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Former AstraZeneca Exec Bolsters Eos Advisory Leadership Team

David Paul

,

Eos Advisory

Chris Brinsmead said he was “excited” to start work with Scottish startups which can “have an impact worldwide”.

Scottish startup Eos Advisory has announced the bolstering of its board with a high-profile appointment.

Chris Brinsmead CBE has joined the firm as a partner, strengthening the leadership team at the St Andrews-based investment firm.

Brinsmead has previous experience as a council member at Imperial College London and is a former adviser to the UK Government on life sciences, as well as holding senior executive roles at ICI, Zeneca and AstraZeneca.

Over the last decade, Brinsmead has been a non-executive board member and chair on a number of private and public limited company boards.

Andrew McNeill, Managing Partner, Eos Advisory, said: “We have always had an enormous amount of respect for Chris’s achievements in the UK and international pharmaceutical sector, and have then had the pleasure of working more closely with Chris on Cumulus Oncology and other Eos-backed ventures in recent times.

“Bringing Chris on board is a milestone event for the firm and is a sign of our ambitions for the future.”

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Commenting on his appointment, Brinsmead said: “Meeting the team over the last two years and investing in a couple of their companies I realised that I was fully aligned with the goals of the Eos partners.

“Eos is a group of hugely talented, diverse individuals with tremendous experience. I believe that by joining the partnership, I can help to strengthen their work and potentially increase the impact.

“I am excited to identify and work with startup companies, conceived in Scotland, focussed on four distinct themes, all of which can have an impact worldwide.

“Some of these companies may grow to be global players, making a positive impact on the environment and human health.”

Founded in 2014 by Chairman Kevin Grainger, Eos has a portfolio of 13 investee companies including, ILC Therapeutics, 3FBio, Xelect and Cumulus Oncology.

The firm has invested in four key impact areas:

  • Disease prevention and treatment.
  • Energy security, climate change and pollution.
  • Food and water security.
  • Sustainability of industrial processes and infrastructure.

Eos says it eyes “specific opportunities with strategic investments” in novel oncology technologies and treatments and CleanTech solutions but says it “will remain active on a deal-by-deal basis in all four of the wider impact areas”.

The firm saw another appointment in November, as Mark Beaumont joined its leadership team to help deliver its strategic growth plans over the coming years. The strengthening of the Eos senior executive team is the first in a series of forthcoming announcements which the company says will support its strategy going forward.

Earlier this month, Eos led the investment round into RAB-Microfluidics, the Aberdeen-headquartered “laboratory on a chip” oil analysis startup, alongside London-based Newable and Scottish Enterprise.

David Paul

Staff Writer, DIGIT

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