Scion Pharmaceuticals Inc.
This article was originally published in Start Up
Executive Summary
David Farb, PhD never realized that his invention of automating the electrophysiology (EP) assay would become the basis for founding a new company. He engineered High-Throughput Electrophysiology (HTEP) purely for academic pursuits, but the patent caught the attention of Boston University's Community Technology Fund, Mark Carthy of Oxford Bioscience Partners, and Pravin Chaturvedi, PhD. After just three months of discussions, Farb, Carthy, and Chaturvedi decided that HTEP was an academic tool with industrial applications, so they founded Scion Pharmaceuticals Inc. in September 2001.