Panel Announcement – Medical Device Investors Panel @ RESI Philadelphia

By Claire Jeong, Director of Research, Asia BD, LSN

claireRESI Philadelphia is less than 3 weeks away, and as with all of our previous conferences we will be featuring the “Medical Device Investors” panel. Out of the 4 main sectors represented at RESI (therapeutics, medical devices, diagnostics, and digital health), medical devices are the second most dominant. The types of technologies can range from novel biomaterials for various applications including drug delivery systems and tissue engineering, surgical devices with high potential to disrupt currently available procedures and standards of care, home-use devices that can be used by patients outside a professional care facility, etc.

The investors who will be at RESI bring forth various perspectives and strategies on investing in and partnering with medtech companies. Given the early-stage focus of RESI, we even see investors and strategic partners who welcome partnering meetings with those as early as pre-prototype. Here are the 5 panelists who will be joining the Medical Device Investors Panel at RESI Philadelphia:

  • Ibraheem Badejo, Sr. Director, New Ventures, Johnson & Johnson Innovation
  • Matthew Cohen, Director of Technology, Pangaea Ventures
  • Ronald Dorenbos, Head, Innovation Management & Scouting, Takeda Pharmaceuticals
  • Bryan Grulke, Partner, Volcano Capital
  • Shahram Hezaji, Partner, BioAdvance

The panel will run from 2:00 – 2:50 pm on the day of RESI Philadelphia, Monday, June 3rd, 2019. We look forward to seeing you all there!

Ibraheem Badejo, Sr. Director, New Ventures, Johnson & Johnson Innovation

Ibraheem (Ib) leverages his expertise in smart materials and biomaterials to support the medical device sector of Johnson & Johnson. From 2010 to 2013, Ib was a Research Fellow at Global Surgery Group of Johnson & Johnson, where he was responsible for external and front-end innovations and intellectual property for Ethicon Biosurgery. Previously, he was the Chief Scientist of Closure Medical Corp, and has held positions at Bayer, North Carolina State University, and the College of Charleston. He currently serves as an Adjunct Professor of Biomedical Engineering at Drexel University.

Ibraheem has led teams in the development of biomaterials-based products and new technology / products licensed or acquired. Ib received his PhD in organic chemistry from the University of Toledo. Ib received the Science Alumni Award, Avila University in 2014.  Ib is also the recipient of 24 US patents, and is well published in many peer reviewed journals.

Matthew Cohen, Director of Technology, Pangaea Ventures

Matthew Cohen brings experience and a passion for working with advanced materials and medical devices in both industry and academia. Prior to joining Pangaea Ventures, Matthew worked in established and startup companies involved in printed electronics utilizing nanotechnology, biotechnology, and environmental bioremediation. He performed various functions that included R&D, business development, product development, customer technical support, and international launch strategy creation while gaining valuable start-up understanding.

Matt holds an MPhil in Micro- & Nanotechnology Enterprise from the University of Cambridge and graduated summa cum laude from the University of Pennsylvania with a BSE in Materials Science & Engineering.

Ronald Dorenbos, Head, Innovation Management & Scouting, Takeda Pharmaceuticals

Ronald is Head of Innovation Management & Scouting at Takeda as well as Associate Director at Takeda’s Materials & Innovation team, a group that scouts for new technologies related to drug delivery and biomaterials. During his appointment at the Life Science division of PA Consulting Group, a British Consulting firm, Ronald led projects for some of the world’s top 10 pharmaceutical companies around strategy, commercialization and digital health. At his company BioFrontline he provides management, strategy and commercial advice to life science companies around the world. Ronald received MAs in Biotechnology and Molecular Biology and after obtaining a PhD in Pharmaceutical Biology spent six years at Harvard to study Parkinson’s, Schizophrenia and the genetics of aggressive behavior before making the transition to industry. Ronald is a keen follower of developments in the field of Artificial Intelligence (AI) and regularly invited as speaker to present on topics related to pharma, healthcare and AI.

