Jeffrey Aronin is the founder, chairman of the board, and chief executive officer of Paragon Biosciences. His company incubates and invests in startups in the healthcare industry. The focus is on helping startups which are focused on finding cures for rare diseases. There are a huge number of diseases which have received little research and so no adequate treatments are available. Most other healthcare firms would rather focus their resources on diseases that affect a lot of people in order to make the biggest profits.
A rare disease is one that affects 200,000 people or less in the world. Jeffrey Aronin’s strategy to help these people has three parts to it. The first step is to understand the patient’s disease and how it came about. Second, use breakthrough science to address the root cause of the disease. Third, build a company that is focused on providing a cure for the disease that will receive FDA approval. In most cases whatever the underlying cause of the illness has never been properly addressed which is what the team at Paragon Biosciences is trying to do.
Each startup that Jeffrey Aronin’s company builds is comprised of a focused team of experts. They are given access to all of the resources they need to be successful so that they can efficiently come up with a successful treatment. Paragon Biosciences also builds the surrounding infrastructure that each company needs in place including strategic services such as medical, clinical, and regulatory expertise. One of the reasons that entrepreneurs choose to work with Jeffrey Aronin’s company is that they are able to network with other entrepreneurs that have worked with it and have had success.
Jeffrey Aronin is responsible for creating one of the nations leading healthcare company incubators in Chicago, Illinois. They currently have over 200 startups in different stages including establishment, growth, expansion, and maturity. His success at what he does has led to a number of professional rewards, such as the Weizmann Leadership Award he earned in 2017. Another award he is proud to have won is the Illinois Holocaust Museum & Education Center’s Humanitarian Award.