Health Ideas

After graduating from Abington High School, Lindsay Rosenwald began his professional studies at Pennsylvania State University in 1973. He is a person who excelled in business, with a leaning towards economics and finance. Rosenwald was a member of Beta Gamma Sigma, the business school honors society. He graduated with a Bachelor’s degree in Finance in 1977. Despite his fascination with business, he had always aspired to become a doctor. To achieve his dream of becoming a doctor, he enrolled in medical school and got accepted at Temple University. After studying at Temple, Rosenwald had his internship at Abington Memorial Hospital. He worked as a medical doctor for 2-and-a-half years.

Despite the fact that Lindsay Rosenwald enjoyed practicing medicine, he felt as is something was lacking. He felt he needed to incorporate business and medicine, and find a career that would let him use his passions in two different fields. Rosenwald left his private practice in 1986 and headed to Wall Street, where he took the position of Physician/Analyst. It is a really exclusive position only a few people held at that time. He was not affected by the stereotype that doctors don’t make good investors. He proved that he can excel wherever he was. Rosenwald worked at Wall Street in pursuit of the growth of investment capital for helping the health care sector.  Although he missed his old career, he realized that he truly belonged in Wall Street. He worked for the DH Blair & Co investment firm as the Managing Director of Finance, but he left after a few years to concentrate on a new venture.

He also made it a part of his portfolio to acquire other biotech organizations. The business that Lindsay Rosenwald handles has financed more than two dozen companies within the last three years. He built up these firms by concentrating on the growth of both the corporate and biotechnology portions. The companies are different entities, but they work together to support different projects. The businesses that Rosenwald handles have licensed or acquired over one hundred experimental stage treatments.

One of the best accomplishments that Lindsay Rosenwald has done is his setting the record for the quickest development of a drug. In just two years, the drug Arsenic Trioxide was researched, tested, approved, and delivered to the market for managing deadlier forms of leukemia. It has helped in saving thousands of lives in the years it has been on the market.

Rosenwald has served as a revolutionary mastermind to the businesses he has created. The best reverse takeover of them all is his firm, Cougar Biotechnology, selling for over $1 billion to Johnson & Johnson. Lindsay Rosenwald is also the man who brought a stem cell business, a cancer vaccine business and a gene treatment company to all markets.