Tech Council of Maryland to Honor Dr. James Barrett of New Enterprise Associates With Lifetime Achievement Award

Tech Council of Maryland to Honor Dr. James Barrett of New Enterprise 
Associates With Lifetime Achievement Award 
Award to Be Presented at Black Tie Gala in Bethesda on March 6 
ROCKVILLE, MD -- (Marketwire) -- 02/25/13 --  The Tech Council of
Maryland (TCM), Maryland's largest technology trade association with
more than 400 life science and technology members employing more than
200,000 in the region, will honor Dr. James Barrett, a general
partner in venture capital firm New Enterprise Associates (NEA), with
its third annual Lifetime Achievement Award. Barrett will be
presented the award at TCM's Lifetime Achievement Gala, which is
taking place March 6 at the Bethesda North Marriott Hotel and
Conference Center. 
The TCM Lifetime Achievement Award is given each year to a local
individual who has gone above and beyond to serve the community at
large over the course of his or her career. Recipients display
commitment and leadership both in the field and within their company,
fostering new ideas and encouraging creativity. The recipient also
demonstrates generosity and compassion, making sure their work
benefits others. 
"During his career, Jim has catalyzed real transformation in the
biotechnology sector, either through companies he has led or those he
has financed," said Douglas A. Doerfler, chairman of TCM's MdBio
Division and president and CEO of MaxCyte. "With an unmatched depth
of curiosity, capacity to understand very complex science, and
excellent leadership and business skills, Jim has been a high-level
role model for scores of biomedical executives in the Mid-Atlantic
As a general partner at NEA, one of the world's largest venture
capital firms, Dr. Barrett focuses on investing in healthcare
technologies and therapeutics. Over the last decade, his portfolio --
which includes investments in companies such as Amicus Therapeutics,
Clovis Oncology, CoGenesys, Inhibitex, Pharmion and Targacept -- has
been among the most successful in the industry and resulted in his
inclusion in the 2012 Forbes Midas List. His role at NEA is the
capstone in a long career as a pioneering figure in the field of
biotechnology, during which he worked with companies that focused on
gene therapy, targeted cancer therapies, rare diseases and the first
implantable glucose sensor. As an entrepreneur and manager in the
biotech sector, Dr. Barrett founded Sensors for Medicine and Science
(now Senseonics), developer of a revolutionary chemical sensing
technology, and served on the board of biotechnology giant MedImmune
for 18 years until its 2006 acquisition by AstraZeneca, one of the
industry's largest M&A transactions. He also founded Genetic Therapy,
and while leading Bethesda Research Labs merged with Gibco to form
Life Technologies. Early in his career, Dr. Barrett worked in various
divisions of SmithKline. He earned a Ph.D. in biochemistry from the
University of Tennessee, an M.B.A. from the University of Santa
Clara, and a B.S. in chemistry from Boston College.  
"It's been my privilege to work with many companies that have not
only been founded, but flourished, in our region. And the Tech
Council of Maryland's role as an advocate and partner for business
and technology is a linchpin in that ecosystem," said Dr. Barrett.
"An astonishing number of world-class biotechnology companies and
groundbreaking advances in medical technology have sprung forth from
our region, and entrepreneurial talent and capital are only part of
the equation -- the industry owes a tremendous debt of gratitude to
Past recipients of the TCM Lifetime Achievement award include Freeman
Hrabowski, president of the University of Maryland, Baltimore County
(UMBC), and Clifford M. Kendall, former chairman and CEO of Computer
Data Systems Inc. (CDSI). 
For more information on the black tie gala, or to register, please
visit the TCM website.  
 The Tech Council of
Maryland (TCM) is the largest technology trade group serving the
advanced technology and biotechnology communities of Maryland. TCM's
mission is to advocate for the interests of the technology community,
further the role of technology in the Maryland economy, and nurture
an environment where technology companies can collaborate, grow and
succeed. For more information, visit  
Brad Wills
Wills & Associates Public Relations
(240) 752-7171 
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