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Home > News > Bonding with BIND Biosciencesís New CEO Scott Minick

January 15th, 2010

Bonding with BIND Biosciencesís New CEO Scott Minick

Abstract:
Scott Minick made his official debut as CEO of BIND Biosciences Monday at the JP Morgan Healthcare Conference in San Francisco, which makes for one of the most frenetic weeks of the year for biotech chiefs. The Cambridge, MA-based startup also made some news this week with the announcement of an $11 million Series C round of venture capital led by wealthy businessman and philanthropist David Koch.

Despite the crazy schedule at JP Morgan, Minick was pleased with the progress his Cambridge, MA-based startup was making in talks with pharmaceutical companies at the major biotech meeting. The firm has an attractive offering for large drug companies: nanoparticles that have the potential to deliver drugs to specific tissues in the body while significantly reducing the side effects of the compounds they carry. The value of the firm's sciences was plenty to convince Minick to invest in the startup in 2007 as a managing partner at ARCH Venture Partners, he said, and it also influenced his recent decision to end his 11-year tenure at the venture firm to become BIND's full-time CEO.

Source:
xconomy.com

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