Polski Bank Komórek Macierzystych S.A. (FamiCord Group)

Slides:



Advertisements
Similar presentations
Financing of hi-tech sector and advanced technologies in Poland through venture capital market development Piotr Pietrzak – Investment Manager.
Advertisements

FINEST S.p.A. 20 YEARS OF EXPERIENCE OVERSEAS 500 DEALS APPROVED 270 MLN € TOTAL INVESTMENTS AMOUNT.
European rental association SAMOTER 2008 ERA the European Rental Association The rental industry in Europe Consolidation !
Partners for Financial Stability Capital Markets Trends for SEE and Eurasia February
Sources of Financing: Debt and Equity If you don’t know who the fool is on the deal, it’s you!...Michael Wolff.
Structured Finance and Financial Institutions Department / February February 2005 PKO IN A NUTSHELL.
POSSIBILITIES FOR EMPLOYMENT, SELF EMPLOYMENT AND BRAIN DRAIN Ivana Kulpinac Crepulja.
Module 4 The Search for Capital. Module 4 Topics Sources of Capital Background Start-up Ongoing Operations Growth.
Business Development Bank of Canada TechExpo 2004.
Competitiveness of Polish Economy Perspectives for Euro Adoption Magdalena Zając.
1 Supporting Private Health Care in Emerging Markets January 2011.
´´ We commit to set the Greek economy in motion΄΄.
Svetlana Severtsova. What is the European Investment Bank? The European Investment Bank is the European Union's nonprofit long-term lending institution.
Jacek Błoński Poznań, January 22, 2008 Business Angels as alternative source of financing early-stage investments.
Fundraising for growth: IPO vs. Private Equity Presented by Debbie Clarke, Partner, Chantrey Vellacott, DFK LLP 23 September 2014.
August 2003 Investor Relations Online and Surveys of Reporting on Corporate Social Responsibility (CSR) in 11 Central and Eastern European (CEE) Countries,
Delegations IV KAM Prague 3rd to 7th September 2014.
Vcapital Confidential1 Startup Workshop Presentation to.
COMPETITIVENESS OF BULGARIA COMPETITIVENESS OF BULGARIA Kamen Kolev, PhD Kamen Kolev, PhD THE EUROPEAN DAY OF THE ENTREPRENEUR Bulgarian Industrial Associationwww.bia-bg.com.
Presentation by Dr. Andreas O. Tobler November 5, 2009.
August 2003 Investor Relations Online and Surveys of Reporting on Corporate Social Responsibility (CSR) in 11 Central and Eastern European (CEE) Countries,
Trends in Insurance Capital Raising and Capital Management May 24, 2011 FIAR by xPrimm.
Central European Initiative Wholesale Markets Foundation Belgrade, Serbia 8 April, 2013 TOGETHER AHEAD.
Triodos Bank.
1  Press conference 19 April 2007 Press conference 19 April 2007.
LESSON 6 How Business Angel and Venture Capital evaluate investments
Stanislaw Belniak Cracow University of Economics Covered Bonds as a Source of Financing Residential Properties in Poland Presentation at the ERES Conference,
1 The Lockheed Martin India Innovation Growth Program
IGCSE®/O Level Economics
Business Model for an Industrial development agency
Adam Smith 4 th Annual Ukrainian Investment Summit London, UK March 11, 2008.
Southern African Private Equity Roundtable – Gaborone
EBRD Technical Cooperation Programme Caroline Clarkson Official Co-financing Unit, EBRD Bratislava, 4 March 2010.
EPC EDUCATION AND TRAINING – Applications for Membership of the EU Turkey - April 1987 Cyprus - July 1990 Malta - July 1990 Hungary.
Session: Financing Euro-Asian Cooperation Czech-Asian Forum Business, cultural and education exchange Prague / 2 nd March 2009 Eva Anderová International.
