Difference between revisions of "Michelle Dipp"

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'''Michelle Dipp''' is an [[American scientist]], businesswoman, and investor.<ref>https://www.biospring.com/michelle-dipp|title=Biospring Partners &#124;</ref>
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'''Michelle Dipp''' is an American scientist, businesswoman, and investor.<ref>https://www.biospring.com/michelle-dipp|title=Biospring Partners &#124;</ref>
  
 
She was selected a [[WEF/Young Global Leaders 2015|Young Global Leader]] by the [[World Economic Forum]] in 2015.  
 
She was selected a [[WEF/Young Global Leaders 2015|Young Global Leader]] by the [[World Economic Forum]] in 2015.  
  
==Early life and education==
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{{QB|We also feel like [[Covid-19]] gave people a renewed sense of faith in healthcare. I think people had a lot of concern with the [[healthcare industry]] and a mistrust in [[Big pharma|pharma]] and biotech. I think people realized, “Oh wow, this is really why they spend so much money on research and development.” The fact that we have multiple [[COVID vaccines]] a year later—it’s nothing short of a scientific miracle<ref>https://www.decibio.com/insights/q-a-with-michelle-dipp-co-founder-and-managing-partner-at-biospring-partners</ref>}}
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==Background==
 
Michelle Dipp was raised in [[El Paso, Texas]].<ref name="star">https://www.elpasotimes.com/story/news/local/el-paso/2016/06/25/el-pasoan-star-biotech-industry/86007726/</ref> Her mother was a nurse in the ER and her father was a businessman.<ref name="auto">https://www.elpasotimes.com/story/money/business/2015/09/30/el-paso-native-fortune-40-under-40/73113330/</ref>
 
Michelle Dipp was raised in [[El Paso, Texas]].<ref name="star">https://www.elpasotimes.com/story/news/local/el-paso/2016/06/25/el-pasoan-star-biotech-industry/86007726/</ref> Her mother was a nurse in the ER and her father was a businessman.<ref name="auto">https://www.elpasotimes.com/story/money/business/2015/09/30/el-paso-native-fortune-40-under-40/73113330/</ref>
  
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In 2020, Dipp founded Biospring Partners with Jennifer Lum to conduct venture capital in the life sciences industry. Investments for Biospring Partners include funding for Abzena<ref>https://www.wsj.com/articles/biospring-partners-backs-drug-developer-and-manufacturer-abzena-11595891451</ref> who were subsequently selected to work on the antibody cocktail for COVID 19 treatment.<ref>https://www.pharmoutsourcing.com/1315-News/573005-Abzena-Selected-by-Immunome-to-Manufacture-Antibody-Cocktail-for-COVID-19-Treatment/</ref>
 
In 2020, Dipp founded Biospring Partners with Jennifer Lum to conduct venture capital in the life sciences industry. Investments for Biospring Partners include funding for Abzena<ref>https://www.wsj.com/articles/biospring-partners-backs-drug-developer-and-manufacturer-abzena-11595891451</ref> who were subsequently selected to work on the antibody cocktail for COVID 19 treatment.<ref>https://www.pharmoutsourcing.com/1315-News/573005-Abzena-Selected-by-Immunome-to-Manufacture-Antibody-Cocktail-for-COVID-19-Treatment/</ref>
 
{{QB|We also feel like [[Covid-19]] gave people a renewed sense of faith in healthcare. I think people had a lot of concern with the healthcare industry and a mistrust in [[Big pharma|pharma]] and biotech. I think people realized, “Oh wow, this is really why they spend so much money on research and development.” The fact that we have multiple [[COVID vaccines]] a year later—it’s nothing short of a scientific miracle<ref>https://www.decibio.com/insights/q-a-with-michelle-dipp-co-founder-and-managing-partner-at-biospring-partners</ref>}}
 
 
  
  

Latest revision as of 14:30, 13 September 2024

Person.png Michelle Dipp   Twitter WebsiteRdf-entity.pngRdf-icon.png
(scientist, businesswoman)
Michelle Dipp.png
NationalityUS
Alma materLoretto Academy, Oxford University
Member ofWEF/Young Global Leaders/2015
InterestsDigital healthcare
Biotechnology investor.

Michelle Dipp is an American scientist, businesswoman, and investor.[1]

She was selected a Young Global Leader by the World Economic Forum in 2015.


