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Taiming Chu, PhD, MBA
International Healthcare/Medical Devices Executive
Greater Chicago AreaMedical Devices
Current
In Transition
Previous
Covidien - a $12B global healthcare products company, AspireTech Solutions, Inc. – a medical devices and biotechnology start-up, TMC, Inc. – a technology consulting firm
Education
Northwestern University - Kellogg School of Management
500+
connections
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www.linkedin.com/in/taimingchu/
Contact Info
Background
Summary
I am a global R&D, technology innovation and corporate strategy executive with depth of knowledge and experience in Orthopedics, Cardiovascular, Rehabilitation and Neurological devices, Medication Delivery System and Surgical/BioSurgical Devices. My greatest rewards have come from driving corporations to seize unique international growth opportunities, especially in Emerging Market expansion, via competitive intelligence, new product launching and business developments, technology licensing and M&A.
With a solid engineering background and business acumen, I have consistently been acknowledged as a thought leader in leading cross culture/cross functional teams to develop and innovate in cost effective technology/product development, drive product platforms and portfolio development and management; as well as carrying out independent studies, and making critical and strategic decisions with a flexible learning attitude.
My team has referred to me as a quintessential problem solver and results driven executioner for my exceptional ability in understanding the voice of the customer (VOC), and my creative and pioneering efforts in delivering economic solutions for customer needs. I can hit the ground running and have a talent for bringing the right individuals together for achieving sustainable result, generating fresh ideas, robust and caring relationships.
I thrive on challenges and enjoy negotiating win-win business cases. I speak fluent English and Chinese-Mandarin, am conversant in Japanese and basic in Cantonese and Taiwanese.
Specialties:
Global R&D - Biomedical Engineering, International Corporate Strategy, Emerging Market Technology/Product Design, Innovation & Development, Products' Platform and New Products Portfolio Development and Management, Business Expansion, Competitive Intelligence, M&A, Negotiation, Revenue Growth, Partnerships & Alliances Development and Management, Branding and Positioning, Cross Functional Team Built and Management.
Experience
International Healthcare/Medical Devices R&D and Corporate Strategy Executive
In Transition
2013 – Present (less than a year)Greater Chicago Area
Seeking a leadership position in a global corporation with emphasis in strategies in emerging market technology R&D, cost effective product innovation, product platforms & portfolios development, international business expansion and market development.
Director, R&D Tailored Product - Emerging Market
Covidien - a $12B global healthcare products company
2011 – 2013 (2 years)Shanghai, China
Selected by senior management to provide executive leadership with full oversight and direction for global R&D development and execution. Pioneered and drove cost effective and tailored products innovation and development including competitive technology and market intelligence. Led/supervised 20+ staff including engineers, marketing, clinicians, physicians, sales and sourcing in products pipeline and portfolio development and management with $5M budget.
VP of Business Development
AspireTech Solutions, Inc. – a medical devices and biotechnology start-up
2009 – 2011 (2 years)Greater Chicago Area
Built and launched the start-up business. Led all international R&D projects and pioneered global business development including budget management and VC fund raising. Instituted solutions for emerging technology innovation, new product development, market intelligence, corporate/operation strategies. Fostered investment opportunities and helped companies emerge and disrupt the market place. Liaison to professionals including translation, ambassadorship, alliances and partnership. Increased working projects and revenues 100%.
Managing Director/Consultant
TMC, Inc. – a technology consulting firm
2001 – 2009 (8 years)Greater Chicago Area
Expert in R&D, product innovation, risk assessments, emerging technology evaluation, due diligence, licensing agreements, M&A negotiations, competitive intelligence, growth strategies including interaction with physicians and involvement in surgical procedures with multi-cultural/multi-language environments. Built and managed partnerships and alliances. Testified in technical and business liability litigations including criminal, civil, injuries causation, product dysfunction and infringements of intellectual properties (IP) cases. Grew bioengineering business by 20%.
Associate Professor
New Jersey Institute of Technology (NJIT), Newark College of Engineering
1993 – 2001 (8 years)New Jersey
An ABET accredited science and technology public research university.
Recruited and selected by senior management to lead the build, launch and management of the Biomedical Engineering Program in the Department of Mechanical Engineering. Obtained $1M+ in research grants, 80+ peer reviewed publications, 100+ national/international scientific/engineering conferences presentations, developed and taught 25+ mechanical/biomedical engineering courses and supervised 200+ PhD and Master Thesis, Honors College and Special Undergraduate Capstone Projects.
Honors & Awards
New Jersey Inventor Hall of Fame Committee member (by invitation)
American Society of Mechanical Engineers - Distinguished Engineer of the Year
American Society of Mechanical Engineers - Minority Leadership Award
International Who’s Who (by invitation)
U.S Academic representative of a delegation (by invitation - China central gov) to Beijing and Wuhan, China
Languages
English
Native or bilingual proficiency
Chinese-Mandarin
Native or bilingual proficiency
Japanese
Elementary proficiency
Skills & Expertise
Most endorsed for...
54Cross-functional Team...
33Medical Devices
26Start-ups
17Product Development
13Product Management
12Strategy
11R&D
11Business Strategy
10Product Launch
10Market Development
Taiming also knows about...
9Biotechnology
9Pharmaceutical Industry
8Market Research
6Management
6Global Marketing
5Lifesciences
4FDA
4Marketing
3Commercialization
3Mergers & Acquisitions
3Product Marketing
3Business Development
2Leadership
2Manufacturing
2Healthcare
See 25+
Education
Northwestern University - Kellogg School of Management
Northwestern University - Kellogg School of Management
MBA, International Businesss and Corporate Strategy
The University of Akron
The University of Akron
PhD, Mechanical-Biomedical Engineering
Additional Info
Interests
Outdoor/sport activities, volunteer work, music, dancing, martial arts (black belt), interior design and home improvement.
Advice for Contacting Taiming
International Corporate Strategy / Global R&D / Emerging Technology / Product Innovation & Development / Competitive Intelligence / M&A / Partnerships Management / Strategic Alliances
Recommendations
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ConnectionsShared (2)
Toby CosgroveToby Cosgrove1st
CEO and President at Cleveland Clinic
David ReisnerDavid Reisner1st
CEO at NanoLand America, Inc.
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