Scientific director Daan Crommelin agrees. “The main conclusions of the 2010 Midterm Review were positive: Top Institute Pharma has an excellent portfolio, is attracting new, international investments, and is internationally a best practice of the public-private partnership. We are working hard to continue these results. So in 2010 we continued our successful activities like our courses, which are partly aimed at increasing industrial awareness in the academic world.”
“However,” Crommelin continues, “we also met with some turbulence in 2010. We were very busy spinning out new companies and infrastructures like the databanks. Some projects came to an end and new challenges emerged. At the same time, we had to reconsider the way we could create the financial means to continue existing projects and start new ones.”
“With the 6 million euros in bridge financing that we received in 2010, we were able to open a value creation call at the start of 2011,” says Crommelin. “This aims to give strong projects that extra boost towards creating value. With this, we hope to improve the chances that pharmaceutical products can be developed and then continue on their own. There are even a few projects that have already come this far.”
In 2010, the joint call, a cooperation with the top institutes Center for Translational Molecular Medicine (CTMM) and BioMedical Materials (BMM), made sure that 7 innovative projects in Image Guided and Targeted Drug Delivery were eligible for financing.