Creating a Connected Health Ecosystem

inNorthern Ireland

Alastair HamiltonChief Executive

Invest Northern Ireland

A Connected Health Ecosystem needs:

• Government leadership

• Business, academic and clinical collaboration

• International business and research linkages

• A commitment to implement the solutions

• Excellent connectivity

• High quality property solutions

• Financial support

Government Leadership

Joined up strategy3 Year Programme for Government

3 Year Budget

10 Year Investment Strategy

Programme for Government5 strategic objectives

Timebound Commitments

Economic Development – Key

Health & Wellbeing

Investment Strategy£20bn programme

£1.6bn this year

- 60% increase over 4 years

Government Leadership

• Health is a key focus area

• Over £3.5bn investment

Further & Higher EducationWorld-renowned universities, working closely with industry:

Queen’s University Belfast

• Member of The Russell Group

University of Ulster

• Awarded ‘Excellent’ (perfect score) by HE Quality Assurance Agency

6 Major Colleges

• Specialising in vocational education

Life Sciences Investment

• Diverse range of companies including Almac and Randox - with turnover of around $600m.

• Cross-disciplinary collaboration

• 4,100 employees in the sector

Research CapabilityUniversity Based Research Centres

• Centre for Cancer Research and Cell Biology (QUB)

• Centre for Advanced Cardiovascular Research (UU,RVH)

• McClay Research Centre for Pharmaceutical Sciences (QUB)

• Medical Polymer Research Institute (QUB)

Company Based Research Centres

• Centre for Proteomics (Randox)

• Centre for Speciality Pharmaceuticals (Almac)

• Centre for Controlled Drug Delivery (Warner Chilcott)

NI Connected Health Initiative

• Joint Government initiative promoting health and wealth

• Launched by Ministers McGimpsey (Health) and Dodds (Economy) in January 2008

• A £46m Connected Health project, to monitor 5000 patients - one of the biggest projects in Europe

• European Centre for Connected Health - leading the Department of Health’s activities in clinical and academic collaboration

• European Connected Health Campus launched in March 2009.

• An international collaborative network bringing together business, academia and clinicians

• Intel, Bosch, Viterion (Bayer) and CA are its Foundation Members

• CIMIT and Medcom are Alliance Partners

NI Connected Health Initiative

Excellent Connectivity

Excellent Connectivity

Excellent Connectivity

DestinationNumber of Flights per week

Glasgow 66

Edinburgh 51

Newcastle 35

Liverpool 84

Leeds/Bradford 31

Manchester 82

Cardiff 24

London Gatwick 62

London Heathrow 62

London Stansted 56

Nottingham 18

Bristol 21

Southampton 23

Invest NI Support

Why do people invest here?

• Access to talented people

• Excellent telecoms, ground and air links

• Excellent R&D infrastructure

• High quality property solutions

• Culturally compatible

• Close to customer/near shore

• Cost competitive

Cost Competitive

Property comparisons

Location Cost per sq ft (£)

Belfast 14.00

Bristol 27.50

Glasgow 27.50

Manchester 28.50

Edinburgh 29.00

Birmingham 32.50

London (city) 60.00

London (west end) 120.00

Belfast currently maintains the lowest net-rent in the UK.City centre rents - £11.50 to £14.00 per sq ft

Non city centre office rents - £6.00 to £11.50 per sq ft

Source: CB Richard Ellis

Grant for R&D• Continuum of R&D support from blue-sky

research to near market product development

• Available to all sizes of companies, working individually or in collaboration

• Grant rates from 25% to 80%

Thank you

Creating a Connected Health Ecosystem

inNorthern Ireland