We also feel like Covid-19 gave people a renewed sense of faith in healthcare. I think people had a lot of concern with the healthcare industry and a mistrust in pharma and biotech. I think people realized, “Oh wow, this is really why they spend so much money on research and development.” The fact that we have multiple COVID vaccines a year later—it’s nothing short of a scientific miracle[2]


Background

Michelle Dipp was raised in El Paso, Texas.[3] Her mother was a nurse in the ER and her father was a businessman.[4]

Dipp attended Loretto Academy, where she graduated in 1994.[5] She graduated with a bachelor's degree, an M.D., and a Ph.D. in physiology from Oxford University.[4][6]

Career

After graduation, Dipp moved to Boston, Massachusetts. In 2005, she began working at Sirtris Pharmaceuticals, a startup that created drugs that were meant to slow aging and protect against degenerative diseases related to aging. The company researched and tested activators of sirtuin, such as resveratrol formulations.[3][7] In 2008, she became vice president of corporate development at Sirtris Pharmaceuticals.[4][8]

Sirtris was purchased and made a subsidiary of GlaxoSmithKline in 2008. [9] At GlaxoSmithKline, Dipp became the head of their Center of Excellence for External Drug Discovery.[6]

2008–2010

In 2008, Dipp worked with Christoph Westphal, Richard Aldrich, and Alexey Margolin to found Alnara Pharmaceuticals, which was created to develop ways to formulate biopharmaceuticals so they could be taken by mouth, instead of by injection.[10]

In February 2010, Dipp, Westphal, and Aldrich formed a new venture fund called Longwood Founders Fund. In August 2010, the Longwood team co-founded VeraStem by providing seed funding and office space its offices; Verastem aimed to isolate cancer stem cells and then discover drugs that would selectively kill them. The company held its IPO in 2012.[11]

2015–2020

In January 2015 Longwood and Dipp helped found Flex Pharma[12] In November 2016 Dipp and Longwood helped launch Axial Biotherapeutics where she took a board seat. [13] In October 2017 Dipp became the Managing Director at General Atlantic,[14][12] a global growth equity firm based in New York City. Michelle launched their first life sciences investment platform and served as a member of the life sciences investment committee while at General Atlantic. Michelle served as a Board Observer for Ginkgo BioWorks and as a board member for PathAI and Immunocore.[15]

In 2020, Dipp founded Biospring Partners with Jennifer Lum to conduct venture capital in the life sciences industry. Investments for Biospring Partners include funding for Abzena[16] who were subsequently selected to work on the antibody cocktail for COVID 19 treatment.[17]


 

Event Participated in

EventStartEndLocation(s)Description
WEF/Annual Meeting/201922 January 201925 January 2019Switzerland
World Economic Forum
"The reality is that we are in a Cold War [against China] that threatens to turn into a hot one."
Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References

  1. https://www.biospring.com/michelle-dipp%7Ctitle=Biospring Partners |
  2. https://www.decibio.com/insights/q-a-with-michelle-dipp-co-founder-and-managing-partner-at-biospring-partners
  3. a b https://www.elpasotimes.com/story/news/local/el-paso/2016/06/25/el-pasoan-star-biotech-industry/86007726/
  4. a b c https://www.elpasotimes.com/story/money/business/2015/09/30/el-paso-native-fortune-40-under-40/73113330/
  5. Loretto Academy Alumnae Directory. El Paso, Texas: Harris Connect. 2010. p. 30.
  6. a b https://www.bizjournals.com/boston/stories/2009/10/05/focus15.html
  7. https://www.nytimes.com/2009/08/18/science/18aging.html?8dpc
  8. https://www.fiercebiotech.com/special-report/dr-michelle-dipp-women-biotech-2012
  9. https://www.nytimes.com/2008/04/23/business/worldbusiness/23iht-glaxo.1.12262724.html
  10. http://www.xconomy.com/boston/2008/10/30/alnara-pharmaceuticals-aims-to-make-biotech-drugs-you-can-swallow-and-go-right-where-they-belong/
  11. https://xconomy.com/boston/2013/06/06/verastem-switches-ceos-as-westphal-steps-into-chairman-role/
  12. a b https://www.finsmes.com/2017/10/michelle-dipp-joins-general-atlantic-as-managing-director.htm
  13. https://www.biospace.com/article/new-boston-biotech-axial-biotech-launches-with-19-15-million-and-will-be-helmed-by-abbvie-glaxosmithkline-vet-
  14. https://www.generalatlantic.com/media-article/dr-michelle-dipp-joins-general-atlantic-managing-director/
  15. https://www.businesswire.com/news/home/20190417005202/en/PathAI-Secures-60M-in-Series-B-Funding-Led-by-General-Atlantic-and-Existing-Investor-General-Catalyst
  16. https://www.wsj.com/articles/biospring-partners-backs-drug-developer-and-manufacturer-abzena-11595891451
  17. https://www.pharmoutsourcing.com/1315-News/573005-Abzena-Selected-by-Immunome-to-Manufacture-Antibody-Cocktail-for-COVID-19-Treatment/


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