Wednesday, March 31, 2010

Lindsay Rosenwald-Founder Of Numerous Companies


Dr. Lindsay Rosenwald is one of the re-known venture capitalists and the hedge fund managers in the world. He is the chairman and Founder Of Numerous Companies and also assisted many companies in the biotechnology industry by arranging funds at the start up stage. His financial portfolio includes venture capital, merchant banking, investment banking and capital assets.

Dr. Lindsay Rosenwald is the director of many private and public limited companies across the world. In addition to this, he is the founder of paramount Foundation, a charitable foundation, which is into advanced research and development. He is a famous hedge fund manager in the Wall Street, New York. Once he moved to New York in 1983, he started his career in the research and development of biotechnology and in this process he started numerous companies that are involved in drug development, clinical research and fund raising. He is also founder and chairman of Paramount Capital Asset Management, Paramount Capital, Inc., and Paramount Capital Investment, LLC. Dr. Rosenwald is also director of Neose Technologies, Inc., Interneuron Pharmaceuticals, Inc., and Keyx, Inc

Dr. Lindsay Rosenwald is the director of many private and public limited companies across the world. Paramount group companies have developed tons of drugs under great leadership of the Rosenwald. He is known for getting approvals form FDA to get the market the drugs with less number of clinical trails. The rare drug for leukemia is been approved by the FDA to market with just 30 clinical trails and this is a record in the biotechnology industry till now. His company Cougar Biotechnology has been sold to the Johnson and Johnson for a whooping amount of one billion dollars and this is considered as the most prestigious acquisition in the market to strengthen the research in the biotechnology field.

Lindsay Rosenwald had received a Bachelor of Science and a Finance degree from Pennsylvania State University in 1977 and later he moved to Templeton University to get his medical degree. With the medical degree and Finance degree, he was able to knock all the best possible opportunities in the market. He started his own medical practice and ran it for two successful years in late 1980s and then moved to New York with the interest on the research and development of Biotechnology. He started series of companies in the biotechnology field to lift the standards of research and development and assist several professionals in the same filed.