Michael Paul

Michael Paul Email and Phone Number

Founder and CEO @ Trucyto Biosciences, Inc.
Salt Lake City, UT, US
Michael Paul's Location
Salt Lake City, Utah, United States, United States
Michael Paul's Contact Details
About Michael Paul

Purpose-driven company and team builder with more than 25 years of life science industry experience including 15+ years as CEO, leading organizations from formation to strategic exit. Proven experience in raising equity and debt capital, and developing strategic plans that result in demonstrable commercial value. Strong track record of negotiating and managing corporate and academic partnerships that drive value-creation, developing effective and aligned executive and operational teams, and recruiting highly-experienced Board of Directors. • “Start to Finish” CEO with experience in all company phases from seed stage to multi-million revenue product commercialization to strategic exit.Responsibility-centered leader who builds cohesive and intellectually aligned executive teams held accountable for collective results. • Proven success in raising multiple rounds of equity and debt capital from venture capital investors, banks, and corporate partners. • Extremely effective in communicating, both internally and externally, the “why” behind an organization’s existence and basis for its success. • Source, negotiate, close, and manage value-creating partnerships with “brand name” academic, pharmaceutical, biotech, and technology companies. • Strong educational foundation and hands-on experience in developing and implementing strategic plans that create value in early and mid-stage stage organizations. • Reputation among board members and employees as a dedicated and inspirational leader with the ability to motivate and maintain teams throughout a company’s lifecycle.• Experience in developing and executing on business models in both rare disease diagnostics and rare disease therapeutics.

Michael Paul's Current Company Details
Trucyto Biosciences, Inc.

Trucyto Biosciences, Inc.

