Foresite Capital was founded by Jim Tananbaum who is also the Chief Executive Officer. It is a private healthcare firm founded in 2011 that aims at identifying upcoming leaders from healthcare. The firm helps them to grow profitably by providing them with information, capital, and network.
Before Jim Tananbaum founded Foresite Capital, he was a co-founder of two companies that lead in bio-pharmacy. He also invested in two healthcare practices. The market received two drugs from GelTex Pharmaceuticals NASDAQ: GENZ which was also founded by him. Jim held the position of CEO of Theravance, Inc. of which he was a co-founder. Check out Patient Daily to know more.
According to Market Wired, Jim is well experienced in investment. He was a partner in the founding of Prospect Venture Partners II and III. His partnership with Sierra Ventures saw him propel the establishment and investment of practices based on healthcare which was one among his many investments. Visit LinkedIn to know more.
In Harvard, he received his M.B.A and M.D while at Massachusetts Institute of Technology he got his M.S in Yale as an electrical engineering and math/ computer science major. Jim had a passion for intermarrying computer science and science with health care from his high school. His passion has seen him work with academicians and entrepreneurs in realizing growth and commendable change.
Jim Tananbaum reveals that Foresite was propelled by him being an entrepreneur in healthcare for more than twenty-five years. Foresite is a platform that nurtures the future of healthcare according to Jim. 77 health care companies have benefitted from Foresite.
Jim’s day is spent with members of his team mostly in meetings or on calls that discuss updates on existing companies, presentation of new companies and networking with healthcare leaders. He values family and has dinner with them or with friends.
He ensures that ideas come to life by engaging with smart and effective healthcare leaders who give scientific discovery that ensures the most impact on healthcare. Jim likes how entrepreneurs use the innovative science to solve healthcare issues. His passion for academics drives him to sort the best ideas science offers on health care matters. Jim believes in teamwork and emphasizes on believing in oneself. He encourages risk taking as this ensures multiple returns.