Garheng Kong, M.D., Ph.D., Chairman – Founder and Managing Partner of HealthQuest Capital
Dr. Garheng Kong is currently the Founder and Managing Partner of HealthQuest Capital, which he founded in 2013 as a Managing Partner at Sofinnova Ventures. Dr. Kong joined Sofinnova Ventures in 2010 as a General Partner to focus on life science investments. A physician and engineer by training, Dr. Kong has 16 years of experience investing in innovative healthcare companies with a long list of successes. For the previous 10 years, he was at Intersouth Partners, most recently as a General Partner. During this time he served as the founding investor and Chairman of Cellective Therapeutics (acquired by AstraZeneca), Chairman of Serenex (acquired by Pfizer), Chairman of Novamin Technologies (acquired by GlaxoSmithKline) and lead investor of the first financing for Alimera Sciences (Nasdaq: ALIM). He has also led or been significantly involved with the investments of Cempra Pharmaceuticals (Nasdaq: CEMP, Chairman), Viamet Pharmaceuticals (Chairman), Proteon Therapeutics, Applied Genetic Technology Corporation, TransEnterix, Calibra Medical (Acquired by Jonshon & Johnson), CancerGuide Diagnostics, Aldagen (Acquired by Cytomedix) and nContact Surgical. Dr. Kong currently serves on the boards of portfolio companies including Alimera Sciences (ALIM), Castle Biosciences, Cempra (CEMP), First Aid Shot Therapy, and Histogenics (HSGX).
Dr. Kong has also served or is serving on the boards of directors of Southeast BIO, the North Carolina Biotechnology Center, the Duke University Medical Center Board of Visitors, the Council for Entrepreneurial Development (CED), the Hamner Institutes for Life Sciences, the North Carolina Medical Device Organization, the University of Florida Biotechnology Council, the University of Virginia Ivy Foundation, the Pennsylvania Life Sciences Greenhouse, the Southeast Universities Research Association, the Investor Advisory Board for the Florida Institute for the Commercialization of Public Research and the Corporate Chaplains of America. He has also served on the Duke Medical Center Institutional Review Board (IRB) and on the faculty at the Duke Fuqua School of Business as a Senior Scholar. Dr. Kong received his M.D. (Medical Scientist Training Program), Ph.D. in biomedical engineering and M.B.A. from Duke University, graduating at the top of both his medical and business school classes. He also holds B.S. degrees in chemical engineering and biological sciences from Stanford University.
Josh Baltzell, Managing Director, Split Rock Partners
Mr. Baltzell is a Venture Partner at Split Rock Partners, LLC and also serves as a Venture Partner at SightLine Partners LLC, or SightLine. He has been with Split Rock Partners, LLC, since 2004 and with SightLine since 2014. Mr. Baltzell has over 20 years of experience in the healthcare industry. Prior to his tenure in the venture capital industry, Mr. Baltzell held roles as an investment banker at Piper Jaffray Companies from 2000 to 2002, where he focused primarily on mergers and acquisitions in the medical device sector, as well as various marketing and business development positions with SCIMED and Boston Scientific. Mr. Baltzell currently serves on the boards of Colorescience, EBR Systems, Inc., Entellus Medical (NASDAQ: ENTL), DFINE, Inc., and RF Surgical Systems, Inc. Mr. Baltzell holds a B.A. in Economics from St. Olaf College and an M.B.A. from the University of Minnesota’s Carlson School of Management.
David Gill, Chairman, Audit Committee
Mr. Gill is currently the Chief Financial Officer of EndoChoice, Inc., a medical device company which provides devices, diagnostics, infection control and imaging for specialists treating a wide range of gastrointestinal (GI) diseases. Mr. Gill joined EndoChoice as its Chief Financial Officer in August 2014. Prior to EndoChoice, Mr. Gill served as the Chief Financial Officer of INC Research, a clinical research organization, from February 2011 to August 2013 after having served as a board member and its audit committee chairman from 2007 to 2010. Prior to INC Research, Mr. Gill was the Chief Financial Officer of TransEnterix, Inc., a private medical device company from March 2009 to February 2011 and the Chief Financial Officer and Treasurer of NxStage Medical, Inc, a publicly-traded dialysis equipment company, from July 2005 to November 2006.
Mr. Gill also served as a director and audit committee chairman on two public life science company boards, LeMaitre Vascular, Inc. and IsoTis OrthoBiologics, Inc. and several private life science companies from 2006 to 2009. Earlier in his career Mr. Gill served in a variety of senior executive leadership roles for several publically-traded companies including CTI Molecular Imaging, Inc., Interland Inc., Novoste Corporation, and Dornier Medical Systems.
Mr. Gill holds a B.S. degree, cum laude, in Accounting from Wake Forest University and an M.B.A. degree, with honors, from Emory University, and was formerly a certified public accountant. He currently serves on the board of Cempra, Inc. (CEMP) as chair of the audit committee and on the board of visitors of the Wake Forest University Divinity School.
