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Sustainable Innovation

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Presentation on theme: "Sustainable Innovation"— Presentation transcript:

1 Sustainable Innovation
SCiE Summit Conference Copenhagen, April 12th 2018

2

3 About LEO Innovation Lab
LEO Innovation Lab is an independent digital innovation unit established in 2015 by Denmark's oldest pharmaceutical company, LEO Pharma. The unit focuses on digital health and has launched a wide range of digital solutions targeting patients worldwide. LEO Innovation Lab aims to empower patients to gain more control over both their condition and treatment, to improve the patient-doctor interaction, as well as promote efficiency for doctors and other healthcare professionals. Confederation of Danish Industry Award

4 Innovating to improve life for people living with a skin condition

5 Owned by the LEO Foundation
Being owned by a foundation means that all profits are reinvested for the benefits of patients It provides freedom to operate independently of outside capital and commit to long-term patient journey

6 Why build a separate unit for corporate entrepreneurship?
Exploring new opportunities while simultaneously improving the existing business is a tough challenge for any organization to handle. Stand-alone unit allows the entrepreneurial mindset and ensures high agility, innovative culture and market disruptions while levering core assets from the corporate. We hire small entrepreneurial team that get complete autonomy.

7 With an international focus
DK Copenhagen Hub CA Toronto Hub FR Paris Hub UK London Hub US SF Hub IL Tel Aviv Hub

8 Perspective: The pain points in the patient journey
1) 2) 3) 4) LEO Innovation Lab internal data (VisualDx feasibility study) 5) HC williams “dermatology”, ISBN-10: 6)

9 ...is changing 1) 2) 3) 4) LEO Innovation Lab internal data (VisualDx feasibility study) 5) HC williams “dermatology”, ISBN-10: 6)

10 Beyond corporate innovation

11 Denmark can be a very attractive place for startups
In the ‘00s mobile broadband and smartphone penetration in combination with a small language area made Denmark the perfect development ground for mobile games. Result: Today Denmark has a unique position when it comes to health data. Combined with a very tech-friendly development environment Denmark could once again prove to be a fertile testbed. If we help startups navigate this industry and provide them with for instance access to anonymized data and a fast track to regulatory expertise who knows where we could be in 2030? Investors valued Unity at $1.5 billion last year, according to the New York Times. This new round reportedly brings the company’s valuation to $2.6 billion.

12 Stimulating the startup environment

13 Thank you!


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