UKTI helps BioLauncher to prosper
A Life Science consultancy has increased its turnover by 20 per cent in four months, thanks to help from UK Trade & Investment.
A Life Science consultancy has increased its turnover by 20 per cent in four months, thanks to help from UK Trade & Investment. BioLauncher, based at Chesterford Research Park in Cambridge, offers advice, contacts and experience to growing Life Science technology businesses to help maximise their commercial aspirations.
The company has recently launched the ‘Atlantic BioBridge’ to help these Life Sciences companies find commercial partners with IP-hungry firms in the United States.
BioLauncher has inc-reased its turnover by 20 per cent since it signed up to UK Trade & Investment’s Passport to Export programme, just four months ago. Since starting the programme, the company has secured work for clients in Connecticut and Switzerland, and has received repeat business from them.
BioLauncher’s expansion has been assisted by the expertise of two international trade advisers – Martin Senior, an Essex-based ITA at East of England International, which delivers UKTI services in the region, and biotechnology and pharmaceuticals regional ITA, Belinda Clarke, also based at EEI.
Rowan Gardner, who runs the business with Dirk Gewert, says: “We are international in our outlook and wanted to capitalise on these skills, and we recognise Passport to Export is a very immediate and high quality scheme, which could accelerate the company’s international promotional efforts.
“Within four months, we have new clients in Switzerland and Connecticut, and have won repeat business from them. This new business will account for approximately 20 per cent of our 2006 turnover, which is an excellent return in a short time.”
Belinda Clarke said: “Bio-Launcher is an interesting company, with its USA activity offering a unique model of business development support for companies via its Atlantic BioBridge.”