Bryan Grulke, Partner, Volcano Capital

Bryan Grulke is a Partner at Volcano Capital, an early stage health care venture capital firm based in New York City.  Volcano Capital focuses on the medical device sector and has made 15+ investments to date.  Prior to joining Volcano Capital, Mr. Grulke worked as a strategy consultant at Bain & Company and in the corporate strategy group at Philips International. Mr. Grulke graduated from Harvard Business School and Duke University, summa cum laude with a BS degree in Economics.

Shahram Hezaji, Partner, BioAdvance

Shahram Hejazi, Ph.D., is a life science investor & entrepreneur. Over his 25+ year career, Shahram has invested and/or directed more than two dozen startups.  Since 2008, he has been a Partner with BioAdvance, where he serves on the Boards of 6 portfolio companies and is responsible for leading investments in medical devices, diagnostics, digital health. Shahram has also been on the faculty of Princeton University, since 2014. Previously, Shahram was the president of Kodak’s life science division, and before that, he was the founding CEO of Zargis Medical Corporation (a Siemens’ spin off). Prior to that, Shahram was the Global Head of the Strategic Business Development at Siemens Medical. Shahram is also the Chairman of the advisory board of Integral Molecular Inc., and the Chairman of PPDC at CHOP. Shahram has a Ph.D. in electrical engineering and an executive business education.

Check out the Agenda and Speaker Spotlight for 2019 Taiwan Biotech Forum

By Jessica Yang, Investor Research Analyst, LSN

The 2019 Taiwan Bio Forum is coming up on June 2nd! The forum will include some of the leading minds in innovative emerging biotechnologies within medical AI, regenerative medicine and the microbiome.

This event will feature more than 20 speakers, including experts from the biologics giant Regeneron, leading seed stage capital provider Ben Franklin Technology Partners, and next-generation AI solution builder Graphen. Join leading professionals in Philadelphia for business insights into the latest wave of advanced technology shaping the face of modern-day therapy.

Take a look at the agenda and the speaker spotlight:

 

Dr. Andrew E. Mulberg, Head, Senior Vice President, Global Regulatory Affairs of Amicus Therapeutics, Inc.

Andrew E. Mulberg is currently the Head, Senior Vice President, Global Regulatory Affairs of Amicus Therapeutics, Inc. which focuses on rare disease drug development. He is the former Division Deputy Director of Gastroenterology and Inborn Errors Products, Center for Drug Evaluation and Research (CDER), U.S. Food and Drug Administration (FDA) since 2010.

Andrew is Adjunct Professor of Pediatrics at the University of Maryland School of Medicine ,Adjunct Associate Professor of Pediatrics in the University of Pennsylvania School of Medicine and Associate Professor of Pharmacy at the University of the Sciences in Philadelphia.

Dr. George Yancopoulos, Founding Scientist, President & Chief Scientific Officer, Regeneron

George D. Yancopoulos, MD, PhD, has built and managed Regeneron alongside Dr. Schleifer since 1989. Dr. Yancopoulos is currently President and Chief Scientific Officer and has served on the board since 2001.

Dr. Yancopoulos, along with key members of his team, is the principal inventor of Regeneron’s six FDA-approved drugs and foundational technologies, including the TRAP technology, VelociGene® and VelocImmune®. He has been named an Ernst & Young Entrepreneur of the Year.

Hot Investor Mandate: Biotech-Focused China Fund Invests UP to $10M in Novel Therapeutics, Also Open to Diagnostics Companies Across North America

A biotech sector fund with headquarters in China is equipped with state-of-the-art instruments housed by modern laboratories in an artistically designed building. The firm works with top ten largest global pharmaceutical companies and small to medium sized US and Europe-based businesses in studies of gene-to-structure, in vitro and in vivo assays, target ID, ADME, animal models, and more.

The firm can allocate from $200,000 to $800,000 of equity capital in seed round companies and can make investments ranging from $1 to $10 million in series A companies. The firm looks to tailor its incubator and CRO services to the needs of its partners, helping them to reach key value-added milestones. The firm will consider opportunities based in China and North America, companies within a strong China angle involvement is their sweet spot. The firm is actively seeking in-licensing opportunities and plans to make 10-12 investments next year but is flexible.

