messages • Smart integration of finance • Funding for convergence • Small is (also) beautiful • Information exchange is key
  • 17. 2nd Annual Conference: A collaborative approach 27 – 28 May 2013, Munich, Germany Join us and register online: www.euobioforum.eu/2013
  • 18. LIVE DISCUSSION Contact me directly for further questions: Wouter Spek spek@eurobioforum.eu