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Seven Hills Venture Partners Links with San Raffaele Biomedical Science Park

22 September 2004

Seven Hills Venture Partners Ltd, the UK life science venture and advisory group, today announced an agreement with San Raffaele Biomedical Science Park, one of Italy’s leading centres for biomedical research. Under the terms of the agreement Seven Hills will seek UK licensing partners for technologies emanating from the science park.

Seven Hills will exclusively offer UK companies and institutions San Raffaele Biomedical Science Park technologies, products and contract services. Technologies available from San Raffaele are as diverse as peptides, stem cells and vaccines in therapeutic areas ranging from migraine to HIV to cancer.

The San Raffaele Biomedical Science Park is one of Europe’s largest and is entirely focused on biomedical and biotechnology research. The park is associated with the San Raffaele Hospital, Italy’s largest private hospital.

Marco Baccanti, General Manager of Science Park Raf, the technology transfer and business development company at San Raffaele said, “It is important that San Raffaele, with such a diverse range of technologies, has international exposure to licensing opportunities. Seven Hills, with its links in the UK and beyond, is an important partner in our licensing strategy.”

Brad Hoy, Director and co-founder of Seven Hills said, “As one of Europe’s largest science parks, San Raffaele is home to over 500 researchers, Italy’s premier biotech companies, the biggest Italian private hospital and a world-class university. We are delighted to have this opportunity to work with such a broad variety of life science technologies and products.”

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-- NOTES TO EDITORS --

Seven Hills Venture Partners is a venture investment and advisory group focused on embryonic and early-stage life science companies. Seven Hills exploits its genuine experience in company incubation, raising capital and management to create and develop viable and successful businesses. The Seven Hills approach is uniquely hands-on, working closely with entrepreneurs as they build and grow their companies and exploiting its networks to source potential business development opportunities.

Seven Hills Venture Partners is the dedicated management company of the Seven Hills Life Science Partnership, a fund established with Noble Fund Managers Ltd, Scotland. The fund invests in early-stage life science companies in Scotland and northern England in partnership with the Scottish Co-investment Fund (SCF).

For more information see www.shvp.co.uk

San Raffaele Biomedical Research Park the largest Italian biomedical research center, is associated with the San Raffaele Hospital, that with 1200 beds and over 120 clinical trails per year is Italy’s largest private hospital. The park hosts in an 18,000sq meter research facility 500 scientists producing over 500 articles in peer reviewed papers with an impact factor of nearly 3000, a private university and 8 biotech and pharmaceutical tenants.

Science Park Raf is the management company of the Park particularly focused on technology transfer activities.
With a portfolio of 60 patents, 15 of which have been successfully licensed out, Science Park has also negotiated over 200 R&D contracts with about 70 different international biotech and pharmaceutical companies.

For more information see www.spr.it