Duke of York in biotech visit
The Duke of York has helped to spur on budding entrepreneurs during a visit to Alderley Park.
Prince Andrew visited the AstraZeneca site as part of Pitch@Palace 5.0, founded to help entrepreneurs turn their ideas into businesses.
Thirteen biotech entrepreneurs pitched to a team of judges as part of the event, which focussed on biotech, healthcare and life sciences, with three - Promedstem, Exyo Design and Memrica - selected to attend a special ‘bootcamp’ as part of the scheme.
Prince Andrew said: “Innovation and entrepreneurship is a cornerstone of our economy. Pitch@Palace provides a platform to accelerate and amplify the work of our entrepreneurs in the UK. Biotech is an increasingly important area as we address global healthcare issues. I look forward to seeing these fledgling businesses develop and succeed in impacting on the lives of people across the globe.”
Shaun Grady, vice president, business development at AstraZeneca said: “We are delighted to be involved with the Pitch@Palace initiative and to be supporting the next generation of UK biotechs. It’s fitting that today’s event is taking place at Alderley Park, a site which is home to over a thousand AstraZeneca staff and which has contributed enormously to human health through the products invented and developed by the scientists here.”
In 2013 AstraZeneca set up the BioHub at Alderley Park, which is now home to over 130 start-up companies. The site is now owned by Manchester Science Partnerships, which is continuing to develop the 400 acre site as a centre of excellence for biotech and life science innovation.
●● Andrew Borland and Dr Rachel Oldershaw (Promedstem), Mary Matthews (Memrica), and Andrew Morgan and Christopher Hughes (Exyo) were all chosen to progress to the ‘bootcamp’
●● Prince Andrew visits Alderley Park