The treatment of neuropsychiatric disorders has for a long time faced challenges due to lack of proper follow-up mechanisms. However, there is hope that this will soon be a problem of the past after Mindstrong Health succeeded in making smartphones a diagnosis tool. The firm is currently in the implementation phase of the project.
How Important the Technology is
In June this year, Mindstrong Health received a major boost in its implementation process after four investment companies raised over $14 million in support of the project. The four companies, ARCH Venture Partners, One Mind Brain Health Impact Fund, Optum Ventures, and Foresite Capital, generously took part in the firm’s Series-A round of funding. According to Jim Tananbaum, the CEO and director of Foresite Capital, the project would potentially change how patient care is done. He emphasized that Mindstrong Health has demonstrated that it understands, and has solutions to, the challenges being faced by patients suffering from cognitive health disorders.
CEO Paul Dagum Saud, who is also the founder of Mindstrong Health, said that objective treatment ought to be followed up with an equally accurate follow-up mechanisms. For him, his company has tackled only the tip of the ice bag- more has to be done. He noted that smart technology ought to be integrated into the diagnosis and treatment of some chronic diseases like cardiovascular diseases and diabetes. Assessing the behavior of patients from home will go a long way in accelerating their treatment processes.
How the Smartphone Technology Works
The premise is simple. When a patient suffering from neuropsychiatric disorders is given a smartphone, it is easy to monitor behavioral changes from the way she or he operates the device. The way one scroll or types on the phone can be used as a measure of an individual’s brain activity and content processing speed. The pattern of scrolling can also be used as a measure of how the patient’s mood changes.
About Jim Tananbaum
Jim Tananbaum has a rich educational background. According to his Bloomberg profile, he has an undergraduate degree in mathematics, a B.S degree in Information Theory, an MD, and an MBA.
Career wise, Jim Tananbaum, has a good record besides founding Foresite Capital. He has worked at Sierra Ventures, Theravex, GelTex, and several others. Also see, https://www.linkedin.com/in/jim-tananbaum-a7562a7/.
Mike Baur is a notorious professional business person and entrepreneur. He is the founding partner of Swiss Start-Up Factory AG, along with co-founders Max Meiser and Oliver Walzer. Swiss Factory also partnered with Fintech Fusion in February 2016. He led his entrepreneurial journey through an accelerator program with Gold Back group in early 2016. It is a Zurich- based accelerator that looks for aspiring entrepreneurs. It is a total of a 3 month-long startup accelerator program providing platform services. Swiss Start-Up Factory provides all start-up tools needed to innovate. In addition, Swiss Start-Up Factory offers a range of funding options, professionals mentors, coaching an international network and much more. The focus of the company is to crave-out a new company.
Mike has an extensive background in the private banking industry, with over 20 years of experience. He states that his years of experience in private banking has added a lot of value to his work in the Swiss Startup ecosystem. He is directly accountable for campaigning and funding at the Swiss Start-Up Factory. He eventually quit and began investing in multiple startup companies, before co-founding Swiss Startup Company in 2014. Mike obtains an MBA from University of Rochester New York.
Baur was also an active participant in the START Submitter where he was a jury member. He often speaks at universities, corporate settings, local businesses, and startup events to give back knowledge about the magic of startup ideas and developing new digital companies in Switzerland. Baur states, “his passion is his work”. He invests a lot of his time speaking to youth entrepreneurship. He is a speaker on the Investor Panel at the World Web Forum Next generation Semester. Mike makes a strong commitment to giving back his knowledge in accelerating startup companies. His mission is to inspire and impact others to start their own startup ideas with the goal to create the Next Big Swiss Company. Personally, outside of his job, he is a huge sports fan. He is a die-hard lover of hockey. He loves his hometown hockey club Fribourg Gotten and is an active follower of Swiss Tennis Pro. Mike Baur lays the blueprint image of what a successful entrepreneur.
It has been said that the most effective use of one’s life is not to accumulate things for us in our life, but to create the things which endure after we are gone. This is the concept behind the idea of “giving back” and one Texas businessman has learned how to do it very well. James Dondero, Co-founder and President of Highland Capital Management, has made the idea of giving back a significant part of his life. His company’s philanthropic arm The Highland Dallas Foundation, works with local non-profits to not only gain financial resources and build partnerships, but to grow those resources through strategic and conservative financial planning.