The firm focuses mostly on therapeutics, while the firm is also open to Diagnostics. The firm can utilize its CRO services to advance portfolio company’s products into or through clinical trials. The firm is currently most interested in small molecule first-in-class drugs. The firm is opportunistic in terms of subsector and indication. For therapeutics, the firm is open to invest from super early-stage to pre-clinical stage. The firm will not invest in Medical Devices or Digital Health companies.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: USA Investment Firm with Ties to China Seeks Opportunities Across Disruptive Drugs, Devices, Diagnostics, and Digital Health Technologies

A US fund invests in early-stage startups in many industries with a preference for healthcare and IT technology. Typical equity investment size ranges from US$0.5-2 million in Pre-A to Series A stage companies. The firm is open to either leading or following in a syndicated round. The firm expects to make 10+ deals in the next 12 months and can invest globally with a focus on the US and Canada.

The firm considers broadly across healthcare industries including innovative drugs, medical devices, diagnostics, and digital health products. The firm has an increased interest in medical devices and imaging technology. The firm prefers companies that develop disruptive technologies to solve unmet medical needs.

The firm is looking for experienced management teams. The firm can leverage its innovation center in China to assist with commercialization in the China market.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: Family Office Makes Seed Investments in All Life Science Sectors, with Strongest Interest in Medtech Technologies

A family office that has been actively investing for several years, is supported by well-established Chinese partners and supports companies in venturing globally. To date, the firm has made over 20 investments, mostly in the medical device space. The firm focuses on making seed investments up to $500K, with $200K being the average check size. The firm is open to global opportunities.

The firm invests across all sectors of life sciences, including therapeutics, medical devices, diagnostics, and digital health, with most of its investments having been in medtech companies. The firm is technology agnostic and is open to all kinds of high potential opportunities.

The firm seeks to work with management teams with strong academic credentials and significant experience in successfully launching early-stage ventures. The firm prefers to co-invest.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Hot Investor Mandate: Trans-Atlantic VC Firm Invests in USA & Europe Startups Developing Early-Stage Technologies Across Biotech and Medtech

The firm is a trans-Atlantic venture investment firm focused on building innovative Life Sciences businesses in the UK, Europe and the USA. The firm has a highly experienced team that focuses on turning break-through science into approved medicines or medical products.

The firm starts and invests in early and mid-stage companies with a first-in-class or best-in-class approach. The investments are focused in new drug discovery – small molecules, biologics and new modalities – med tech, enabling technologies and vaccines.

The firm’s team are well connected team and experienced, and the team supports each investment. The firm works in close alignment with management teams, and partners with them to realize their vision and achieve financial returns by bringing innovation to patients.

If you are interested in more information about this investor and other investors tracked by LSN, please email mandates@lifesciencenation.com.

Get to Know Family Offices and Angels at RESI Philadelphia

By Lucy Parkinson, VP of Investor Research, LSN

Ever since Life Science Nation (LSN) first launched the Redefining Early Stage Investments Conference Series (RESI), we focused on bringing investors from beyond venture capital to meet face to face with entrepreneurs.  Angels and family offices are two of these alternative sources of early stage capital. These investor types are distinct from each other in many ways, and at RESI Philadelphia, the Angels & Family Offices panel will introduce RESI’s entrepreneurs to these distinctions and also the ways in which these private capital pools are working together to fund healthcare innovation.

This discussion will be led by Chuck Stetson (CEO, Stetson Family Office), and the panelists are:

  • Loretta McCarthy (Managing Partner, Golden Seeds)
  • Deanna Belsky (Associate, Dolby Family Ventures)
  • Yaniv Sneor (Founding Member, Mid Atlantic Bio Angels)
  • Richard Anders (Managing Director, Mass Medical Angels)

Chuck Stetson, CEO, Stetson Family Office

Eugene W. Stetson started the Stetson Family Office shortly after he personally led the buyout of The Coca-Cola Company through a public offering in August 1919 by the Guaranty Trust Company of New York, where he subsequently served as Chairman and just before he died and organized, he organize with the much smaller J.P. Morgan. At his death, Eugene was Coca-Cola’s longest serving member of the Board and of the Executive Committee. Chuck Stetson, the third generation running the family office, is an entrepreneur, venture capitalist, and philanthropist. The Stetson Family Office started Healthcare Impact Foundation, a 501-c-3 organization, in 2017 to bring capital and management expertise to local life science companies and to build and maintain an efficient life science eco-system composed of R&D facilities, incubation facilities, venture capital investors, angel investors, family office investors, and networks of experts in science, management, industry, reimbursement and public policy. Stetson Family Office has set up a unique Global Family Office BioForum with family offices around the globe working closely with their local healthcare innovation. Family Offices are responding with excitement.

