Jonathan Rothberg

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Jonathan Rothberg
Rothberg in 2008
Born (1963-04-28) April 28, 1963 (age 60)
Alma mater
Awards
RainDance Technologies

Jonathan Marc Rothberg (born April 28, 1963) is an American scientist and entrepreneur. He is best known for his contributions to

Miami, Florida
.

Early life

Rothberg was born in New Haven, Connecticut, to Lillian Rothberg and Henry Rothberg, a chemical engineer. Prior to Rothberg's birth, his parents founded Laticrete International, Inc. a family-owned manufacturer of products for the installation of tile and stone.[2] As a child Jonathan went on sales calls with his father.[3] Rothberg's family laid the foundation for his scientific career.[4]

Education and scientific career

Rothberg earned a

Rothberg himself holds more than 100 patents.[6]

Business career

CuraGen

While a graduate student at Yale, he founded CuraGen, one of the first genomics companies in 1991.[7] CuraGen went public in 1999.[3] By the next year it had a market cap of $5 billion, bigger than that of American Airlines.[3] Rothberg resigned as chief executive of CuraGen in 2005.[2]

454 Life Sciences

In 2000,

Roche Diagnostics in 2007 for $140 million then closed down by Roche in 2013 after other approaches to sequencing rendered the underlying technology noncompetitive.[12][2]

In 2004, Rothberg founded RainDance Technologies, which used droplet-based microfluidics.[13] RainDance was acquired in 2017 by Bio-Rad Laboratories, Inc.[14]

Ion Torrent

Rothberg founded

Ion Torrent in 2007, which developed ion semiconductor sequencing, a technology utilized by their Personal Genome Machine (PGM) DNA sequencer.[15] He founded the company with an undisclosed amount of his own money and later took in $23 million in venture capital. After experiences at CuraGen and 454 Life Sciences, he made sure to retain supervoting share majority so he could not be forced out.[3] At the time, the PGM device was the smallest and cheapest DNA decoder to hit the market.[3] It was able to read 10 million base pairs of DNA in two hours, and sold for $50,000.[3] In 2010, Ion Torrent was acquired for $375 million in cash and stock upfront, plus as much as $350 million later if sales were to reach certain levels.[2]

4Catalyzer

Rothberg established a startup accelerator called 4Catalyzer in Guilford, CT, in the early 2010s. The companies focus on using inflection points in medicine, such as deep learning, next-generation sequencing, and the silicon supply chain, to address global healthcare challenges. 4Catalyzer companies include Butterfly Network, Quantum-Si, Hyperfine, Tesseract Health, Liminal Sciences, Detect, AI Therapeutics, and Protein Evolution, Inc.[16]

Butterfly Network

In 2011, Rothberg founded Butterfly Network after seeing a talk by MIT physicist

Fosun Pharma at an estimated $1.25 billion valuation.[18]
In February 2021 Butterfly Network was publicly listed on the NYSE under the ticker $BFLY.

Quantum-Si

Rothberg founded Quantum-Si in 2013 with the mission of transforming single molecule analysis and democratizing its use by providing researchers and clinicians access to the proteome, the set of proteins expressed within a cell.[19] In 2021 Quantum-Si went public on the NASDAQ under the ticker $QSI.[20]

In February 2022, Rothberg became interim CEO of Quantum-Si.[7]

Hyperfine

In 2014, Rothberg, along with Ronald Walsworth, and Matthew Rosen founded Hyperfine to develop the world's first portable MRI scanner[21] [22][23] that can be transported easily between patients and costs a fraction of traditional MRI.[24] Hyperfine received FDA clearance in 2021 to add deep-learning algorithms to boost the quality of images.[25] The Hyperfine Swoop is commercially available and saving lives on multiple continents around the world, including limited resource settings in Africa and Asia where access to MRI was never before possible.[26] Hyperfine went public in December 2021 and is listed on the NASDAQ under the ticker, $HYPR.[27]

Detect

Dr. Rothberg launched Detect in partnership with consumer electronics veteran and now Detect CEO Hugo Barra at the outset of the Covid-19 pandemic with the goal of bringing pathogen testing into the home.

Detect’s first product is the FDA-authorized Detect Covid-19 Test, which they brought to market in 18 months from company founding. The customer reception[28] and press coverage[29] of the product has been overwhelmingly positive.

