Jim Tananbaum founded the Foresite Capital in the year 2011. The company is a private equity firm that is dedicated to healthcare. It specializes in identifying the future healthcare leaders. It, therefore, grows by giving information and supplying networks. Before he began the firm, Jim Tananbaum was a co-founder in two healthcare practices. He was also a co-founder of other two biopharmaceutical companies. Jim also started GelTex Pharmaceuticals. The company was bought in 1998, and it is estimated that it makes an annual revenue of $1 billion. He was also a founding partner of Prospect Ventures Partners II and III firm. In the early days of his career, he was able to help Sierra Ventures to establish its investment practice and healthcare services.
Jim Tananbaum studied at Yale University. He got a major sin computer science and math and electrical engineering. He also went to Harvard and got his M.B.A and M.D. from here. In addition to this, he attended the Massachusetts Institute of Technology. Here, he received his M.S. Jim has been mentored by several of his collaborators. He has been mentored by George Whitesides from Harvard and Rick Levin from Yale. From his time in high school, he had always wanted to bring together the idea of computer sciences and computer sciences with healthcare.
Jim Tananbaum has led many investment programs. These investments include Amira Pharmaceuticals, Jazz Pharmaceuticals, Healtheon, and Amerigroup. NYSE: BMS later bought Amerigroup. He has also been on some visiting committees and advisory boards. He sat on the board of Harvard-MIT HST. In addition to this, he was also on the board of the Yale School of Engineering.
On a typical work day, Jim spends his time with the members of his team. They spend time on calls or in meetings. In the meetings, they get to discuss the company updates and the existing portfolio. The also get to network with the leaders of healthcare and also getting to see new firm presentations. He also spends his dinner time with his family. He claims to value his family. When not taking dinner with his family, he will mostly network. Although he usually has a busy schedule, Jim will always try to find an hour to do some workout.