In this week’s update: BIA CEO and Investor Forum, what the party manifestos mean for the sector, BIA finance report published and Summer Networking Reception details.

It was great to catch up with so many of you at the CEO and Investor Forum in Oxford last week. There were fascinating panels looking at investment from the East and how UK biotech can attract this funding, exploring the changes taking place under Trump in the USA and hearing from CEOs and the finance community about how we can continue to grow the sector here in the UK. Our lifetime achievement award winner, Kate Bingham also took part in an excellent fireside chat before the dinner on the first evening to share her views on the sector and the challenges for 2017. There were some fantastic company presentations from BIA members  that demonstrated the wealth of cutting edge biotech taking place here in the UK and offered investors some exciting opportunities to get further involved with the sector. If you attended the day then please fill in the feedback form to let us know what you thought of the day so we can make sure that we tailor this event to suit your needs.  We will be covering some of the key themes from the day on the BIA blog over the coming weeks.

On Wednesday, at the Forum, we launched our finance report Building something great: UK’s Global Bioscience Cluster 2016, which demonstrates that the UK is on track to build the world’s third global biotech cluster. The report also shows that the UK maintained its strong leadership position in European biotech funding in 2016 and has the strongest pipeline for future drug development in Europe. These achievements are thanks to the excellent science produced by our entrepreneurial and resilient community that is staffed by great management teams with the capability to tackle the challenges of working in a global environment. We will be working with our data partner Informa to update the statistics on a quarterly basis so we can share a more current snapshot of biotech financing with members and we’ll keep you posted on when the next update will be due.

The Conservative, Labour and Liberal Democrat Parties have now published their manifestos for the upcoming General Election. I’m pleased to see that our campaigning as an industry is having real impact, with all three parties committed to furthering UK science innovation. The parties also pledged to continue or increase investment in the sector and to increase NHS funding. For more detail, you can read our policy team’s blog on the manifestos and what they mean for the life sciences.

On 6 July, we’ll be hosting our Summer Networking Reception in London. The reception will provide an excellent opportunity to unwind and network following our Parliament Day event at Westminster. Join us on the roof-top terrace at the IET Savoy Place for stunning views, great company and excellent food. I hope to see you there.

Best,

Steve