Foresite Capital is an equity firm that is focused on growth in healthcare growth. It has announced that Jim Tananbaum , the chief executive officer as well as managing director of this firm is on the Midas List of Top Tech Investors by Forbes. He is on the list for the third consecutive year now, reveals Bloomberg. This Midas List is designed to recognize those top 100 venture capitalists who have managed to make it big. This has been by laying early bets in the futuristic tech companies. This way they have been able to create exceptional value for the investors. In this list, Jim Tananbaum has been ranked #52 this year.
He is the founder of Foresite Capital. He is an industry leader as he has created a reputation for himself. Tananbaum has 25 years of experience in healthcare entrepreneurship and investment. His focus is on strategic, as well as operational along with financial opportunities order to build healthcare businesses through franchisees.
According patientdaily.com, Jim Tananbaum has created the organization structure of Foresite Capital and its investment strategy too. He plays a significant role in the companies of Foresite Capital. With his experience, Jim Tananbaum has managed to found or helped to grow the healthcare franchises in various segments of this healthcare economy.
Jim Tananbaum is the co-founder of GelTex Pharmaceuticals. This company brought two drugs to market which were later bought for $1.6 billion. He is the co-founder of Theravance, Inc. too. Jim Tananbaum has founded Prospect Venture Partners II as well as III.
Jim Tananbaum did his graduation from Yale University. He earned his BS/BSEE degrees from here. He did his M.D. and M.B.A. from Harvard University. He earned his M.S. degree from the Massachusetts Institute of Technology.
The Midas List of Top Tech Investors is developed by Forbes in partnership with TrueBridge Capital Partners. This is done by collecting data from several sources that are publicly available. These sources include the Dow Jones Venture Source besides historical lists, and direct submissions that are received from venture capital firms. This way Forbes is able to give a ranking to each venture capitalist.
Check out Jim Tananbaum’s Linked In profile for more info.