Loretta McCarthy, Managing Partner, Golden Seeds

Loretta McCarthy is a Managing Partner and Founding Member of Golden Seeds, an investment organization that invests in early-stage, women-led companies in the United States.  Golden Seeds is one of the largest and most active angel investment networks in the country.  It was founded nearly 15 years ago and is recognized for its advocacy of women entrepreneurs, gender diversity and a commitment to education.   Since 2005, Golden Seeds has had over 800 investors who have  invested nearly $120 million in over 150 companies.   Loretta manages the national Golden Seeds angel network.  Previously, she was on Wall Street for over 20 years, at both American Express and OppenheimerFunds.

Deanna Belsky, Associate, Dolby Family Ventures

Deanna currently works at Dolby Family Ventures as an Associate where she is responsible for diligence efforts and portfolio management across the life sciences sector with a focus on neuroscience. Dolby Family Ventures invests in accelerating the path to a cure for Alzheimer’s disease. The portfolio includes novel disease-modifying therapeutics, diagnostics, and technologies that facilitate better science in clinical trials and basic research.

Prior to joining the Dolby Family Ventures team, Deanna worked at both a biotech hedge fund and a life sciences consulting firm where she conducted scientific, clinical, and commercial diligence around novel therapeutics. Before that, she served as a postdoctoral fellow at Stanford University where she studied molecular mechanisms of neurodegeneration. Deanna received her PhD from Rockefeller University studying underlying cell death mechanisms in a mouse model of ALS. She received her BS in Biochemistry and BA in Asian Studies from Indiana University of Pennsylvania.

Yaniv Sneor, Founding Member, Mid Atlantic Bio Angels

Yaniv Sneor is a (reformed) physicist, who made the transition into the business world after being bitten by the entrepreneurial bug.

Yaniv has been involved in founding, growing, managing and re-engineering companies for the past 25+ years, in multiple industries. He ran companies of different sizes and at different life-stages, led re-structuring activities, purchased and sold multiple companies, and negotiated and integrated joint ventures and strategic relationships.

Yaniv is one of the founders of MABA – Mid Atlantic Bio Angels (bioangels.net) a life science angel investor group.  He is president of Blue Cactus Consulting (bluecactusconsulting.com), and CEO of Native State Therapeutics, a recently-formed biotechnology company, in the neurodegenerative space.

Richard Anders, Managing Director, Mass Medical Angels

Richard Anders is is an investor and long-time entrepreneur. He founded the legal software publishing company Jurisoft, which he sold to Lexis/Nexis, published newspapers including Boston Digital Industry and New York Digital Industry and currently serves as managing director of Rubin/Anders Scientific, which places scientists as consultants in patent projects. He has invested in approximately two dozen early-stage startups.

Richard is a long-time trustee of the Museum of Science in Boston, where he is a member of the food committee, exploring science education around the issues of food and its preparation, a trustee of the Forsyth Institute and an overseer at the Brigham & Women’s Hospital and the Gardner Museum. Richard founded and currently runs MA Medical Angels (MA2), one of the country’s leading angel groups focused exclusively on life sciences. He has founded the angel group Launchpad, the nationally renowned Science on Screen event at the Coolidge Corner Cinema and was a founding trustee of the Massachusetts Interactive Media Council. He served for many years as a member of the Dana Farber Cancer Center Institutional Review Board. He is a board observer at Avaxia Biologics and Siamab. Richard teaches medical device entrepreneurship at the Harvard/MIT HST program. He is a graduate Summa Cum Laude in Mathematics from Harvard and holds a J.D. from Harvard Law School.