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Entrepreneur-Turned-Venture Capitalist David King to Share Story with Science Center Entrepreneurs

PHILADELPHIA--(September 14, 2010) – Before he was investing in early-stage companies David King was running them. King will share his experiences as a serial entrepreneur turned venture capitalist with a Smart Talk: Adventures in Entrepreneurialism presentation, Wednesday, September 22 at the University City Science Center’s offices at 3711 Market Street in Philadelphia.

King was one of the founders of BioRexis Pharmaceuticals, Corp., which started at the Science Center’s Port Business Incubator in 2002. Before being acquired by Pfizer in 2007, BioRexis raised $38 million from several venture funds. Now a venture partner with Quaker BioVentures, King, is on the other side of the table, working with one of the funds whose first investment was BioRexis.

King will tell the BioRexis story and share some insights on the current state of venture funding in today’s economy. “As someone who has worked both sides of deals, David has a unique perspective on entrepreneurship and funding,” says Science Center President & CEO Stephen S. Tang, Ph.D. “David also has a unique perspective on the Science Center as a successful graduate and a member of our Board of Directors.” Sponsored by Deloitte and the University City Keystone Innovation Zone, Smart Talk is a quarterly program at the Science Center which gives startup and growing companies a look at best practices and business strategies from industry leaders in the region.

King’s remarks will be followed by a panel discussion later this year on “Perfecting your Pitch.” The Smart Talk program will take place 8:30 – 10:00 a.m. at the Science Center’s offices at 3711 Market Street, Suite 800. The program is free. Space is limited and advance registration is required. Online registration is available at: http://sciencecenter.basecampbusiness.com/node/14739.

About the Science Center The University City Science Center accelerates technology commercialization, regional economic development, and the market availability of life-enhancing scientific breakthroughs by bringing together innovations, scientists, entrepreneurs, funding, laboratory facilities, and business services. Established in 1963 and headquartered in Philadelphia, PA, the Science Center was the first, and remains the largest, urban research park in the United States. Graduate organizations and current residents of the University City Science Center’s Port business incubators have created more than 15,000 jobs that remain in the Greater Philadelphia region today and contribute more than $9 billion to the regional economy annually. For more information about the Science Center, go to www.sciencecenter.org.

Media Contact:

Kristen Fitch

Kristen Fitch

Director, Marketing