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Founder and CEO
Salt Lake City, UT, US
Michael Paul Work Experience Details
  • Trucyto Biosciences, Inc.
    Founder And Ceo
    Trucyto Biosciences, Inc.
    Salt Lake City, Ut, Us
  • Seek Labs
    Member Board Of Directors
    Seek Labs May 2024 - Present
    Salt Lake City, Ut, Us
  • Marabio, Inc.
    Ceo, President, And Member Board Of Directors
    Marabio, Inc. Mar 2023 - Present
    Salt Lake City, Utah, Us
    MARAbio's vision is a world in which the most severe effects of autism do not occur.
  • Marabio, Inc.
    Ceo Consulting, Strategy And Corporate Development
    Marabio, Inc. May 2021 - Mar 2023
    Salt Lake City, Utah, Us
    To detect Maternal Autoantibody Related Autism (MARA) and prevent the development of profound autism.
  • Support, Inc.
    Member Board Of Directors
    Support, Inc. Sep 2021 - Present
    Redefining the life experience for people with intellectual and developmental disabilities.
  • Trucyto Biosciences, Inc.
    Founder And Ceo
    Trucyto Biosciences, Inc. May 2021 - Present
    Trucyto is developing innovative genomic medicine-based products to selectively kill cancer cells
  • Petra Capital Partners
    Executive Network Advisor
    Petra Capital Partners Apr 2021 - Present
    Nashville, Tn, Us
    Consult with General Partners regarding potential investment opportunities to provide initial vetting of potential investments, support due diligence, assist GPs in CEO & team assessment, and provide operational guidance to portfolio investments and mentoring of CEOs, as appropriate.
  • Applied Biosensors
    Ceo Consulting, Strategy, And Corporate Development
    Applied Biosensors Aug 2021 - May 2023
    Salt Lake City, Utah, Us
    Applied Biosensors is providing cutting-edge sensor technology for process control in biomanufacturing.
  • Circular Genomics
    Ceo Consulting, Strategy, And Corporate Development
    Circular Genomics Jun 2022 - Mar 2023
    Albuquerque, New Mexico, Us
    Circular Genomics is a venture-backed startup company developing precision diagnostics utilizing circular RNAs as biomarkers to provide personalized care for patients with psychiatric and neurological disorders.
  • Bionano Genomics, Inc.
    Consulting, Strategy And Business Devel
    Bionano Genomics, Inc. Feb 2021 - Aug 2022
    San Diego, California, Us
  • Bionano Genomics, Inc.
    Chief Strategy Officer
    Bionano Genomics, Inc. Aug 2020 - Feb 2021
    San Diego, California, Us
    Bionano acquired Lineagen in August of 2020 to create an industry leader in cytogenetics through a combination of proprietary systems and consumables, commercial and clinical expertise in genetic diagnostic clinical services, and proprietary testing and interpretation technology.- Member of Senior Management Team reporting directly to Chief Executive Officer; responsible for establishing key strategic initiatives for merged Bionano-Lineagen entity.- Significant increase in acquisition value (+500% increase in share price), commercial performance (50% increase in year-over-year quarterly revenues), and capital formation (+$100M public offering to advance strategic initiatives of the merged entity) after the first full quarter of operations.
  • Lineagen, Inc.
    Ceo & President
    Lineagen, Inc. Mar 2006 - Aug 2020
    Salt Lake City, Utah, Us
    Built and led a venture capital-backed company from start-up through strategic exit, including: developing and implementing an integrated product development, marketing, sales, and managed care reimbursement strategy to commercialize the company's first offering from concept to $70+ million in revenue since launch.- Raised over $75M in venture capital and venture debt financings between 2007 and 2020.- Sourced and secured 5 separate letters of interest, led negotiations, and successfully completed an M&A transaction with Bionano Genomics, a NASDAQ-listed acquirer.- Led the implementation of a series of operational and commercial initiatives to improve path to profitability, which resulted in significant year-over-year improvements in gross profit margins (+54%), contribution margins (+108%), EBITDA (+59%), and Cash Burn (71% reduction). - Worked effectively with Board of Directors in establishing strategic and operational directives for corporation, including due diligence on multiple M&A opportunities.- Grew company to approximately 125 employees and annual top-line revenue to approximately $20M.- Completed all start-up formation and incorporation activities and negotiated broad IP license agreements with academic medical center institutional founders and partners, including The University of Utah, The Children’s Hospital of Philadelphia (the first equity-bearing license by CHOP), and Toronto Hospital for Sick Children.- Developed and implemented a strategy for the design, manufacture, and launch of customized genetic tests that incorporate validated proprietary scientific findings; resulted in peer-reviewed data that demonstrated 25% higher clinical utility vs. comparator tests. - Achieved +80% cumulative annual growth in customer orders, revenue, and cash collections first 5 years on the market.- Secured managed care contracts covering over 90 million U.S. lives.
  • Vspring Capital And Mesa Verde Venture Partners - Consulting Basis
    Venture Partner
    Vspring Capital And Mesa Verde Venture Partners - Consulting Basis Jan 2007 - Jan 2010
    - Participated in all aspects of venture capital investing, including deal sourcing, product/service evaluation, competitive analysis, “go/no go” recommendations on new investments and on-going investments in existing portfolio companies.- Evaluated and made recommendations on 100+ companies in the biotechnology, medical device, and diagnostics industry. Representative investments included, but not limited to: development of nebulized drugs for COPD by Elevation Pharmaceuticals (acquired in 2012 for up to $430 million by Sunovian) and development and commercialization of diagnostic tests for autoimmune diseases by Exagen Diagnostics (completed IPO in 2019 at ~$168M valuation).
  • Lineagen Research Corporation
    President, Coo
    Lineagen Research Corporation Nov 2002 - Mar 2006
    - Formulated and implemented a unique sponsored research and licensing business model with state and university stakeholders that generated greater than 150 percent IRR on research project commercialization through the execution of multiple corporate partnerships with world-leading biotechnology and pharmaceutical companies, including: Amgen, Merck, IBM, Bristol-Myers and Celera Diagnostics.- Completed corporate contractual milestones that repaid $3.73M in loan obligations, more than 2 years ahead of scheduled repayment period.- Managed budget to within 1% variance on expense side and exceeded top-line budget projections by more than 50%.
  • Huntsman Biotechnology Corporation
    Vp, Business Development
    Huntsman Biotechnology Corporation Apr 2001 - Nov 2002
    - Member of core strategic team responsible for seeking Series A financing for a start-up cancer-focused biotechnology company that secured a term sheet for $50 million.- Directed all aspects of corporate business development activities, including forming cross-functional teams to identify, evaluate, and implement business opportunities. - Directed the intellectual property and licensing strategy of the Huntsman Cancer Foundation and Huntsman Biotechnology Corporation.
  • Nps Pharma
    Director, Strategic Development
    Nps Pharma Jan 1999 - Apr 2001
    Bedminster, New Jersey, Us
    - Chaired and directed the activities of a product development group responsible for advancing a strategic product development plan of the Company’s programs, including recombinant versions of human glucagon-like peptide 2 (now FDA-approved as GATTEX®) and parathyroid hormone (now FDA-approved as Natpara®) which at the time was the Company’s first Phase III clinical candidate at the FDA. - Presented strategic product development recommendations and alternatives to corporate Senior Management and Board of Directors.- Analyzed new business opportunities and transactions, including M&A with corporate CEO, CSO, CFO and VP of Business Development/Operations.- Managed full spectrum of intellectual property estate responsibilities for a mid-cap biopharmaceutical company, including: analysis of company and third party technologies, management and direction of internal and external patent counsel (Amgen, Inc. and Kirin) for prosecution of international patent estate for Cinacalcet HCl (now FDA-approved as Sensipar®), and the definition and execution of business plans for extracting value from non-core corporate intellectual assets.
  • Nps Pharma
    Director, Intellectual Property
    Nps Pharma Dec 1997 - Jan 1999
    Bedminster, New Jersey, Us
    - Managed full spectrum of intellectual property estate responsibilities for a mid-cap biopharmaceutical company, including: analysis of company and third party technologies; management and direction of internal and external patent counsel; and the definition and execution of business plans for extracting value from non-core corporate intellectual assets.
  • Nps Pharma
    Manager, Intellectual Property
    Nps Pharma Oct 1996 - Dec 1997
    Bedminster, New Jersey, Us
    - Managed full spectrum of intellectual property estate responsibilities for a mid-cap biopharmaceutical company, including: analysis of company and third party technologies, management and direction of internal and external patent counsel (Amgen, Inc. and Kirin) for prosecution of international patent estate for Cinacalcet HCl (now FDA-approved as Sensipar®), and the definition and execution of business plans for extracting value from non-core corporate intellectual assets.
  • University Of Utah
    Technology Licensing Intern
    University Of Utah Jan 1996 - Oct 1996
    Salt Lake City, Ut, Us
    - Self-initiated first-ever biotechnology licensing internship at UUTTO; evaluated inventions for potential commercial applications and for patentability. Maintained invention disclosure records and summaries. Created reports detailing invention status and activity; initiated market studies and formulated marketing plans for inventions and marketed inventions to industry.
  • University Of Utah
    Research Assistant
    University Of Utah 1988 - 1989
    Salt Lake City, Ut, Us
    - Department of Pathology, University of Utah. Advisor – John Weis, Ph.D.
  • Harvard Medical School
    Research Assistant
    Harvard Medical School 1987 - 1988
    Boston, Ma, Us
    - Division of Immunology and Rheumatology, Harvard Medical School. Advisor – John Weis, Ph.D.
  • Massachusetts General Hospital
    Research Internship
    Massachusetts General Hospital 1987 - 1987
    Boston, Ma, Us
    - Embryology-Teratology Unit. Advisor – L.B. Holmes, M.D.

