The Knowledge Exchange (KE) awards are a new initiative organised by PraxisAuril, the UK’s world-leading professional association for KE practitioners, to celebrate the contribution of KE professionals in enabling and facilitating the societal and economic impact of research. Sponsored by UKRI, the KE Awards recognise and celebrate the people behind the best KE achievements.
The MSD Business Development team have been shortlisted as finalists in the 'KE Team of the Year' category, which recognises a KE team who have excelled in delivering excellent service and value to their institution. Entries are judged on the success of the team including value added, relationships built, teamwork and challenges overcome. The other finalists in the category are the University of Liverpools' Consultancy Team and the University of Birminghams' Business Engagement Team.
The University of Oxford has also been shortlisted in two other categories:
- KE Partnership of the Year Finalist - National Trust Partnership
- KE Deal of the Year Finalist - Oxford University Innovation and Nightstar
The winners will be announced at the PraxisAuril conference on the evening of Thursday 13 June 2019.
About the MSD BUSINESS DEVELOPMENT TEAM
Over the last 8.5 years, the Business Development and Partnering Team within the Medical Sciences Division at Oxford has grown to 13 members and secured over £58M in industry investment through strategic partnerships. The team build and manage multi-year alliances with 14 companies; support major co-location initiatives with key strategic partners; foster a live pipeline of ~70 mature project development discussions, involving 35 companies and provide dedicated management of industry engagement for the NHS through close association with Oxford’s Biomedical Research Centre.
Some of the key relationships that the team have built, supported and enabled are with Novo Nordisk, Celgene, Bayer HealthCare, Elysium Health and Pfizer. Recently the introduction of a dedicated team member to develop our SME engagement strategy has been pivotal in utilising and creating new models to engage effectively with this set of unique companies.
We develop Fellowship schemes as a model for sustaining long-term engagement with international companies including UCB, Celgene, Novo Nordisk and Elysium, and have shared our experiences at international conferences. Additionally, to drive KE and networking we set up an Oxford Industry Fellows Network (over 50 Industry-sponsored Fellows and postdoctoral researchers) to offer opportunities for industry to train fellows, and for fellows to build their networks.
Our Experts in Residence scheme has driven KE in digital health (iWantGreatCare, IBM, Frog Design), surgical technologies (Koli Inc), med tech regulation (OrganOx), drug discovery and development (Evotech, GSK) and continues to grow.
As a large and disperse division with over 3000 researchers, size doesn’t always work to our advantage and can be a barrier to industry interaction. Our team successfully helps companies navigate the division and we have also found the balance between being visible, but also prioritising relationships where we can add most value.