This panel will examine the current funding landscape for early stage
biotechnology companies. In particular, we will discuss recent trends
in the discovery, preclinical, and early clinical development of
therapeutics entities such as small molecules, biologics, and
vaccines. For example, we have observed a shift in licensing of
technologies from universities in recent years; a significant
alteration in early (seed and series A) venture investment in
biotechnology technologies, and the emergence of a variety of
public/private partnership programs to improve the development of
research results into novel therapies and devices.
Networking session will follow.
Some points of discussion will include:
Moderator:
Jonathan Dugan, BioE2EPresenters:
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Dave Martin, CEO and Chairman, Gangagen, Inc.
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Dr. David W. Martin, Jr., M.D. is the CEO and Chairman of the Board of
the parent company, GangaGen Inc. He brings with him valuable
experience in the Biotechnology industry with which he has been
closely associated for over 20 years.
Most recently Dr. Martin was the CEO of Eos Biotechnology, Inc. a
leading, privately held R&D company in the field of genome-based
therapeutic antibodies. Dr. Martin started his career at the
University of California San Francisco where he taught for 13 years
and was Professor of Medicine and Professor of Biochemistry. He was
also an Investigator of the Howard Hughes Medical Institute for 8
years. Dr. Martin was recruited in 1983 to join Genentech where he
became the first Vice President of Research and Development. In 1990,
Dr. Martin was appointed Executive Vice President of R&D at DuPont
Merck Pharmaceutical Company. In 1994, Dr. Martin became President of
Chiron Therapeutics and Sr. V.P. of Chiron Corporation. Dr. Martin
co-founded Eos in 1997, and served as CEO of the company for the past
6 years until it was sold to Protein Design Labs Inc. in April
2003. He serves as a member of the Board of Directors of Varian
Medical System and of Cubist Pharmaceuticals.
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Shaun Kirkpatrick, Vice President and Managing Director, Research
Corporation Technologies
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Mr. Kirkpatrick is Vice President and Managing Director of Research
Corporation Technologies (RCT) where he designs and implements
programs for developing early stage life science technologies from
universities and research institutes. Most of these programs are
implemented in the form of a new company with the purpose of
commercializing a novel platform technology in
biotechnology. Mr. Kirkpatrick's experience and training, both in
economics and molecular biology, enable him to consider a range of
technical and market issues when designing and managing the new
ventures. In addition to overseeing direct financial investments, he
plays an active role in creating new companies around platform
technologies and then serving as the executive management during the
incubation phase. At RCT, Kirkpatrick has been involved with creating
and funding several startup companies and ventures such as Therapeutic
Human Polyclonals Inc., Sertoli Technologies Inc., Prolifia Inc. and a
joint venture with Abgenix Inc. developing antibodies to CD45.
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Brent Ahrens, Principal, Canaan Ventures
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Brent began his tenure at Canaan through the Kauffman Fellows
Program in July 1999 and subsequently joined the Canaan staff in
November 2000.
Prior to Canaan, Brent worked for a venture-backed medical device
company, GSI, where he managed business development, marketing, and
sales efforts. In addition to his experience at GSI, he also worked
for the Ethicon Endo-Surgery division of Johnson & Johnson where he
was involved with the development and launch of numerous products
that generate annual revenue in excess of $35 million. In addition
to his life sciences experience, Brent spent five years as a Senior
Research Engineer at IAP Research, developing a variety of
electromagnetic technologies for both defense and commercial applications.
Brent earned his BS and MS degrees in Mechanical Engineering from
the University of Dayton and an MBA from the Amos Tuck School of
Business at Dartmouth College. Brent is a Professional Engineer and
is the holder of three patents relating to medical technologies. He
currently serves on the Board of Directors at
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