— Bob Duggan
Robert Duggan began his hands-on investment journey with the start-up artistry company Sunset Designs. Through his leadership and an initial $100k investment, Sunset Designs was ultimately acquired by Reckitt & Bensicker for $15m. He now has five decades of profitable business ventures to show for his dedication, as well as awards and a recurring spot on the Forbes Billionaires list.
Under Bob’s guidance, Pharmacyclics' stock price increased from $0.57 a share in Feb 2009, to $261.25 a share in May 2015. Pharmacyclics and its "miracle drug" IMBRUVICA® were acquired by AbbVie for $21 billion in May 2015. As of today, IMBRUVICA® continues its dramatic growth and success, with use in widening indications.
Duggan's active directorships have always manifested his philosophy of "not just making a difference -- but making a difference for the betterment of all involved."
Duggan continues to inspire innovation, direct noteworthy investments, and lead projects focused on cutting-edge biosciences. These include groundbreaking developments in cancer treatment, antimicrobial advancements, anti-aging technologies, and stem cell research, among other endeavors.
Bob was educated at the University of California, where he majored in Business and Economics but did not pursue a degree.
His mentor was Herbert C. Kay, a Wharton fellow, and acclaimed Stanford alumnus. Duggan completed a full-time three-year apprenticeship under Kay's guidance, during which his roots as a venture capitalist were formed.
Summit Therapeutics redomiciled to Delaware, USA.
Investor, Chairman & CEO — Summit Therapeutics
Investor — Summit Therapeutics
Investor & Board Member — Human Longevity Inc.
Investor & Chairman of the Board — Pulse Biosciences
Investor — Pulse Biosciences
Presented with the Venky Narayanamurti Entrepreneurial Leadership Award
Investor & Non-Executive Director — OxStem
Founder, Investor & CEO — Duggan Investments
Founder & CEO — Genius Inc.
2008 - 2015
Chairman & CEO — Pharmacyclics (PCYC)
Director — Pharmacyclics (PCYC)
2004 - 2008
Investor — 2004 Initial open market purchase of PCYC shares. ’04 to ’08 accumulated in excess of 30% of PCYC.
2003 - 2011
Investor & Board Member — Intuitive Surgical
Computer Motion merged with Intuitive Surgical (ISRG) — Became worldwide leader in medical robotics.
Awarded Knight of the Legion of Honor by French President Jacques Chirac for work on robotic surgical technology
1997 - 2003
Founder, Investor & Chairman — Metropolis Media
1989 - 2003
Investor, Chairman & CEO — Computer Motion
Trustee — UC Santa Barbara Foundation
Presented the US Congressman’s Medal of Merit by Texas Congressman Dr. Ron Paul
1983 - 1988
Investor & Chairman of the Board — Communication Machinery Company
1980 - 1986
Investor — Government Technology Services Inc. (GTSI)
1976 - 1987
Founder, Investor, Chairman & CEO — Paradise Bakery
1971 - 1975
Investor & Board Member — Sunset Designs (Jiffy Stitchery)
1966 - 1968
Studied Business Management & Corporate Finance — Transferred to University of California, Los Angeles
Studied Economics — University of California, Santa Barbara
Attended St. Francis High School in Mountain View, Ca., graduated cum laude and V.P. of his student body.
28 April Born in Oakland California; moved to San Jose/Santa Clara in 1948. Raised in San Jose/Santa Clara area.
Some of Duggan’s notable accolades and successes include:
“The two P’s of perception and perfection are worth validating. One must perceive if one’s ideas are or are not workable. Perceiving requires looking without prejudice and seeing what you see. Not necessarily what you desire to see or what someone else insists you see. But really see, perceive, what is truly there.”
“The cherishing or pursuit of high or noble principles, purposes and goals can lead to levels of creation that spark unparalleled joy.”
“By striving to achieve great things, not just for yourself, but for the betterment of mankind, some will accuse you of being idealistic. Surely, there are worse things to be accused of.”
“Do continue as there is no limit to innovation, joy, happiness and wealth.”Bob Duggan
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