Word: potentia
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Dates: during 2000-2009
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David is the co-founder and executive vice president of Potentia Pharmaceuticals, Inc. But that title is no résumé filler. It is a bona-fide award-winning company and David is running the show...
What does Potentia do? According to David, most pharmaceutical companies spend about 12 years and $500-$800 million to put one drug on the market. Potentia combines nanotechnology and machine learning to “help companies develop knowledge behind certain proteins,” David said. The company’s “high-throughput atomic force microscopy” method facilitates curing diseases by screening small molecules against protein disease targets. This technology makes the process up to 1,000 times faster and helps companies save around $100 million on each drug...
...with lawyers, writing the patents, making trips to New York and the West Coast,” David said. The idea, which he designed with Alec Machiels, a Harvard Business School student, won the 2001 Harvard Business School Business Plan contest, allowing the start-up of the company. Today, Potentia focuses on appealing to venture capitalists while David spends around 45 hours a week working on hiring, strategy, funding and business opportunities as a whole...