Appointment Marks Increasing Drive into US Markets

BioAscent Discovery, which offers a full range of drug discovery services has announced the appointment of Julian Abery, Director of Business Development, North America who will spearhead the company's continued growth into the expanding US market. Julian brings a wealth of knowledge and experience in the US-based pharma and biotech research market, having previously served in senior positions in both discovery services and instrumentation companies.

The company’s services are said to reflect the strategic outlook of the industry, which continues to outsource more and more of its R & D. With growing investment in US biotech, US-based companies are also finding it increasingly difficult to hire talent1 - a further driver for the outsourcing of research. The UK has become a leading location for this outsourced research due to the quality of research, IP security, cost-effectiveness and language.

Commenting on his appointment, Mr Abery said: “While it can seem like a crowded field, what attracted me to the BioAscent role was the fact that it’s not just an integrated discovery services company, but the quality and credentials of the scientific team at BioAscent. In addition, almost uniquely BioAscent also offers compound management and on-site access to a large, diverse IP-free compound library as well, so even smaller biotechs can access ‘big pharma’ facilities easily and dependably.”

“Over the last 12-18 months we’ve seen a growing number of enquiries for our services from US-based clients,” said Paul Smith, BioAscent’s CEO. “While this follows the trend, what sets BioAscent apart is the percentage of enquiries that have become clients, which is significantly above the industry average. This ongoing period of really strong growth is based on our unique combination of scientific excellence, state-of-the-art facilities and range of services, and I’m really pleased to welcome Julian to the team to head up our US expansion.”

1.JLL Research Report: Life Sciences Outlook, US 2019.