Category Archives: CEO Profiles

Ara Chackerian: Introducing Technology in Healthcare

Ara Chackerian spoke about his latest business venture in an interview with Interview.net where he revealed the inspiration behind TMS Health solutions. Apart from being an entrepreneur, Chackerian is a well known philanthropist that has been largely invoked in youth development and environmental conservation programs. Together with his long-term business partner, Chackerian has been able to set up a network of outpatient diagnostic radiology centers in Northern California. However, Ara decided to venture into the outpatient psychiatry space that was yet to be fully explored. Check out interview.net to see more.

 

 

 

 

The suggestion to explore the psychiatry space was made their long-term provide partner who made them to start thinking about developing a technology for treating depression. As a result, Ara Chackerian developed a device based treatment to help treat depression. Transcranial Magnetic Stimulation (TMS) is the name of the new treatment that informed Chackerian’s latest venture. The technology has the potential to become a major pillar in psychiatric care because its efficacy.

 

 

 

Industry Trends

 

 

 

In one of his articles on Medium, Ara Chackerain observes that the First World countries are worried about their healthcare. This is surprising considering the fact that the countries have some of the best healthcare policies when compared to developing and Third World countries. However, the reality is that some of these countries have their own challenges when it comes to healthcare. Their systems are not in any way perfect as citizens from low income brackets still struggle to pay for their healthcare costs. This is the trend in major countries such as France, Japan, and the United States. The sustainability of healthcare systems in these countries is not guaranteed, and this has become a major point of concern. Most of these countries are worried about the funding of their free healthcare plans because they are not sure if their budgets will continue to take up the cost of universal healthcare. You can visit norluyce.com to know more.

 

 

 

 

Ara Chackerian Bio

 

 

 

Ara Chackerian is a dedicated philanthropist and entrepreneur with a lot of interest in healthcare. His objective is to revolutionalize healthcare services in the country by investing in growth healthcare companies. Ara has over twenty years of experience in the healthcare industry where he has played a major role the establishment of companies likeTMS Health Solutions, PipelineRx, BMC Diagnostics, and ASC Capital Holdings, LLC.

 

Reference: https://www.crunchbase.com/person/ara-chackerian#/entity

 

 

Jim Tananbaum Hits the Spotlight of Success in the Health Industry

Jim Tananbaum is the talented CEO of Foresite Capital since he founded it in 2011. Foresite Capital is a renowned healthcare private equity firm that specializes in identifying healthcare leaders and helping them to grow the company towards profitability through disseminating networks, capital, and information. Jim has also founded two companies, including Theravance, Inc. and GelTex Pharmaceuticals. He has led many healthcare investment practices, including Jazz Pharmaceuticals, Amira Pharmaceuticals, and Amerigroup.

Jim’s passion of marrying computer science and interdisciplinary hard sciences with healthcare began when he was still in high school. He has had robust and long-term relationships with many academicians, for instance, his collaborators Bob Gunderson, George Whitesides, Rick Levin mentored him.

The Inception of Foresite Capital

Jim revealed that he founded Foresite Capital based on his experience as an investment strategist and healthcare entrepreneur for more than 25 years. He mentioned that the idea of inaugurating the company came from acknowledging that innovative healthcare products required more capital and time. Jim cited that the company supplied networks and capital to emerging leaders to help them achieve their success. He also mentioned that Foresite Capital had invested in healthcare companies in medical services and biopharmaceuticals.

Jim cited that actualizing ideas into reality not only involved capital but also required engaging leaders who were smart, effective, and persistent in healthcare. Jim acknowledged that he was inspired by how entrepreneurs applied the science behind healthcare innovation to solve problems in the health industry. Jim cited that he has managed to grow his business, Foresite Capital, through critically identifying the best people to synergize with the company’s expertise and determine where the puck is going.

A Closer Focus on Jim Tananbaum

Jim Tananbaum is the acclaimed founder of Foresite Capital, a leading healthcare private equity firm. He serves as the CEO of the company and has led investments in 21 healthcare companies such as Jazz Pharmaceuticals, Amira Pharmaceutical, and Amerigroup. Jim has also founded GelTex Pharmaceutical and Theravance, Inc. where he held managerial positions.

Jim was a student at Harvard Medical School where he acquired an M.D. He also got an M.B.A from the distinguished Harvard Business School. Jim graduated from Massachusetts Institute of Technology with an M.S. in Information theory and a BS, BSEE from Yale University. More details can be found on Crunchbase.

See more: https://www.linkedin.com/in/jim-tananbaum-a7562a7/