Authored by Karl Simpson
At the beginning of 2013 Liftstream profiled 13 life science leaders we believed were going to make an impact over the course of the year. Below we outline how Dr Michael Pellini performed for Foundation Medicine in 2013.
2013 Liftstream Analysis: Dr. Pellini joined Foundation Medicine in May 2011 and the company has gone from strength to strength. Dr Pellini recently secured $56m in series B funding for the development of FoundationOne. After a strong start, Dr. Pellini will need to keep Foundation Medicine on the right track in order to satisfy the long list of illustrious investors.
• Ensure the continued success of FoundationOne and keep building lucrative partnerships with pharma and biotech
• Foundation Medicine has now raised almost $100m and investors will be looking to see it is being spent towards an optimal return
2014 Liftstream Verdict: A successful IPO in 2013 will have provided an opportunity to investors to make liquid their investments in the company. In this sense it was a job part done. Foundation Medicine continues to gather many strategic partners for its diagnostic capabilities. Very good year for Mr. Pellini against our main goals.
To see how the other leaders profiled in Liftstream’s 13 for 2013 performed please click here. Liftstream would very much like to hear your thoughts on how you believe these life science leaders performed in 2013. Please leave your comments below, email email@example.com or tweet @liftstream #LSL13for13
Liftstream is an executive search and interim management recruitment company working exclusively within the global life sciences sector.