Welcome to Mediqventures
Mediqventures was founded to identify, finance, and develop promising technologies in the life sciences. Mediqventures provides equity financing either directly to portfolio companies or to single-asset collaborations with existing companies.
Mediqventures is a biotech merchant bank and investment firm founded by successful entrepreneurs Jim Mellon, Gregory Bailey, and Declan Doogan in order to identify, finance, and develop promising technologies in the life sciences.
Mediqventures provides equity financing either directly to portfolio companies or to single-asset collaborations with existing companies.
In addition to providing capital, Mediqventures provides its portfolio companies with access to a network of seasoned drug-development professionals that join our portfolio companies in an advisory or executive role in order to provide expertise in the validation of discovery programs, preclinical development, CMC, the preparation and submission of INDs, translational science, clinical development, business development, finance, and intellectual property development.
Partners at Mediqventures directly invest in our portfolio companies and also have strong connections to other sources of capital and enable rapid follow on financings or entry into the public markets.
In order to best support rapid growth of its invested companies and products, Mediqventures has assembled a team of very senior professionals. Our experience suggests that having the best people paired with exciting science is critical to enabling success in development.
Mediqventures has the flexibility to deploy part-time or full-time expertise for each investment based on the unique requirements of the project.
Together, the partners have overseen the development of over 5 billion-dollar drugs, built multiple companies that were each ultimately valued in excess of a billion dollars, taken over a dozen companies public, and executed numerous multi-million dollar licenses with Big Pharma.
Our extended team of advisors has impressive accomplishments of their own. In addition to our board, our advisors and the management team, we have access to extended networks of quality personnel when unique skillsets are needed to drive programs forward.
Gregory Bailey is a co-founder and managing partner of MediqVentures.
Previously he was a managing partner of Palantir Group, Inc., a merchant bank involved in a number of biotech company startups and financings. Palantir was also involved in acquiring intellectual property assets and founding companies around the IP.
As such Greg was the co-founder of Ascent Healthcare Solutions, VirnetX Inc. (VHC:AMEX), Portage Biotech Inc. (PTGEF: OTCBB) and DuraMedic Inc. He was the initial financier and an independent director of Medivation, Inc. (MDVN:NASDAQ), from 2005 to December 2012.
Dr. Bailey served as the Managing Director and co-Head of Life Sciences at MDB Capital Group LLC from May 2004 to December 2006.
Greg has served on the board of directors of multiple public companies.
Greg practiced emergency medicine for 10 years before entering finance. He received his medical degree from the University of Western Ontario.
Declan Doogan has over 30 years of industry experience in both major pharma and biotech.
He was the Senior Vice-President and Head of Worldwide Development at Pfizer, where many multibillion dollar programs were delivered (e.g., Viagra, Lipitor and Zoloft). He has held a number of executive positions in Pfizer in the US, the UK and Japan. Since leaving Pfizer in 2007 he has been engaged in executive roles in small pharma.
Declan was CMO and acting CEO of Amarin (AMRN: Nasdaq), transforming it from a failing Neuroscience company to a vibrant cardiovascular company with a market capitalization of over one billion dollars before his departure. He has also been Chief Medical Officer for Prometheus Laboratories, a molecular diagnostics company in San Diego. Declan is also an investor in emerging biotechnology and technology companies. He holds a number of Board appointments, principally in pharma companies, and has also held professorships positions at Harvard School of Public Health, Glasgow University Medical School and Kitasato University (Tokyo).
Declan received his medical degree from Glasgow University in 1975. He is a Fellow of the Royal College of Physicians and the Faculty Pharmaceutical Medicine and holds a Doctorate of Science at the University of Kent in the UK.
Jim Mellon is a fund manager, entrepreneur, and investor who built a worldwide business empire.
Jim is the author of “Cracking the Code,” a book on the biotechnology industry, and a successful investor in the biotechnology industry. Jim is a Principal at Charlemagne Capital, co-chairman of Regent Pacific Group Ltd. and Emerging Metals Ltd, chairman of Manx Financial Group, Plc, and a director of Charlemagne Capital, Ltd, Condor Resources Plc, Polo Resources, Ltd, Speymill Plc, Speymill Deutch Immobilien Company Plc, Webis Holdings Plc, and various other investment companies. Jim cofounded Uramin and Red Dragon Resources, both mining groups. Burnbrae, his private company, is a substantial landlord in Germany and in the Isle of Man and also owns a hotel chain.
Alexander Pickett is an ASSOCIATE at Mediqventures. Prior to joining Mediqventures, he was an associate at Flatley Venture Capital, a cystic fibrosis focused investment arm of a family office, where he was responsible for investment analysis and scientific due diligence. While there, he also supported Flatley Discovery Lab's business development efforts. Alexander co-founded Real Life Sciences, a start-up focused on using software-based patient-engagement solutions in order to improve patient recruitment to clinical trials.
Prior to joining Flatley Venture Capital, Alexander graduated from Harvard College with an A.B. in Molecular and Cellular Biology, where he was a Microbial Studies Initiative Undergraduate Fellow and an International Genetically Engineered Machines Competition Team Member.
Entrepreneur in Residence
Ian Walters, M.D., M.B.A. is the Entrepreneur in Residence at Medqiventures and is part-time CMO of Intensity Therapeutics. Over his 16 year career, he demonstrated both leadership and expertise in drug development, including the advancement of multiple cancer compounds from research stages through approval.
Ian specializes in the evaluation, prioritization, and the innovative development of new therapies for the treatment of severe diseases. He has worked at Protein Design Labs, Millenium Pharmaceuticals, and Sorrento Therapeutics leading corporate development, translational medicine, clinical development and medical affairs.
Ian spent seven years at Bristol-Myers Squibb (BMS), where he managed physicians overseeing the international development of >8 oncology compounds (including Nivolimab (anti-PD-1), Ipilimumab (anti-CTLA-4), brivanib (anti VEGF/FGF), anti-IGF/IR, VEGFR2 biologic, Elotuzimab(antiCS1), as well as biomarker and companion diagnostic work. He also was a core member of the Strategic Transactions Group evaluating and executing licensing agreements, mergers and acquisitions, clinical collaborations, and the company’s immuno-oncology strategy.
Before entering the private sector, Ian was a lead investigator at the Rockefeller University and initiated cutting edge immunology research to understand the mechanism of action of several compounds. Ian received his MD from the Albert Einstein College of Medicine and an MBA from the Wharton School of The University of Pennsylvania.
Mediqventures invests in companies with late stage preclinical or early stage clinical therapeutic assets with particular attention to metabolic disease, oncology, and infectious disease. In addition to providing capital, Mediqventures provides its portfolio companies with access to a network of seasoned drug-development professionals that join our portfolio companies in an advisory or executive role in order to provide expertise in the validation of discovery programs, preclinical development, CMC, the preparation and submission of INDs, translational science, clinical development, business development, finance, and intellectual property development.