The Chairman Champions This City Homegrown Entrepreneur Works To Keep Bio-Science Investment Local By Mitchell Young
DOCTOR, PROFESOR, INVESTOR, ENTREPRENEUR DR. TIM SHANNON
on Soderstrom has, for twenty years, been helping bring bioscience and other technology from within Yale into the real world as the Managing Director of The Office of Cooperative Research at Yale.
article – everything else is almost just background – well almost everything, but we’re sure you’ll get it.
Soderstrom was recognized for his twenty years of work by Business New Haven and New Haven magazine as a Healthcare Hero himself in 2014.
It turns out “this guy,” is really our guy.
Soderstrom doesn’t just have a front row seat to bio-science developments in New Haven and beyond, he is one of its most important drivers. He has seen and been a part of the wins, the losses, the revolutionary new research that forms companies and creates new cures—and they come right from the efforts of his Yale “clients” and colleagues. He has helped tailor numerous companies and it is safe to say he likely knows the neck collar sizes of every player in the field. We asked Soderstrom if he could help with understanding how our Healthcare Person of Merit, Tim Shannon, really fits into New Haven’s bio-science landscape.
HEALTHCARE PERSON OF MERIT
Soderstrom interrupts our first question with: “Can I just make a statement on Tim Shannon?” “I am so glad you are recognizing him because this guy is singlehandedly, right now, really transforming this area.” Soderstrom’s answer pretty much writes our 24
Shannon grew up in the Hill Section of New Haven and then his family emigrated all the way to West Haven. He went to parochial grammar school on Cedar Street and Columbus Avenue in New Haven and high school in both West Haven and New Haven. Shannon made it to far off Amherst for a Chemistry degree at Amherst College, then a Medical degree from UCONN and post-graduate Tim Shannon, the proverbial local boy who makes good, said this biotech will medical training at the be in New Haven. Beth Israel Hospital of Harvard Medical Eventually, however, Shannon wanted a more School and at Boston University. transformative role and he became the senior Shannon took that education portfolio back home vice president and head of Global Clinical and became an assistant professor of Pulmonary Development for Bayer’s Pharmaceutical and Critical Care at Yale University School of Business Group, then CEO of Branford and New Medicine – which is on Cedar Street in New Haven’s pioneering bio-science firm Curagen. Haven. He then joined and became a general partner With all due respect to J.LO, I guess we can at Canaan Partners, one of the leading venture rightly call him “Timmy From The Block.” capital firms in the U.S. Today, Shannon has helped marshal investments Conntact.com | Business New Haven