Our November Meeting is the second installment
of PCCI's new mentoring program. The featured presenter is
Ken Kovan, CEO for Chaperone, another early-stage company
with a huge potential upside. Mr. Kovan has asked us to comment
on three areas of interest:
Chaperone's Business Model
Development program expansion -- Should
they take their lead compound CHP-105 to IND or should they
expand proof-of-concept into other disease areas as validation
of DnaK inhibition?
Competitive market (how to define?)
Here is how the new format works:
Cocktails and Dinner (There will be a cash bar and a special 3-entre
menu)
Short Business Meeting
Ken Kovan Presents Chaperone to
the Group
3-Person Panel Addresses Chaperone's
3 Major Issues
Open discussion: Members and Guests
The November Panel includes members: Joe
Patterson - on the Business Model, Donna
Lombardo - on the Development Program Expansion,
and Mike Pischl - on Defining the Competitive
Market.
Background
on Chaperone
For years, scientists and health experts have
warned that the overuse of antibiotics, often when they are
not needed, is leading to more and more drug-resistant pathogens.
Such resistant bacteria, or superbugs, are particularly dangerous
in hospitals, where the lethal microbes can colonize via surgical
wounds or from the frequent use of catheters. In the past
few years, there has been an unprecedented increase in the
rate of the worldwide spread of bacterial strains that are
resistant to conventional antibiotics.
This increasing problem has driven a sustained
search for new antimicrobials that can combat a range of resistant
bacteria, especially for those that act on a new target. Intracellular
bacterial targets, especially proteins essential to the life
cycle of bacteria, have tremendous potential as targets for
a completely new family of antimicrobials. Technology that
can successfully attack these superbugs would have a significant
impact on patients health and treatment costs.
Founded in June 2002, Chaperone Technologies
Inc., applies its expertise in bacterial target analysis,
compound synthesis, purification, and small molecule compound
screening to develop novel products, based on a proprietary
target and mechanism of action, for difficult-to-treat and
drug-resistant organisms across a broad range of infectious
diseases.
NOTE ON THE OCTOBER MEETING:
A Special Thank You from Don Skerrett
Once again, I want to thank everybody who attended PCCI's
October Mentoring Kickoff Meeting for making it such a successful
first of its kind. Our special guest, Wade Rogers, made a
compelling presentation for Cira Discovery Sciences. Bob Smith
and Lou Surden put in an informed and enlightening performance
as the featured panelists. As usual, Tom Thompson provided
the visual support. And Lynn Childs, Peter van der Kam and
Bill Warden took care of business end. At the end of the evening
everybody came away a winner.
Our October Meeting will kick off PCCI's
new mentoring program. The featured presenter is Wade
Rogers, the CEO for Cira, an early-stage company that
discovers biomarker patterns for medical diagnostics,
prognostics and therapeutics. Mr. Rogers has asked us
to comment on three areas of concern:
1) Cira's Business Model
2) Reimbursement Issues
3) Regulatory Issues Dealing with Diagnostics
Here's how the new format will work:
Cocktails and Dinner (There will be a cash bar and a special 3-entre
menu)
Short Business Meeting
Wade Rogers Presents Cira to the Group
3-Person Panel Addresses Cira's 3 Major Issues
Open discussion: Members and Guests
The October Panel includes: Bob Smith -
on the Business Model, Lou Surden - on Reimbursement,
and a Guest Expert - on Regulatory Affairs.
Please see the report of the last meeting
below for details about the new, one-time fee of $20 as
a reorganization fee and a report about the future of
PCCI from our last meeting. This fee will be collected
the next time a member attends a dinner.
Dinner fees also need to be raised. Winberie's
monthly dinners and private room charges amount to about
$28. Parking is free. The group decided dinners would
be a flat $30, with the extra money going first towards
the speaker's dinner and expenses, and then into the Treasury.
Lifetime dues for new members will remain
at $100.
All in all, PCCI meetings are expected
to be livelier than ever and all agreed the group has
a lot to offer -- both to the outside world, and to each
other, so let's keep the spirit: PCCI Lives!
Winberie's can accommodate up to 40 members
and guests! So Come One! Come All! Bring a Business Colleague!
