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Taiming Chu, PhD, MBA

Taiming Chu, PhD, MBA International Healthcare/Medical Devices Executive Greater Chicago AreaMedical Devices

Burgess COMMENTARY

Peter Burgess

1st 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 Send a messageMore options 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 Peter, would you like to recommend Taiming? Recommend Taiming ConnectionsShared (2) Toby CosgroveToby Cosgrove1st CEO and President at Cleveland Clinic David ReisnerDavid Reisner1st CEO at NanoLand America, Inc. 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