True Stories & Best Practices #ACSPhilly

7/31/2019 True Stories & Best Practices #ACSPhilly

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Small Chemical Businesses

Division of the American Chemical

SocietySCHB Joseph Sabol Sunday, August 19, 2012

True Stories of Success and Best Practices from Chemical Entrepreneurs - AMSession

Location: Philadelphia Downtown Courtyard by Marriott

Room: Grand Ballroom Salon I&II

Cosponsoredby:

PROF,YCC

Organizers: Patrick McCarthy

Presiders: Patrick McCarthy

Duration: 8:15 am - 11:55 am

8:15

am

Introductory Remarks

8:20

am

1 Entrepreneurial adventure with light scattering

Philip J. Wyatt

Santa Barbara, CA 93130-3003, United States

Light scattering techniques have long been popular for their ability to measure very

small particles. With the advent of lasers, however, the very science itself began to

change. This is the story of how lasers were used to develop a class of analytical

instruments that would launch a remarkable company. The path to success was a

tortuous one filled with disappointments, intrigues, and a great amount of luck, but

when the call came from the Coca Cola Company asking what we were trying to do wit

"...those lasers" and their secret formula, it became apparent that something very goo

was going to happen.
http://www.acs-schb.org/http://www.acs-schb.org/http://prof.sites.acs.org/http://prof.sites.acs.org/http://ycc.sites.acs.org/http://ycc.sites.acs.org/http://ycc.sites.acs.org/http://www.linkedin.com/in/patrickamccarthyhttp://void%280%29/http://void%280%29/mailto:[email protected]:[email protected]://www.wyatt.com/mailto:[email protected]://void%280%29/http://www.linkedin.com/in/patrickamccarthyhttp://ycc.sites.acs.org/http://prof.sites.acs.org/http://www.acs-schb.org/


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Society8:50

am

2 Pre-seed workshop: Success in launching high-tech start-up companiesJudith J. Albers

Neworks LLC, Victor, NY, United States

The Pre-Seed Workshop (PSW) is a 2 day build-a-company event which brings 40-6

community-based professionals together with scientists from local universities and

labs. Six to eight teams are formed for each workshop, and through an intense, hands

on curriculum, these teams 1) investigate the commercial potential of new technologie

and 2) transform the more promising technologies into pre-seed stage companies.

Short, intense, productive and locally-based, the PSW has been an extremely effective

tool for encouraging high-level researchers to take that first step out of the lab into

the world of technology commercialization and science entrepreneurship. The PSW is

currently being offered in 10 Host City locations. As of March 2012, 48 PSWs have bee

held with nearly 2000 participants. 288 high-tech ideas have been analyzed to form or

strengthen over 132 high-tech companies. PSW alumni companies have already raised

an estimated $70M in follow-on funding and created about 400 jobs with the potential t

create many more. This presentation will provide examples of some of the chemical

start-up companies which were launched at the PSW and their success to date. Furthe

in the strange duality of life, the PSW itself is a start-up venture launched by a PhD

chemist and an Engineer and has its own story of highs and lows as it continues to gro

and scale as a business.

9:20

am

3

DJS Consulting Inc., Boca Raton, FL 33428, United States

Every professional has developed a set of expertise. A successful businessentrepreneur needs to identify and market these skills. Determining what your value

added is to a specific industry is the key to maintaining strong business relationships.

business or consulting practice grows by finding out how to address client needs. This

presentation will explore how a consulting firm can exploit this process to gain a

successful client niche service. Services need to be identified, refined and successful

marketed to a set of potential clients. Critical to the continued success is the constant

review of what you have to offer and how to get this information to potential clients
http://void%280%29/http://void%280%29/mailto:[email protected]://www.neworks.biz/index.htmlhttp://www.neworks.biz/index.htmlhttp://www.linkedin.com/pub/daniel-spandau/2/a1b/205http://www.linkedin.com/pub/daniel-spandau/2/a1b/205http://www.linkedin.com/pub/daniel-spandau/2/a1b/205mailto:[email protected]://void%280%29/http://void%280%29/http://www.neworks.biz/index.htmlmailto:[email protected]://void%280%29/http://void%280%29/


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Society9:50

am

4 Challenges and triumphs of starting and buildinga cancer diagnostics companyPaul T Henderson, George Cimino, Chon-xianPanGeorge Cimino1, Chon-xian Pan2. (1) Accelerated Medical Diagnostics, LLC, Dublin, CA

94568, United States, (2) Department of Internal Medicine, Division of Hematology and

Oncology, The University of California Davis Medical Center, Sacramento, CA 95817,

United States

Accelerated Medical Diagnostics LLC is developing a diagnostics test for cancerpatients. Our mission is to predict cancer patient response to platinum-based drugs

prior to initiation of chemotherapy. The test, called PlatinDx, features administration o

a microdose (1% of the therapeutic dose) of chemotherapy, followed by mass

spectrometry analysis of blood and tumor biopsy samples for the presence of drug-DN

adducts, whose concentration in patient tissues correlates with response to therapy.

PlatinDx is currently entering multicenter clinical studies with the goal of obtaining FD

clearance. In addition to discussing our technology, we will discuss the reasons for an

process of founding Accelerated Medical Diagnostics LLC as a spin-off from University

of California-Davis and Lawrence Livermore National Laboratory, including our

business model, SBIR funding, and some of the challenges, successes, and failures th

we have encountered to date.

10:20

am

10:30

am

Panel Discussion

11:50

am
http://void%280%29/http://void%280%29/mailto:[email protected]://www.acceleratedmeddiagnostics.com/http://www.acceleratedmeddiagnostics.com/mailto:[email protected]://void%280%29/http://void%280%29/

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True Stories & Best Practices #ACSPhilly