QUBIS Ltd Turning Research into Wealth

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www.qubis.co.uk
QUBIS Ltd - Turning Research into Wealth
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Presentation to Queens Research Staff

• Professor Peter McKie
• Chairman of QUBIS Ltd
• 28th February 2002

QUBIS Ltd - Turning Research into Wealth
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Objectives of QUBIS Ltd

• To commercialise Queens research using spin out
  companies
• Turn research into wealth
• Pull ideas form the laboratory into the market
  place
• Enhance Queens technology transfer

QUBIS Ltd - Turning Research into Wealth
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Organisation

• QUBIS Ltd is a company owned by Queens
  University Belfast
• Board of Directors from both the University and
  Industry
• Staff 3 executives and 3 support staff

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QUBIS Ltd Directors Professor P McKie CBE
Chairman Professor Sir G S Bain Mr E Cartin
Chief Executive Professor R J Crawford Dr J G
Doherty Mr F S Graham Professor B W Hogg Mr A S
Hopkins CBE Dr B Keating Mr R D Kells OBE Mr J P
J OKane Mr B O Templeton Professor D Woolfson
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University Challenge Fund

• QUBIS Ltd and UUtech Ltd provide the Fund
  Manager and investment Executives
• QUBIS Ltd will frequently have a shareholding to
  reflect Queens IPR and University Challenge Fund
  will have a shareholding to reflect its cash
  investment

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Investment Process

• Project Identification
• Venture Partners
• Shareholding Policies
• Practical Assistance

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Project Identification

• Market
• Missionary or Champion
• Management
• Growth Potential
• Margin

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Venture Partners

• Corporate Venturing
• Venture Capital

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Shareholding Policies

• Staff Invest
• Equity Funding for Start ups rather than loans
• Long Term outlook

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Practical Assistance

• Financial Expertise
• Campus Premises
• Non Executive Directors
• Existing Network of technology companies selling
  worldwide

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Portfolio

• 31 High Tech Start ups
• 5 Divested
• 26 Current Shareholdings

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Current Shareholdings

• MarEnCo Ltd
• Kainos Software Ltd
• Lumichem Ltd
• Andor Technology Ltd
• Amphion Semiconductor Ltd
• Rotosystems Ltd
• Hughes McLeod Ltd
• Osprey Environmental Ltd
• Biocolor Ltd
• Amacis Ltd
• Meridio Ltd

• Lagan Technologies Ltd
• Acheck Ltd
• Dreamtime Internet Ltd
• G.Scope Ltd
• Xiomateria Ltd
• Carapacics Ltd
• Avalon Instruments Ltd
• StreamOn.net Ltd
• Turbine Developments NI Ltd
• Fusion Antibodies Ltd
• Questor Technologies Ltd
• Avalon Technology
• Vinifer Ltd

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Sectors

• Software
• Electronics
• Biotechnology
• Physics and Chemistry
• Engineering

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Amphion products include

Professor John McCanny Dr JG Doherty
Electronic Engineering
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Biocolors Assay Kits are used by every major
pharmaceutical company in the world

• Citations over 60 in leading journals
• E.g.
• Brown, A.N. Kim, B.S. Alsberg, E. Mooney,
  D.J.       2000  
• Combining Chondrocytes and Smooth Muscle Cells to
  Engineer Hybrid Soft Tissue Constructs
• Tissue Engineering 6, (Number 4), 297-305
• David E. Joyce, Larry Gelbert, Angelina Ciaccia,
  Brad DeHoff, and Brian .Grinnell  2001 
• Gene Expression Profile of Antithrombotic Protein
  C Defines New Mechanisms Modulating Inflammation
  and ApoptosisJ. Biol. Chem. 2001 276
  11199-11203.
• Dr Roy Elliot Biology and Biochemistry

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Low light measurement
After several moves around the Physics department
Andor accommodates its 70 staff in Springvale
Business park
Andors Imaging CCDs are designed with scientific
imaging in mind and can be easily integrated into
a wide range of industrial and scientific
processes
Dr Tom Morrow Dr Hugh Cormican Dr Donal Denvir
Physics
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Realtime Solutions U.K

• to improve the way Universities and Colleges
  plan and manage the space they need
• Dr Barry McCollum Dr Paul McMullan Computer
  Science

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Achievements to Date

• 31 Spin Outs
• Transfer of Technology
• Won 27 DTI Innovation Awards
• Campus based Science Park
• Successful UCF Bid
• Relevance of QUB Research
• Employment approx 660
• Turnover Approx 34m

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Turnover Growth in the QUBIS Ltd Companies
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Rewards of a Spin Out Company

• Profile and publicity for your technology
• Access to funds for technology development (but
  rarely for research)
• Directors fees (eventually)
• A valuable shareholding

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Criteria for setting up the business

• Strong evidence of a market
• Evidence of access to that market
• Financial viability
• Feasibility of attracting the required financial
  and people resources etc

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The QUBIS Ltd Investment

• Invests University IPR
• Cash
• Time
• Provides Access to services and property

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Determining Shareholdings

• The University IPR
• Staff members contribution to that IPR
• Cash investments by the parties
• Role of other investors and their inputs

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Summary

• QUBIS Ltd aims to create wealth for QUB and its
  partners, through focussed investment over the
  long term, in commercial ventures based on QUB
  technology

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Next Step

• The next step is to discuss your project with a
  QUBIS Ltd Executive
• Together you can investigate the viability of the
  project
• Contact Edward Cartin, Dr Pat McComiskey or
  David Moore
• Tel [phone] or internal extension 4166
• Email edward_at_qubis.co.uk

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Contact Edward Cartin www.qubis.co.uk
QUBIS Ltd - Turning Research into Wealth
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Panel Members

• Queens Staff who have already been involved in
  spin-outs
• Dr Stephen Bell Chemistry- Avalon Technology
  Ltd
• Dr JG Doherty- Electronic Engineering Amphion
  Semiconductor Ltd
• Dr Roy Elliott Biology Biochemistry
  Biocolor Ltd
• Professor John McCanny - Electronic
  Engineering-Amphion Semiconductor Ltd -Audio
  Processing Technology Ltd
• Dr Tom Morrow- Physics- Andor Technology
• Professor Roy Crawford - Mechanical Engineering-
  Rotosystems Ltd