
A Biopharmaceutical Incubator in Asia

Challenge
Consultants from Oxford Oracle undertook a programme of work in support of the plans for the Asia Biopharmaceutical Incubator in Asia.
The Oracle's Solution
The work programme included diagnostic surveys of the regional innovation ecosystem in Asia, preparation and delivery of intensive incubator training programmes and benchmarking the incubator and services. Furthermore, Oxford Oracle provided the Incubator with financial draft models, services tuned to match Asian culture, as well as with organisational and standard operating procedures. Asia Biopharmaceutical Incubator (Asia), June-Oct 2013. During the period June-October 2013 a team of consultants from Oxford Oracle undertook a programme of work in support of the plans for the Asia Biopharmaceutical Incubator in Asia. The work programme included the following activities:
- A diagnostic survey of the Asian innovation ecosystem to identify strengths and weaknesses in the provision of support for biopharmaceutical entrepreneurs
- Preparing incubator training materials and delivery of intensive training programme.
- Benchmarking the incubator and services against other biopharmaceutical incubators notably the BioBay at Suzhuo Industrial Park and the bioincubator at Hong Kong Science and Technology Park
- Preparing a two-stage report on suggested and then agreed incubator services including options for provision of some services; tuned to match Asian culture
- Preparing two versions (detailed and simplified) of a draft financial model
- Preparing draft and final standard operating procedures for delivery of each of the incubator services
- Preparing a suggested organisational structure based on agreed incubator services and operating procedures
Consequential Impact
As a result, the incubator was equipped to provide the best possible support to biopharmaceutical companies.