QUERCUS


MANAGEMENT
 


SERVICES  PROVIDED  INCLUDE:

EVALUATION

An expert assessment of a young (or expanding) company's position is essential in reaching an informed decision about its prospects and funding requirements - in particular, it is vital that the risks the company faces are clearly identified and that a suitable strategy is formulated for minimising and managing these risks. Quercus can provide an analysis of technology, intellectual property, competition, management and commercialisation strategy, as required. This exercise may involve a critique of information supplied, or detailed due diligence. The focus is often on identifying gaps in the company's resources and analysing how these may be filled.


DOCUMENTATION

Documents of the highest quality are important to companies and to their advisers, from launch to flotation and beyond. Firstly, they provide the essential information for taking internal decisions; secondly, they assist the process of external assessment - for example, in deciding to invest in a company; and finally, certain documents must be prepared in a prescribed format to support submissions to regulatory authorities. Members of the Quercus organisation have experience in preparing a wide range of such documents and can assist in the preparation of business plans and presentations for the company, clinical trial documentation and regulatory submissions, and expert reports for advisers and investors.


FUNDRAISING AND MANAGEMENT

The European biotech sector has excellent science but lacks experienced management. Quercus has extensive management experience - over 60 years between the core members alone. Other companies in the network bring in even more, providing access to expertise in human resources, accountancy, legal services, publishing and other specialist areas. Whether the need is for consultancy, interim management, executive (or non-exec) search or corporate rescue, it may not be necessary to hire the staff in-house, at least in the short-term - Quercus can provide the resources.

It may seem odd to cover the subjects of fundraising and management under one heading, but one often depends on the other. Fundraising is difficult without experienced management, and recruiting management is difficult without having funding in place. Quercus has links with several organisations and individuals with an extensive track record of funding successful biotech companies. The Quercus network can also assist in recruitment at all levels, including Board appointments (both executive and non-exec). Interim managers, either part-time or full-time, can be provided when necessary.


R&D AND IP REVIEW

Early-stage biotech companies need an objective, well-informed review of their technology and intellectual property. Quercus has experience in a wide range of biopharmaceutical technologies, and in the protection of intellectual property; consequently, we can undertake formal reviews for companies or their advisers, and provide advice and executive support if required. We also provide technology audits and assessments for technology transfer companies and industry liaison organisations.


BUSINESS PLANS AND STRATEGY

Many academic scientists have little experience of (or appetite for) writing Business Plans and so can find the experience daunting. This is particularly true of biotech companies, where the technology is specialised (and therefore difficult to communicate to investors) and the time to commercialisation is unusually long. Quercus has the technological expertise and the corporate experience to assist founding scientists in maximising the commercial value of their technology and presenting it in the most effective way.


DRUG DEVELOPMENT AND CORPORATE ALLIANCES

The challenge of progressing from technology optimisation to the identification and development of lead compounds is formidable. Most biotech companies do not aspire to market their own drugs, preferring to seek corporate alliances for this, but many aim to optimise the value of their technology by taking selected drug candidates through pre-clinical development, or even into early clinical trials. Few companies have experience in this area, and many have stumbled at this hurdle; Quercus, with its network, has wide-ranging expertise in the pre-clinical and clinical development of both biological and chemical drugs - and this expertise can be deployed either on an advisory or a part-time executive basis, as required.

Partnerships with pharmaceutical companies are an important part of corporate strategy for most emerging biotech companies. Consequently, assessing the suitability of potential partners, making the appropriate contacts and conducting negotiations with them, are all areas where previous experience is invaluable - as is deciding at what stage to partner a drug. Quercus can provide advice in all these areas or, if preferred, will work alongside key staff to produce development plans, identify partners and engage in negotiations.


QUERCUS CONNECT
 

Quercus has established relationships with a network of companies to provide services that emerging biotech companies need before they set up facilities themselves. These include:


- Company Incubation & Mentoring

- Copywriting and Advertising

- Executive Search & Management Assessment

- Financial including Accounting/Audit/Tax

- Human Resources

- Information Technology

- Insurance (including building liability)

- Legal

- Management Training

- Market Research

- Manufacture

- Premises (location and fit-out)

- Quality Assurance

 

See Network for some of the companies that provide these services.


SELECTION OF CLIENTS

 

AdProTech plc

Arakis Ltd

Ark Therapeutics

Axis Genetics Ltd
Avidex Pharma Ltd
BioIndustry Association

BioVex Ltd

Corus Pharma Inc
EuropaBio

European Vascular Genetics Network

Finsbury Emerging Biotech Investment Trust plc
Henry Stewart Publications

Hydra Biosciences Inc

Inflazyme Pharmaceuticals
Isis Innovation Ltd
Jenner Institute for Vaccine Research

Manches
Manchester Innovation Ltd
Medical Research Council

Nomura Phase IV Ventures
Nurin Ltd
Oxagen Ltd
Oxford BioMedica plc
Oxfordshire BiotechNet Ltd
Oxford GlycoSciences plc

Oxxon Pharmaccines
PathoGenesis Corp
PowderJect Pharmaceuticals plc

Prolysis Ltd
Renovo Ltd
Rothschild Asset Management
Simmons & Simmons

Weinberg Group