Schumann Festival

Archive for August, 2011

It is undeniable that Dr. Lindsay Rosenwald is now one of the most successful founders of healthcare and medical companies. Whether in financial or medical industry, he was known for his extensive skills and knowledge. It was in 1977 when he graduated on his finance degree as a member of the Business School Honors Society Beta Gamma Sigma at the Pennsylvania State University. He also completed his medical degree from the Temple University School of Medicine in 1983. After that, he started his private practice in Abington Medical Hospital. He was then involved in several medical and life sciences organizations where he gradually gained a good reputation in his fields of expertise.

As one of the highly acclaimed hedge fund managers and venture capitalists, Dr. Lindsay Rosenwald founded several companies that are intended to assist or cooperate with various companies in the medical and biotechnology industry. Also, he became a director of many private and public limited companies from different parts of the world. One of his major accomplishments is the inception of the OpusPoint Partners. It is where he contributed effort, time, and money with another highly respected biotechnology enthusiast, Michael Weiss. The OpusPoint Partners is primarily committed to develop and produce innovative and high quality medical and healthcare products. This company also consists of a number of biotechnology and life science experts working together with a mission of bringing significant developments in this industry.

Another highly reputed and trusted company founded by Dr. Lindsay Rosenwald is the Cougar Biotechnology. This company specializes in the application of oncology to make analytical studies and researches related to various types of cancer. Perhaps, the most remarkable product developed by the company is the CB7360, commonly known as Abiraterone Acetate. As a cure to prostate cancer, the Abiraterone Acetate was actually the first cancer drug marketed by Cougar Biotechnology. After this cancer drug was proven to be effective in several clinical trials and studies, the world’s leading healthcare company, Johnson & Johnson, has seen much interest on Cougar Biotechnology’s potential in development of innovative medical products. Eventually, Johnson & Johnson bought Cougar Biotechnology for $1 billion, which is far beyond the price of a fledgling company.

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