Good Company! Good Program! Good Food! Good Fun!
RSVP to:
Don Skerrett
Managing Partner
Corporate Development Advisors
89 Bunker Hill Court
Chesterbrook, PA 19087
T/F: 610-647-3231
Mobile: 610-608-1569 don@rxpcci.com
MINUTES
FROM THE SEPTEMBER MEETING:
About 30 members gathered in Wayne, just off
202, at Winberie’s Restaurant, on Monday evening,
September 13. The group reached a milestone in PCCI’s
history and talked about how to keep moving forward. Don
Skerrett organized the event and called it: “PCCI
Lives!”
Past President Dick Dresher was on hand
to help with the transition to new leadership and Dick
kicked off a lively discussion on the value of the PCCI.
The group quickly made some key decisions:
· Monthly meetings would continue
at Winberie’s
· Meetings would be on the second Monday of the
month
The group unanimously elected Don Skerrett
as the new president and Don lead the discussion for the
remainder of the evening.
One of Don’s main thrusts was adding
a new kind of monthly program to the mix of guest speakers
and member presentations. Don suggested a series of presentations
by industry professionals with a new twist. Don called
it a “Mentor” format and it works, as follows.
After a guest speaker addresses our group,
he or she would have the advantage of hearing from a small
panel of PCCI members with expertise in the speaker’s
topic. These “consulting” panels would offer
their professional comments before opening to general
discussion. In this way, we can spread our reputation
as a group with significant expertise and help spark new
ideas for the presenters.
Don had already looked into this possibility
and suggested companies such as BioAdvantage, Innovation
Philadelphia and Benjamin Franklin Technical Partners
as possibilities. Other program ideas included inviting
Masters and Ph.D. candidates to present, as well as continuing
to host presentations by our members.
PCCI does continue to live on – but
finances need to be in order first. The 15th Anniversary
in June depleted the Treasury. Treasurer Lynn Childs reported
a balance of approximately $600. The group talked about
ways of replenishing and decided that each member would
be assessed a one-time fee of $20 as a re-organization
fee. This fee would be collected the next time a member
attended a dinner. The lifetime dues for new members would
remain at $100.
Dinner fees also need to be raised. 23rd
St. Café always was a bargain, but most other restaurants
cost more, especially for a private room. Winberie’s
dinners are about $28 (parking is free), so the group
decided dinners would be a flat $30, with the extra money
going first towards the guest speaker’s dinner and
expenses and then into the Treasury.
All in all, the PCCI meeting was as lively
as ever and all agreed the group has a lot to offer –
if not to the outside world, at least to each other, so
let’s keep the spirit.
Good Company! Good Fun!
Monday, September 13, 2004 Winberie's Restaurant
6:30 to 10:00 pm
"Under
New Management" Let's Make Our PCCI Membership More
Meaningful Good
company! Good drink!
Good food! Good Program! Good
fun!
Let's get together and discuss where PCCI
can go from here, how we can give
it new life, satisfy the needs of all our members... AND
ATTRACT NEW ONES!
There are 82 consultants associated with PCCI. We cover
most areas of expertise found in the pharmaceutical industry
-- from marketing, legal, technical and medical...to financial,
regulatory, IT, manufacturing and so on. What's more, our
experience is both domestic and international. In
short, we have a lot to offer.
One topic for discussion will be: How can we draw from these
many and varied skill sets on an ad hoc basis to form "mentoring"
panels. The objective: To assist emerging companies - as
a promotable community service -- using
PCCI's monthly mmeetings as a forum.
Winberie's
Restaurant 1164
Valley Forge Rd. Chesterbrook, PA
(Valley Forge area, just off Rt. 202 at the
Devon/Wayne/Gateway Shopping Center exit.) Plenty
of Free Parking, Upstairs Private Room Choice
of Entrees:
Chicken Marsala with Mushrooms, Pasta Pomodoro
with Shrimp, or London Broil Includes choice of:
Cafe salad or Caesar salad, a dinner beverage,
Desert of cheese cake or apple pie.
Price, including tax and tip, will be about $26.20.
A cash bar is available
Summer's over! The 23rd Street Cafe is but a memory now.
Let's get acquainted with Winberie's as well as chat about
where we want to take PCCI in the future. I hope you
can make it.
