NewHavenBIZ

NHB Nov.-Dec. 2019

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n e w h a v e n b i z . c o m | N o v e m b e r / D e c e m b e r 2 0 1 9 | n e w h a v e n B I Z 3 F R O M T H E E D I T O R newhavenBIZ Volume 2 • Number 8 • November/December 2019 New Haven Biz 900 Chapel Street, New Haven, CT 06510 (203)-937-2148 • www.newhavenbiz.com EDITOR Michael C. Bingham MANAGING EDITOR Michelle Tuccitto Sullo CONTRIBUTING WRITERS Jessica Giannone Holly Marie LaPrade Melissa Nicefaro Natalie Missakian Wendy Pierman Mitzel Frank Rizzo Makayla Silva Karen Singer DESIGN DIRECTOR Mitchell Hayes PRODUCTION DIRECTOR Kira Beaudoin PHOTOGRAPHY Christopher Randall Andrew Venditti DIRECTOR OF SALES AND STRATEGIC PARTNERSHIPS Ronni Rabin PRESIDENT & PUBLISHER Joe Zwiebel CHIEF EXECUTIVE OFFICER Peter Stanton CHIEF FINANCIAL OFFICER/CHIEF OPERATING OFFICER Mary Rogers GROUP PUBLISHER Donna Brassard DIGITAL DIRECTOR Jan Holder AUDIENCE DEVELOPMENT DIRECTOR Kelly Ansley EDITORIAL DIRECTOR - CT Greg Bordonaro NEW HAVEN BIZ (ISSN 2639-605X), Vol. I, No. 4 is published six times annually plus two special editions by New England Business Media, 900 Chapel St., 10th Floor, New Haven, CT 06510. Copyright 2018. All rights reserved. Subscriptions: Annual subscriptions are available for $29.95. To subscribe please email circulation@newhavenbiz.com or contact our circulation team at 203-937-2148 ext. 4 New Haven BIZ accepts no responsibility for unsolicited manuscripts or materials and in general does not return them to the sender. A division of: Advertising: Ronni Rabin phone: 203-937-2148 ( x707) rrabin@newhavenbiz.com New Haven BIZ is a publication of New England Business Media, LLC. W hy do highly intelligent, high achieving people choose the professions they choose? Money, is the frequent and obvious answer. Or power, and the ability to exercise it over others and for personal gain. Money and power. Are they the same? Sometimes — not always. In the United States, many ambitious people seek high elective office not for economic rewards (at least not directly), but to accumulate and exercise power. e payoff comes later, maybe — lobbying and consulting gigs that pay as much for who you know as for what. But there are other reasons. In this issue Natalie Missakian profiles a group of New Haven-area researchers and bioscience exe- cutives at the helm of companies devoted to finding life-saving treat- ments to mortal diseases. In many cases, their professional questions have deep personal underpinnings: In "Duel to the Death" she tells the stories of people like Per Hellsund, who lost his father and sister to can- cer and today, as CEO of Cybrexa erapeutics, is working to develop new cancer drugs. He's hardly alone: e company's co-founder, Ranjit Bindra, cruelly lost his own father to cancer just three weeks before his graduation from med school. Barbara Pearce is one of New Haven's most accomplished and respected professionals. She holds three degrees from Harvard, has chaired more boards of directors than most of us could count and has successfully managed and grown the real estate business her father Her- bert Pearce founded in the 1950s. At the beginning of 2019, Barbara Pearce did the unthinkable: She le the family business behind for a year to take on the challenge of rescuing the troubled Connecticut Hospice, the Branford nonprofit that provides end-of-life care, from deep financial distress. e challenge is professional, and also personal: Herb When the profession turns personal Pearce's life ended at Connecticut Hospice eight years ago, and she believes profoundly in its purpose and mission. Marjorie Shansky (DOWN- TIME) became a lawyer not in pursuit of the usual money and power, but because she was burdened (as she says) with an "overdeveloped sense of justice." But Shansky's law career (her New Haven practice concentrates on land use and zoning matters) reflects only a fraction of her professional output. Her first and lifelong love is music: She has been playing flute in the New Haven Symphony Orchestra since she was a grad student in 1972, and is that ensemble's longest-tenured member. She didn't choose a mu- sic career for the money, Shansky says: "Music chooses you." In this case, the section of the magazine in which Shansky's story appears is an ironic misnomer: She has no DOWNTIME. As always, I invite you to con- tact me at mbingham@newhaven- biz.com. n — Michael C. Bingham Editor New Haven BIZ

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