Photo of Mike Betts
UTEST Co-Director
Work Phone: 647-400-9529

Biographical Info

Michael (Mike) Betts is entrepreneur-in-residence at MaRS Innovation where he co-directs theUniversity of Toronto Early-Stage Technology (UTEST) program, which identifies and provides very early-stage investment, mentorship and working space to promising academic founding teams working in the software space and affiliated with U of T.

Michael is a recognized entrepreneur and technology executive with over 10 years of experience working with and managing rapid growth technology start-ups.

In addition to MI, Michael is the president of Castlegar Management Ltd., a boutique advisory services firm focused on providing strategic counsel to the CEOs of technology start-ups, and is the founder of The INC Society, a members only, corporate perks and benefits program for Canadian entrepreneurs.

Prior to these activities, Michael was the founder of Canada’s first web based, in-image ad network, and was responsible for all aspects of the company’s early growth, financing and strategy.

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Photo of Judy Blumstock
Senior Director, Corporate Development
Work Phone: 647-260-7863

Biographical Info

Judith provides financial strategy and in-depth portfolio reporting for MaRS Innovation and its technologies and companies under management. She also takes an active role in fundraising and investor relations, and leads a variety of special projects.

Prior to joining MaRS Innovation, Judith was a principal with Genesys Capital Partners, one of the largest Canadian-based venture-capital firms focused on the life sciences industry. She is also a past director of Insception, Millenium Biologix Corp., Plexagen Diagnostics, and Zelos Therapeutics Inc. Previously, Judith was a partner with Royal Bank Capital Partners Life Sciences Fund and, prior to that, director of Bio/pharmaceutical Research at Drug Royalty Corporation.

Judith received her M.B.A. in finance from Columbia Business School and her B.Sc. in Biology from the University of Toronto.

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Photo of Mary Fournier-Park
Administrator, IP Processing
Work Phone: 647-260-7865

Biographical Info

Mary maintains MaRS Innovation’s main disclosure and Intellectual Property (IP) databases. Her role includes facilitating agreement execution, financial tracking and managing the IP portfolio.

Mary has more than a decade of experience spanning trademark and patent prosecution, including domestic and foreign jurisdiction filings, as well as general maintenance of trademark and patent applications. She also has extensive experience bridging communications between and amongst management committees, senior executives and external clients.

Most recently, Mary was the trademark and patent assistant for a large, full-service, Toronto-based law firm.

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Photo of Phil Goldbach
Manager, Intellectual Property
Work Phone: 647-260-7830

Biographical Info

Phil manages intellectual property rights across all technologies within MaRS Innovation’s portfolio. He advises on various forms of intellectual property protection, assessing patentability and managing patent application filings and prosecution decisions.

Prior to joining MaRS Innovation, Phil trained with an intellectual property boutique law firm in downtown Toronto as a member of the firm’s life sciences patent practice group, where he was exposed to a wide array of technologies including biologics, small molecules, medical devices, and information technologies. He has also acted as director of intellectual property for a biotechnology start-up company in Mississauga that specializes in developing antibody-based products for use in animal health and food safety.

Phil holds a PhD in molecular genetics from the University of Toronto and a JD from Osgoode Hall Law School.

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Photo of Stacey Ivanchuk
Director, Intellectual Property
Work Phone: 647-260-7867

Biographical Info

Stacey has over 10 years experience relating to intellectual property (IP) protection, management and strategy. She oversees and provides strategic advice for all projects in MaRS Innovation’s portfolio spanning diverse technical fields, working closely with the venture development teams to evaluate technologies and develop optimal IP protection strategies. In addition to her IP role, she is responsible for strategic oversight of all technologies originating from Baycrest, a MaRS Innovation member.

Prior to MaRS Innovation, Stacey was IP manager at Topigen Pharmaceuticals Inc., a Montreal-based biotechnology company (acquired by Pharmaxis Ltd.) where she provided IP-related strategic guidance including portfolio management, budgeting and financial forecasting. She was also formerly IP consultant at Baycrest where she identified and assessed commercial opportunities arising from neurocognitive research. In her role as Scientific Advisor in the IP group of Ogilvy Renault (now Norton Rose Fulbright), she gained experience drafting and prosecuting patent applications, focusing on life sciences/biotechnology patent protection.

Stacey received her B.Sc., Honours (Biology) and M.Sc. in cancer genetics from Queen’s University and her Ph.D. in molecular biology from the University of Toronto.

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Photo of Hassan Jaferi
Commercialization Manager
Work Phone: 647-531-4681

Biographical Info

As a commercialization manager at MaRS Innovation, Hassan divides his time between projects located in York University’s Innovation York office and Sunnybrook Health Sciences Centre’s Technology Transfer office, located in the Sunnybrook Research Institute. He conducts due diligence on invention disclosures, aids in patent application preparation and prosecution, executes business development for early-stage technologies, helps to manage start-up companies, and pursues public and private funding to advance early-stage research projects.

