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Our General Partner Team

We are experienced general partners with strong venture backgrounds, deep industry expertise and a breadth of established relationships. Since 1985, our team members have organized, financed, and operated 14 healthcare and life science start-up companies and collectively possess more than 70 years of experience in the formation, funding, and management of companies, including Anesta, Myriad Genetics, Sonic Innovations, Acacia Biosciences and ZARS.

Steve Borst

Managing Director

Steve Borst has an extensive background in both operation of venture capital funded life science companies and management of venture capital firms.  Mr. Borst has worked for the venture funds Pelion Ventures, Frontenac Company and Capital Health Venture Partners, located in Salt Lake City and Chicago.

Mr. Borst has also worked with the venture-funded companies Q Therapuetics, American Wholehealth and Applied Computer Technology for Patient Care.   

Mr. Borst received a B.S. in Industrial Engineering from the University of Michigan and an M.B.A. from the J. L. Kellogg Graduate School of Management at Northwestern University.


Dennis Farrar

Managing Director

Mr. Farrar has over 17 years of seed stage venture investing delivering investors an outstanding 213% IRR. Starting in the early 1990, Mr. Farrar launched the Founders Fund, which invested in 9 university life science technologies, launching and exiting 7.

Mr. Farrar has held numerous executives positions: Q Therapeutics, Inc., Co-Founder, initial President & CEO, Arcaris Proteomics, among others.

Mr. Farrar started his professional career as an attorney, working in New York City, San Francisco and Salt Lake City. He holds both a BA and JD from Stanford University.   


Dr. Ted Stanley

Managing Director

Ted Stanley is a world-renowned expert in development work on opioids, other intravenous anesthetics and novel drug delivery techniques.

He is a Professor of Anesthesiology and Surgical Research and the Director of the Anesthesiology Research Laboratory at the University of Utah.

Dr. Stanley is also a very successful entrepreneur, launching and exiting companies based on his research and science. 

Dr. Stanley graduated from Columbia College and received his M.D. from Columbia University.


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