One of the most successful venture capital companies in the country is 5AM Ventures. The company has been in business of identifying, funding and mentoring life science startups that are creating breakthrough technologies for the healthcare industry. The main goal that the company has had since inception was to make sure that companies which are creating technologies for the healthcare industries receive the funding support that they need in the process. They hope that through the support they offer these companies, it will be possible to research and get treatments for the most stubborn medical conditions.
The company has been in operation for the last 16 years and has a current fund of $1billion in assets and under their managements. Their own assets are worth over $250million and they have come up with methods that they believe will be successful towards developing and expanding their capacity as a company. They always employ hands on approach towards all the issues of the company and this has helped the company spread its influence from its base in Boston to all parts of the country.
The company has a team of professionals that assist with the investment decisions. The fields that they focus in include Biopharmaceuticals, Medicine and related fields. They base their operations on the dream of making huge changes in the medical world. The CEO of the company, Scott Rocklage, PhD has been at the helm since 2003 and has tons of experience managing similar ventures; this is what makes him the perfect person to hold that position.
It s during his tenure in leadership that the company has gotten three drugs and medical devices approved by the FDA. Scott studied at the University of Berkeley in California before proceeding to MIT for his PhD research. He has been involved in the creation of more than 30 inventions that are very useful in the world of medicine, which means that he holds the patent to them. He is also a very active writer with more than 100 publications under his name. he is based in Boston and has been working hard to improve the influence of the company even more.