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TCP Innovations Opens First US Office

October 6, 2009

CAMBRIDGE, England, October 6 /PRNewswire/ — TCP Innovations, the
Cambridge-based life sciences consultancy and seed investment fund, announced
today the opening of its first office in the United States. The company has
appointed Dr Robert W. Schroff as a Principal Consultant, who will lead a
growing team of US consultants, closely integrated with the existing European
group, to perform consulting projects for US clients. The US operation will
be managed through the new office in Seattle, Washington.

Founded in 2001, TCP Innovations has grown into one of Europe’s most
successful life sciences consultancies, covering therapeutics, diagnostics,
medical devices and healthcare technology. It has also been responsible for
founding half a dozen new life sciences businesses, including the rapidly
growing contract research organisation, Total Scientific, based on the
Babraham science park and Funxional Therapeutics, a clinical-stage
therapeutics company with exciting anti-inflammatory products in development,
which has offices in central Cambridge.

David Grainger, a Principal Consultant at TCP Innovations said: “Opening
an office in the United States, which represents the biggest market for our
services, is an exciting step forward for our company. In an industry
dominated by American companies, it is encouraging to see the UK exporting
our talent in this area while remaining firmly based in Cambridge”.

As he joined the company, Bob Schroff said “The world-class scientific
understanding and entrepreneurial experience that defines the TCP Innovations
team is very much in demand in the US, and I look forward to delivering these
services to the American market. Against a global backdrop of recession and
economic gloom, it is pleasing to see a company expanding into new markets
and going from strength to strength.”

The expansion into the US also marks a new departure for the seed
investment fund, which has recently supported a company based in the San
Francisco
bay area of California.

Notes to editors

About TCP INNOVATIONS

TCP Innovations Ltd is a life sciences consultancy headquartered at
Babraham Hall, just south of Cambridge, UK. The team consists of eight
Principal Consultants and more than thirty consultants covering technical,
commercial and strategic projects across the whole life sciences area. The
company seeks to provide all the necessary components to successfully
commercialise exciting new inventions emerging locally and globally, turning
good science into great products. In addition, since 2008 the company has
also had an expanding Media practice, advising PR and communications firms on
the scientific aspects of large projects.

Website: http://www.tcpinnovations.com

SOURCE TCP Innovations Ltd


Source: newswire



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