1) there is no early stage funding gap in the UK
2) this is a bit rich from the TTO that has a track record of offering UK spinouts some of the worst terms out there
OUI has probably incinerated more potential value than any other technology transfer office in the UK
@MacfarlaneJamie Every UK university is in process of setting up a dedicated venture fund linked to its IP by overblowing ‘funding gap’.
Having captive funds is a bad deal for founders (no bidding) and a bad deal for LPs (no diversity) in those funds.
Dear @nytimes, for the nth time, there is NO Icarus, no overconfidence, no good guy flying close to Helios. There is NO Greek Tragedy. Stop the f***ck**g mythologizing.
The fellow, Sam Bankman-Fried, committed something called financial fraud.
Simply, fraud.
@basil_monkey And I think that last paragraph is the most important one. Great businesses and teams will still get funding. Just might have to work a little harder to get it. Not a bad thing imo.
Very proud of our team @closed_loop_med and our partners @QMUL for completion of this important study validating combination approach to blood pressure control. 👇🏼👇🏼👇🏼
Well. This is spicy. Conservative MP Bob Seely makes the most of parliamentary privilege to name individual London lawyers working for Russian oligarchs and questions their morality.
“Mr Abramovich should no longer be able to own a football club in this country? We should be looking at seizing some of his assets including his 152 million pound home and make sure that other people that have Tier 1 visas like this are not engaged in malign activity in the UK.”
I love the biotech industry but there are certain areas where priorities are screwed up. Near term incentives are not aligned with what’s really important – making a difference for patients 1/n
Some said an open-world experience this immersive wasn’t possible. But it’s already here. And you don’t even need silly VR headsets.
Introducing, ✨Icelandverse✨
#icelandverse