Capital Formation
HealthPro has developed close relationships with institutional healthcare funds and strategic investors that look to us for innovative investment opportunities. Whether we pursue a financial or strategic investment, we will access our broad network of private equity, venture capital and high net-worth investors to meet our clients’ financial needs.
Mergers & Acquisitions
HealthPro represents both public and private companies in the sale or acquisition of a target company. In both buy-side and sell-side transactions, our goal is to structure transactions in which both the buyer and seller share and realize the benefits and risks. We pride ourselves in the creativity that we bring to the structure and negotiation of every transaction.
Licensing & Partnering
HealthPro identifies partners for the co-development, marketing and sale of clients’ assets. HealthPro will also structure and negotiate a license transaction, both domestically and internationally, that can include technology and method transfer, validation, scale-up, manufacture process, stability, bioequivalence and regulatory submission.
HealthPro works with clients to:
- Develop strategic goals and target lists of potential investors/buyers or sellers/partners, licensors and licensees
- Assist with presentations and due diligence dossiers
- Arrange well-vetted meetings with investors/target companies/strategic partners
- Advise on the structure, timing and pricing of the transaction terms
- Negotiate, document and close the transaction
HealthPro Team
CEO & Founder
Mr. Kratchman provides a vast array of advisory and banking services to the Healthcare sector including Capital Formation, Merger & Acquisition and Strategic Licensing and Partnering. He currently acts as advisor and investment banker to both public and private healthcare and life sciences companies in the areas of financial offerings, pipeline enhancement/divestment, business development and corporate restructuring.
Managing Director
Dr. Ajit Patwardhan brings over sixteen years of experience as a clinician, researcher and a business executive. As an integral part of the team, Dr. Patwardhan supports all aspects of HealthPro's services, and is responsible for new client relations and outreach. He is leading the team of HealthPro BioVentures LLC in its growth in the medical devices/orthopedic device sector.
Managing Director
James Kuo has over 20 years of experience in the life science industry as a venture capitalist, business development executive and CEO of life science companies. Previously, he served as Chairman and Chief Executive Officer of Adeona Pharmaceuticals, a publicly-traded biotech company developing CNS therapies. Dr. Kuo is also a founder and served as Chairman and Chief Executive Officer of BioMicro Systems, a profitable genomic tools company that was acquired by a major pharma company.
Associate
Lance Sommer brings years of extensive experience in scientific research and business expertise to HealthPro BioVentures. As part of the HealthPro team, Mr. Sommer is responsible for identifying new opportunities in the life science sectors, sourcing new clients, developing and maintaining client relationships, and helping to raise capital.
Specialist Advisors
Diagnostics
Jorge Leon is an internationally recognized expert and pioneer in the field of development and commercialization of clinical molecular diagnostics. Dr. Leon has a PhD in Cellular and Molecular Biology from NYU and completed his post doctoral studies at the German Cancer Research Center in Heidelberg, Germany and Columbia University in NYC.
Regenerative Medicine and Wound Healing
Dr. Ira M. Herman is a tenured professor and director of the Center for Innovations in Wound Healing Research at the Tufts University School of Medicine. Dr. Herman holds appointments in the departments of physiology, anatomy & cellular biology, ophthalmology and biomedical engineering. Professor Herman is a founding member and director emeritus of the Integrated Studies Program at the Sackler School of Graduate Biomedical Sciences at Tufts University School of Medicine and is a recipient of the Distinguished Faculty Award.
Pharmacology
Presently Chief Executive Officer and co-founder of Marillion Pharmaceuticals Inc, Dr. Subhan has 25 years experience in the pharmaceutical and biotechnology industries spanning roles in research, clinical development, sales, marketing and business development, including managerial positions with Sanofi-Aventis, GlaxoSmithKline, Merck, the Dupont-Merck Pharmaceutical Company (now part of Bristol-Myers Squibb), Gemini Genomics (now Sequenom, Inc) and Locus Pharmaceuticals.
Vaccines & Virology
Chief Technologist and Chairman of Scientific Board, Industrial Biotechnology Corporation; Executive Director, Global BioBusiness Initiative; Chairman, BioEnterprise Asia
Dr. Shahi is a physician with a PhD in molecular biochemistry from the National University of Singapore and a Masters degree in Public Health (international health policy and management) from Harvard University. He is a leading expert on technology innovation and change management in healthcare and BioBusiness.