Company Location Founder In operation Year Founded Employment Total Proceeds in Millions USD IPOs, sale of company, acquisitions of other firms
Avidimer Ann Arbor, MI Baker, James R. No 2003 5 6.7 None
Liquidia Technologies Morrisville NC Desimone, Joseph Yes 2004 50 63.4 None
Parallel Solutions, Inc Cambridge MA Esener, Sadik; Langer, Robert S. No 2001 9 0.9 None
Ziva San Diego CA Esener, Sadik No 2002 6 0.0 None
Optical Micro-Machines San Diego CA Esener, Sadik No 2010 1 0.0 None
Leonardo Biosystems Houston, TX Ferrari, Mauro Yes 2005 2 1.3 None
NanoMedical Systems Austin, TX Ferrari, Mauro Yes 2007 9 5.0 None
Lumera Corp Bothell WA Gambhir, Sanjiv No 2000 80 60.5 IPO $41.7M 05-2004; Acquired by GigOptic 12-2008
Forma Therapeutics Watertown MA Golub, Todd Yes 2008 90 124.4 Acquired SolMap Pharmaceuticals 10-2008
Foundation Medicine Cambridge MA Golub, Todd Yes 2009 5 86.0 None
H3 Biomedicine Cambridge MA Golub, Todd Yes 2011 30 400.0 Acquired by Eisai Inc., $200M, 01-2011
Integrated Diagnostics Inc Seattle WA Heath, James Yes 2009 5 50.0 None
Combinent Biomedical Systems Lexington, MA Langer, Robert S. Yes 2000 2 12.7 None
PureTech Ventures Boston, MA Langer, Robert S. Yes 2000 15 0.0 None
Momenta Pharmaceuticals Cambridge, MA Langer, Robert S. Yes 2001 197 348.9 IPO $34.8M 06-2004; Acquired Sialic Switch assets $51.5M 11-2011
Pervasis Therapeutics Cambridge, MA Langer, Robert S. No 2003 10 240.2 Acquired by Shire PLC, $200M, 04-2012
Pulmatrix Boston, MA Langer, Robert S. Yes 2003 35 53.4 None
Arsenal Vascular (medical) Brookline, MA Langer, Robert S. Yes 2005 3 23.8 None
InVivo Therapeutics Cambridge, MA Langer, Robert S. Yes 2005 16 51.4 IPO $17.4M, 02-2012
Living Proof Cambridge, MA Langer, Robert S. Yes 2005 33 10.9 None
BIND Biosciences Waltham, MA Langer, Robert S. Yes 2006 20-49 63.6 No
SemprusBioSciences Cambridge, MA Langer, Robert S. Yes 2006 13 54.1 Acquired by Teleflex, $30M, 06-2012
T2 Biosystems Lexington, MA Langer, Robert S. ; Weissleder, Ralph Yes 2006 25 37.7 None
Selecta Biosciences Watertown, MA Langer, Robert S. Yes 2007 30 55.6 None
Seventh Sense Biosystems Cambridge, MA Langer, Robert S. Yes 2008 6 15.2 None
TARIS BioMedical Lexington, MA Langer, Robert S. Yes 2008 8 30.7 None
Kala Pharmaceuticals Waltham, MA Langer, Robert S. Yes 2009 5 12.2 None
ModeRNA Therapeutics Cambridge, MA Langer, Robert S. Yes 2009 25 0.0 None
480 Biomedical Watertown, MA Langer, Robert S. Yes 2011 60 20.1 None
Blend Therapeutics Watertown, MA Langer, Robert S. Yes 2011 6 2.8 None
NanoInk Chicago, IL Mirkin, Chad A. Yes 2000 27 77.0 None
Nanosphere Northbrook, IL Mirkin, Chad A. Yes 2000 51-200 267.5 IPO $98M 11-2007
Aurasense Therapeutics Evanston, IL Mirkin, Chad A. Yes 2009 15 7.9 None
Molecular Imaging Research Ann Arbor MI Ross, Brian Yes 2002 20 32.0 Acquired by Charles River, $12.5M, 09-2008
Imbio Minneapolis MN Ross, Brian Yes 2007 1 0.0 None
Oncovance Technologies Inc Houston TX Scardino, Peter No 2003 0 0.0 None
Encapsion/Anterios, Inc. New York, NY Torchilin, Vladimir P Yes 2006 80 19.8 None
Nemucore Wellesley, MA Torchilin, Vladimir P Yes 2008 10 0.0 None
MitoVec Inc. Boston, MA Torchilin, Vladimir P No 2000 5 0.0 None
VisEn Medical Boston, MA Weissleder, Ralph No 2000 11-50 58.8 Acquired by PerkinElmer, $23M, 08-2010
PixelEXX Systems St. Louis, MO Wickline, Samuel A. Yes 2008 4 0.3 None
Number of companies=41
Avg.=1.3
  Number of stars founding firms=14 (45.2%) Total=32
Avg.=1.0 per star
  Total employment=1025 Total=
$2294.8M
 
Table 4: Overview of firms founded by NCI stars, 2000-2012 (Sources: Hoovers, LinkedIn, Manta.com, Indeed.com, secinfo.com, SEC EDGAR, Xconomy.com,480biomedical.com, NIH ClinicalTrials.gov, KalaRx.com, hotstocked.com, glassdoor.com)