The interview between Scott Rocklage of 5 AM Ventuers and Ideamensch begin with Ideamensch asking Mr. Rocklage of where he got the idea to launch his investment firm. Mr. Rocklage said that his business is a unique one. It is a venture capital based firm that invests in ideas and developments in the life sciences. The name 5AM Ventures refers to the fact that his firm is heavily involved in the early aspects of business and product development and formation. Getting up at 5 A.M. is early and 5AM Ventures specializes in the early development of companies it invests its money in.
Next, Scott Rocklage was asked how a regular day works out for him. Ideamensch followed this up by asking Mr. Rocklage how he tries to make his workday more efficient. Mr. Rocklage says he does not have a set routine or regular day that he can expect. His days vary. Scott says that sometimes he spends days at a time researching and studying the science behind a startup or product. At other times he is involved with the business and management side of business. This involves attending board meetings, meeting with financial officers and reviewing the portfolio of 5AM Ventures.
Ideamensch later asked Scott Rocklage as a businessman, how does he bring ideas to life at his company. Rocklage said that he works very closely with other people in his line of work to help them forge their new idea into a medicine, device or process that can be used to treat diseases or alleviate suffering. This involves working not only with scientists and medical experts, but business professionals such as executives and other investors as well. Click here to know more.
Dr. Rocklage was asked which current trend in medicine or technology he finds the most exciting or interesting. Scott Rocklage said that the targeting ability of new drugs to be able to target specific mutations when fighting diseases is a major breakthrough. The ability of other drugs to target a certain kind of phenotype is another exciting development. These developments will all lead to more effective cancer treatments that can save lives and prolong them.