1 The World Bank Sandro Zanus-Michiei St. Petersburg – March 2003 The role of Development Agencies in promoting and fostering SMEs.
European Fund for Southeast Europe Microfinance and its Growth in Europe EFSE’s experience in SEE European Microfinance Network 2009 Conference.
Jacek Błoński Warsaw, April 22, 2008 Business Angels as alternative source of financing early-stage investments.
Vienna Economic Forum, Chisinau, February 20th, 2008 Private Equity Investments as a way to open a new European market: case of Moldova by Alex Munteanu,
1 Raiffeisen-Leasing International Raiffeisen Group in the Republic of Moldova Vienna Economic Forum Chisinau Meeting 20th and 21st of February 2008.
Introducing the European Investment Fund 1`````` ```````` ```````` `` Nitan Pathak September 2015.
THE ROMA EDUCATION FUND. Can you believe it! Approximately 80% of Roma children in Romania do not attend preschool. While enrollment in primary education.
Launching conference of the ClusterCoop Project The future role of clusters in Central Europe Budapest, 13th of July 2011 Polish clusters and cluster policy.
Lecture 5 Entrepreneurship and Enterprise Dr Vijay Vyas.
Financing Innovation March 25, 2004 Knowledge Economy Forum III Budapest, Hungary NATIONAL INNOVATION FUND KAZAKHSTAN.
Vienna Insurance Group Financing of Investments
1 Investment Compact for South East Europe Attracting Foreign Direct Investment: A Comparative Overview of the FDI in the South East European Countries.
How to Encourage Greater Private Equity Investment in Latin America Development of Non-Bank Financial Institutions in Latin America December 5, 2002 J.
BZUPAGES.COM Nimra Irshad BZUPAGES.COM ROLE OF THE SBA IN SMALL-BUSINESS FINANCING  The SBA offers numerous loan programs to assist small businesses.
Bureau for International Research and Technology Cooperation Herlitschka 1 Warsaw FP6 Launch Conference - 26 Nov Small and Medium Enterprises -
Albina Nikkonen Russian Private Equity and Venture Capital market review 2006 Russian Private Equity and Venture Capital Association.
The Scope Of Corporate Finance Professor XXXXX Course Name / Number.
1 March 2013 © European Bank for Reconstruction and Development 2012 | EBRD’s Cooperation with Taiwan & Business Opportunities Junko Aya Donor.
THE EUROPEAN UNION Background 11 June Image by Rock Cohen. Used with permission europa.eu – official website of the EU.
Ministry of Economy Partnership for prosperity Poland - Your Strategic Business Partner in Europe Mr. Dariusz BOGDAN Undersecretary of State Ministry of.
POLISH DEFENCE INDUSTRY 2014 Polish Chamber of National Defence Manufacturers.
2013 China-CEEC Business Council – proposed role and structure Michal Polański, Ph.D. Polish Agency for Enterprise Development Katowice, April 20th 2015.
EU Health Priorities Jurate Svarcaite Secretary General PGEU.
Consolidated financial results H1 2016
Discussion Meeting: TAPI as a possible Venture Capitalist
IFC 2008 Creating Opportunity.
The point and purpose of establishing the Eastern Partnership
PEOPLE TECHNOLOGY INNOVATION
Private Equity – Venture Capital Partnership for Success
Working with the European Bank for Reconstruction and Development
European Investment Bank
MICRO: Enhancing Competitiveness of Micro-enterprises in Rural Areas
AIPČR, 8 December 2011 EUREKA Programme.
TGFS- Venture Capital Fonds for Saxony
MICRO: Enhancing Competitiveness of Micro-enterprises in Rural Areas
Presentation transcript:

