Manage episode 232797438 series 2431311
How does somebody go from play youth sport growing up in California, to playing college tennis, to founding a company that could change the face of medicine. Ping Yeh fought a tough battle with blood cancer and survived. Yeh is cancer-free, but he still deals with side effects from a high-potency regimen of chemotherapy that had almost no positive effect because his body was resistant to the drugs. He survived the treatment, but the question remained: Why was this a trial-and-error situation? Why did Ping have to go and take this drug that could have killed me? These questions burned in Ping, so he co-founded Stemonix, which invented a way to create and test chemical reactions between drugs and human cells outside of the body.
The company launched in 2014 and worked for a year perfecting its idea and forming its team. The privately held company has attracted more than $11 million in investments so far, including a $6 million series A funding round. In 2016 Stemonix was the grand prize winner in the Minnesota Cup, an entrepreneurship competition organized by the Carlson School of Management. July of 2017, Stemonix received a Red Herring Top 100 North America award from tech-news company Red Herring.
This is his how he got here.
Good Listen for aspiring entrepreneur, business men and women, and seeing how sports helped a person through chemotherapy--- Support this podcast: https://anchor.fm/linklete/support