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Archive for March, 2010

One of Lindsay Rosenwald’s Employees

March 30, 2010 at 10:31 pm

An ad was placed in the New York Times fifteen years ago, stating that an investment firm was in search of a Chief Executive Officer for specialized medical centers.

When I went to be interviewed, I was led into an office.  It was there I met Lindsay Rosenwald, and we talked for nearly 6 hours.  During the interview, Lindsay handled many calls simultaneously, met briefly with a limitless parade of visitors, and placidly executed trades from his observation of four screens displaying market activity.  When the day ended, I was told I was hired.  I was to return next morning to talk over details with him.

I called my brother Tom that night to share my interview with him.  He all but yelled into the phone, “You met with who?!  Do you have any idea who Lindsay Rosenwald is?!”

It’s a vast understatement for me to say that interview changed the rest of my life.

Through Lindsay Rosenwald, I found an opportunity that very few would have presented to me.  My background was in offering basic nutritional advice, but I had no grasp of finance and public markets.  Lindsay Rosenwald took the risk though, and I was brought into the universe of venture capital, merchant banking, public corporations, and finance.  This ended up being an amazing, fast-paced, intense educational experience.  My life had changed, and I was excited.

As a valued mentor and lifelong friend, I am very thankful to Lindsay.  Lessons I learned from him that I come back to time and again:

Choose a path and remain focused on it.

Pioneers get the arrows; settlers get the land.

It’s much better to own ten percent of the mine than one hundred percent of the shaft.

Don’t concern yourself with idle gossip if it is in regards to you.  In reality it’s idol worship.

Lindsay Rosenwald is highly intelligent, works tirelessly, and is relentless.  I have great admiration for those qualities.  However, I mainly will always remember that when I was chosen to join, it was based on him seeing potentiality around him that others seem to miss.  In most regards, I had been the most longshot of candidates for the position.  Lindsay Rosenwald cultivates the potential he sees and is the architect of an environment allowing for growth, thinking, creativity, and free thought while developing technologies.

Lindsay Rosenwald has done this, started and nurtured countless successful careers, more often than can be counted.  He is rarely acknowledged and thanked for it.  Everyone he chose was talented, but though we may be hesitant to admit so, we were able to express this talent because of the selfless efforts of people like Lindsay.

About Doctor Lindsay Rosenwald

March 17, 2010 at 12:31 am

Lindsay A. Rosenwald, M.D. possesses a degree in Finance from Pennsylvania State University (1977), a Doctor of Medicine from Temple University School of Medicine (1983), and completed his medical internship at Abington Hospital (1984). After running a private practice until 1986, he relocated to New York to combine his background in medicine and business, only to become of the world‘s most prolific biotechnology founders. He started Biocapital in 1991, which has since raised nearly one billion dollars for the development on biotechnology.

Dr. Rosenwald has made incomparable contributions to the fields of biotechnology and pharmaceuticals, as reflected by the number of companies he has founded and maintained.  He is the president of the Rosenwald Foundation, a charitable foundation that supports a number of scientific and medical educational organizations. In addition, he serves as director of several pubic and private biotechnology companies and is a member of the Columbia-Presbyterian Health Sciences Advisory Counsel. He is a leading founder of successful biotechnology and pharmaceutical companies, including Biocryst Pharmaceuticals, Titan Pharmaceuticals, Cypress Biosciences, Keryx Biopharmaceuticals, Javelin Pharmaceuticals, Polarx, and Enzymed Corp.

Dr. Rosenwald continues to grow as a thriving venture capitalist and hedge fund manager. With 20 years’ experience as a pharmaceutical and biotechnology financier, he remains a leader in the world of high-tech medicine and research development.


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