Mr. Crouse is Managing Director (retired) and a General Partner of Healthcare Ventures, one of the world’s largest venture capital firms specializing in biotechnology. HealthCare Ventures creates, finances, manages and builds high science biopharmaceutical companies. The General Partners have led the strategic development and management of more than 100 companies with a combined market capitalization of greater than $60 billion in important and emerging fields such as genetic therapy, genomic sciences and organ and cellular transplantation. Mr. Crouse maintains extensive contacts with major pharmaceutical and biotechnology companies and has assisted the portfolio companies in initiating and negotiating collaborative agreements, which have resulted in more than $3 billion of funding to the portfolio companies.
Mr. Crouse has over forty years of experience in the pharmaceutical and diagnostics industry in general management, international operations, strategic planning, licensing, acquisitions, new product development, and sales and marketing. Prior to joining HealthCare Ventures, he was Worldwide President of Ortho Diagnostic Systems and a Vice President of Johnson & Johnson International from 1987 to 1993.
Before joining Johnson & Johnson, Mr. Crouse was Division Director at DuPont Pharmaceuticals, responsible for all international businesses and worldwide commercial development activities. He previously served as President of Revlon Health Care Group’s companies in Latin America, Canada and Asia/Pacific. He also held various sales, marketing and management positions at E.R. Squibb & Sons and lived and worked in Latin America and Europe for seven years.
Mr. Crouse currently serves on the Board of Directors for The Medicines Company, a publicly traded biotechnology company, where he is Chairman of the Nominating and Corporate Governance Committee, Targanta Therapeutics as Chair of the Compensation Committee, and Uluru, Inc. as Chairman of the Board of Directors. He is also on the Board of Directors of four private biotechnology companies. Previously he served on the Board of Directors of numerous other biotechnology companies.
Among his community activities, he is a Trustee and Executive Committee Member of the New York Blood Center and served as Chairman of the New Jersey Blood Services Blood Drive. He was a Trustee at Mailman School of Public Health at Columbia University. He is a former Board Member of Liberty Science Center and was on the Board of Trustees and the Executive Committee of the United Way of Somerset County and was co-chairman of their annual fund raising campaign. He also served on the Board of Directors of Pace University, Lubin Graduate School of Business Alumni Association. He was active in the Health Industry Manufacturers Association and the Pharmaceutical Research and Manufacturers Association.
Mr. Crouse received a B.S. in Finance and Economics from Lehigh University and an M.B.A with Distinction in Marketing Management from Pace University.
Mr. Crouse is an emeritus member of the Dean's Advisory Council.