Jim Tananbaum & Foresite Capital Is Accelerating The Best In Healthcare

Jim Tananbaum was recently interviewed by IdeaMensch where they had the opportunity to discuss how he came into his current success, where the idea for Foresite Capital came from, how ideas are developed, and the more personal things about his life like what a typical day looks like. He has had an adventurous young adult life in which he founded biopharmaceutical companies, led numerous investments, and helped establish Sierra Ventures healthcare services investment practices. His idea for Foresight Capital came from all the experiences he’s had in the pharmaceutical and healthcare industry, which he had already been a part of for 25 years. His typical day includes many phone calls and meetings but he always dedicates time to enjoy a dinner with his family every night. Visit LinkedIn to know more.

As the founder and CEO of Foresite Capital he has developed a private equity firm dedicated to the healthcare industry. His current largest investment is with Intarcia; a twice a year implant that helps diabetes patients lose weight and manage their disease. Tananbaum truly believes that this will revolutionize the diabetes industry the way the IUD affected the birth control industry globally. The product is expected to launch in the United States towards the end of 2017.

The company has also invested in Aeri Pharmaceuticals, which is developing a once a day glaucoma treatment. Glaucoma is one of the leading causes for blindness around the world. A proper medication that can manage the disease could save the eye sight of many people in the future.

Foresight Capital has also invested in sequencing and synthetic biology which will contribute to the healthcare industry as well as other sciences. Investments have also been made in MindStrong, HealthVerity; data science companies.

Besides Foresight Capital, Jim Tananbaum has served as product manager for Merck and Prilosec. During 1992 and 1993 he developed it into the largest selling drug globally.

Jim Tananbaum foresees the future bring a great deal of change in the healthcare industry. He understands that by working with other entrepreneurial professionals, and academicians, his company will bring forth great products and technology that will continue to ease illnesses and diseases.

Leave a Reply

Your email address will not be published. Required fields are marked *