Randy Scott

Partner - HealthQuest Capital

Randy has joined with Sofinnova as a partner, having previously worked with Sofinnova as a consultant. He is an experienced healthcare technology entrepreneur, most recently as co-founder of DDS-iPharm, a startup that provides electronic prescribing and mail-order pharmacy fulfillment services to healthcare specialists and their patients.

Previously, he founded NovaMinTechnology Inc. and remained as CEO through its sale to GlaxoSmithKline. NovaMin commercialized a new active ingredient for OTC and prescription dental products, taking the technology through clinical studies,regulatory approval, product development, and launches of several products in markets around the world. NovaMin was acquired by GlaxoSmithKline in 2010.

Prior to NovaMin, as president of USBiomaterials, Randy took over an insolvent startup in the bone graftingfield and led it to its first ever profitable year. That effort included completing development and regulatory approvals for two new products. He then spearheaded the building of separate distribution networks for these new products in the US, Asia, and Europe while growing sales of existing products through aggressive marketing. Those bone graft product lines were later spun off to private investors, a transaction followed by the spin-off of NovaMin from USBio, which Randy led.

Randy served on the board of directors for BioFlorida for eight years, including positions on the executive committee and annual conference committee. He sits on the board of directors of the Gainesville Area Innovation Network (GAIN) and the Cade Museum of Innovation and Invention. He has been a frequent presenter on the subject of financing startups at the SEBIO Annual Conference, the BioFlorida Annual Conference, the Business of Biotech Conference, the University of Florida Entrepreneur Bootcamp, and other venues.

Randy began his career in brand management for Procter & Gamble. He left P&G to work on the earlymanagement team for LensCrafters as it transitioned from startup to explosive growth. He has also served in senior marketing positions at Fortune 500 and smaller firms.

He is a graduate of Georgia Tech and holds a BS in management science. He is 50 years old, lives in Gainesville,FL with his wife and three sons, and enjoys back-country hiking.