[Editor’s Note: This post was co-authored by Jessica Yingling of Little Dog Communications.] Loosely defined, arbitrage is striking a combination of matching deals that capitalize upon an imbalance. Profit is gained from the difference between the market prices. With the Chinese government focusing on innovation through forward-looking national agendas for economic development, the opportunity to … Continue reading “Applying “Innovation Arbitrage” to Develop Novel Medicines in China”
Author: Paul Grayson
Paul Grayson is the president and CEO of San Diego-based RuiYi. Grayson was previously the president and CEO of Fate Therapeutics and a managing director of Sanderling Ventures. Over the last 10 years he has completed both private and public capital fundraising, delivering over $200 million for emerging companies. Transactions completed under Grayson’s watch produced over $150 million in recognizable revenue with an announceable value in excess of $1 billion dollars, and included agreements with BMS, Lilly, Warner Lambert, Merck, F. Hoffmann La Roche, Pharmacia Upjohn, Kraft Foods, Campbell's Soup, Nestle and the Coca Cola Company. Grayson was a founding member of the management team of Aurora Biosciences and the founding chairman, CEO and president of Senomyx, Inc. He was previously chairman of the board of directors for Naviscan PET Systems and CalciMedica, and active on the board of directors for Taligen Therapeutics and REN Pharmaceuticals. Grayson received his MBA from the University of California, Irvine and his B.A. in computer science and biochemistry from the University of California, Los Angeles.
Five Ways to Create a Thriving Culture for Innovation in Michigan
—Invest in education and training. Make efforts to attract and retain college graduates within the state by implementing educational opportunities which are pertinent to students and employers. Maintaining a skilled and knowledgeable labor force will keep Michigan relevant and allow it to compete in the global economy. This is already being done through the programs … Continue reading “Five Ways to Create a Thriving Culture for Innovation in Michigan”