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BRIDGING THE GAP BETWEEN DISCOVERY AND COMMERCIALISATION: a charity’s perspective
Victoria Taylor – Research Translation Advisor
♥ Research spend of approx. £100m a year
♥ Traditionally hypothesis-driven basic research
♥ Now have a Translational Award to support development of innovative medicines and treatments
Who are we?
Why is BHF supporting translational research?
Discovery research
Pre-clinical development
Clinical development
Approval and market
Industry Academia
Industry Funding gapAcademia
Traditionally:
Now:
♥ Significant clinical unmet needs remain ♥ BHF now playing a key role to support early stage CV innovation
BHF Translational Award
The BHF now has:
♥ A new Translational Award
♥ A Translational Advisory Group
How did we get there?
♥ We did our own due diligence
♥ Sought advice from experts
♥ Found our niche
Aim: to de-risk projects so they attract further investment:
Basic research
Pre-clinical development
Clinical dev.
♥ We want to ensure projects we fund continue along the development pathway (e.g. further charitable funding, industry investment)
Experts help us select and shape projects:
Translational Award Advisory
Group Scientific and
clinical experts
♥ Key to our process: Flexibility, support, mentorship
Application tips:
♥ Target validation and clinical relevance
♥ Think beyond project you want funding for – what does your proof of concept clinical trial look like? Have you spoken to the regulatory agencies?
♥ Would it make sense to outsource some of the work?
♥ Competitive advantage (proof of relevance)
Project examples:
♥ Changing clinical end-points♥ Fund regulatory consultant and FDA meeting to understand if
development plan is sensible
♥ Lead optimisation of a small molecule ♥ Outsource work and hire a project manager
Often the science is not the hurdle…
♥ 20 outlines 9 invited to full application so far made 4 awards
Next steps.. more than just a funding scheme:
♥ Engaging with industry and involving them early on in the process
♥ Education workshops for academics ♥ Mind-set change
BHF
Academia
Industry
VC
Clinicians
Patients
Charities
BHF can be a cardiovascular hub for: