ANNUAL REPORT 2012 - TiGenix

8. Employees
TiGenix relies on a team of experienced
professionals in all areas required to meet
its strategic objectives including research
and development, medical and regulatory,
manufacturing, business development,
product development, infrastructure,
intellectual property and finance.
On December 31, 2012, TiGenix NV had
a total of 27 permanent employees
and mandate contractors (Full Time
Equivalents). About 35 % work in research
and development activities (including
clinical development and manufacturing),
about 29 % in commercial operations, the
remainder in corporate functions. Corporate
functions include finance, human resources,
legal, ICT, business development, investor
relations, and intellectual property.
On December 31, 2012, TiGenix SAU had a
total of 34 permanent employees. About 71 %
of these persons are engaged in research
and development activities (including
clinical development and manufacturing),
the remainder in corporate functions.
On December 31, 2012, TiGenix BV had
in total 6 permanent employees. All are
working in manufacturing, which is classified
in research and development activities.
102 TiGenix I annual report 2012