American Diversified Holdings Inc (ADHC)

[stratford1]

Major DD on Brazos Biomedical leader, David Foster, Ph.D., J.D.

I did some digging on Brazos Biomedical and found some great info on their management. Take a look at this resume for David Foster – this business leader is legit and clearly knows his way around when it comes to acquisitions, etc. I think we're looking at something VERY big here with this Brazos acquisition. These guys are major.


David Foster: Co-founder and Parter of Roberts Foster LLP

https://robertsfoster.com/

Check out some of the recent news events. These guys are actively involved in major acquisition talks – one of the most recent news posts refers to a technology company they represented who was acquired by an S&P 500 company.




David Foster: Co-founder of BioNorth Texas

David Foster is certainly well connected in the biotech space ….he founded quite an organization here with an impressive list of members.

https://bionorthtx.org/members/






From the BioNorth Texas “About Us” page:

Purpose:

bionorthTX was created to accelerate the growth of the diverse and balanced life science ecosystem in North Texas. This spans the value chain of healthcare, life sciences, research, the vendor community, and talent and capital resources. Companies can connect with industry leaders, ground-breaking technologies, the investment community, nationally-ranked colleges and universities, a wealth of consultants, a varied population for clinical research and an experienced pool of scientists, technicians and resources.

bionorthTX bridges these stakeholder relationships to catalyze partnering and propel commercialization forward at a faster rate than what these entities could do on their own in such a large region. The organization provides events, opportunities for education, networking and access to capital, which have resulted in partnerships, jobs and new innovations that otherwise may not have occurred. bionorthTX represents the collective interests of member companies to impact policy and bring awareness to significant regional efforts and assets in Texas and across the globe.

About the Organization:

bionorthTX is an independent, non-profit 501(c)(6), member-driven trade association serving and representing the life science industry in North Texas. Member companies range from North Texas’ largest employers to emerging start-ups, universities, research institutions, hospitals, investors, students, individuals and vendors who provide products and services to the life science industry.

bionorthTX is the lead member organization for biotech, therapeutics, diagnostics, clinical development, medical device and contract research companies. The organization is the regional point of contact and affiliate for state and national trade associations including THBI, BIO, AdvaMed, MDMA and PhRMA.


David Foster: Patent counsel at Medarex, Inc.

The history of this company speaks for itself…

https://en.wikipedia.org/wiki/Medarex

Medarex was founded in 1987 by a group of immunologists at Dartmouth Medical School—Dr. Michael W. Fanger, Dr. Paul M. Guyre, and Dr. Edward D. Ball — who partnered with Donald L. Drakeman and Charles Schaller of Essex Chemical Company, through its venture capital arm Essex Vencap. Drakeman, a Dartmouth graduate, brought the parties together and served as the company's chief executive officer. The company went public in 1991, with 2,300,000 shares of common stock at $6.10 per share and 2,250,000 Redeemable Warrants offered at its IPO.[6]

The company was acquired by Bristol Myers Squibb in 2009 for $2.4B


Good stuff. Will be researching other Brazos Biomedical leadership as well. Excited about what's to come here at ADHC. GLTA