The Life Sciences Discovery Fund Board of Trustees has appointed John DesRosier, Ph.D. executive director of the Fund.
DesRosier, who is currently director of programs at LSDF, succeeds founding executive director Lee Huntsman, Ph.D. who announced his retirement effective June 30.
The Fund, which was established in 2005 by Washington state with monies from the Master Tobacco Settlement Agreement of 1998, issues grants to promote the life sciences sector in Washington.
The Fund claims a 9:1 return to Washington state on its investments by supporting local research, promoting commercial development, and improving and reducing the cost of health care. For a list of its grants go here.
Before joining LSDF, DesRosier spent six years as a technology commercialization consultant, specializing in the transfer of academic research innovations from nonprofits to the industrial sector.
He also worked at the University of Washington for eleven years, where he was responsible for commercialization of biomedical technologies and a liaison to industry.
DesRosier received his Ph.D. in microbiology from the University of Washington. He went on to work at Ohio Wesleyan University and Middlebury College before joining BioControl Systems in Bothell, Washington where he was part of a team that launched four diagnostic products for detecting pathogenic bacteria in foods.