Jim Tananbaum is an entrepreneur specializing in providing healthcare solutions. His passion for helping others led him to develop Foresite Capital, a company seeking to fund viable healthcare facilities so that they can develop and be more profitable.
In an interview with IdeaMensch, Jim reveals that the thought of developing Foresite Capital sprouted from his 25 years of investing and working under different healthcare organizations. He says that healthcare inventions require more capital and information to put up, which is why he developed Foresite Capital. The firm provides capital, information and any other relevant resources required to enable the small firms to establish themselves in the market.
Jim Tananbaum reveals that he enjoys working with his colleagues, especially going through proposals presented to the firm. Mr. Tananbaum also says that he values family time a lot. He further says that working with the brightest minds in the health sector and the best technologies are quite fascinating in his line of work. He goes on to say that if given a chance to start again, he would develop his business around the best principles and that he would have more self-confidence while doing it!
About Jim Tananbaum
Jim Tananbaum is a health expert holding an MD from Harvard Medical School, a BS and B.S.E.E from Yale University, an MS from MIT, and an MBA from Harvard Business School. He has put his expertise into the bringing up of different pharmaceutical companies including GelTex Pharmaceutical, which under his leadership produced two drugs that earn revenues of over $1 billion annually. He helped in the establishment and growth of PVP2 and PVP3 among many others. He also volunteered to be part of the Yale University Advisory Board.
His expertise was recognized in the Forbes Midas List and Forbes Midas List of Tech Investors where he has been featured three years in a row. He holds a strong believe that working with experts and entrepreneurs in different fields including IT and Health will bring about a more accurate way of managing the health of human beings. He also believes that the future of medical success depends on technology.
Categories: Health Care Investor