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About | Board of Directors |
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Jay P. Shepard
Jay joined NextWave Pharmaceuticals in 2010 as President and CEO. He has more
than 25 years experience in the pharmaceutical, biotechnology and drug delivery
arenas. In addition to his responsibilities as CEO to NextWave Pharmaceuticals
Jay maintains a strategic advisor relationship with Sofinnova Ventures (NextWave
Pharmaceuticals is a Sofinnova portfolio company). Jay joined Sofinnova in 2008,
as an Executive in Residence.
Prior to Sofinnova Ventures, Jay was President and CEO of Ilypsa, a nephrology
therapeutics company acquired by Amgen for $420 million. He then helped with
Ilypsa's spin-out of Relypsa, serving as interim President and CEO. Before
Ilypsa, Jay served as Vice President, Commercial Operations at Telik, where he
was responsible for all activities relating to market preparation toward the
launch of the company's lead oncology compounds. He was also Vice President of
ALZA Pharmaceuticals' Oncology Business Unit, having held leadership positions of
increasing responsibility in the establishment and operation of ALZA's specialty
pharmaceutical sales and marketing group. Jay began his career in pharmaceutical sales and marketing at Ortho
Pharmaceutical and Syntex Laboratories.
Jay holds a B.S. in Business Administration from the University of Arizona.
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Gaurav Aggarwal, M.D.
Dr. Aggarwal is a Partner at Panorama Capital and focuses on life sciences investments.
He currently serves on the board of directors of Alvine Pharmaceuticals, Hyperion Therapeutics
and NextWave Pharmaceuticals, and was previously on the board of directors at Flowcardia,
PIramed and Microscience Investments Limited. Dr. Aggarwal was closely involved in the
firm’s investments in Amarin Corporation and Presidio Pharmaceuticals. He was previously
employed by KBL Healthcare Ventures, where he also focused on venture capital investments in
biopharmaceutical and medical device companies. Dr. Aggarwal was involved with KBL's investments
in Achillion Pharmaceuticals, ISTA Pharmaceuticals, Neuronetics, and Spinal Concepts, and was a
board observer at each company. He was also involved with KBL's investments in Corixa Corporation
and Scynexis. From 1997 to 1999, Dr. Aggarwal was in the venture capital group at Wasserstein
Perella & Co.
Dr. Aggarwal received his M.D. from Columbia University, College of Physicians & Surgeons
and his B.S. in Business Management from Cornell University.
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Robert Casale
Chief Executive Officer and Co-Founder of Scerene Healthcare. Bob has over 23 years of healthcare
experience. Most recently, Bob was the Chief Operating Officer of Adams Respiratory Therapeutics.
He joined Adams in 2004 as Vice President, Marketing and Business Development and was named Chief
Operating Officer in 2006. Bob was a driving force behind the growth of the Adams business, which
grew from $60 million to near $500 million under his leadership. He led the diversification of
the Adams' portfolio of products by launching Mucinex D and DM, Mucinex for Children, Mucinex
Nasal Spray, and acquiring the Delsym brand. Adams was sold to Reckitt Benckiser in 2008 for $2.3
billion.
Bob began his career in 1983 at a Wall Street law firm and joined the legal division of Warner Lambert
in 1986. In 1993, he was appointed Warner-Lambert's Vice President of Marketing for the company's upper
respiratory and gastrointestinal (GI) consumer products and oversaw several brands, including Benadryl,
Sudafed, Zantac 75 and Rolaids. Bob also served as a global vice president for Warner-Lambert's GI and
skin care businesses. Following Warner-Lambert's acquisition by Pfizer Inc., Bob served as Vice
President, Strategic Planning and Business Development for Pfizer's Consumer Healthcare Division.
Bob is also the non-executive Chairman of Topaz Pharmaceuticals.
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Steve Elms
Steve joined the Perseus-Soros BioPharmaceutical Fund ("PSBF") in 2000, and currently serves
as a managing director of Aisling Capital LLC, which is a successor fund to PSBF. Previously, Steve
was a Principal in the Life Sciences Investment Banking Group of Hambrecht & Quist for five years
where he was involved in over 60 financing and M&A transactions, helping clients raise in excess
of $3.3 billion in capital. Prior to H&Q, he traded mortgage-backed securities at Donaldson,
Lufkin & Jenrette for two years. His previous healthcare sector experience includes over two years
as a pharmaceutical sales representative for Marion Laboratories and two years as a consultant for
The Wilkerson Group. He currently serves as a director of Bioenvision, Inc. (Nasdaq: BIVN) and a
number of private companies.
