WIRED Biosciences Institute Public Private Partnerships

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WIRED Biosciences Institute Public Private
Partnerships
February 5, 2008
Bill Dean WFUHS/PTRP
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Innovation Ecosystem

• Public Private Partnerships are key to US
  Competitiveness, Innovation and Economic
  Development for an innovation ecosystem.

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The Unprecedented Opportunity

• Turning Scientific Ideas into Business
  Enterprises. . . . . .

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Partnerships, Collaborations,
and Alliances

• Partnerships, collaborations, and alliances
  are necessary to build the environment, culture,
  and infrastructure to take innovation to the
  marketplace. These partnerships will produce
• Capital and Investment
• Education
• World-class Research
• Training
• Entrepreneurial Culture
• Leadership
• Networks to transfer-share knowledge (person to
  person, firm to firm)

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How does University, Industry, and Community
Benefit from Partnerships?

• Universities benefit from financial support and
  focused, highly capitalized industry research.
  (Centers of Excellence are created)
• Industry benefits from collaborative discoveries
  and expertise of academia (Fast entry to new
  markets, key to new discoveries, concentration on
  core activities)
• Thus, communities benefit from jobs, income,
  education and new wealth creation. (Improved
  quality of life, new image)

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What has led to the trend in University-based
partnerships in Economic Development?

• The economic shift of business and local
  economies relying on new ideas to build
  competitive products for a global marketplace has
  placed great value on university research and
  technology transfer.
• Business trends, have and will, continue to
  be built on new technology. To be effective,
  both the private and public sectors must create
  todays new environment.

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University Economic Development

• Wake Forest University made an early commitment
  to its role in Economic Development to generate
  economic and societal benefit that brings value
  to both industry and academia. This is being
  accomplished through PTRP.

Business-Industry

• Value
• Jobs
• Wages
• Taxes
• Profits
• Capital

Education
Research
Strategic Relationships
Shaping a pathway where science and business work
together.
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Global Competition

• Communities around the world are developing
  Research Parks, Technology Parks, Innovation
  Centers, and Incubators with a mission and
  strategy that brings public private
  partnerships together to advance innovation and
  economic development.

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Research Parks

• Research Parks / Science Technology Parks are 
• Intended to serve as a seedbed or catalyst
  for the development of a cluster of innovative
  and technology oriented business enterprises in a
  region or state.
• An environment that fosters technology,
  innovation and commercialization.
• A place that creates a community of knowledge
  where scientists from universities and those from
  industry can collaborate, invent new technology,
  and market it.
• Todays research parks foster university-industry
  relationships.

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CommunityBusiness AcademiaPartnerships.
Collaboration. Networks. Economic Development.
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Developing a BioEconomy . . . Assets needed to
be competitive

• Strong scientific base
• Technology Transfer Commercialization . . .
  Lab to Market. . . Bench to Bedside
• Human capital. . . Lab Techs to Management
• Capital / Finance
• Business Climate . . . Entrepreneurial
• Good Regulatory Environment
• Physical Infrastructure . . . competitive
  clusters

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University Research and DiscoveryBench to Bedside
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Critical Linkages and Process between
Discovery and Commercialization. . . Life Sciences
BENCH
BEDSIDE
Process
Discovery
Technology Transfer
Incubation-Acceleration
Commercialization
I III
I I I I
Match IP to Industry
Emerging Growth Stage
?
?
?
?
Faculty-Students Institutes Office of
Research Federal Labs Scientific Meetings
OTAM Legal Business School (Bio for
Business) Law School
Babcock Incubator Wet Lab LaunchPad Office of
Entrepreneurship NanoMed Accelerator Med Device
Accelerator GMP Facility
Research Park - RE Tenants Marketing -
Branding Recruitment - ED Development Office
WFU
?
?
II II
?
I I I I
?
Govt Funds Private Funds Sponsored Research
Pre-Seed Funds Boot Camps IMAF SBIR PAN
NCBC
Seed Funds NCBC Grants SBIR - STTR
Venture Capital Banks IPO
Funding
GAP
Leverage Federal, State, Regional and Local
Resources. Shared Support, Multi-Tenant
Buildings, Labs, Workforce Training, Executive
Recruitment.
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North Carolinas Largest Urban Life Sciences Park
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PTRP ExpansionThe Master Plan