Let's
All Get Together Like Old Times
MONDAY, SEPTEMBER
13! 6:30 AT WINBERIE'S
Please get back to me ASAP via email or phone.
Hope you can make it,
Don Skerrett don@rxpcci.com 610.647.3231
610.608.1569 (Mobile)
LIKE
TO ATTEND AS A VISITOR? Call Don Skerrett for more information
at
610.608.1569 or email don@rxpcci.com
Tuesday, April 20 , 2004 23rd Street Cafe
6:30 to 10:00 pm " The Importance of the Hospital Market
to Pharmaceutical Selling" Speaker: Jeff Smock
Sponsor: Tom Thompson
MEET THE SPEAKER & PROGRAM: Jeff Smock is the principal in Jeff Smock Consulting, Inc. His early years of his pharmaceutical selling began with Beecham Laboratories in the seventies. He had responsibility for Beecham's growing business in antibiotics, particularly with Augmentin. After SmithKline merged with Beecham, Jeff was promoted to regional vice president. SmithKline and Beecham both had hospital selling forces with well-respected hospital brands. By the late 1990's, SmithKline Beecham decided its business required more attention with specialists outside the hospital environment and greatly trimmed back its hospital presence. After the merger with GlaxoWellcome, Jeff helped lead the initiative to get GSK firmly back into the hospital. Jeff retired from his position at GSK as Chief of Operations for General Pharmaceuticals in 2004.
The hospital market has always seemed like a necessary place to be for a pharmaceutical company. Yet most medicines prescribed by physicians originate from community practice and specialists. Does the hospital market have the value that pharmaceutical executives anticipate?
Our speaker this month offers his views from a career in the pharmaceutical industry.
Tuesday,
March 16, 2004 23rd
Street Cafe
6:30 to 10:00 pm
"Homeland & Corporate
Security Following September 11, 2001" Speaker:
Ralph Earl Sponsor:
Dick Dresher Good
company! Good drink!
Good food! Good Program! Good
fun!
MEET
THE SPEAKER: Back
by popular demand, PCCI's own Ralph Earl
will return to profile the impact of terrorist
attacks on the security environment in the
United States. As principal in Ralph
F. Earl Associates, Inc.- Security Consultants ,
Ralph has participated in a variety of projects
directly related to homeland and corporate
security.
In response to the September 11, 2001 terrorist attack on
the World Trade Center, the Federal Emergency Management
Agency's (FEMA) assigned Mr. Earl to set up and co-manage
the initial security program for protection of FEMA's New
York Disaster Field Office operations and personnel. Since
then, he has acted as a security consultant to a variety
of corporate entities and public utilities, and a State Department
of Corrections.
As the first Director of Corporate Security for SmithKline
Beecham, PLC and the AMAX Corp., Mr. Earl planned, developed
and managed comprehensive, worldwide programs for protection
of corporations' facilities, personnel, proprietary information
and other assets. As Director and later Consultant
and project manager in the public and private sectors, he
planned and designed the full scope of physical and technical
security programs and systems for corporate headquarters',
manufacturing and healthcare operations, R&D facilities,
computer centers, industrial sites, seaport and electrical
power control and transmission centers and commercial buildings.
Prior to his tenure at SKB, Ralph spent many years overseas
as a career diplomatic officer with the Foreign Service,
U.S. Department of State. His education includes a
BS in Public Administration from the University of Southern
California: the U.S. Military Academy, West Point,
NY in Engineering Studies, the Foreign Service Institute/U.S.
Department of State: Graduate Studies/Languages; Country
Studies and International Relations.
Tuesday, February
17 , 2004 23rd
Street Cafe
6:00 to 10:00 pm
"An
Introduction to Visual Edge Consulting & Software" Speakers:
Edward Kellar - CEO James Loch
- President & CTO
Good
company! Good drink!
Good food! Good Program! Good
fun!
MEET
THE SPEAKERS & PROGRAM: As
principals of Visual Edge Consulting & Software,
Ed Kellar and Jim Loch will introduce themselves
and their company to the PCCI membership.