Steve received a BA in Human Biology from Stanford University and an MBA from the Kellogg School of
Management at Northwestern University.
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Hingge Hsu, M.D.
Hingge joined Fidelity Biosciences as a Venture Partner in April 2009. Most recently he was a Managing Director
at Lehman Brothers in their Private Equity Group, responsible for their principal investment activities in the
private and public sectors of the healthcare industry. Prior to that, he was a Partner at Schroder Ventures
Life Sciences from 1998 to 2001 and directed their US investment activities in the life sciences and
therapeutics sectors. Hingge was also a Principal at Robertson Stephens in the Healthcare Investment
Banking Group and worked at Chiron Corporation and Gensia, Inc in the areas of business development and
strategic planning.
Hingge received an MD degree from Yale University School of Medicine and was trained in internal medicine
at Brigham and Women's Hospital and Harvard Medical School. He also received an MBA degree from Harvard
Business School.
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Frank Kung, Ph.D.
Frank is a Managing Partner and one of the founders of Vivo Ventures. He has been working in the biotechnology
industry since 1979, when he joined Cetus Corporation. Frank co-founded Cetus Immune (1981), now part of
Chiron/Novartis, and Genelabs Technologies (1984), where he served as chairman and CEO until 1996 and took
the company public with Dr. Engleman in 1991. He has served on the board of directors of the Biotechnology
Industry Organization (BIO) and its predecessor for four years. He is the recipient of the Best Use of
Technology Award from the state of California, the Entrepreneur of the Year Award from Ernst and Young,
and the Entrepreneur of the Year Award from the Asian Business League.
Frank received his BS from the National Tsing Hua University in Taiwan, and his PhD in molecular biology and
MBA from the University of California, Berkeley.
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Anand Mehra, M.D.
Anand joined Sofinnova Ventures in 2007 to focus on biopharmaceutical investing. Anand’s diverse background
equips him to work with entrepreneurs on scientific, clinical, and strategic levels. Currently, Anand is a
director of Vicept, Marinus, and Nextwave Pharmaceuticals and played an instrumental role in the firm’s
investments in Hyperion and PregLem. Prior to joining Sofinnova Ventures, Anand worked in JP Morgan’s
private equity and venture capital group, where he was heavily involved in new investments, management of
their public portfolio, and the firm’s spin-out from the bank. Before joining the venture community,
Anand was a consultant in McKinsey & Company's pharmaceutical practice, advising pharma and biotech on
key strategic issues, and an NIH-funded Fellow focused on reperfusion injury in stroke.
Anand received his M.D. from Columbia Medical School and graduated Phi Beta Kappa from the University of Virginia.
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Dayton Misfeldt
Dayton Misfeldt is an Investment Partner at Bay City Capital and has been with the firm since May 2000.
Mr. Misfeldt focuses on biopharmaceutical investment opportunities, and has been involved in a number of investments,
including MAP Pharmaceuticals, Oculex Pharmaceuticals and Pharmion Corporation. Mr. Misfeldt is a member of the
boards of directors of Aciex , Sunesis Pharmaceuticals and NextWave Pharmaceuticals, and participates as an observer
on the board of directors of Presidio Pharmaceuticals. Prior to joining Bay City Capital, Mr. Misfeldt was a
Vice President at Roth Capital Partners where he worked as a sell-side analyst covering the biopharmaceutical industry.
He also worked as a Project Manager at LifeScience Economics.
Mr. Misfeldt received a BA in Economics from the University of California, San Diego.
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Patrick J. Zenner
Pat has over 40 years experience in the pharmaceutical, biotechnology and life sciences industry. He is
currently chairman of the board of ArQule Inc., a clinical stage biotechnology company and Exact Sciences, a molecular
diagnostics company. Pat also serves as a director of West Pharmaceutical Services, Xoma Ltd. and Endotis Pharmaceuticals.
He previously served as a director of Genta Inc., Praecis Pharmaceuticals, Dendrite International, CuraGen Corporation,
Sciele Pharmaceuticals and Geron Inc. Pat retired from Hoffmann-LaRoche Inc. a multinational pharmaceutical company
in 2001 after a 32 year career with the company. He joined the company in 1969 as a medical sales representative and
subsequently held a number of domestic and international management positions. In 1993 he became Chief Executive Officer,
North America.
Pat has a BSBA degree from Creighton University and an MBA from Fairleigh Dickinson University. He is a trustee of both
Universities and is Chairman of the board at Fairleigh Dickinson.
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