Category Archives: Healthcare Sector

Jim Tananbaum and Foresite Capital Add New Venture Partner.

Published / by Casey / Leave a Comment

If you’ve been keeping up with the investing world then you’ve no doubt become at least marginally familiar with Foresite Capital. Foresite Capital is a specialized healthcare growth and equity firm that has experienced steady and concurrent growth for years now. Foresite Capital is once again in the news but this time for bringing on an experienced venture partner to complement their already strong staff of talented investors. The new addition to the staff is Molly He, PH.D. Molly He comes from Illumina where she worked as a senior director.

To say that the group at Foresite Capital was excited would be an understatement. Jim Tananbaum, M.D., broke the news to welcome Dr. He to the company. Tananbaum stated, “Dr. He is one of the most respected scientific researchers in the area of next-generation sequencing, and we are thrilled to welcome her to the team.” Tananbaum’s words were well respected and definitely expected. Any time that the chief executive officer of your new company comes out to praise you, well, that has to be a good sign. Tananbaum went on to say, “With her extensive expertise in genomics and drug development and her remarkable track record of leadership, she will be an invaluable resource to Foresite.”

In an article on INC42, before making her way over to Foresite Capital Dr. He did some great work with Illumina. She was in charge and responsible for the development of Illumina’s protein reagent innovation as well as their improvements. However, Dr. He has done far more than just work with Illumina. She also worked at Pacific Biosciences where she focused on protein reagent development. Dr. He’s resume is clearly well decorated and Foresite Capital was definitely lucky to manage to get her on board as a venture partner. Dr. He stated in her own message, “Foresite has an unparalleled reputation of investing in some of the most exciting and innovative companies in healthcare. I am honored to join such a seasoned, dynamic team.”

Dr. He will be joining the fresh Jim Tananbaum as two of the big new members in Foresite Capital’s library of talent. Dr. Tananbaum is probably well known to most people for appearing in Foreb’s Midas List in three consecutive years as a ‘Top Tech Investor’. More details can be found on Researchgate.

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