Swedish Biotech Industry

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Swedish Biotech Industry CONNECT
Sweden Orjan Isacson, CEO, CONNECT
Sweden BioSpain2004, November 29-30, 2004
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Swedish Biotech Clusters
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Brand names of global recognition

• The Nobel Price

• Karolinska Institutet

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The largest biotech industries in EuropeNumber
of companies
Note Figures apply to December 2000. Source
European Commission, Innovation and
competitiveness in European biotechnology, 2002
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Swedish biotech firms active throughout entire
value chain
Target identification
Clinical development
 
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Examples of unique Swedish databases

• In-patient care register
• Generation register
• Swedish twin register
• Extensive documentation of bipolar patients
• Hubin database (schizophrenia)
• Cancer register
• Tissue databanks

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Swedish biotech industry - key statistics

• Employment fulltime private sector, 2003
• Biotech 5,000
• Turnover private sector, 2002 (EUR m)
• Biotech 1,000
• Research development private sector,
• 2001 (RD spending/turnover)
• Biotech 17.1

• Largest life science companies
• in Sweden, 2003
• AstraZeneca (UK)
• Pfizer (US)
• Amersham Biosciences (UK)
• Gambro (Swedish)
• Fresenius Kabi (Germany)

Source Statistics Sweden and ISA, 2004
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High expenditure on RD2002, percent of GDP
Source IMD, 2004
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• ..but despite having
• one of the highest RD expenditures per capita
  in the world
• most new patent applications per capita in the
  world
• the highest number of scientific publications
  per capita
• Sweden has not been creating many new high-tech
• companies during the last 30 years
• That is why CONNECT in Sweden was started in 1998

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Mission
To link entrepreneurs with the financial,
technical and business development resources
they need in order to create and develop
knowledge-based companies.
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CONCEPT FOR CONNECT
Researchers/ Innovators
Organizations
Entrepreneurs
Entrepreneurs
CONNECT
Venture Capital
Service Providers
Industrial Companies
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CONNECT ACTIVITIES FOR GROWTH
LIFE CYCLE STAGE
Maturity
Take-off
Financial Forum Partnership Forum
Success
Business Angel Networks
Accelerator BootCamp
Survival
Springboard
Start
FUNDING STAGE
Seed Start-up Expansion
S2B
Pre-start

Publications
PUBs, Networking Meetings
Courses, Seminars
Best Spin-out Company from Universities
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NUMBER OF START-UP COMPANIES
1200
Accumulated
Vision (1998)
592
431
280
116
0
18
1998
2000
2008
Year
1999
2001
2002
2003
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CONNECT SWEDENS FIRST 6 YEARS

• Regional networks 8
• Regional offices 21
• Member companies 567
• Experienced people in the networks 2300
• Springboards (start-ups packaged) 592
• Financial Forums 11 (248
  companies)
• Biomedical Partnership Forums 4
  (118 companies)
• Publications for Entrepreneurs 13

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FINANCING
The CONNECT networks in Sweden are mainly
financed by fees for memberships and certain
activities and by sponsoring. CONNECT Sweden,
the umbrella organization, is financed by the
Swedish Industrial Development Fund and the
Confederation of Swedish Enterprise. No
Government money involved.
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RESULT FROM SPRINGBOARDS

• A total of 592 springboards have been completed
  at the end
• of 2003. Result
• Startups which have received seed money 225
  (38)
• (within one year)
• Total amount of capital received 113
  million
• Number of new employees 1080

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RESULT FROM FORUMS
Financial Forums Number of Swedish companies
207 Raised capital - 304 million Biomedical
Partnership Forums Number of Swedish companies
75 Raised capital - 196 million
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CONNECT Nordic

CONNECT Sweden (21 locations)
CONNECT Norway (5 locations)
CONNECT Estonia (2 locations)
CONNECT Latvia
CONNECT Denmark (4 locations)
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A few CONNECT companies.
Cella Vision Buyonet Dressmart Prosta
Lund Prover Technology Softline Svenska Test YoYo
Technologies ZoomOn Cureon Probi Absorber,
XCounter Bioinvent Angio Genetics Asta
Carotine Bacterium Melacure NeoPharma Sidec UmanGe
nomics Avancee NeruNova Biolight D-Flow Energy
Optikon Hapax Integrum Intermezzon LightUp
Technologies Multisoft Nanofactory Textile
Solutions Unicorn Got-A-Gene Lifline C
Vision Sinova Grozer Shopsense Expoplnet Chemel
Prolight Agaton Fitness Tullys
Coffee Swats Skolboken Fogo ToyCity Fodum Senate
n Active Care Clinitrac Clinical data Care On
Position Alpha Helix Anamar Medical CynerGene Ag
riSera BioGaía BioPhasia Carlsson Research Global
Genomics Personal Chemistry Q-Sense Tripep Vitrolo
fe Mando Brevas Spotfire Surgical
Science Innoventus Funplanet Addsystems Lazybee C
rest Computer Spectral DiscMap ProTender MsFreckl
es Stedman Dev. Per Mail SpaceMetrics Gohandy Blu
ice Research Satsafe Elink Right Position Solid
Entertainment Sifira Castella Media Addnature Tou
rism Planet ICE International Tacton Carasoft Cat
asis INID Bluesolid Comperio SnapSend Erri Startlo
op Ullmann Communications Consumer
Response Partitur Celgen Solutions Boldsoft
Silicide Feubic Avaris Combio Accuro
Immunolgy AngioGenetics MIP Technologies Spectrum
Medical Sciences Eutech Medical Micromuscle Sophio
n Innate Pharmaceuticals Heptahelix Aditus
Medical Athera Biotech Cambrex Arexis Biolipox Cur
onia Research AbSorber Karocell Tissue
Engineering Calluna Xenerate Cartella Alligator
Bioscience Genovis Bioett Tacton Optimobile Erysav
e Synergenix Interactive Speedpart Aquaily OptiQ R
adarteam Sweden Morphic Technologies Add-X
Biotech Ludesi Telenvironment Agency9 Sparetime Ze
eme Spiro Knut Cobolt LensWay Viking
Helicopter Printon NetOptic Fluido WoodONet Prolig
o Glucox Lipocore Holdings MCe Med Orexo Angiomete
r Hansa Medical Comfortzone Kronan
Trademark Linus MedCoat NordNav
Technologies Mitrion Ray Therapy
Scandinavia Sensimor SMM Medical Gatorhole Oncopep
tides Cobolt Bio-Innovation EasyChange
Micropos Medical Midorion Biotech Systems
Nanoxis Oiido Parans Daylight Pho2link Tendera Vas
asensor LipoPeptide GasOptics Sweden SLX
Hydralics CoolTool Micolo MceMed Vehco BioArtic
Neuroscience Ludesi Alfasensor Decuma
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www.connectsverige.se