10 years as private equity investor & 15 years as corporate developer, both focused on healthcare
Tim, pharma Ph.D. + MS finance + MS management, founded SCIENTEX in 2006 : After a first R&D experience on radiopharmaceuticals at AREVA R&D (CEA) in 1993, Tim worked as a R&D pharmacochemist for the pharmaceutical industry (SERVIER) during 5 years on diabetes mellitus & CNS; moved in 1999 to the private equity industry (CDC enterprises & Sofimac Partners) investing in 17 biotech private companies (8 were acquired by industrials & 5 IPOs) from his 600 deal flow proactively sourced since 1999. In 2006, Tim founded SCIENTEX in order to act as a transition manager in business & corporate development, M&A (both buy & sell side) for healthcare SMEs, while he was advising wealthy individuals on VIX trading & still working with primary & secondary private equity funds.
After +26 missions, Tim joined CROSSJECT in 2012 at its restart in order to transform its medtech business model presenting a 2M€ valuation into an Euronext listed specialty pharma (IPO in feb 14 valued €65M at €8 per share : during his tenure, Crossject'share rose from €1 to €12,67). Tim, acting as CBO & member of the executive board, negotiated a 472M$ ww R&D partnering deal on ZENEO epinephrin; while he was leading & driving the $6M refinancing closed in june 2013. While managing M&A opportunities, Tim initiated & engaged the IPO process, successfully oversubscribed 4,4 x in feb 2014 & negotiated 2 out-licensing deals for ZENEO MTX covering China valuated 360M€ including 25% royalties & covering indian regions including royalties between 20% to 40%. Globally, Tim has been involved in +120 corporate & business transactions, on sell & buy side, including 6 IPOs, 10 M&A, 14 out-licensing deals, 38 commercial deals, 32 venture deals with a worldwide coverage. To date, Tim has been board member for 26 companies.
Berenice, PharmD + MS medtech, is combining 9 years of experience in retail pharmacies and 8 years in marketing & sales for European life sciences SMEs. She is developing SCIENTEX's offer in business development towards european SMEs in order to cover deeply the 5EU market, while Tim focuses on international operations. Berenice is also updating SCIENTEX's contact database (+39000 contacts in pharma/biotech dealmakers including all participants from major business events like JPM, BIO, BioEurope, DCAT, €PLX...) and SCIENTEX's intelligence databases (+21 000 market studies updated weekly from well known intelligence providers and investment banks). Berenice also screened all 907 injectables drugs for CROSSJECT in order to find all injectables compatible to Crossject's device : 200 injectables were ZENEO compatibles and 7 products selected & strongly highlighted by SCIENTEX with business cases for CROSSJECT in order to support the 6,7M€ grant from BPI/PIAVE. She supported Tim in the M&A missions for Pharma Omnium International by screening 572 biotech in Europe, built the target list for the marketing mission for DiscoverX Corp, an US biotech company, & as well for Elicityl, a glycobiology company. From 2014 to 2018, she drove the commercial development in France, Switzerland & Belgium for KYMOS, a spanish CRO.