From Lab to Patient, Garage to Market with Philip Crowley, Episode 8 In this episode of From Lab to Patient, Garage to Market, Phil Crowley speaks with Dr. Michael Johnson, President of the New Jersey Innovation Institute (NJII) and the former CEO and Co-Founder of Visikol, a leading biotech company. NJII is focused on accelerating technology and fostering innovation in order to have a positive economic impact in New Jersey. Tune in to the episode to hear about: *Journey to Entrepreneurship: Michael Johnson talks about how his time at NASA inspired him to pursue entrepreneurship to make a significant impact.
- Learning Through Experience: Michael Johnson emphasizes the importance of self-learning and adaptability, highlighting how he and his co-founder acquired business skills on their own.
- Overcoming Challenges: Michael Johnson mentions that they tackled company challenges, particularly in sales and marketing, through a scientific and iterative approach.
- Networking and Building Relationships: Michael Johnson emphasizes the critical role of networking in building relationships that lead to key opportunities.
- Acquisition Process: Michael Johnson goes over the strategic decision to sell his company during favorable market conditions after navigating the challenges of COVID-19.