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UK Chalks Up $253 Million in Investment in Q2 2011: Oxford Cluster Takes the Largest Bite of the Apple
Date:7/29/2011

Cluster from the funding drought of 2008, in which just $61m was raised to finance the county's companies, with the amount raised so far in 2011 broadly equalling what was raised in 2009 and 2010 combined. Furthermore, the report states that $450m of venture capital investment was raised in the Oxford BioCluster between 2008-2010, an increase of 50% from the period covered by the last report (2005-7). The BioCluster also benefitted by the addition of a further 28 companies between 2008-10, taking the total number of bioscience companies in the county to 163.

To obtain a copy of the OBN BioCluster Report 2011, which is available to download free of charge, readers should navigate to http://www.obn.org.uk/cluster

About OBN

OBN is a not-for-profit business network which provides comprehensive support for its member biotech and medtech companies in the Oxford and South-East England biocluster and the rest of the UK. Our activities can be summarised as networking, partnering, group purchasing, and fundraising advice. Through its delivery of Europe's fastest growing biopartnering and investment conference, BioTrinity, OBN generates more R&D-company-to-investor interactions than anyone else in Europe. OBN is sponsored by Shire, as Corporate Patron, and Corporate Sponsors MEPC, Manches LLP, James Cowper, Red Moon Executive Search, PiR Interims, SRG, FOCUS Insurance, World Courier and Citigate Dewe Rogerson as well as by its extensive membership of R&D companies and other companies across the entire life sciences industry ecosystem. OBN counts nearly 200 companies amongst its membership, which is growing about 45% per year. OBN Published the OBN BioCluster Report every 3 years.

Contacts
OBN
Jon Rees
Tel: +44(0)7795-233883
jon.rees@obn.org.uk

Citigate Dewe Rogerson
Nina Enegren
T: +44(0)20
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