I was delighted to be invited as a panel member at the inaugural OBN BioForward conference, held in Birmingham University on Thursday 4th October. This was quite a different type of conference; focused on creating a roadmap for growth in the Life Sciences sector and, as such, comprised ‘Panel’ and ‘How To’ sessions.
The panel I shared; ‘Making the most of your data assets – IP strategies, platforms and productivity’, was excellently chaired by Rebecca Baines of Fieldfisher. I was joined by Nigel Groome, Emeritus Professor, Oxford Brookes University, Lisa Farier, Head of Data Analytics, Wilmington Healthcare & Dom Icely, Director at IP Asset.
It was a wide-ranging discussion which ran the gamut of Data & IP and converged on the fact that, as a young company, it is important to begin to think about both elements early on. It is important to focus on developing important assets and driving as much value into the company as possible.
So, if there is one word of advice from me – make sure that you capture and store data in both a structured and flexible way from the get-go, so that it is at your fingertips when you need it, in a format that makes it easy to use and interrogate and so that it becomes a valuable asset and not a liability.