1) there is no early stage funding gap in the UK
2) this is a bit rich from the TTO that has a track record of offering UK spinouts some of the worst terms out there
OUI has probably incinerated more potential value than any other technology transfer office in the UK
Every UK university is in process of setting up a dedicated venture fund linked to its IP by overblowing ‘funding gap’.
Having captive funds is a bad deal for founders (no bidding) and a bad deal for LPs (no diversity) in those funds.
Dear @nytimes, for the nth time, there is NO Icarus, no overconfidence, no good guy flying close to Helios. There is NO Greek Tragedy. Stop the f***ck**g mythologizing.
The fellow, Sam Bankman-Fried, committed something called financial fraud.
Simply, fraud.
No it’s not.—————
“It’s like a Greek tragedy,” said John Donohue, a colleague who has attended Sunday dinners at the Bankman-Fried home. “The story of flying too close to the sun, and having your wings singed.”
nytimes.com/2022/12/12/techn…
IP101: Did you know that filing your patent is a time sensitive matter? You lose your rights to file for a patent in most countries outside of the US, if you publicly disclose your inventions prior to filing.
#MITTLO#IP101#didyouknow#FileForPatent#IntellectualProperty
Very proud of our team @closed_loop_med and our partners @QMUL for completion of this important study validating combination approach to blood pressure control. 👇🏼👇🏼👇🏼
Press Release: Completion of our clinical trial investigating how our precision medicine combination drug digital approach can enable patients to control their blood pressure and manage hypertension from home. bit.ly/3qLs5hZ
Well. This is spicy. Conservative MP Bob Seely makes the most of parliamentary privilege to name individual London lawyers working for Russian oligarchs and questions their morality.
“Mr Abramovich should no longer be able to own a football club in this country? We should be looking at seizing some of his assets including his 152 million pound home and make sure that other people that have Tier 1 visas like this are not engaged in malign activity in the UK.”
I love the biotech industry but there are certain areas where priorities are screwed up. Near term incentives are not aligned with what’s really important – making a difference for patients 1/n
Some said an open-world experience this immersive wasn’t possible. But it’s already here. And you don’t even need silly VR headsets.
Introducing, ✨Icelandverse✨
#icelandverse
Finally got around to reading this masterful work by the late David Swensen of the Yale endowment. Can’t recommend it highly enough and also to wonder what he would make of today’s investing environment.
@closed_loop_med secures £13m to advance personalised drug digital therapy (DTx) combination products to improve outcomes for patients and clinicians through precision dosing.
closedloopmedicine.com/close…