Lindsay Rosenwald and His Contribution to Bio Technology
Posted in Rosenwald Businesses on April 22nd, 2010 by admin – Be the first to commentAs is among the most respected business people within the field of biotechnology, Dr. Lindsay Rosenwald’s countless contributions to that industry is as the Founder and Chairman of a Group of Companies. These kinds of projects consist of a company that helps to facilitate and synchronize drug development and corporate development pursuits, a global pharmaceutical drug development and health care investment organization specializing in the conception, nurturing, and assistance of new biotechnology firms. Also boosting its numerous portfolio companies is a listed broker-dealer with Financial Industry Regulatory Authority, Inc., or FINRA.
After graduating from Abington High School in southeastern Pennsylvania in 1973, Dr. Rosenwald went to Pennsylvania State University as a Finance major. He graduated as a member of Beta Gamma Sigma, an extremely regarded and acclaimed honor society, then proceeded to study at Temple University’s School of Medicine. After completing his studies at Temple, Dr. Rosenwald went into private practice where he continued until 1986. At that time, he relocated to Wall Street to serve as a physician/financial expert, a specialized mixture of career fields that not many boasted at that time.
Dr. Lindsay Rosenwald has revolutionized the field of bioresearch and biotechnology. One of his portfolio firms hold the record for a drug, Arsenic Trioxide, moving most quickly from development to Food & Drug Administration acceptance. Yet another of his firms, Cougar Biotechnology, was bought by J&J in 2009 mainly due to their work with abiraterone acetate. This drug wasn’t yet in stage III medical tests for its application in the management of prostate cancer but was so promising that Johnson & Johnson purchased the company in a “short-term merger” for around $1 billion. It’s intriguing to take note, Abiraterone acetate is founded on Traditional Chinese Medicine practices. Aside from providing initial funds to a lot of of today’s most notable bio-tech companies, Dr. Rosenwald also supports many charities and institutions though the Rosenwald Foundation, of which he’s the chairman. His generous gifts provide the means for scientists to develop the medications for the future.
With all of his different knowledge and qualifications, Dr. Rosenwald leads the world in cutting edge research and development in the bio-tech field. It is because of his special combination of education and knowledge in the finance and bio-tech world that he can incorporate experiences from both fields and build distinctive new experiences. There are very few people on the globe that can match Dr. Rosenwald’s impressive achievements in such a highly specialized field.

