Denise Scots-Knight has developed a formula for success that’s seen her company, Mereo BioPharma (AIM: MPH), go from zero to IPO within a year.
It’s a formula she honed as managing director of Nomura’s life science investment arm, Phase4 Ventures, and that she and her management team continued to develop after they span the company out from the Japanese investment group in 2011.
One key to Mereo’s strategy is attention to detail. Dr Scots-Knight says that, at Nomura “We built a team that was very good at selecting products and management teams to invest in. We were known for doing very very detailed diligence around all aspects of a product.”
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