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Among Europe’s finest 

OCC Incubator was recently rated among the top 20 European biotech incubators. Here’s why!

Every year, the biotech website Labiotech makes a top 20 list of the best biotech incubators in Europe. Oslo Cancer Cluster (OCC) Incubator is the only Norwegian incubator on the list this year, together with well established incubators in Belgium, Switzerland, Great Britain, Germany, Sweden and other European countries.

Labiotech.eu is the leading digital media covering the European biotech industry, with over 150,000 visitors every month.

Size and relevance matters

We asked Clara Rodríguez Fernández, Senior Reporter in Labiotech, about the selection criteria. She replied:

“We aim to include the most relevant incubators across different European countries. We selected those based on their size and relevance within their country’s biotech ecosystem and also based on feedback from the industry contacts we sent our preliminary list to.”

See the full top 20 list on labiotech.eu.  

Means a lot in Norway

In Norway, the list has attracted attention.

“This means a lot. We have a strong and attractive ecosystem around Oslo Cancer Cluster on research and commercialization of pharmaceuticals. The latest success story is the tech company OncoImmunity that was bought by the tech giant NEC this summer.” Håkon Haugli, CEO Innovation Norway

Read more about NEC OncoImmunity in this news story.

Håkon Haugli continues:

“We also recognize that Norway, through Oslo Cancer Cluster, is positioned very well for the European Union’s next big endeavour, ‘Missions’, which will be launched next year. Cancer is one of five focus areas, which the European Union will channel considerable project resources into, to resolve one of our time’s big societal problems.”

The European Union has defined five research and innovation mission areas, inspired by the Apollo 11 mission to put a man on the moon. The missions aim to deliver solutions to some of the greatest challenges facing our world, such as cancer, climate change, healthy oceans, climate-neutral cities and healthy soil and food.

You can read more about the European research and innovation missions on this official website.

A boost of motivation

For OCC Incubator, being on the top 20 list is a nice boost of motivation. Bjørn Klem, General Manager OCC Incubator, puts it this way: 

“We are excited about being rated among the best biotech incubators in Europe. It motivates us to become the most attractive space for innovations in the field of cancer!” 

 

Want to read more about biotech incubators and start-up opportunities? 

 

– An idea needs to attract investors

Meet Thomas Andersson, our new Senior Advisor Business Development. How could he be of help to your startup company? 

— The most important thing I do is to get the startup companies rolling.

Thomas Andersson, the new Senior Advisor for Business Development at Oslo Cancer Cluster and Oslo Cancer Cluster Incubator, looks dead serious as he makes this statement, but immediately after he lets out a smile and elaborates:

— A company needs to be investible. An idea needs to attract investors.

A lifetime of experience
Thomas holds a Ph.D. in Physical Chemistry from Lund University in Sweden and has more than 30 years of experience from establishing, operating and funding start-ups in the life science field. He has a long background in business development in health tech startups, all the way back to the early 1980s.

— I’m that old! I went straight from my Ph.D. in biophysics into the problem-solving of business development.

In his career he has also taken on issues with patents and sales and he even bought a company that produced monoclonal antibodies with some friends and remodelled and sold it. 

— What did you learn from this journey? 

— I learned quite a lot, including the production business and the cell cultivation biotech business from the floor. I also learned how to lay out the production manufacturing facility.

See it like an investor
Thomas Andersson knows the biotech startup-scene from the investors’ point of view. He started to work at the tech transfer office of Karolinska Institutet in Sweden. It was called Karolinska Innovations back then, now it is known as KI Innovations.

— We raised a lot of money there, formed 45 companies as a group and we had a fantastic time! 

After 8 years he was recruited to Lund and worked in Lund University Bio Science and tried to vacuum clean the whole university for life science innovation.

— And we did find a lot! In the end there were about 20 investment proposals and those ended up in 9 investments, of which we turned down 5 or 6. Two of them are now at the stock market. 

In total, Thomas Andersson has been involved in starting about 20 companies, of which 5 survived and are now on the stock market.

Normally, it is said that only 1 in 30 biotech startups make it. 

 

Thomas Andersson, Senior Advisor Business Development. Photo: Oslo Cancer Cluster

Here for you
— How did you end up here at Oslo Cancer Cluster?  

— I have had my eyes on Oslo Cancer Cluster for a while. I have liked the ideas that the cluster stands for. And I wanted to do something new in the end of my career. That is why I am here as a senior advisor now. I like it here! I am working on very interesting projects and ideas.

Our new Senior Advisor Business Development is present in Oslo Cancer Cluster Incubator nearly every week although he still lives in Lund, Sweden, on a farm in the woods where he can be practical and hands-on with hardwood and fly fishing.

— My door is open to people in the cluster and incubator with projects and ideas. I have a network that can help them and I have the experience of how investors, scientists and other actors can value a company. And being a Swede in the Norwegian system; I am basically here also to encourage you to think differently.

 

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