Before joining MI, Hassan was a commercial development analyst with PARTEQ Innovations, the technology transfer office of Queen’s University, where he managed the commercialization of early-stage technologies and helped managed a start-up company. He has also worked as a patent examiner with the Canadian Intellectual Property Office.

Hassan holds a M.Sc. in space management from the International Space University in Strasbourg, France, and a B.Sc. in computer engineering from the University of Ottawa.

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Photo of Dominic Jaikaran
Director, Technology & Venture Development
Work Phone: 647-260-7898

Biographical Info

Dominic Jaikaran has over fifteen years of varied experience in biotechnology and finance, including venture capital, business development and research and development. He has been involved in sourcing new deals, performing due diligence for new and follow-investments and monitoring portfolio companies on the investment side and new company creation, project management, research and development and business development on the company side.

Prior to joining MaRS Innovation Dominic was a principal at BDC Venture Capital, focusing on early-stage life science investments. He was also a staff scientist at Diversa Corporation (now BASF), a NASDAQ-listed company in San Diego, where he focused on the discovery and evolution of enzymes for various industrial and pharmaceutical uses.

Dominic holds a Ph.D. in Biological Chemistry and a B.Sc. in Chemistry and Biochemistry, both from the University of Toronto. He also holds an M.B.A. from the Rotman School of Management, also located at the University of Toronto.

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Photo of Timothy Key
Manager, Technology & Venture Development
Work Phone: 647-260-7843

Biographical Info

Tim manages projects in MI’s Life Sciences portfolio. He performs technical and market due diligence and evaluates the competitive positioning and advantages of new technologies to support and grow MI’s portfolio. He develops business, technical, strategic and financing plans to support new start-up ventures. He also actively markets technologies to support licensing, co-development and other commercialization transactions.

Prior to joining MI, Tim worked in Vancouver for the Centre for Drug Research and Development, another Centre of Excellence for Commercialization and Research (CECR), where he worked in small molecule/biologic drug discovery R&D and business development.

Tim holds a Ph.D in Microbiology and Immunology from Dalhousie University in Halifax, NS, and a B.Sc in Biochemistry from Mount Allison University in Sackville, NB.

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Photo of Michael Midmer
Work Phone: 647-260-7878

Biographical Info

Michael has over 15 years of experience in the life science industry, fund management and corporate finance. Michael was formerly the Director of the Genomic Applications Partnership Program (GAPP) at Genome Canada. The GAPP program funded partnerships between industry and academia including companies such as Xagenic, Vasomune, Assurex and Roche.

Before joining Genome Canada, Michael was a Director at Rosetta Capital, an international venture capital firm, where he managed a portfolio of over 30 companies in North America and Europe including company exits such as Enobia, Cytochroma, Ambit and Resonant.  Michael was also Business Development Manager at KS Biomedix and was Investor Relations Manager at Cardiome Pharma. In addition, Michael has been a board member for several companies and was the Chair of a not-for-profit board.

Michael has an MSc in molecular biology from the University of Toronto (Canada) and an MBA from Imperial College Business School (UK).  He has also completed the Canadian Securities Course.

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Photo of Abu Nana
Accounting Specialist, New Ventures
Work Phone: 647-260-7864

Biographical Info

Abu conducts the day-to-day accounting and finance activities for several new ventures within MaRS Innovation, including Bedside Clinical Systems, Encycle Therapeutics, Kapplex, QD Solar, ScarX Therapeutics and Vasomune Therapeutics. He manages their financial reporting and compliance with GAAP (Generally Accepted Accounting Principles).

Prior to joining MaRS Innovation, Abu was an accountant at MaRS Discovery District, where he managed cash flow forecasting and assisted in reconciling internal company accounts. He also worked with management and co-workers to improve financial policies and procedures within the organization.

Abu holds a B. Com from Ryerson University and earned his Chartered Professional Accounting (CPA) designation while working at MaRS Discovery District.

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Photo of Parimal Nathwani
Vice-President, Life Sciences
Work Phone: 647-260-7873

Biographical Info

Parimal Nathwani has over 15 years of experience in various aspects of the biotechnology industry, including corporate finance, business development, transactions, intellectual property management, technology development and operations. He has been actively involved in forming and managing start-ups, preparing and executing on business plans, raising early-stage capital, and in- and out-licensing activities.

Before joining MaRS Innovation, Parimal was a healthcare analyst with a boutique investment bank, where he conducted equity research on publicly-traded biotechnology companies in Canada and the U.S. He has also led commercialization activities out of BC Women’s and Children’s Hospital as part of his role at the University of British Columbia’s Industry Liaison Office, and was a research scientist at a start-up biotechnology company involved in drug discovery targeting ABC Transporters.

