Issue link: https://nebusinessmedia.uberflip.com/i/1509493
HARTFORDBUSINESS.COM | OCTOBER 16, 2023 37 POWER 25 | HEALTH CARE iary, OnkosXcel Therapeu- tics, is developing medicines in immuno-oncology. Nandabalan is a serial entre- preneur with over two decades of experience in the pharmaceutical and biotechnology industries. Nandabalan is also founder, chairman, president and CEO of Guilford-based Invea Therapeutics, which is focused on using AI to find treatments for inflammation. Previously, Nandabalan had exec- utive positions at Genaissance Phar- maceuticals and CuraGen Corp. Michael Waterbury M ichael Waterbury, a veteran of the managed- care industry, is the CEO of Canton-based Goodroot, an umbrella company that provides capital, finance, legal, HR, sales and marketing support to scale healthcare technology companies. Goodroot, so far, has helped launch eight companies focused on helping employers lower health and pharmacy benefit costs. The companies provide a range of services, including benefit navigation, pharmacy benefit consulting and health engagement. They range from Nuwae, which works with pharmaceutical compa- nies, payers and patients toward a goal of having a single price for a drug, to RemedyOne, which analyzes a company's existing pharmacy benefits program, looking for ways to capture more in drug rebates. Goodroot also offers services to health insurers through compa- nies such as Penstock, which provides audit and payment integrity technology. Goodroot says its portfolio companies have already saved clients more than a billion dollars in healthcare costs. Waterbury told HBJ earlier this year, Goodroot may need to launch 20 to 30 targeted services and/or companies before it can truly change the incentive system that leads to higher healthcare costs. Goodroot was recognized in 2022 and 2023 by the Real Leaders Impact Awards for mission-driven companies. Waterbury was named an "Entre- preneur of the Year" finalist by Ernst & Young in 2020, and was listed on the Real Leaders "Speakers to Watch" list for 2023. UPCOMING ISSUES & EVENTS EVENT: OCTOBER 26 | CYBERSECURITY FORUM The Constitution Room Memorial Hall, CCSU • 7:30-11 AM OCTOBER 30 ISSUE | FOCUS: CYBER SECURITY NOVEMBER 13 ISSUE | FOCUS: BUSINESS SCHOOLS + BEST PERSONAL INJURY FIRM SPECIAL SECTION NOVEMBER 27 ISSUE | FOCUS: RENEWABLE ENERGY + INNOVATORS MAGAZINE EVENT: NOVEMBER 28 | C-SUITE AND LIFETIME ACHIEVEMENT AWARDS Aqua Turf Club • 5 pm - 8 pm DECEMBER 11 ISSUE | FOCUS: 5 WE WATCHED + UNITED WAY IMPACT REPORT EVENT: DECEMBER 14 | CT'S HEALTH CARE HEROES AWARDS 2023 Aqua Turf Club • 5 pm - 8 pm DECEMBER 26 | BOOK OF LISTS Purchase a group subscription for your team or entire organization. Get access to HBJ for your entire team! EMAIL>> CIRCULATION@HARTFORDBUSINESS.COM FOR MORE INFORMATION