John Johnson, Independent Member
Mr. John Johnson recently served as chairman, president and chief executive officer of Dendreon from January 2012 to August 2014. Mr. Johnson also served as a member of Dendreon’s board of directors since August 2011. Prior to joining Dendreon, Mr. Johnson was the chief executive officer and a member of the board of directors of Savient Pharmaceuticals, Inc., from January 2011 through January 2012. Prior to that position, Mr. Johnson served as president of Eli Lilly & Company’s Oncology Unit, following the company’s 2008 acquisition of Imclone Systems, Inc., where he served as chief executive officer. Prior to joining Imclone, he served as the Company Group Chairman of Biopharmaceuticals within Johnson & Johnson, where he was responsible for the Johnson & Johnson Biotechnology, Immunology and Oncology commercial businesses. Prior to assuming that role, Mr. Johnson held several executive positions at Johnson & Johnson, Parkstone Medical Information Systems, Inc., Ortho-McNeil Pharmaceutical Corp., as well as positions at Pfizer, Inc. Mr. Johnson is the former Chairman of Tranzyme Pharma, Inc., and is currently a member of the board of directors for Cempra Pharmaceuticals, Inc., Sucampo Pharmaceuticals, Inc. (SCMP), a global biopharmaceutical company, and Histogenics. He also serves as a member of the board of directors for the Pharmaceutical Research and Manufacturers of America (PhRMA) and as a member of the Health Section Governing Board of Biotechnology Industry Organization (BIO).
Michael Lewis, Chairman of Oceana Investment Partners LLP
Mr. Michael Lewis has more than 25 years of experience in the investment management and retail industries. He is current Chairman of Oceana investment Corporation Limited, a private U.K. investment company, and is also a Partner of Oceana Investment Partners LLP, a U.K. investment advisor. Mr. Lewis is Chairman of Strandbags Holdings Pty Limited, an Australian retail company comprising some 450 stores and a Non-Executive Director of The Foschini Group Limited, a South African retail company with some 2000 stores.
Mr. Lewis serves on the Board of United Trust Bank Limited, a U.K.-based bank, and served on the Supervisory Board of Axel Springer AG in Germany from April 2007 to September 2012. He previously worked for Ivory and Sime, a money manager based in Scotland, and Lombard Odier, a money manager based in England. He has an undergraduate degree in political science and economics and a postgraduate degree in economics from the University of Cape Town.
Adam Gridley, President and Chief Executive Officer
Mr. Adam Gridley has over 20 years of experience in the medical device, biotechnology and pharmaceutical industries. Before joining the Histogenics team, Mr. Gridley served in several senior roles of increasing responsibility at Merz, a privately-held specialty healthcare company focused on the development and commercialization of products for aesthetics, dermatology and neurosciences, where he was most recently Senior Vice President of Technical Operations. During his time at Merz, he served as the global site head responsible for a variety of functions, including R&D, Manufacturing, Quality Operations, Finance and IT. Previously, Mr. Gridley was Senior Vice President of Corporate Development for BioForm Medical, Inc. a publicly-traded company that was acquired by Merz in 2010. His responsibilities included all business development, investor relations, strategic planning, and R&D functions, and he was part of the leadership team who led the Company’s IPO and subsequent acquistion by Merz. Mr. Gridley has held several key strategic leadership roles in the orthopedics space during his career including Director of Business Development and Investor Relations at Gliatech Inc. Mr. Gridley holds a Bachelor of Science and a Master of Business Administration from the University of Denver.
Kevin Rakin, Independent Member
Mr. Kevin Rakin has more than 20 years of experience in the biotechnology industry and was most recently the President of Regenerative Medicine at Shire plc, a leading specialty biopharmaceutical company (Shire). Prior to joining Shire, Mr. Rakin served as the Chairman and CEO of Advanced BioHealing (ABH) from 2007 until its acquisition by Shire for $750 million in June 2011. Before this, he served at the interim CEO of ABH and executive-in-residence at Canaan Partners. Previously, he was a co-founder, President and Chief Executive Officer of Genaissance Pharmaceuticals, a publicly-held pharmacogenomics company, until its merger with Clinical Data in October 2005. Prior to that, he was Genaissance’s President and Chief Financial Officer and was responsible for completing private and public financings in excess of $150 million.
Mr. Rakin currently serves on the executive committee for Connecticut United for Research Excellence (CURE), Connecticut’s bioscience cluster. He has previously served as a board member for Ipsogen SA, Vion Pharmaceuticals, OMRIX Biopharmaceuticals and Clinical Data. He holds an M.B.A. from Columbia University and received his graduate and undergraduate degrees in commerce from the University of Cape Town, South Africa.