• Developed by
• 200 acres
• Districts Identified for Interaction Development
• Protective Covenants and Development Zone
• 5.7 Million Gross Square Feet
• Potential Development

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Capital Projects

• Public and Private Partnerships Build
  Infrastructure
• Land Acquisitions
• Roads and Transportation
• Utilities
• Communications Fiber
• Environmental
• Storm Water Management
• Creek Restoration

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PTRP Facilities
Albert Hall

• 554,011 sq. ft.
• offices
• wet labs
• meeting space
• condominiums
• Executive-suite setting
  
  short-term offices
• Generic ready to occupy office/lab suiteearly
  stage
• Multi-tenant build to suit suites for expansion
  stage companies
• Sitesbuilding development for larger single
  user tenant facilities

Victoria Hall
20 custom residential condos
One Tech Place
Richard H. Dean Biomedical Research Bldg.
A1A support building for new facility 30,000 sq.
ft. 3rd Street
PTCRC-Community Research Center
Future Development
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PTRP Technology Activity

• Medical and biomedical studies include advanced
  research in cancer, kidney dialysis,
  neuroscience, nanotechnology, tissue engineering,
  structural biology, nutrition, aging, substance
  abuse and imaging.
• Information technology companies work with
  computer networks, software development, and
  information consulting for financial services,
  life science and healthcare.
• Business support services provide healthcare
  information, enterprise management assistance,
  seed capital, corporate communications and design
  work.

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Core Research Capabilities

• Clinical Trial Design and Oversight
• Public Health SciencesBiostatistical Sciences
• Biomolecular Imaging
• Structural Biology
• Tissue EngineeringRegenerative Medicine
• Nanotechnology
• Non-Human Primate Models
• Transgenic Mice Development
• Biomedical Engineering

Research Activity 2007

• Inventions Disclosed 59
• US Patents Issued 8
• New Patents Filed 28
• Options/License Agreements 13
• Start-up Companies Created 4
• Licensing Revenues 71 million

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PTRP Tenant Population

• 41 tenants (private companies / university
  departments)
• 356 corporate personnel
• 468 university faculty, staff students
• 844 Total population

Global Population 5 of 7 Continents
25 Countries

China Spain
India England
Japan Russia
Ukraine

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Wet Lab Launch Pad University Private Sector
Public Sector
1st Floor Space Available Suite 1 Office
Storage 3,601.7 sf Rentable 2,163.1 sf
Usable Suite 3 Office Storage 4,608 sf
Rentable 3,309 sf Usable Suite 4 Wet Labs Wet
Lab LaunchPad-3 labs Lab 1 1,336 actual sq.
ft. Lab 2 1, 279 actual sq. ft. Lab 3 1, 036
actual sq. ft. Common Area 1, 244 sq. ft.
Richard H. Dean Biomedical Research Bldg.
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Wet Lab LaunchPad
Concept Team
The PTRP Wet Lab LaunchPad is a highly designed
space that includes three individual labs and
accompanying office space. Each furnished suite
features a prep area open lab with island wall
benches mobile and adjustable lab equipment two
offices and storage area with shelving. A shared
conference room and break area is an added
benefit. The WetLab LaunchPad is a
community-led effort that truly reflects both the
mission and direction for PTRP.
Delivery Team
AMP
Kewaunee
ARC One
Kirkland,
Inc.
Armstrong Resource Flooring L.
Fishman, Inc.
Carolina Business Interiors
Luwa City
of Winston-Salem Mannington
Crown Lifts
Net
Unlimited
DataMax
R.L. Vanstory
Duke Energy
Salem Electric
Environmental Air Systems Sears
Ferguson
Shaw

Gallagher-Stone
Sherwin-Williams
Graybar Electric
Sloop
Hahn Mason Inc.
Snead Paint Company
Hales
Insulation Stantec

Interior Enterprizes
Storr Office Environment
Johnson Controls Inc.
Sunland Fire Protection
Johnsonite
The Phoenix
Agency Johnson Modern Electric
WFU Health Sciences
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A Part of North Carolinas Innovation Community
NC Research Campus
Jobs Across North Carolina.
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Piedmont Triad Research ParkWinston-Salem, North
Carolina
Where Innovation Lives