Thomas Tscherning

Current

• Chairman of Board of Directors at Zymenex [www.Zymenex.com]
• Director at BankInvest Group [www.BankInvest.com]
• Partner at BankInvest Biomedical Venture [www.BIVenture.com/partnering]

see less...

Past

• Director at Board of Directors at CMC Biopharmaceuticals A/S [www.CMCBio.com]
• Senior Portfolio Manager at BankInvest Biomedical Venture [www.BIVenture.com/partnering]
• Research Fellow at Copenhagen University & Hospitals

see less...

Education

• Institute of Directors [www.IoD.co.uk], UK
• Copenhagen Business School [uk.cbs.dk]
• Karolinska Institute & The Medicines Agency Sweden [www.pharmaceutical-medicine.org]

• Copenhagen University [www.KU.dk/english]

see less...

1 more...

Recommended

63 people have recommended Thomas

Connections

500+ connections

Industry

Biotechnology

Thomas Tscherning’s Summary

LINKEDIN CONTACTS INCLUSION CRITERIA:
► Hard working people.
► Met in-person eye-to-eye.

VISION:
Creating products & processes => sustainable improvement of healthcare.

WORKING PRINCIPLES:
► Clarity: mining for team conflicts & process bottlenecks.
► See presentation "Working Principles" below in LinkedIn/SlideShare.

CONTRIBUTION & BUSINESS IMPACT:
► Turning 3000+ projects into 18 trade-sales/IPOs (supporting 70+ human therapies).
► Co-founder 1997 of BankInvest Venture with currently 36 employees and MEUR 600+ funds in biotech, ICT, cleantech and emerging markets.
► Co-founder of 6 companies (3 sold and 1 IPO'ed - all at profit).
► As board chairman or member - achieved last 3 exits in BankInvest Biomedical Venture: IPO'ed genomics company at MEUR 100+ valuation, sold CMO at +3x multiple to private equity fund, and sold biologics drug program for MUSD 130+ to large pharmaceutical company.
► Seed investor in Genmab, Zealand Pharma, Santaris, TopoTarget, o.a.

BACKGROUND:
► Medical Doctor (KU, DK) with specialization in Pharmaceutical Medicine (KI, SE) and full license to independent practise (EU).
► MBA (CBS, DK), Chartered Director (CDir, MIoD, UK), Certified Lean Six Sigma Black Belt (CSSBB, QA, US).
► Hands-on (3+ trials) clinical investigator experience with 20+ peer-reviewed international scientific publications.

Thomas Tscherning’s Specialties:

► Entrepreneur: team, KPI, Lean, governance, complicance, scenario, risk, board, backup, turn-around, working capital.
► Healthcare: IND, KOL, design clinical trial, phase II, cGCP, NDA, orphan drug, NICE, contracting CMC, CMO, CRO, regulatory.
► Finance: IP/patent, valuation, DCF, NPV, option, Monte Carlo, term sheet, negotiation, investor communication, IR, memorandum, portfolio, offering, fundraising, shareholder rights, liquidation, sale, IPO, license, auction, secondary, exit.

Thomas Tscherning’s Experience

• Chairman of Board of Directors

  Zymenex [www.Zymenex.com]

  (Privately Held; Biotechnology industry)

  March 2007 — Present (2 years 9 months)

• Director

  BankInvest Group [www.BankInvest.com]

  (Privately Held; Investment Management industry)

  July 2005 — Present (4 years 5 months)

• Partner

  BankInvest Biomedical Venture [www.BIVenture.com/partnering]

  (Privately Held; Investment Management industry)

  September 2003 — Present (6 years 3 months)

• Director at Board of Directors

  CMC Biopharmaceuticals A/S [www.CMCBio.com]

  (Privately Held; 51-200 employees; Biotechnology industry)

  December 2005 — February 2008 (2 years 3 months)

• Senior Portfolio Manager

  BankInvest Biomedical Venture [www.BIVenture.com/partnering]

  (Venture Capital & Private Equity industry)

  April 2000 — August 2003 (3 years 5 months)

