INDIAN-AMERICAN HONOURED WITH UTAH GOVERNOR'S MEDAL
29 oct 2020
Dr Dinesh C Patel
Indian-American entrepreneur was honoured with the Utah Governor’s Lifetime Achievement Medal for Science and Technology for his contribution in the field of biotechnology and pharmaceuticals.
Since 1987 the governor's medal for science and technology has been given to the winners as a symbol of recognition to those who have provided the distinguished service to the state in the fields of science and technology.
It's nearly 40 years since Patel came to Utah. His achievements and hard work brought financial success and gave life to live for thousands across the globe.
TheraTech, Patel founded Salus Therapeutics, a biotechnology company that developed anti-sense pharmaceuticals.
Genta Inc acquired Salus in 2003 for $30 million.
Patel Family Investments, which has a current portfolio of over 25 early-stage companies and 12 private equity/venture funds he always kept growing.
Patel has received honours locally and across the globe for his leadership, mentorship and contributions to the scientific communities including the State of Utah’s Governor’s Medal for Science and Technology Award – Industry Category in 1996.