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What is €5 billion worth? Magda Gunn, IMI Scientific Project Manager.

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Presentation on theme: "What is €5 billion worth? Magda Gunn, IMI Scientific Project Manager."— Presentation transcript:

1 What is €5 billion worth? Magda Gunn, IMI Scientific Project Manager

2 Drug discovery is complex

3 Key concepts Focus on unmet needs Competitive Calls for proposals
Open collaboration in public-private consortia Data sharing, dissemination of results… Industry contribution is in kind A partnership between EU Commission and the European Federation of Pharmaceutical Industries and Association (EFPIA)

4 PATIENTS’ ORGANISATIONS SMALL AND MEDIUM-SIZED ENTERPRISES
Typical IMI project Industry ACADEMIA HOSPITALS PATIENTS’ ORGANISATIONS SMALL AND MEDIUM-SIZED ENTERPRISES REGULATORS Pharma 1 Pharma 2 Pharma 3 Pharma 4 Pharma 5 Pharma 6 Private Investment in kind EU Public Funding cash 4

5 Many stakeholders many expectations

6 2.7 billion remaining 17 2.6 billion committed 68 Calls for proposals
projects

7 Performance monitoring framework
Scientific output Impact on drug development Impact on regulatory framework Business opportunities and sustainability Socio-economic impact Information, communication and dissemination

8 Scientific Output

9 IMI scientific output 24% Highly cited 1134 2.19 citation impact 9359
publications 2.19 citation impact 9359 citations 376 224

10 Benchmarking

11 Collaboration delivers excellence
International collaboration 50% of IMI publications Collaboration between sectors 61% of IMI publications collaboration between institutions 75% of IMI publications Data & analysis: Thomson Reuters (Custom Analytics & Engineered Solutions)

12 Tracking collaborations across EU
Co-authorship between IMI-supported researchers Calls 1-4 Pre IMI funding award Post IMI funding award Data & analysis: Thomson Reuters (Custom Analytics & Engineered Solutions)

13 Securing regulatory relevance

14 Securing regulatory relevance
New standards and best practices derived from IMI projects Number of scientific advice and qualified opinions initiated by the IMI projects at the EMA and FDA Number of regulatory guidelines derived from IMI projects

15 Business development and sustainability

16 IMI project patenting trends
20 patent applications 3.2 patents per €10 million of costs accepted by IMI Target for H2020 is ≥ 2 per €10 million of costs accepted by IMI

17 Business relevant outputs (n=50)
Spin-offs breakdown New Projects Companies & joint ventures Foundations & non-profits

18 Job creation as a result of IMI projects
2 272 direct jobs created indirect jobs* *

19 Key stakeholder involvement

20 Promoting SME participation
SMEs receive 18% of IMI funding 15% of IMI participants are SMEs Thanks to IMI the company went from 6 to 50 employees. Now they are ready to further expand. “1st product released to the market in 2013 – IMI was instrumental in validation of the first cell line product, 2nd product release planned this year, 3rd diagnostic product in development. In preparation: a new patent filing to protect technologies for the creation of third generation human beta cell lines.

21 Conclusions A mix of quantitative indicators and qualitative assessment is needed to fully address the “So what?” question Need to address criteria relevant to both public and corporate worlds is a challenge Evaluation framework needs to incentivize desired outcomes and be the basis of a reward system Long term impact measures still remain challenging.

22 Thank you!


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