Parimal received his MBA from Simon Fraser University and his M.Sc. from the University of British Columbia.  He currently sits on the board of ScarX Therapeutics (Chairman), Zucara Therapeutics, and is an observer on the boards of Encycle Therapeutics and Vasomune Therapeutics.

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Photo of Ben Rogers
Director, Technology Transfer & Scouting
Work Phone: 647-260-7861

Biographical Info

Ben created and directs MaRS Innovation’s Technology Transfer & Scouting department, which provides on-site intellectual property identification, protection and commercialization services to several MaRS Innovation member institutions, including Holland Bloorview Kids Rehabilitation Hospital, Sunnybrook Health Sciences Centre and York University.

Prior to joining MaRS Innovation, Ben began his commercialization career with a dual internship at the Canadian Arthritis Network and Mount Sinai Hospital through the Canadian Institutes of Health Research‘s Commercialization Management program. He continued at Mount Sinai Hospital’s Office of Technology Transfer & Industrial Liaison as a business development manager, where he was responsible for business planning, marketing and license negotiation for a portfolio of therapeutics and diagnostics technologies.

Ben holds a B.Sc. in Science and Business and an MBET (Master of Business, Entrepreneurship and Technology) from the University of Waterloo.

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Photo of Samir Sahoo
Technology and Venture Development Manager
Work Phone: 647-260-7831

Biographical Info

Samir has been working in the Healthcare/Medical Device space for over 7 years and has worked with a number of start-up companies in Microfluidics, Diagnostics and Healthcare IT. He has been responsible for in-depth due diligence with Health businesses and startups.  More recently he has been working in the orthopaedics and musculoskeletal space in US and Canada, managing Spinal Implants, Orthobiologics products and Surgical Power Tool portfolios at Zimmer. He was responsible for managing the overall P/L for his portfolios and making end-to-end business decisions which included: new product launches, customer relationship management, achieving revenue and profitability targets, sales training, surgeon education, capital investment and inventory management.

Over the last 5 years at Zimmer, Samir managed a number of high-visibility projects including a global portfolio rationalization project and a number of new product launches.

Samir has a Bachelor’s degree in Engineering and an MBA from Purdue University, Indiana, U.S. During the MBA program, Samir held several leadership positions, one of which was the President of Net Impact Purdue Chapter. In this role, he created sustainable hybrid business opportunities and developed experiential learning projects in healthcare and commercialization of a number of healthcare and green energy technologies.

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Photo of Fazila Seker
Director, Technology & Venture Development
Work Phone: 647-260-7852

Biographical Info

As director, technology & venture development for the physical sciences, Fazila develops strategies for bridging emerging technologies to market and monetizing assets, assesses the business potential, and project manages their commercial implementation with a focus on medical imaging and healthcare markets.

She brings ten years of experience leading technology development and commercialization for GE and Xerox in electronic devices, systems and related materials. Prior to joining MI, Fazila advised a leading Canadian venture capital firm in structuring a new high-tech fund. She has served as invited reviewer and panelist for leading professional organizations in the U.S. and Canada, including the U.S. National Science Foundation and Ontario Society for Excellence in Technology Transfer.

Fazila holds a Ph.D. in Chemistry from the University of Wisconsin-Madison and a B.Sc. in Chemical Physics from the University of Toronto.

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Photo of Susanne Staer
Manager, Corporate Affairs
Work Phone: 647-260-7869

Biographical Info

Susanne oversees the office of the CEO and is the general office manager.  In addition, she is in charge of corporate governance and administration of the Board of Directors and the Board’s various governing and advisory committees.

Prior to joining MaRS Innovation, Susanne was administrative assistant to two senior partners in a nation-wide law firm, in the areas of mergers and acquisitions, corporate finance and securities, and general corporate matters. Susanne also trained new administrative staff and was instrumental in setting up various internal intranet functions as they pertained to training and staff.

Susanne has an international administrative background through her work with the Ministry of Foreign Affairs of Denmark, whereby she was posted to the Royal Danish Embassies in Moscow,  (then) USSR and Accra, Ghana.

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Photo of Jackie Terry
Program Administrator, EA to the Vice-Presidents
Work Phone: 647-260-7870

Biographical Info

Jackie administers all aspects of MaRS Innovation’s Proof of Principle program, including calling for Letters of Intent, receiving and collating applications, convening expert review panels, communicating with principal investigators and technology transfer officers with regards to outcomes, metrics submission, quarterly updates and the flowing of funds.

Prior to joining MI, Jackie collaborated on and managed projects in the polymer characterization department of an organization that specialized in contract and service-based research, development and testing. Her specialties were innovative techniques for preparing and analyzing materials using various disciplines of microscopy, particularly scanning electron microscopy, mainly in the fields of materials characterization and failure analysis.

Jackie received her B. Sc. in Chemistry from McMaster University in Hamilton, Ontario.

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