Jeffrey N. Peterson
Mr. Peterson brings broad executive general management, multi-functional, multi-business and international experience to Target Discovery, Inc., which he co-founded and has led as CEO since 1999. TDI is developing the next generation of clinical diagnostics, offering higher value molecular insights for the diagnosis and personally optimized management of disease (“personalized medicine”). The company’s initial commercial focus is on the new class of protein isoform biomarker diagnostics (Isonostics™) that better guide therapeutic choices for cancer and lower the overall costs of cancer treatment. The company engages in funded collaborations with partners, for application of its unique isoform-level technologies in other disease areas and in theranostic applications (diagnostic testing to select or disqualify patients for a specific drug therapy).
Prior to TDI, Mr. Peterson spent 9 years in key management roles in Abbott Laboratories’ Diagnostics and International (Pharmaceuticals, Hospital Products, Nutritionals, Consumer) businesses. Most recently, he served as CEO and General Manager of Abbott South Africa, doubling the sales and tripling the income of this 50 year-old business in 3.5 years, during the tumult of South Africa’s political transition. He played an earlier pivotal management role in Abbott’s successful introduction and support of multiple new diagnostics instrument and reagent systems in the history-making X-System series, including the IMx (the highest global sales diagnostic system in history).
Mr. Peterson’s experience prior to Abbott included 11 years with General Electric’s Engineered Materials and Plastics businesses, spanning roles in strategic planning, business development, technology licensing, marketing/sales, operations/quality and R&D. He holds BSChE and MSChE (Chemical Engineering) degrees from MIT.
Mr. Peterson serves on the Boards of BayBio, the trade association for the life sciences industry in Northern California, and as Chair of the BayBio Institute, a non-profit organization serving the regional life science community. He is a co-founder of the 21st Century Medicine Coalition and of BIO’s Research Tools & Molecular Diagnostics Group.
On the personal side, Mr. Peterson has 3 grown children and has lived overseas for 18 years in South Africa, Germany and Iran. He has been an active leader on educational priorities, including chairing the Board of the American International School of Johannesburg, and advising YUMU42 through startup and into its teen development mission. He is an active sports participant, including tennis, skiing, dancing and scuba diving. He serves as President of the San Carlos Tennis Club, and a Host for the Bay Area Ski Bus.