Founder and Chief Executive Officer of Foresite Capital, Jim Tananbaum, developed this corporation as a firm dedicated to healthcare and also to identifying and supporting healthcare leaders. It assists in growing these firms into becoming profitable by supplying networks, capital, and information. Before founding this corporation, he had already co-founded two healthcare investment firms and two top companies handling biopharmaceuticals.
During an interview at ideasmench, Jim mentions that the thought of creating Foresight was as a result of his vast experience as an investment strategist and an entrepreneur in healthcare. This firm focuses on understanding and advancing the future of the healthcare field. This is why their duty is to provide creative healthcare products and answers that involved leaders could require so as attaining success in their undertakings. Currently, there are at least 77 healthcare industries that Foresight has invested in.
His typical day involves spending time with members of his company, connecting with healthcare leaders, and also attending meetings of varying subject matters. He enjoys having dinner with his family and ensures that he spares at least one hour each day so as to work out. He believes that in his line of work, ideas are brought to life by involving the most brilliant leaders in healthcare since capital does not contribute as much. He is normally excited by entrepreneurs that use all the possible ways to develop solutions in the healthcare sector. The fact that he loves learning allows him to discover the most applicable explanation and answers to scientific matters.
Jim Tananbaum had founded Theravance and also GelTex Pharmaceuticals before Foresite Capital Management. Some of his investments are in renowned healthcare companies such as the Amerigroup, Amira Pharmaceuticals, and Jazz Pharmaceuticals among others. However, his greatest investment is Intarcia which aims to control weight loss and also to reduce the number of people who have diabetes. Visit LinkedIn for more info.
At Harvard Medical School, he graduated with an M.D. Jim Tananbaum later enrolled at the Harvard Business School and received a Masters in B.A. He also enrolled at Yale University and graduated with a B.S.E.E and a B.S. In the Yale School of Engineering and Harvard-MIT, he has had positions in the visiting teams and also on the advisory boards.