Terry Fadem is a business development professional focused on accelerating the growth of new and innovative businesses. His interest is on speeding up the process of moving ideas to market, which he has accomplished as a leader in both the academic and business communities. He has founded new businesses, mentored startups, assisted in the launch of not-for-profits, and maintains a small strategic consulting practice.
At the University of Pennsylvania, he built the Office of Corporate Research for the Perelman School of Medicine, where he served as the managing director for 10 years. In addition, he was the first director of the Commercialization and Entrepreneurship Program (CAEP) for the Institute for Translational Medicine and Therapeutics (ITMAT) at the University of Pennsylvania.
Fadem was instrumental in developing a portfolio of over 200 Corporate/Penn Medicine collaborative research projects and a dozen major alliances that have resulted in discoveries, patents, papers and, most important, accelerated the translation of technology into products for patients. Within Penn Medicine, he served on a number of advisory boards and committees on clinical research and evidence-based medicine and was also a member of the NIH Public Private Partnership oversight committee for the Clinical Translational Science Award (CTSA) program.
Prior to joining Penn, Terry worked as director of new business development for the DuPont Company, where he led the company's new business venture programs. He has been profiled in Business Week, and his venture teams have been the subject of books and articles.
In addition to being an adjunct lecturer at the Kellogg School of Management at Northwestern University, he is also a Senior Fellow of the Wharton School's Mack Institute for Innovation Management at the University of Pennsylvania. He is active in various community and patient advocacy organizations and is president of the Biomedical Research and Education Foundation, a not-for-profit organization dedicated to improving medical care.
Terry is the author of articles and has a number of recent publications, most notably The Art of Asking: Ask Better Questions Get Better Answers (FT Press), which has generated a series of ebooks on questions for managers. He has presented lectures on commercialization, entrepreneurship and innovation.