Thu, Apr 4, 2024

11:30 AM – 1 PM EDT (GMT-4)

Add to Calendar

E62-450

100 Main Street, Cambridge, MA United States

84
Registered

Registration

Details

Man Plans, God Laughs: A Personal Look At Early Stage Life Science Venture Investment

Location: E62-450
Time: 11:30am - 1pm
Lunch will be provided in person.
Join Zoom Meeting 
Password: 100

The pace of discovery in the life sciences is driving economic growth and public interest in the biomedical sector like never before. Venture capital transforms Invention and discovery from academia into product innovations that improve our health. The high risks associated with early stage investment are managed through the portfolio approach. The reality is that a minority of successes must pay for the majority of failures. There is often more to be learned from the scrutiny of failure than the acceptance of success -this session will cover a case vignettes from my own portfolio that illustrate how best laid plans go wrong. Due diligence investigation only covers the known unknowns but the assessment of risk should reach beyond the limits of anyone’s personal experience and benefit from the mistakes of others.

Carl Berke, PhD
He has more than 25 years of experience in the practice and management of innovation to bring new technologies from lab to market.

A Partner at Mass General Brigham Ventures and has more than 25 years of experience in the practice and management of innovation to bring new technologies from lab to market. As a bench scientist and R&D director, he worked at Polaroid Corporation and Hygeia Sciences in the development of photographic and clinical products for both consumer and professional markets – he is an inventor on six U.S. patents. He served as a Partner at Integral/Analysis Group, a consulting firm focusing on the management of innovation and growth strategy for clients in healthcare and consumer products. He has been an active private equity investor as a member of Angel Healthcare Investors LLC and is a founder of Mass Medical Angels.

Carl currently holds board roles for InStride Health, Pykus Therapeutics and SeQure Dx. He is a also currently a Board observer for Rippl Care, Tuesday Health, CardioSight and Lyndra Therapeutics and previously held board roles at Annovation [anesthetic agent], Combinent [women’s health], InfoBionic [cardiac monitoring], Kasalis [robotics], LifeImage [diagnostic image sharing], QPID Health [bioinformatics], Quosa [research literature management software], Sebacia [dermatology], Syntimmune [immunotherapy], and the Sudanese Education Fund [philanthropy].

Carl holds an A.B. degree from Cornell University and a PhD in Organic Chemistry from the University of California at Berkeley. He also served as a Lecturer at the MIT Sloan School of Management, teaching various courses on the topic of biomedical enterprise.

Food Provided

Speakers

Carl Berke, PhD's profile photo

Carl Berke, PhD

Partner

Mass General Brigham Ventures

https://www.linkedin.com/in/carl-berke/

Experienced biotech and digital health venture investor, with more than 25 years’ experience in the practice and management of innovation to bring new technologies from lab to market.



Carl holds an A.B. degree from Cornell University and a PhD in Organic Chemistry from the University of California at Berkeley. He also served as a Lecturer at the MIT Sloan School of Management, teaching various courses on the topic of biomedical enterprise.

Anne Quaadgras's profile photo

Anne Quaadgras

Director

MIT Sloan Health Systems Initiative

https://www.linkedin.com/in/anne-quaadgras-6208778/

Anne Quaadgras is the Director of the MIT Sloan Health Systems Initiative and a Senior Lecturer at  MIT Sloan.

Her work focuses on health systems transformation, and the role of information technology in supporting that change.


Prior to her doctoral work, Anne was a management consultant for fifteen years, specializing in improving decision-making and investment processes in the chemical, pharmaceutical, and financial services industries.

She holds a Bachelor’s and Master’s degree in chemical engineering from MIT. Anne earned her doctorate in information systems at Boston University, where her dissertation research explored how globally distributed groups of experts recognize and respond to operational problems.


Doug Williams's profile photo

Doug Williams

Product Lead

Martin Trust Center for MIT Entrepreneurship

https://www.linkedin.com/in/dcwusa/

Doug is the Founder of CentanniPark,  a full-service strategic consultancy for mobile and web technology, with projects underway for digital e-health, health equity, and affordable housing. As a technology leader for the latest FHIR healthcare data interoperability standards, Doug is serving as co-coordinator for the HL7 CodeX Consortium’s Quality Measures for Cancer in collaboration with MITRE and the Institute for Health Equity as part of HL7’s Gravity Project.

Previously, Doug was the Chief Product Officer and VP Strategic Accounts for
1upHealth, a leader in healthcare data technology through the use of the new FHIR standards.  Doug played a key role in the adoption of 1upHealth’s cloud-based FHIR platform by top health insurance companies, Medicaid states, hospital systems, and life science research partners, managing hundreds of millions of patients and billions of healthcare data resources. Under his leadership, the company grew from a team of four to over 150 employees today.

As a serial entrepreneur, Doug has held the positions of CTO and VP of Engineering and Product positions for multiple successful startups, including Zipcar, Runkeeper, and the Family Education Network. These roles have given him the opportunity to lead from the early startup stages through successful acquisitions and IPOs. He is also a mentor for MassChallenge HealthTech, the MIT Enterprise Forum, and the Dana-Farber Cancer Institute.

Doug enjoys spending time with his family, as well as running and cycling to train for events such as BikeMS, Pan Mass Challenge, and the Dana-Farber Marathon Challenge to raise funds for cancer and multiple sclerosis research. Doug has a Bachelor’s degree from Princeton University in Electrical Engineering and Computer Science, and an MBA from Harvard Business School.


Hosted By

Health Systems Initiative | Website | View More Events
Co-hosted with: Health Systems Initiative (OWNER)

Contact the organizers