---
title: "(NU/1433-37) NewCo: The Provision of Business Consultancy to Assist Commercialisation of University Research."
ocid: "ocds-b5fd17-869fb8d3-6d95-4480-bf4b-076d7c23afe4"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-869fb8d3-6d95-4480-bf4b-076d7c23afe4"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-869fb8d3-6d95-4480-bf4b-076d7c23afe4.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-869fb8d3-6d95-4480-bf4b-076d7c23afe4.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "NEWCASTLE UNIVERSITY"
published: "2022-09-30"
---

# (NU/1433-37) NewCo: The Provision of Business Consultancy to Assist Commercialisation of University Research.

Buyer: NEWCASTLE UNIVERSITY  
Current stage: Award  
OCID: ocds-b5fd17-869fb8d3-6d95-4480-bf4b-076d7c23afe4

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## Summary

Newcastle University has awarded a £30,000 contract to Cambridge Drug Discovery for the provision of business consultancy services. The contract period is from 26th September 2022 to 30th June 2023. The tender, titled "(NU/1433-37) NewCo: The Provision of Business Consultancy to Assist Commercialisation of University Research," falls under the business and management consultancy services category. The procurement method used was a selective procedure, with a tender period ending on 19th August 2022. The contract is aimed at initiating phases to review targets, secure seed finance, and draft funding proposals for preclinical studies.

This procurement opportunity can benefit small and medium-sized enterprises (SMEs) in the business consultancy sector. Businesses well-suited to compete are those with expertise in commercialization of research, drug discovery, and investment pitching. The contract presents a chance for growth by collaborating with Newcastle University and contributing to advancing cancer and neurodegenerative disease research. Companies with capabilities in navigating approval processes, securing funding, and developing business plans are encouraged to participate in this exciting opportunity.

## Notice

Cancer and neurodegenerative diseases represent major unmet medical needs. It is estimated that approximately 20% of oncogenes are transcription factors (TFs) and many are critical for carcinogenesis. The global Cancer Drugs market was valued at US$92Bn in 2019 and is expected to reach US$124Bn by the end of 2026. The global neurodegenerative diseases drugs market size was valued at US$35.5Bn Million in 2018 and is projected to reach US$63Bn by the end of 2026. Specifically, we plan to target three cancer related TFs, (ATF4 CREB, and ID1) which are implicated in a range of cancer types that include glioma, breast cancer, acute myeloid leukaemia, and the aggregation of a-synuclein and amyloid implicated in Parkinson's Disease and Alzheimer's disease respectively. The initial brief of the executive will be to: Phase (1) September 2022 - December 2022 - Work with Jody Mason and Uni TT team to review current targets, oversee screening programme and lead candidates and produce a viable 5-year business plan and associated pitch deck; Phase (2)September 2022 - December 2022 - Navigate University approval process, work with TT team to get approval from the University Commercialisation Executive Board Phase (3) January 2023-March 2023 - a. Act for the company in the spin out legal process and review the Articles of Association, Shareholder's agreement and IP licence put together by the University; b. Work with the Unit TT team to obtain founder academics' and University approval for appointment as CEO. c. Provide to the University of Bath all matters necessary for Research England reporting requirements. Phase (4) January 2023-June 2023 - Pitch to investors alongside Jody Mason, secure seed finance, draft and submit Innovate UK proposal for preclinical funding Phase (5) The outcome of Phase 4 will provide seed finance and IUK funding for preclinical studies, which will be sufficient to employ the executive and drive preclinical development. The appointment of the executive as CEO will be at the discretion of the board and the University of Bath and will be subject to confirmation, typically at Stage 4 above.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/c2dc1e8e-eba7-40c1-9eaf-71a6046956f5 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Selective |
| Procurement method details | Restricted procedure |
| Tender suitability | SME |
| Awardee scale | SME |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 30 Sep 2022 |
| Submission deadline | 19 Aug 2022 |
| Future notice date | Not specified |
| Award date | 20 Sep 2022 |
| Contract period | 25 Sep 2022 - 30 Jun 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £30,000 |
| Lots value | Not specified |
| Awards value | £30,000 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | NEWCASTLE UNIVERSITY |
| Locality | NEWCASTLE |
| Post town | Newcastle upon Tyne |
| Postcode | NE1 7RU |
| Country | England |
| ITL 1 | TLC North East (England) |
| ITL 2 | TLC4 Northumberland, Durham and Tyne & Wear |
| ITL 3 | TLC43 Tyneside |
| Local authority | Newcastle upon Tyne |
| Electoral ward | Monument |
| Westminster constituency | Newcastle upon Tyne Central and West |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | CAMBRIDGE DRUG DISCOVERY |

## CPV Codes

### Divisions

- 79 - Business services: law, marketing, consulting, recruitment, printing and security

### Codes

- 79400000 - Business and management consultancy and related services

## Release History

- 30 Sep 2022 at 08:23 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/c2dc1e8e-eba7-40c1-9eaf-71a6046956f5

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/c2dc1e8e-eba7-40c1-9eaf-71a6046956f5
  30th September 2022 - Awarded contract notice on Contracts Finder

## Notice URLs

- https://www.ncl.ac.uk

## Provenance

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