They will provide an overview of the services
VECS offers and highlight some of their recent
engagements. As part of the overview,
Jim and Ed will discuss the marketing challenges
in selling IT services to pharmaceutical
prospects. They are dedicated to helping
their clients develop drug products and therapies
more efficiently and bring them to market
faster.
Ed Kellar is the CEO and cofounder. He has consulted with
large pharmaceutical companies such as Wyeth, GlaxoSmithKline
and Bristol-Myers Squibb as well as numerous technology companies
serving the life sciences industry. After graduating
from Drexel University with a B.S. in Accounting, Ed earned
an M.S. in Computing Sciences from Villanova University. He
frequently teaches various software engineering courses at
Penn State University.
Jim Loch is the President / Chief Technology Officer (CTO). He
has held various positions within Information Technology
departments of major pharmaceutical companies. Jim
is a member of the Drug Information Association (DIA) and
an active member of the Project Management Institute (PMI).
After graduating from Penn State University with a B.S. in
Finance, he earned an M.E. in Software Engineering from Penn
State University .
For more information on their venture, visit the Visual Edge website
at: www.vecs.com .
Tuesday,
January 20, 2004 23rd
Street Cafe
6:00 to 10:00 pm New
Year Kickoff
"The
Value of Medicines" Why
Do the Good Guys Shoot
Themselves in the Feet? Speaker:
Paul Findling, Chief of Staff, GSK Sales - Phila.
Sponsor: Tom Thompson Good
company! Good drink!
Good food! Good Program! Good
fun!
THE
SPEAKER AND PROGRAM: (Note:
Paul Findling, Chief of Staff for Bill Collier, SVP US Pharmaceuticals
- Phila, spoke in place of Bill, who had to be out of town.)
Unfortunately, public perception
of the good guys in the pharmaceutical industry
hasn't improved over past decades. High prices
mask the benefits to the healthcare system.
GSK is trying to stem the tide of sinking public
opinion by reaching professional groups and
associations to tell a different story with "The
Value of Medicine" program. Sales representatives
and managers are encouraged to make presentations
to local groups face-to-face and put the issues
into perspective. Bill Collier will talk about
this program and answer questions about doing
business in today's tough climate.
Bill entered the pharmaceutical
industry in the UK in 1981 as a Beecham sales
representative. At the time of the SmithKline
Beckman and Beecham merger in 1989, he was
in antibiotic marketing. For a brief time,
Bill joined Abbott Laboratories and then left
and went to Wellcome. To his good fortune,
Glaxo merged with Wellcome and Bill continued
to gain experience in numerous commercial management
positions with international responsibility,
including Area Director for Africa. Following
the GSK merger, Bill became responsible for
the former SmithKline Beecham product line.
Bill now oversees sales strategies for the
largest of GSK's business units. Bill likes
good discussion and looks forward to answering
challenging questions facing the pharmaceutical
industry.
Table
of Contents To
find out more information about a particular section,
click on the icon to the left of the section 2004-January
to November
Monday,
November 8, 2004 "Chaperone Technologies"
Speaker: Ken Kovan
Monday,
October 25, 2004 "Cira Discovery Science"
Speaker: Wade Rogers
Monday,
September 13, 2004 "Under New Management"
Tuesday,
May 18, 2004 "15 Anniversary Celebration
for PCCI "
Tuesday,
March 16, 2004 "The Importance of
the Hospital
Market to Pharmaceutical Selling"
Speaker: Jeff Smock
Tuesday,
March 16, 2004 "Homeland & Corporate
Security Following September 11, 2001"
Speaker: Ralph Earl
Tuesday,
February 17 , 2004 An Introduction to Visual
Edge Consulting & Software
Speaker:Edward Kellar - CEO, VECS
James Loch - President & CTO, VECS
Tuesday,
January 20, 2004 The Value of Medicines
Speaker: Paul Findling, GSK
Want
to Attend? Guests
are always welcome at our monthly meetings held September
through May. For information,
e-mail Don Skerrett Email:don@rxpcci.com or call Phone:
610.608.1569
Upcoming
Meetings Meetings
are monthly at the Wyndham Hotel (888 Chesterbrook Blvd.,
Chesterbrook, PA) Please
contact Don Skerrett (above) Good Company!
Good Drink! Good Food! Good Program! Good Fun!