Archive for May, 2010

Dr. Lindsay Rosenwald – The Success Story

Posted in About Lindsay Rosenwald on May 2nd, 2010 by admin – 32 Comments

Today Biotechnology Industry is a fast track. Dr. Lindsay Rosenwald has become a leading personality in this Industry. The activities are well-diversified. Dr. Lindsay Rosenwald contributed to the development of the Biotechnology Industry. The Portfolio Companies are engaged in the advancement of Drug research and development.

Another company of  Dr. Lindsay Rosenwald is having network across the globe in the field of HealthCare Investment and Development. This company also gives guidance to new comers in this field and has become Role model to them. It is engaged in financial services and venture capital and also a Registered Broker-Dealer. At present this company accumulated funds nearly worth $950,000,000 since its birth in the year nineteen ninety nine.

Regarding his academic career Dr. Lindsay Rosenwald completed his graduate from Abington High School in Pennsylvania in the year nineteen seventy seven and after that he did graduation in medicine from Temple University School of medicine. After completion of internship at Abington Medical Hospital he carried on private medical practice for about two years. Later in 1986 he shifted to Wall Street. There he made use of his combined knowledge in the spheres of medicine and finance. At that time very few people had the combination of knowledge of both the disciplines. Dr. Lindsay Rosenwald’s combination of knowledge in both medicine and finance laid fast tracks that today kept him on fore front of success in the field of Biotechnology and Finance.

During his career as an Entrepreneur he has funded a number of world famous companies.  After that the expansion was very fast and there was a great increase in the number of companies managed by him. All the companies have worked with the main object of financing to help the research and development and advanced research in the field of Biotechnology. Dr. Lindsay Rosenwald’s Group of Industries has made grand success in the Drug invention. One example in the connection is Cougar Biotechnology, one of his groups of companies, that has been engaged in examining its application in the treatment of prostate cancer. This company was purchased by Johnson and Johnson Company at a huge amount of one billion dollars.

Dr. Lindsay Rosenwald also established Rosenwald Foundation which is charitable foundation and is engaged in research and development in drugs and clinical research. He is also acting as Director and CEO in many numbers of private and public companies across the globe. He formulated and sold way a number of companies with FDA’s approval. Polarx was taken over by Cell Therapeutics and Myraid Pharmaceuticals purchased Javelin Pharmaceuticals and Enzymed Corporation was acquired by Albany Molecular. The secret of his success is acquisition of combined knowledge and experience in the fields of medicine and finance.

His investment portfolio speaks volumes about his vision orientation and forward thinking.  His strong belief is that there will be a tremendous growth in the area of biotechnology in the coming twenty years.  The rate at which the industry is going, it is sure that we will see a very good number of changes.  According to Rosenwald, upcoming medical discoveries will come via small biotech businesses, which are concentrated in, on producing only a few products, as opposed to a huge biotech organization, which has many projects in work at once. He believes the two most pressing issues we encounter these days are heart disease and cancer.