Uppsala BIO signs first European open innovation agreement with Roche for its program BIO-X

16-Sep-2011 - Sweden

Uppsala BIO has formed a strategic partnering  agreement with Roche, for Uppsala BIO’s open innovation program, BIO-X.  The cooperation agreement links Uppsala BIO and BIO-X to Roche’s global innovation network on at least a three-year term, and will offer projects selected in the BIO-X program access to Roche’s expertise in early stage life science product development.

The agreement between Uppsala BIO and Roche is the result of Roche’s search for a European partner to its open innovation program EIN, Expanding the Innovation Network, and is the first of its kind in Europe.

The BIO-X program identifies and supports ideas in the research community that can satisfy unmet medical needs or solve problems in healthcare, drug development, and diagnostics. “We are very proud to be the first European partner to sign with Roche´s global program for open innovation Expanding the Innovation Network. Having Roche as a strategic partner opens up great possibilities to our early projects within the BIO-X program,” said Associate Professor Erik Forsberg, Managing Director for Uppsala BIO.

“The agreement with Roche, which has a long experience in working with early life science projects, is a fantastic opportunity and will give us strategic input on industrial and customer needs and add significant value and competitive edge to the region’s, as well as  Sweden’s life sciences sector,” Eric Forsberg added.

Each BIO-X project selected by Roche for collaboration will have a specially assigned contact within Roche, assuring that the projects get access to expertise and other internal resources that can advance the project towards its goal as efficiently as possible. Roche will also co-finance selected projects. In return, Roche will get a right-of-first negotiation.

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Topic world Diagnostics

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Diagnostics is at the heart of modern medicine and forms a crucial interface between research and patient care in the biotech and pharmaceutical industries. It not only enables early detection and monitoring of disease, but also plays a central role in individualized medicine by enabling targeted therapies based on an individual's genetic and molecular signature.

1 products
1 whitepaper
1 brochures