Molecular Image – fundraising in a tough environment -Russ Singleton-02/02/2010 - 8:30am

Event Information
Event Topic: 
Molecular Image – fundraising in a tough environment
Event Date: 
02/02/2010 - 8:30am
Event Location: 
TIPs Group, 1000 Elwell Court, Suite 150, Palo Alto, CA
Speaker Information
Event Speaker: 
Russ Singleton
Event Speaker Title: 
President & CEO
Event Speaker Company: 
Molecular Image
Event Speaker Bio: 


Since July 2009, Dr. Russell M. Singleton has been President and CEO of Molecular Image. Dr. Singleton has over 25 years of transformational achievements in general management, marketing, strategic business development and engineering initiatives across medical device, life science and semiconductor capital equipment businesses. Prior to Molecular Image, he was GM of the SPECT Business Unit at Philips Medical Systems, responsible for driving a successful turnaround which has resulted a 17% improvement in market share and significant improvement in profitability. Prior to Philips, Dr. Singleton was VP, Engineering at Perlegen Sciences, a venture-capital backed personalized medicine company, and in the early 90’s a VP, Engineering at Molecular Dynamics, a venture-backed life sciences instrumentation company that successfully went through in IPO. Dr. Singleton also had cumulatively 18 years at at KLA-Tencor, a semiconductor inspection and metrology company. At KLA, he had VP/GM responsibility for startup and turnaround businesses spanning instrumentation, software and consulting including the acquisition of three businesses and spin-off of another. He received his BE (Electrical) from Pratt Institute, and received his MS and PhD from the University of Illinois in Electrical Engineering.

Event Details
Cost: 
$0 - Free
Event Details: 

Molecular Image is an early-stage personalized medicine company with a software technology which uses magnetic resonance and specific molecular data for predictive diagnostics in multiple sclerosis and other diseases. We have been in a quest to raise follow on financing this year after a successful bridge round late in 2008. We have not yet been successful and this talk discusses the company and the quest in this difficult environment.
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