Identifeye Health

Identifeye Health (formerly Tesseract Health) was founded in 2018 to build technology at the nexus of radiology and laboratory medicine on the diagnostic tree. The company aims to support the screening, diagnosis, and monitoring of disease, both affordably and non-invasively using "the power of data in the human eye".[citation needed]

Liminal Sciences

Dr. Rothberg founded Liminal in 2018 with the goal of building a wearable brain monitor for acute and chronic conditions including stroke, traumatic brain injury, hydrocephalus, and epilepsy. Inspired by both the utility and the limitations of EEG (electroencephalogram), Liminal has invented AEG, a new modality that combines blood flow measurement with the existing technology that monitors the electrical activity of the brain. Liminal enables critical “brain vital signs” to make brain monitoring as ubiquitous as heart monitoring.[citation needed]

Protein Evolution, Inc.

Protein Evolution was founded in October of 2021 with the mission to help the chemicals and materials industries transition to a lower-carbon, more circular economy. Leveraging recent breakthroughs in synthetic biology and artificial intelligence, the company designs enzymes capable of breaking down end-of-life textile and plastic waste into the raw materials of new textile and plastic products. These raw materials are indistinguishable from the petroleum-derived alternatives used today for new plastic production, and thus the company sees immediate applications within the petrochemical industry, global consumer packaged goods companies, textile manufacturers and others that are looking to significantly reduce their reliance on fossil fuels.

In the middle of 2022, the company completed its first outside capitalize raise of approximately $25 million.

Personal life

Rothberg and his wife Bonnie, a physician who also holds a Ph.D. in epidemiology from Yale, have five children, whom Rothberg often refers to in his speeches.[2][30] In 2002, the couple started the nonprofit Rothberg Institute for Childhood Diseases which works on treatments for tuberous sclerosis, a rare disease that affects one of their children.[2] The institute ran a distributed computing project called Community TSC until April 2009.[31] The TSC project was based on technology known as the Drug Design and Optimization Lab (D2OL), which the institute sponsored through 2009, to use volunteers' personal computers to model interactions of drug candidates with their target molecules.[32]

Rothberg sponsors the Rothberg Catalyzer Prize at four universities: Carnegie Mellon University, Yale University, Brown University, and University of Pennsylvania.[33]

Rothberg had his own version of Stonehenge, which he calls the Circle of Life, built near his home in Guilford, CT, using 700 tons of granite imported from Norway.[2] Interested in wine-making, he acquired Chamard Vineyards in nearby Clinton, CT.[2] Rothberg owns a yacht called Gene Machine, which is equipped with a lab on board, [6] and its support vessel, Gene Chaser. [34]

Recognition

Rothberg was awarded the National Medal of Technology and Innovation by President Barack Obama in 2016 for his “pioneering inventions and commercialization of next-generation DNA sequencing technologies, making access to genomic information easier, faster and more cost-effective for researchers around the world".[35]

Rothberg received the Connecticut Medal of Technology in 2010.[4] In 2012, Rothberg was awarded the Wilbur Cross Medal as a distinguished alumni from Yale University.[36] Rothberg made Fortune Magazine's 2001 list of the 40 richest Americans under 40.[2] Rothberg was elected a member of the National Academy of Engineering in 2004 for the application of engineering principles to the mining of genomic information for the discovery and development of new drugs.[37] In 2018, he received the Award for Excellence in Molecular Diagnostics from the Association for Molecular Pathology.[38]

