Clients
Portal Diabetes Inc.
Venzyme was hired first to serve as fractional-CEO of Portal Insulin, LLC, a biotechnology firm developing a stabilized formulation of human insulin for use in implanted insulin pumps. Portal Insulin was subsequently absorbed by Physiological Devices Inc., a developer of implanted insulin pumps, which rebranded itself Portal Diabetes Inc.. A Venzyme executive now serves as Chief of Strategy for Portal.
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Cardathea Inc.
Venzyme co-founded this Boston-based company developing an "Electric Field Imaging" technology for guiding the placement of cardiac pacing leads. Venzyme worked with the scientific founders to develop the technology and story behind it, ultimately presenting the company at the Reimagining Early Stage Investing (RESI) conference that took place concurrently with the JP Morgan Healthcare Investors Conference in January 2024, where Cardathea won the Innovators Pitch Challenge.
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Thermalin Inc.Venzyme was hired to organize and lead this Cleveland-based biotechnology company built around the large portfolio of next generation insulin analogs invented by Dr. Michael Weiss, Chairman of Biochemistry at Case Western Reserve Medical School. Thermalin’s analogs address significant unmet needs in insulin-based diabetes management. Venzyme helped license the technology; recruit the team and board of directors; formulate finance, strategy, clinical and business plans; and raise capital. Venzyme continues to be actively involved in the management, strategy, operation, and financing of Thermalin.
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InCytu, Inc.
Harvard University hired Venzyme to form a company around a revolutionary stem cell delivery system developed by Professor David Mooney. The result was InCytu, a Rhode Island based company which is developing an in situ bioreactive device for regenerative medicines and cancer vaccines. Venzyme helped improve the intellectual property, developed market, and partnering strategies, found the management team, and raised the initial capital. Venzyme continues active involvement, focusing on financing, financial management, and strategic advice.
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HeartLander Surgical, LLC
This Massachusetts-based medical devices company, was formed to commercialize the HeartLander, a breakthrough robotic surgery platform developed at Carnegie Mellon University. HeartLander can be used to perform a wide-variety of minimally-invasive, epicardial procedures on a beating heart. Venzyme helped form the company, locate initial financing, formulate Heartlander's strategy and business plan, and lead negotiations with corporate partners. Venzyme continues to be actively involved in the management of the company.
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PersonaDX, Inc.
Roswell Park Cancer Institute in Buffalo NY hired Venzyme to determine whether a company might be formed around a genetic diagnostic test developed there to estimate the likelihood of distant metastasis for patients with breast or prostate cancers. The result was PersonaDX Inc., a reference laboratory company tasked with offering genetic tests with specific value in selecting therapies. Venzyme formed, organized, and launched PersonaDX, recruited the management team, supervised the build-out of their laboratory, and raised almost $6M in capital for it. Venzyme continued to play a key role on the PersonaDX management team, focusing on clinical study design, financing, and systems.
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