MaRS Peer to Peer Series - A Morning with Tony Cruz
Growth, Financing and Exit Strategies for Biotechs in a Canadian Environment
Speaker: Dr. Tony Cruz, CEO Transition Therapeutics
With the increasing knowledge and competition in the Biotech sector, Canadian companies need to become more innovative and focused on growth and exit strategies to create wealth for the investor.
Initial growth of a Biotech company is dependent on a strong product portfolio, management and financing. Dr. Tony Cruz will discuss the selection of a strong product portfolio to meet the three driving forces for company growth:
- technologies or products with the highest potential for clinical development in large disease indications;
- products well positioned for large partnerships with Pharma and Big Biotech; and
- products with public interest and with growing unmet medical needs that are highly attractive to the markets for financing.
Canadian companies additionally need to adopt more innovative financial strategies in order to fuel their growth. Dr. Cruz will discuss the various approaches to attract capital from VCs, partnerships, mergers and public markets.
Also discussed will be the importance of planning exit strategies, including the advantages and disadvantages of going public early as a source of capital and future growth of the company.
DATE | TIME | LOCATION
March 29, 20068:00AM - 10:00AM
MaRS Centre
101 College St, Toronto
ABOUT THE SPEAKER
Dr. Cruz is one of the founders of Transition Therapeutics and has held the position of Chief Executive Officer of Transition Therapeutics since its inception in July 1998. Dr. Cruz was also a Co-Founder, Vice-President and Director at Angiotech Pharmaceuticals Inc.
Dr. Cruz has been a Senior Scientist at Mount Sinai Hospital since 1995 and was the CEO and President of the Canadian Arthritis Network until 2001. He has also served as a consultant for biotechnology companies and investment firms.
PAST EVENTS
- October 11, 2005
MaRS Peer to Peer Series - An Afternoon with Yung Wu - November 4, 2005
MaRS Peer to Peer Event - A Morning with Paul Atkinson - November 14, 2005
MaRS Peer to Peer Series - An Afternoon with Zohar Gendler - January 25, 2006
MaRS Peer to Peer Series - An Afternoon with Nelson Sims - March 29, 2006
MaRS Peer to Peer Series - An Afternoon with Tony Cruz - September 18, 2006
MaRS Peer to Peer Series - Reaching the Third Stage of Market Success: Positioning your Company for "Exponential Growth" - November 16, 2006
MaRS Peer to Peer Series - Thinking Like a Citizen of the World: The Global Challenge for Today's Entrepreneurs - June 7, 2007
MaRS Peer to Peer Series - Strategize for Maximum Value - October 8, 2008
MaRS Peer to Peer Series - Difficult Presentations - November 13, 2008
MaRS Peer to Peer Series - An Afternoon with Robert Masaru Okabe