Michael Paul Skills

Biotechnology Venture Capital Genetics Strategic Planning Team Building Drug Discovery Entrepreneurship Commercialization Contract Negotiation Healthcare Negotiation Lifesciences Start Ups Business Development Biochemistry Bioinformatics Biopharmaceuticals Clinical Research Cell Biology Business Strategy Clinical Development Clinical Trials Cell Corporate Development Cancer Cross Functional Team Leadership Data Analysis Dna Drug Development Due Diligence Executive Management Genetic Testing Genomics Life Sciences Strategy Medical Devices Mergers And Acquisitions Pharmaceutical Industry Leadership Molecular Biology Molecular Diagnostics Patents Pharmacology Product Development R&d Technology Transfer

Michael Paul Education Details

  • University Of Utah
    University Of Utah
    Biochemistry/Molecular Biology
  • Colby College
    Colby College
    General

Frequently Asked Questions about Michael Paul

What company does Michael Paul work for?

Michael Paul works for Trucyto Biosciences, Inc.

What is Michael Paul's role at the current company?

Michael Paul's current role is Founder and CEO.

What is Michael Paul's email address?

Michael Paul's email address is mi****@****tal.com

What is Michael Paul's direct phone number?

Michael Paul's direct phone number is +180193*****

What schools did Michael Paul attend?

Michael Paul attended University Of Utah, Colby College.

What skills is Michael Paul known for?

Michael Paul has skills like Biotechnology, Venture Capital, Genetics, Strategic Planning, Team Building, Drug Discovery, Entrepreneurship, Commercialization, Contract Negotiation, Healthcare, Negotiation, Lifesciences.

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