Category Archives: People

Scott Rocklage and 5AM Lead Financial Support for Muscular Dystrophy Research

According to recent press releases, Expansion Therapeutics has been gathering Series A financing in order to increase its number of drugs that target genetic disorders such as myotonic dystrophy type 1 (DM1), which is the primary cause of adult onset muscular dystrophy. This financing effort was headed by 5AM Ventures, Novartis Venture Fund and Kleiner Perskins, with participation from Alexandria Venture Investments and RA Capital Management. Scott Rocklage, Ph.D., the Managing Partner of 5AM Ventures and also the Chairman of the Board of Directors for Expansion Therapeutics, stated that Expansion Therapeutics had formulated a plan to use the capital efficiently in order to advance the number of drugs that target RNA molecules in diseases like DM1.

 

Certain RNAs, which are molecules from DNA that have been changed to proteins, reach toxic levels in people with this genetic tendency and cause the resulting nervous system deterioration associated with DM1. Currently, there is no effective treatment for DM1. Expansion Therapeutics has based its scientific methods on research from The Scripps Research Institute’s Matthew D. Disney, Ph.D., who, according to Scott Rocklage, is the leader of the scientific team that is conducting the research.

 

Scott Rocklage is the founder and Managing Partner over 5AM Ventures. Scott Rocklage received a B.S. degree in Chemistry from the University of California, Berkeley and a Ph.D. degree in Chemistry from the Massachusetts institute of Technology (MIT). During his time at MIT, Scott Rocklage performed research in the laboratory of Richard Schrock, who received the Nobel Peace Price in Chemistry in 2005.

 

With more than 30 years of healthcare management experience, Scott Rocklage has had success having medications like Teslascan, Cubicin and Omniscan receive FDA approval. Scott Rocklage has more than 30 United States patents for personal and co-authored inventions, and a large number of his published works have been peer-reviewed. Scott Rockladge also has held many leadership roles such as the chairman and CEO of Cubist Pharmaceuticals, President and CEO of Nycomed Salutar and is currently the Chairman of the Board for Kinestral, Cidara and Rennovia.

 

Scott Rocklage and 5AM Ventures are looking forward to continuing to support these efforts to develop drugs to combat genetic diseases for patients who have few treatment options. All the participants in this joint approach are optimistic about future results, and Scott Rocklage will continue to leverage his financial and medical experience to advance this work.

 

Visit http://5amventures.com/team/scott-m-rocklage-phd/ to learn more.

Category: People

How Hussain Sajwani Has Flourished In Real Estate Business

Hussain Sajwani is a notable businessman who has transformed the real estate business. He is one of the celebrated investors in the Middle East. Most of his investments are made through DAMAC Properties. DAMAC Properties a renowned company that completed thousands of constructions in the Middle East. The company was established in 2002 to exploit some of the businesses that had not been tapped in the region.it has succeeded in coming up with luxurious buildings that have been ideal attraction point to thousands of investors.

Hussain Sajwani obtained high-quality education from one of the prestigious institutions in the world. He is an alumnus of Washington University. He pursued Economics and Industrial Engineering. 1981. The Company is a branch of Abu Dhabi National Oil Company. He served in the company for two years. He left to found his own company. Hussain was responsible for processing contract payments at GASCO. He was also in charged contracts in the company. The company made him realize the amount of money that people accumulate by starting their own companies. He left GASCO and started catering business. The business started from a simple ground, but it flourishes after few years.

Hussain Sajwani DAMAC properties with little capital. The business expanded its operations after few years due to able leadership of Hussain Sajwani. He gained the experience while working for the family business. His father was a renowned entrepreneur who was selling pens and watches. Hussain was left with the management of the business while he was young. He developed a passion for business investment while working at his father’s investment. The experience that he gained at GASCO also encouraged him to establish his own business.

Hussain Sajwani invested the money he earned in established small hotels. He saved the money from the small hotels and used to construct skyscrapers.one of the achievements that entered into the books of records in the establishment of story building which he sold within six weeks. DAMAC owner overseers the over 200 projects that are being carried out by his company.

Hussain Sajwani came up with DAMAC Hills which was constructed with state-of-the-art technology. The property has a golf course which has earned Hussain a lot of reputations. The golf course was constructed in partnership with President Donald Trump. Hussain has a close relationship with Trump. The relationship was developed many years ago before Trump became president. The partnership has enabled them to carry out large projects in various parts of the world. The two real estate businessmen agreed to construct modern golf courses in the world. The two of the golf courses are Trump-branded.

Hussain Sajwani family have close ties with the family of Trump. The relationship has flourished over the years through business partnership. Hussain Sajwani has been involved in various philanthropic works in the work. He has donated a lot of money to assist the less privileged people in the society. Most of the money has been used in clothing children in the society. Hussain has put a smile on the face of many people. Many children have been clothed.

 

Connect with Hussain Sajwani on LinkedIn.

Category: People