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With
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Organized
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Liliane
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WHERE BIOPHARMA AND MEDTECH COMPANIES
MEET
INVESTORS
//Next
Edition January 20th-21st 2009// Hotel
Intercontinental
//Geneva//Switzerland
|
The
programme of BioData2009 will come later in the year.
|
(To print the programme, click here) |
Tuesday,
January 22
|
| 09:00
– 10:05 |
Opening
Plenary Session |
| |
|
| 09:00
– 09:15 |
Welcome
Introduction and Official Opening
Address
•
Herve de Kergrohen, Chairman
Official
Opening Introduction
• Pierre-François Unger, President of the Geneva State
Government
and Minister in Charge of the Economy
and
Health
•
Lionel Eperon, President, BioAlps
• Roger Vioud, Chairman of the International Commission
of the Regional Council of Rhône-Alpes
•
François Naef, Member of the Executive
Management Board, Merck Serono |
| |
|
| 09:15
– 10:05 |
Interactive
session – “European Biotech: Is it better than
it
looks?”
German
biotech stocks have witnessed tough times in 2007. In particular,
the disaster of GPC Biotech with the denied approval of its cancer
drug Satraplatin was seen as a severe setback for the entire German
biotech industry and caused a massive sell-off. Larger financing
rounds, not to talk about IPOs, have become increasingly difficult
to realize. Other markets have fared better but stocks are nevertheless
undervalued as well. However, this gloomy picture veils the fact,
that a number of companies have recently made significant progress
with maturing clinical pipelines, valuable partnering deals and
takeover bids. In this context, are the majority of European biotechs
trading now below their fair value? Which catalysts could improve
sentiment in the near future throughout Europe? Which factors could
catalyse improved market sentiment throughout Europe in the near
future?
Moderator
• Raimund Gabriel, Partner, MC Services
Panellists
• Kai Brüning, Senior Portfoliomanager, Deka
Investment
• François Conquet, Early Stage Licensing Director,
Merck Serono
• Uli
Kinzel, Director, Nomura Code
•
Simon
Moroney, CEO, Morphosys
• Gilles Nobécourt, Partner, Edmond de Rotschild
Investment
Partners, Life Sciences Team |
| |
|
| 10:05 – 10:35
|
Coffee Break |
| |
|
| 10:35 – 12:15
|
Company Presentations |
| |
|
| 12:15 – 13:40 |
Lunch |
| |
|
| 13:40 – 15:45 |
Company Presentations |
| |
|
| 15:45 – 16:15 |
Coffee Break |
| |
|
| 16:15
– 17:05 |
Interactive
session – “Listing Strategies in Europe :
Lessons
learned”
Over
the last three years the UK has seen a diminishing number of biotech
companies listing on either the main list or AIM. Of these, 95%
headed to the AIM, where they have underperformed. City scuttlebutt
is that next year there will be no IPO market in the UK and secondary
rounds will be slim, at best. On the other hand, Italian companies
have chosen the SWX. The choice of a stock market can become a critical
issue for any biotech companies. What lessons have been learned?
Which European stock exchange should a biotech company choose for
an IPO? Are we witnessing the emergence of a two class system with
Alternext for start-up companies and the SWX with more mature companies?
Do different stock exchanges offer differences in valuation? Should
European companies envisage double listing in Europe?
Moderator
• Shaun Brown, Director, Innovator Capital Limited
Panellists
• Georges-David Medina, Funding Partner, Hinvest Partners
• Yvonne Wegmann-Günsch, Head of Issuer and Investor
Relations, SWX
• Georges-David Medina, BioNest |
| |
Wednesday,
January 23 |
| |
| 9:00
– 9:40 |
Key
Note presentation
“
Russia : the emergence of a new biotech
market?“
The
Government of Moscow has decided to actively support innovation
and has financed hundreds of technology projects. The next step
is to channel these projects into an industrialisation phase through
increased entrepreneurship. While the Russian economy is dominated
by its natural energy sector, this willingness is noteworthy as
it means that many technologies in cleantech medtech and biotechnology
are now open to Russian and foreign funding. Moscow is also at the
core of a very large untapped market for new drugs, vaccines and
medical technologies. The population is eager to reach Western standards
in medicine and in disease prevention as the GDP growth far outpaces
that seen in the West. BioData is proud to open up its forum to
Russian representatives, as first in many instances.