• Research Fellow

  Copenhagen University & Hospitals

  (Research industry)

  1994 — 2000 (6 years )

  Basic, pre-clinical, and clinical biomedical research:
  ► 20+ scientific publications in international peer-reviewed journals [www.ncbi.nlm.nih.gov/sites/gquery?term=tscherning+t]

Thomas Tscherning’s Education

• Institute of Directors [www.IoD.co.uk], UK

  Chartered Director (C. Dir.) , Business Strategy, Corporate Governance, Effective Boards , 2005 — 2007

  Qualification:
  Institute of Directors (IoD, UK) is the only Royal Charter awarding professional directors qualification and endorsed by most major UK investment companies, insurance institutions & pension funds (50.000+ members). Chartered Director (C.Dir) qualification is awarded after:
  ► Validation of knowledge (Certificate and Diploma exams in numerous business subject areas)
  ► Experience (7+ years of directorship validated by board of industry experts)
  ► Probity (validation of standing by report of number of peers)

  Activities and Societies:

  .
  Achievements:
  ► First candidate awarded C. Dir. title in Denmark (second out of Scandinavia) out of currently a total of +650 world wide.
  .
  Personal committment to the implementation of:
  ► Values, mission and vision.
  ► Risk management through establishment of corporate governance processes.
  ► A personal "Chartered Director - Code of Professional Conduct".

• Copenhagen Business School [uk.cbs.dk]

  Master of Business Administration (MBA) , Finance , 2005 — 2006

• Karolinska Institute & The Medicines Agency Sweden [www.pharmaceutical-medicine.org]

  Post-graduate Diploma in Pharmaceutical Medicine (DPM) , (Therapeutics development, Regulatory Approval) , 2003 — 2004

• Copenhagen University [www.KU.dk/english]

  Master of Medicine (cand.med.) , License to practise medicine , 1989 — 1996

Additional Information

Thomas Tscherning’s Interests:

GOVERNING BODY - MY FAMILY: ► Katie: speaking danish fluently ► Nadia: skiing and scuba-diving. ► Kai: cooking dinner and loving ballet. ► Makena: eating with utensils. => Raising happy kids into robust, independent, productively creative adults. HEALTH: ► Running marathons (x5) and ½-marathons (numerous). ► PADI Open Water scuba diving. ► Skiing. ► Surfing, windsurfing, but not yet kite-surfing.

Thomas Tscherning’s Groups:

SUPPORTING PRO BONO:
► Medicines Sans Frontieres [www.msf.org].

•    INSEAD Alumni (5,000+ Alumni connected)
•    Doctors Without Borders / Médecins Sans Frontières
•    American Society for Quality
•    Chartered Director Network
•    Regulatory Affairs Professionals Society (RAPS)
•    TOPRA

Thomas Tscherning’s Honors:

FAMILY:
► Proud father of 3 kids.

SCIENTIFIC:
► Gold-medal awarded thesis (Prisopgave), 1995, "Inflammatory mediators in the pathogenesis of neurological diseases", Copenhagen University (DK).

MEDICAL:
► Elected by Ribe County approx. 190+ registrar doctors to be chairman of County Council and member of General Assembly ("Repræsentantskabet"), 1997-1998.
► Chosen by Danish Medical Association DADL to be represented in Work Environmental Committee, 1997-2000.
► Chosen by Danish Medical Association DADL to be member of Research Fund Scientific Evaluation Committee, 2000-2002.

ENTREPRENEURSHIP:
► x3 "Expert Reviewer" and x1 "Final Judge" at the European Venture Contest coordinated by Europe Unlimited.

WORK:
► Elected representative ("Tillidsrepræsentant") of 90 registrar doctors at Esbjerg County Hospital, 1997-1998.
► Chosen representative ("Sikkerhedsrepræsentant") of 190 employees of BankInvest Group to Work Environment Committe , 2000-2005, required by law.

Thomas Tscherning’s Contact Settings

Interested In:

• career opportunities
• new ventures
• getting back in touch