The Biotech Startups Podcast 🧬 Derek Hennecke - Kincell Bio - Part 1 | Sales Means Having Two Ears and One Mouth | The Support of a Partner Can Make or Break a Career | Skip the MBA
Sep 9, 2024
31:18
As a podcast listener, you can redeem exclusive discounts with a growing list of biotech vendors and get $500 off your first equipment lease by using promo code “TBSP” on https://www.excedr.com/rewards.
Part 1 of 4.
Part 1 of 4.
My guest for this week’s episode is Derek Hennecke, a veteran biotech entrepreneur and board member with over 30 years of experience in the CDMO industry, whose mission is to support the biotech revolution and create value for patients, customers, and investors.
In addition to his Board work, Derek previously held leadership positions at DSM and was the Founder and CEO of Xcelience, which he eventually sold to Capsugel Lonza in 2016. Xcelience was a Florida-based CDMO that specialized in preformulation, micronization, analytical services, formulation development, cGMP manufacturing, and more. His extensive expertise in pharma and cell therapy makes for an insightful conversation that founders can learn from.
Join us this week and hear about:
- Derek’s childhood and his early interest in history and science
- His academic journey in microbiology at the University of Alberta, where he shifted from chemistry to biology, and his eventual move into sales.
- His MBA experience in the Netherlands and his current outlook on the degree.
Please enjoy my conversation with Derek Hennecke.
Find Our Guest, Derek Hennecke, at these links:
Find Our Host, Jon Chee, at these links:
Social & Website
LinkedIn: https://www.linkedin.com/company/excedr/
Youtube: https://www.youtube.com/@excedr
Instagram: https://www.instagram.com/excedr_inc
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Facebook: https://www.facebook.com/excedr
TikTok: https://www.tiktok.com/@excedr
Podcast Website: https://www.thebiotechstartupspodcast.com/
Timestamps
00:28 Intro
02:13 Episode starts, Derek's early upbringing as a military kid and learning how to adapt to moving every 4 years
06:33 Having an interest in history but ultimately falling in love with science, Studying microbiology as an undergraduate at the University of Alberta
08:50 Undergraduate lab experience
14:04 Professors and mentors who were influential
15:40 Next steps after Undergraduate microbiology, going from academia to sales at Boehringer Mannheim
22:02 Introvert vs. Extrovert in Sales
24:28 Decision to move to the Netherlands to pursue a masters in business
28:20 The rarity of getting an MBA and using it to move into a new country to network
30:18 Outro
The Biotech Startups Podcast gives you a front-row seat to the business and science of building a biotech. Hosted by Jon Chee, CEO of Excedr, the show features honest conversations with founders, execs, and investors about their work, their companies, and how they got there. From scientific breakthroughs to startup lessons, each episode explores what it really takes to grow a life science company—from pre-seed to IPO.