References

  1. ^ STAFF, COURANT. "Laurencin and Rothberg Receive White House Honors". courant.com. Retrieved 2018-12-05.
  2. ^
    ISSN 0362-4331
    . Retrieved 2018-12-05.
  3. ^ a b c d e f g h i Herper, Matthew. "Gene Machine". Forbes. Retrieved 2018-12-05.
  4. ^ a b "Jonathan M. Rothberg" (PDF). 2010 Connecticut Medal of Technology bio. Connecticut Academy of Science and Engineering. June 18, 2010. Retrieved November 14, 2016.
  5. ^ "Jonathan Rothberg, PhD". Yale School of Medicine. 15 July 2019. Retrieved 26 December 2021.
  6. ^ a b "On board with Jonathan Rothberg, owner of 55m explorer yacht Gene Machine". Boat International. Retrieved 2018-12-05.
  7. ^ a b Park, Andrea (2022-02-15). "Quantum-Si taps founder Rothberg, prolific medtech entrepreneur, as interim CEO". Fierce Biotech. Retrieved 2022-02-22.
  8. ^ "Curagen Form 10-K for the fiscal year ended December 31, 2000". SEC.
  9. ^ Project Jim: Watson’s Personal Genome Goes Public Archived 2012-02-07 at the Wayback Machine at Bio-IT World.com
  10. ^ Nicholas Wade (May 31, 2007). "Genome of DNA Pioneer Is Deciphered". The New York Times. Retrieved November 14, 2016.
  11. ^ James Watson's Personal Genome Sequence Archived 2008-12-03 at the Wayback Machine
  12. ^ Hollmer, Mark (October 17, 2013). "Roche to close 454 Life Sciences as it reduces gene sequencing focus". Fierce Biotech.
  13. ^ "List of Technology Pioneers 2008". World Economic Forum. Retrieved 2018-06-27.
  14. ^ "RainDance Technologies To Be Sold to Bio-Rad". www.businesswire.com. 2017-01-16. Retrieved 2018-12-05.
  15. ^ Ion Torrent Official Webpage. Archived 2012-11-06 at the Wayback Machine
  16. ^ Hoffman, Christopher (2015-02-01). "Guilford incubator 4Catalyzer aims for game-changing medical products". New Haven Register. Retrieved 2018-12-05.
  17. ^ a b c d e f Herper, Matthew. "An Entrepreneur Aims To Peer Inside The Body With A Small, Simple, Cheap Device". Forbes. Retrieved 2018-12-05.
  18. ^ a b Herper, Matthew. "Aiming To Revolutionize Medical Ultrasound, Butterfly Raises $250 Million At A $1.25 Billion Valuation". Forbes. Retrieved 2018-12-05.
  19. ^ "Investor Relations - Quantum-Si Incorporated". Retrieved 2022-08-06.
  20. ^ "Quantum-Si closes USD1bn+ SPAC deal with HighCape". 11 June 2021.
  21. ^ trellisdev (2021-02-11). "MRI: Going Mobile for the Masses". Massachusetts General Hospital Giving. Retrieved 2021-09-02.
  22. ^ "MRI for all: Cheap portable scanners aim to revolutionize medical imaging". www.science.org. Retrieved 2023-06-13.
  23. ^ "Hyperfine Begins Trading on the Nasdaq Global Market". ece.umd.edu. Retrieved 2023-06-27.
  24. ^ "A serial entrepreneur wants his portable MRI to transform medicine". STAT. 2019-10-25. Retrieved 2020-12-08.
  25. ^ Hale, Conor (2021-11-30). "Hyperfine's portable MRI nets FDA clearance for deep-learning-powered imaging". Fierce Biotech. Retrieved 2022-02-22.
  26. ^ "Hyperfine Announces Receipt of Additional $3.3 Million Grant to Improve Access to Neonatal and Pediatric Brain Imaging in Low-Resource Settings Globally".
  27. ^ "Hyperfine, Liminal to go public in $580M SPAC deal". 8 July 2021.
  28. ^ "Detect Combines Lab-Quality Covid Testing with At-Home Convenience". Forbes.
  29. ^ "Detect CEO Hugo Barra on how its Covid test differs from a rapid antigen test". CNBC.
  30. ISSN 0362-4331
    . Retrieved 2018-12-05.
  31. ^ "The End of an Era". Rothberg Institute for Childhood Diseases. April 9, 2009. Archived from the original on February 16, 2009. Retrieved November 14, 2016.
  32. ^ "On April 15, 2009, the D2OL distributed computing project will officially end operations". D2OL web site. Archived from the original on April 19, 2009. Retrieved November 14, 2016.
  33. ^ Belli, Brita (2018-03-20). "Alumnus Rothberg enlists students to solve next healthcare challenges". YaleNews. Retrieved 2018-12-05.
  34. ^ Bunting, Mark (2022-07-06). "Who owns the yacht GENE CHASER?". SunnyLagoon. Retrieved 2022-08-31.
  35. ^ Rothberg. "NMTI Laureate".
  36. ^ "Graduate School Honors Four Alumni with Wilbur Cross Medals | Yale Graduate School of Arts & Sciences". gsas.yale.edu. Retrieved 2018-06-04.
  37. ^ "Dr. Jonathan M. Rothberg". NAE Website. Retrieved 2022-08-06.
  38. ^ "Past Recipients". Association for Molecular Pathology. Retrieved 2023-04-12.