Invention 2 Venture: Dr. Anthony Warren

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1 Presenta(on to I2V – 10/24/09 Dr. Anthony Warren, Director Farrell Center for Corporate Innova9on and Entrepreneurship, Smeal College Opportunity Recogni(on – A Story

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Dr. Anthony Warren received a B.S. (1st Cl. Hons.) and Ph.D. in Physics at the University of Birmingham, (UK) followed by post-doctoral research in low temperature superconductivity undertaken at the Universities of Toronto and Illinois. After three years heading a multi-national program in magneto-hydrodynamic power generation, Dr. Warren joined a start-up in Cambridge, England that created and executed new product strategies for major corporations based on a broad range of technologies. As the company, PA Technology, grew, Tony was responsible for the international operations setting up divisions in Australia, several European locations and finally in Princeton, NJ. In 1987, Tony co-founded and raised the capital for a 10-year Limited Partnership to create and develop early stage technology-based companies. In 1999, he co-founded Strategic Technologies LLC, a boutique investment bank undertaking transactions for corporations with significant intellectual property assets. He is also a venture partner in Adams Capital Management. Dr. Warren joined the Smeal College of Business Administration at Penn State as Director of the Farrell Center for Corporate Innovation and Entrepreneurship and the Farrell Clinical Professor for Entrepreneurship in 2001. He is the author of many scientific papers, patents, as well as articles on innovation and risk finance. He has been a regular keynote speaker at the national SBIR conferences and was recently invited to join the National Innovation Initiative. His current research interests are centered around scalable problem-based learning, improved practices for technology transfer, hybrid business models, and factors important in entrepreneurial eco-systems.

Transcript of Invention 2 Venture: Dr. Anthony Warren

Page 1: Invention 2 Venture: Dr. Anthony Warren

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Presenta(ontoI2V–10/24/09

Dr.AnthonyWarren,DirectorFarrellCenterforCorporateInnova9onandEntrepreneurship,SmealCollege

OpportunityRecogni(on–AStory

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EntrepreneursDevelop“PersonalAntenna”forSpoEngOpportuni(es……forexample…

  ExposingInconsistencies  BeingSensi(veto“PointsofPain”  “JoiningtheDots”  TalkingtoExpertsandPoten(alCustomers

 ThinkingBigandALWAYSbeingInquisi(ve…..

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TheyTargetBIGMarkets•  Thereare26millionasthma9csinUSAandUK‐25%withchronicasthma

•  Theannualspendperpa9entis$4,000‐Wecancutthisinhalf

•  Poten9alValueProposi9onforAsthma:SaveHealthcareIndustry$13Bilannually•  19millionAmericansufferfromsleepapnea‐Current(Inadequate)Treatments,$1,000•  Poten9alMarketforApnea:$7Bilannually

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Asthma and Apnea Sufferers Retrain Their Breathing at Home.....

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….While Connected to the Internet and Within a Social Network

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AHA!

AustralianDoctor

StudentTeam

GeisingerHealthCare

HersheyMedicalCenter

2’ndaryResearch

Advisors:DoctorsPSUSpecialistsITSpecialistsTelemedicineCompanies

BFTP

LSGPA

PrimaryResearch

Consultants

SLP,Israel

AngelInvestors

Joining the Dots to Make It Happen……….