Sign In

Syed Askari

Founder and CEO, Maculus Therapeutix

Professional Background

Syed H Askari is a visionary innovator and accomplished entrepreneurial executive renowned for his exceptional leadership and management skills. With a proven ability to build companies from the ground up to achieving multi-million dollar revenues, he has made a significant impact in the medical device and pharmaceutical industries. Syed has a broad experience in venture capital (VC) fundraising along with the development and commercialization of new medical and drug-device combination products. His extensive expertise encompasses everything from the initial concept of a product to its successful market launch, including the development of patent and regulatory strategies that effectively position and price products.

Leadership, Management & Innovation

In his career, Syed has showcased his innovative spirit and executive acumen by founding Medicus Biosciences, a cutting-edge polymer-based technology startup. Under his leadership, he has successfully developed two spin-off companies, Medicus Veterinary Biosciences and Medicus Ophthalmology. His strategic vision has also been key in negotiating deals with major pharmaceutical companies, specifically in the field of ophthalmic technology.

Syed's passion for sharing knowledge makes him an esteemed keynote speaker, as he regularly addresses audiences at various industry conferences covering topics related to medical device innovation and entrepreneurship.

Education and Achievements

Syed's strong educational foundation includes extensive post-doctoral studies at esteemed institutions such as the University of California, Los Angeles, and the University of California, Santa Barbara. He earned his Ph.D. from The University of British Columbia and holds a Master of Science degree from the University of Manchester Institute of Science and Technology. His academic journey began at AMU Aligarh, highlighting his commitment to education and continuous learning.

Professional Affiliations and Industry Contributions

Syed is a founding member of the Private Directors Association®, where he plays an integral role in shaping governance practices in the private sector. He has served on the board of directors at bioZhena Corporation and has held various high-profile positions such as President and CEO at Maculus Therapeutix Inc and as President at Medical Device Biopolymer LLC. His notable tenure at Medicus Biosciences saw him not only develop products but also establish the company as a significant player in the marketplace.

With comprehensive experience as a Principal at Askari Consulting and a Senior Fellow Polymer Scientist R&D at Access Closure Inc (which was acquired by Cardinal Health Inc), Syed has been instrumental in numerous product developments within the healthcare sector. His early career also includes pivotal roles at Boston Scientific and TriVascular, Inc., where his leadership in R&D has driven innovation in medical technologies.

Achievements

Syed's achievements in the medical device industry are multi-faceted, with a clear track record of successfully raising funds through seed, series A, and B rounds from venture capital and corporate partners. His negotiation skills have led to significant deals that enhance technological advancements in treatment options, especially in ophthalmology. He has made remarkable contributions to product management across various categories, including stents, contact lenses, vascular closures, and drug delivery systems, among others. Syed's expertise in materials, particularly biopolymers, has fueled industry growth and innovation, paving the way for enhancements in healthcare technology.

Conclusion

With a unique combination of innovative thinking, hands-on leadership skills, and deep knowledge of both the technical and commercial aspects of the medical device industry, Syed H Askari continues to propel advancements in healthcare. His dedication to growth and success not only benefits his companies but also has a lasting impact on the sector as a whole.

Related Questions

How did Syed H Askari's education at The University of British Columbia shape his career in medical devices?
What are some key strategies that Syed H Askari implemented during his role as CEO at Medicus Biosciences?
How has Syed H Askari contributed to the development of new medical technologies throughout his career?
In what ways has Syed H Askari's experience in venture capital fundraising influenced the success of his startups?
What lessons has Syed H Askari learned from founding and managing multiple companies in the medical field?
Syed Askari
Add to my network

Location

San Francisco, California, United States