Paul Philips
[FOI #22380 email]
5 November 2009
Our Ref: FOI 2009/188 – F0077131
Dear Ms Philips,
Re: Freedom of Information (Scotland) Act 2002 – Request for Information
Thank you for your email which was received by the University on 2 November 2009 timed
22:00 hours, requesting the following information:
In response to a previous enquiry regarding spin-out valuations
(http://www.whatdotheyknow.com/request/18453/response/51180/attach/html/2/RESPONSE%
20F0072089.pdf.html) it was stated that two of the companies with a base outwith Scotland,
Pathfinder LLC and Cara Therapeutics, were created and financed by US based groups, not
the University of Glasgow.
In relation to the US-based spin-out companies Pathfinder LLC and Cara Therapeutics:
1) Can you please provide information on whether the US-based groups financed the
research and development work that led to the creation of the companies?
2) If not, who funded the research work, e.g. other sources such as UK Research Councils?
3) Did the University incur any legal fees in the creation of these companies?
4) If so, how much and were these paid from University funds, or did the US-based companies
pay these too?
5) Why is the Scottish taxpayer funding the creation of companies that will never create jobs in
Scotland? In the current economic climate, surely the taxpayers' money should be used to
benefit Scotland rather than wasting it on US-based spin-out companies?
As the University of Glasgow is a Scottish Public Authority, your request is subject to the
terms of the Freedom of Information (Scotland) Act 2002 (“FOISA”). The University
acknowledges receipt of your request and confirms a response will be sent to you promptly;
DATA PROTECTION AND FREEDOM OF INFORMATION OFFICE
Main Building, University of Glasgow, Glasgow G12 8QQ
Data Protection: Telephone: 0141-330-3111
E-Mail: [email address]
Freedom of Information: Telephone: 0141-330-2523
E-Mail: foi@gla.ac.uk
The University of Glasgow, charity number SC004401
and in any event not later than 1 December 2009
. The Freedom of Information Office will
contact you if we require any further information.
Yours sincerely,
Data Protection and Freedom of Information Office
The information that you supplied with your Request for information will be entered into
a filing system and will only be accessed by authorised persons of the University of
Glasgow or its agents. The information will be retained by the University and will only
be used for the purpose of (a) processing your Request for information, and (b) for
statistical and audit purposes. By supplying such information you consent to the
University storing the information for the stated purpose. The information is held by the
University in accordance with the provisions of the Data Protection Act 1998.