Dr. Scott Rocklage is currently a Managing Partner at 5am Ventures which he joined in 2003 as a Venture Partner and rose to its leadership as President the next year. With his 30 plus years’ experience in the healthcare industry, Dr. Scott Rocklage has been able to steer 5am Ventures into success as seen by the FDAs approval of certain drugs administration namely omniscan, cubicin, and teclascan. He has been the CEO and President of several pharmaceutical companies throughout his three-decade long career. Dr. Scotthas also served as chair on several boards including his current positions in Relypsa, Novira, Rennovia, and Cidara among others. The following summary of an interview reveals Dr. Rocklage’s secrets to success and his outlook of entrepreneurship as a whole and read full article.
Unlike most people, Dr. Scott has no typical day or schedule to follow. His days range from working with scientists and on some days he has to prepare for board meetings. Other times, Scott is with the management team of the company working on its portfolio. He cannot say that he does certain things on Mondays or Fridays and what Scott knows.
On the company’s idea, his interactions with entrepreneurs and professionals mainly business executives, scientists, and physicians help him shape the ideas of coming up with acceptable medicines that cover unmet medical needs. One of the trends that is exciting to the doctor is the specific genotypes and mutations that provide a chance to be able to make particular cancer treatment possible. Because of this growing field, lives have been saved, and further improvement is something that the company looks forward to doing and Scott’s lacrosse camp.
It is due to proper time management. Excellent organization skills and prioritizing as well as calendaring that the doctor is able to succeed every day of his life. He also believes that successful companies are those that focus more on people. For instance, he thinks that any business that chooses the right team to work with is on its way to being successful. His secret weapon as an entrepreneur has always been to take calculated risk. His business strategy is to stay true to his business and avoid straying too much from the company’s strengths particularly on the instances that a task appears to be too easy.