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>  News Releases >   2007 >   June

Engineering profs chosen as NH "Entrepreneurs of the Year"

Dartmouth College Office of Public Affairs • Press Release
Posted 06/01/07
Rebecca Bailey • (603) 646-3661

Two professors from Dartmouth's Thayer School of Engineering will be honored June 4 for contributing to the advancement of technology-based business in New Hampshire.

Tillman Gerngross and Charles Hutchinson
Tillman Gerngross and Charles Hutchinson in their Thayer School laboratory. (Photo by Joseph Mehling '69)

Charles Hutchinson, the John H. Krehbiel Sr. Professor for Emerging Technologies and Thayer School emeritus dean, and Professor of Engineering Tillman Gerngross are among three people who will be given "Entrepreneur of the Year" awards at the 19th annual New Hampshire High Technology Awards Recognition Banquet Monday, at the Center of New Hampshire Radisson Hotel in Manchester.

The two researchers co-founded GlycoFi, Inc., a biotechnology company based in Lebanon, N.H., that has developed a novel, yeast-based process for manufacturing therapeutic proteins. More efficient and reliable than the standard methods of protein manufacture, which use genetically altered mammalian cells, the process ultimately could result in more potent and lower-cost drugs. The company won several awards for their innovative approach to therapeutic protein production, including the Scientific American 50 Award in 2004, and the Red Herring 100 Award in 2006 from the technology business magazine by that name.

Hutchinson and Gerngross served, respectively, as the company's chief executive officer and chief scientific officer from its founding in 2000 until its acquisition by Merck & Co., Inc., in 2006 for $400 million, the largest sum ever reported for a privately held biotech.

Hutchinson is a member of the board of directors for several firms in New England including Marken Corporation, Hypertherm, Inc., Medical Media Systems, Inc., and MicroCHIPS, Inc. He served as dean of Thayer School from 1984 until 1994, and again from 1997 to 1998. He established Thayer School's Master of Engineering Management program, and has now returned to teaching to develop another new course in technology, innovation, and entrepreneurship for Dartmouth engineering students.

Gerngross, who is also on the faculty in the Departments of Biology and Chemistry, was named in 2006 by the magazine Nature Biotechnology as one of the most notable people in Biotechnology in the past 10 years. In the fall of 2006, he joined the international life sciences investing firm SV Life Sciences as a venture partner and continues to serve as chair of GlycoFi's scientific advisory board and as an advisor to Merck's global licensing group. In 2007, he co-founded ADiMaB with Dane Wittrup, MIT's Joseph R. Mares Professor of Chemical Engineering and Bioengineering; Gerngross currently serves as the founding CEO of the firm, which is based in both Hanover and Cambridge, MA, and is developing an integrated approach to antibody discovery, maturation and biomanufacturing.

The other awardee on June 4 is Joseph Mullen, Chairman, Bottomline Technologies, Inc., Portsmouth, NH.

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