•
Suren Vardanian, Director General, Moscow Agency for Export and
Investment Promotion |
| |
|
| 9:40
– 10:35 |
Analyst
Panel Discussion - ”Which stocks to watch in
2008 and beyond”
The
European biotech industry has gained new momentum over the last
few years with expanded pipelines, increased revenues, strong interest
from pharma and good IPO performance. However, since this summer,
valuations have declined steadily to the extent that most stocks
are largely undervalued. Which European and US biotech and medtech
companies are most likely to be the first ones to benefit from an
upward change in current trends?
Moderator
• Hervé
de Kergrohen, Chairman
Panellists
• René Nordmann, CEO, Medinsight
• Odile Rundquist, Pharmaceutical & Biotech Analyst
–Equity
Brokerage, Vontobel
• Raghuram Selvaraju, Biotech & Equity Analyst, Rodman
& Renshaw |
| |
|
| 10:35 – 10:50 |
Coffee Break |
| |
|
| 10:50 - 12:30 |
Company Presentations |
| |
|
| 12:30 – 14:00 |
Lunch |
| |
|
| 14:00 – 15:40
|
Company Presentations |
| |
|
| 15:40 – 16:00 |
Coffee Break
|
| |
|
| 16:00 – 18:00
|
FIRST
TUESDAY
Interactive
sessions |
| |
|
| 16:00
– 16:50 |
Interactive
session – Switzerland “How to value
innovation?”
Valuating
innovation remains a challenge for both private and public companies.
How many listed companies in Switzerland are trading below their
IPO value today, despite significant progress in their R&D pipeline
and increased cash position? Many argue that putting a value on
early stage companies remains largely a gamble. On the other hand
a number of trade sales and acquisitions of biotech companies by
large pharma companies have demonstrated that innovation has tremendous
value and can be highly cash generative. Is this gap widening? Is
it only a buyers market? Is it possible to value innovation at a
fair price? How can companies increase the valuation of their innovation?
Moderator
• Alexandre Müller, Senior Consultant, Dynamics Group
Panellists
• Tim Dyer, CFO, Addex
• Andrew Galazka, Senior VP Autoimmune and Emerging Therapeutic
Areas, Merck Serono
• Jesus Martin Garcia, Founder and Managing Partner, Eclosion
•
Claudia Gutjahr-Loeser, Senior Director, Head of Corporate Communications
and Investor Relations, Morphosys
• Alice Huxley, CEO, Speedel |
| |
|
| 16:50 – 17:40
|
Medtech
panel – “Medtech companies: a new
momentum
in
BioAlps and Rhône–Alpes region?”
Europe
is a major source of innovation in the medical technology field.
Historically, the development of new surgical procedures has been
easier in Europe because of friendlier regulations than those of
the FDA. Large companies such as Siemens and Philips in imaging
and Synthes Stratec, Smith and Nephews or Aesculap in orthopedics
provide great support for the development of new technologies in
Europe. But technology hubs such as Grenoble have also produced
breakthroughs such as targeted radiotherapy, computer-assisted surgery
and robotics and neurosurgical navigation. These products are now
sold by companies such as Varian or Medtronic, proving that European
technology continues to be state of the art. The medtech sector
is increasingly seen by venture capital as an opportunity. This
should benefit many start-up companies in Rhône-Alpes and Western
Switzerland
Moderator
• Hervé de Kergrohen, CEO, Praxim
Panellists
• Richard Borgy, Medical Device Specialist, Bri
• Eric
Perouse, General Manager, Perouse
• Marie-José Plique, General Manager France,
MedCPartners
|
| |
|
| 17:40 – 19:00 |
Networking
Cocktail |
| |
|