Polski Bank Komórek Macierzystych S.A. (FamiCord Group) June 2013 version: 1.9. eng.

FamiCord Group profile Presence in Europe International scope 3rd largest European private cord blood bank Operates in 20 countries in Europe 9 offices (3 in Poland, 2 in Hungary, Spain, Italy, Romania, Latvia), 30+ lab technicians, 10 medical doctors 7 own laboratories (3 in Poland, Spain, Hungary, 2 in Romania) and 4 partner laboratories (Hungary, USA, 2 in Germany) Partner network in Serbia, Croatia, Moldova, Estonia, Macedonia, Bosnia and Hercegowina High quality service AABB Accreditation (American Association of Blood Banks), ISO 9001:2008 Certificate, ISO 14001:2004 Certificate, IATA PI650 Certificate 2

FamiCord Group European data Cord blood stored at PBKM (the Polish Stem Cell Bank) released for transplantation first time in 2007 Until now 13 cord blood units released for transplantations from performed, 10 in Poland, 3 in Hungary 70,000 cord blood units for family use 2,300~ cord blood units for public use 25,000+ samples of human semen 5,000+ units of cord tissue 500+ samples of DNA 1

Corporate milestones Equity investments and international development /more than PLN 20mln invested/ Company established by 5 persons Entry of Business Angel Entry of a group of investors I Entry of a group of investors II Entry of Enterprise Investors Venture Fund 2013 Small acquisition of 3,5% at Vidacord (Spain) Acquisition of 100% of Cilmes Sunu Banka (Latvia) Joint-venture of 25% at Sevibe Cells (Spain) Investment of 100% at Famicord Italia (Italy) Increase to 56% of Sevibe Cells (Spain) 2013 – take-over of part of business activity from Freezlife (Romania) Two transactions to be closed in H1 2013 Acquisition of 74,5% of Krio Institute (Hungary) Increase to 96,5% of Krio Institute (Hungary) Increase to 66% of Biogenis (Romania) Take-over of 52% of Fotomilla Zrt (Hungary) Joint-venture of 50% at Biogenis (Romania) Take-over of part of business activity from Activistion Life (Poland)

Member companies: Poland part 1 The largest private cord blood bank in Poland with ~75% of market share The largest public cord blood bank in Poland 2nd bank & laboratory in Europe accredited by AABB Service avaliable also in Germany, UK, Ireland 3

Member companies: Poland part 2 In Poland: Broad operating range Professional medical consultations available through the whole country Cooperation agreement with all the hospitals in Poland 3 laboratories (1 working, 2 to be opened in a few weeks) 80+ people, 15 at the laboratory, 4 medical doctors Around 400 agreements with hospitals More than 3000 agreements with cooperating medical staff Cooperation with a couple of universities, clinics and Polish Academy of Science 3

Member companies: CEE STEM LAB In Hungary: In Romania: Krio Institute ZRt. The largest cord blood bank in Hungary One of the oldest (1998) bank of human semen in Eastern Europe and the largest one in Hungary (out of 4) 45%+ marketshare Controlled in 95,5% by the FamiCord Group Own laboratory located in Budapest 3 sucessful transplantations www.krio.hu Biogenis S.C. 2nd largest cord blood bank in Romania (out of over 20) Controlled 66% by the FamiCord Group Own laboratory located in Bucharest www.biogenis.ro STEM LAB Specialized diagnostic lab Hepinet USG network www.hepinet.hu 4

Member companies: Other In Spain: In Italy: In Latvia: Sevibe Cells S.L. Established in 2008 2nd largest cord blood bank in Spain (out of over 15) Controlled 56% by FamiCord Group Own laboratory in Girona www.sevibe.es Famicord Italia Established in 2009 Small player in Italy (out of over 20) Fully controlled by FamiCord Group Cooperate with Famicord laboratory in Poland and partner laboratory in New Jersey in USA Cilmes Sunu Banka SIA Established in 2004 The largest cord blood bank in Latvia Fully controlled by FamiCord Group Cooperate with Famicord laborartory in Warsaw www.nabassaite.lv 5

Consistent growth of subscribers New agreements signed Total subscribed units stored In 2008-2012 rapid growth of new customers was observed with the average growth of 2 357 per quarter In 2012 the number of new agreements quarterly amouted to ~3 500 per quarter compared with 1 090 in Q1 2008 CAGR 2008-2012 calculated on a quarterly basis for Q1 amounted to ~33% As for Mar 2013 cord blood units stored totaled ~70 thousand Customer base increased from ~19.6 thousand in Q1 2008, reaching a growth of about 250% after Q4 2012 Moreover, a few thousand cord tissue units and several thousand human semen units were stored 6

Market competitiveness Cord blood European market share in 2009-2012 2009 2010 2011 2012 Growing market share of FamiCord from 8% in 2009 to 11% in 2012 (37% growth) Significant but decreasing market share hold by small players (27% of market share in 2012) The market will be consolidated by stronger players

Investment from financial partner Enterprise Investors (EI) Benefits to the Company Since 2009 FamiCord has been controled by Enterprise Investors (EI), the oldest and one of the largest firms managing private equity and venture capital funds in Poland and CEE Enterprise Venture Fund I (EVF), the venture capital fund managed by EI invested PLN 18.1 million (approx. € 4.4. mln) in combination of capital increase and purchase of shares The investment aimed to finance the Company’s expansion, including acquisitions in Europe, as well as promotion of the fully ethical practice of stem cell storage and usage The partnership with EI has strengthened the Company’s credibility and the foundation for long-term growth EI investment approach EI’s objective is to invest the money in companies that demonstrate high growth potential, and then to work with the entrepreneurs and the managers to increase the value of those companies Since 1990 EI has raised 8 funds with combined capital of €2 billion and invested €1.5 billion in close to 130 companies, exited more than 90 investments with gross proceeds of €1.7 billion