James Dondero is a graduate of the McIntire School of Commerce at the University of Virginia and holds dual degrees in the areas of Accounting and Finance. He also holds certifications in the following areas Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), and Certified Public Accountant (CPA). James Dondero started his career with the Morgan Guaranty training program in 1984 and excelled in his group. After this he found himself on the fast track serving in positions such as Corporate Bond Analyst and then Portfolio Manager at American Express from 1985 till 1989.
From 1989 to 1993 he worked as Chief Investment Officer to help create the GIC subsidiary of Protective Life and assisted in its guiding it from its inception to an eventual valuation of over $2B. After this he went on to co-found Highland Street Capital and has helmed it ever since. This gives him more than 30 years of qualified experience as one of the countries most recognized financial authorities. He serves in a wide variety of Chairmen positions, including Cornerstone Healthcare, CCS Medical, and NexBank. In addition, he also serves on the board of directors for both MGM Studios and American Bank Note.
Most recently James Dondero has announced that Highland Street Capital has issued a challenge grant thought The Highland Dallas Foundation to The Family Place, the leading organization in Dallas assisting those affected by family violence, in the amount of $1M. The grant is established to match 50% of all donations made to The Family Place from October 4, 2016 till April 4, 2017 for the purpose of ensuring that the last $2.8M of the groups $16.5M capital funds campaign is completed.
The funding campaign is intended to go toward The Family Place’s Legacy Campaign. The Legacy Campaign is designed to create new opportunities to help those who are affected by the scourge of family violence in the greater Dallas area. This will be accomplished through the construction of new facilities that are needed, in the form of the Ann Moody Center, which will provide emergency shelter and counseling services. It will also be the home of the organizations new BE Project, which will focus on efforts to stop the cycle of bullying and prevent teen dating violence.
The challenge grant issued by Mr. Dondero is just one more way that he is giving back to the community. As he said in the announcement of the grant at The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon, “Dallas is a community that gets things done”. With the help of people like Mr. Dondero The Family Place can also continue to gets things done for a long time to come
The Family Place, Dallas’ leading organization supporting victims of family violence https://www.linkedin.com/in/jamesdonderohcm
Eric Pulier is regarded as one of the leading entrepreneurs in the complex enterprise technology industry and government projects. Over the years, Eric has enabled many start-up companies to realize their dreams by providing them with financial support. The technologist was born in New Jersey. He went to Teaneck High School. Later, Pulier enrolled in the celebrated Harvard University where he graduated with his bachelor’s degree in English and American literature.
As a university student, Eric Pullier made significant contributions in the Harvard Crimson. He published his articles on institution’s newspaper. Pulier wrote on different topics authoritatively and with a sense of humor. Over the years, he has used technology to develop innovative platforms. Eric’s interactive software have helped many children to be able to interact with other kids diagnosed with chronic illnesses.
In 1991, Eric relocated to Los Angeles, where he incorporated People Doing Things. This corporation focused on providing schools and healthcare facilities with innovative technological solutions. In 1994, Eric founded Digital Evolution. In 1998, the interactive agency merged with the US interactive LLC. Notably, the revered President Inaugural Committee selected Eric to design and implement the presidential technology exhibit, Bridge to the 21st Century. Almost all media stations featured him considering that this project was designed with the objective of celebrating President Clinton and Al Gore’s second commemoration.
Through his innovative strategies, Eric has made tremendous contribution in the technology industry. To this end, he has helped in founding, funding, and co-founding more than 15 companies. Some of these corporations are Media Platform, SOA Software, Desktone and US Media Interactive LLC. Owing to his successful career, different companies have awarded his efforts. Recently, VAR Business recognized the shrewd entrepreneur as one of the 30 e-visionaries. Over the years, he has attended many forums and conferences where he has delivered key note addresses. Eric is an executive director of the Enterprise Leadership Council. He is also affiliated with the Clinton Global Initiative.
In his long and successful career, Eric has supported numerous charitable initiatives. He is the brain behind a multimedia educational platform seeking to help patients diagnosed with multiple sclerosis to learn more about the disease. To this end, he has worked closely with the Multiple Sclerosis Society to ensure that the project is successful.