Jim Tananbaum is known all around as the CEO as well as founder of Foresite Capital. It has $1.1 billion in the form of assets under management.
Jim Tananbaum has over 20 years of experience in investing as well as building of healthcare companies. Foresite Capital is not the first company that he founded. He had already co-founded two biopharmaceutical companies before it as well as two investment practices in healthcare.
In an article on Wired, he has studied at the Harvard Medical School. Before he finished his education there, he had founded GelTex Pharmaceuticals. It is a highly successful firm. It was able to bring out two drugs into the market. This was done at the cost of less than $80 million. These drugs are generating over $1 billion in revenues today for the company. Later, GelTex was acquired. This was for $1.6 billion.
Also, Jim Tananbaum founded Theravance, Inc. He is the CEO of this firm. Theravance along with Theravance Biopharma, Inc. today have a combined market cap that exceeds $2.75 billion.
In addition, Jim Tananbaum is a founding partner of various investment firms that include Prospect Venture Partners II and III, as well as Sierra Ventures. He had helped in establishing the investment practice in healthcare services over here. His other investments would include Amira Pharmaceuticals, Amerigroup, Healtheon as well as Jazz Pharmaceuticals.
Jim Tananbaum did his graduation from Yale. He earned his B.S. and B.S.E.E. from there. He earned his M.D. from the Harvard Medical School. He has an M.S. from MIT. Besides, he did his M.B.A from the Harvard Business School.
Jim Tananbaum is on the advisory boards of the Harvard-MIT HST program as well as the President Advisory Counsel of Yale.
He has been named in the Midas List 2017 by Forbes. This is the list of the top tech investors. Jim Tananbaum has made it to this list for the third consecutive year. This Midas List has the top 100 names of those venture capitalists who have managed to create outstanding value for their investors. Jim Tananbaum has been ranked 52 on this list for this year.