Virginia L. Herndon, Ph.D.

Virginia Herndon is an experienced biotechnology professional, business advisor, executive coach, and entrepreneur. She brings a strong technical background and broad expertise in market reconnaissance, scientific due diligence, strategy consulting, business development and corporate partnering to Herndon Company, which she founded.

Throughout her career, Virginia has managed a wide range of projects spanning the lifecycle of biopharmaceutical firms:

Startup Origination – technical due diligence, identification and evaluation of intellectual property, business planning, leadership recruitment and business model development and implementation;

  • Early stage fundings – due diligence and business viability assessments; and
  • Growth firms – fund-raising strategy development and presentation, executive coaching, technology evaluation and acquisition, business strategy and execution including business development and corporate partnering.

Virginia completed her undergraduate education at the University of Michigan where she received her BS (Honors) in Cellular and Molecular Biology, and did her doctoral work in Biology at Yale University, specializing in molecular genetics.  She did post-doctoral work in Immunology at Bristol Myers Squibb.

In 1990 Virginia joined the Branford, CT based biotechnology consulting firm, Scheer & Company where she became Vice President in 1996. There, Virginia led a broad range of projects for both investors and companies throughout the biopharmaceutical industry. In 2000, she left Scheer & Company to start Herndon Company where she continues to offer a broad range of consulting services to both companies and investors.

Virginia’s achievements include.

  • Origination of Start-Up Companies: (Viropharma, Inc. and Esperion Therapeutics):
    • Identification, evaluation and acquisition of intellectual property, identification and recruitment of scientific founders and senior management candidates, and business plan development.
  • Technology evaluation and due diligence for venture capital and money management firms, as well as pharmaceutical and biotechnology companies:
    • Evaluation of a wide variety of early stage and public companies with technologies or products related to genomics, functional genomics, gene therapy, pharmacogenomics, bioinformatics, DNA sequencing, cardiovascular therapeutics, antivirals, cancer and animal model systems.
  • Strategy Consulting:
    • Presented strategic overviews and competitor analyses for emerging technologies to senior executives of Schering-Plough, Eli Lilly, Hoffman LaRoche and Johnson & Johnson;
    • Evaluated and made recommendations for handling Pharmacia & Upjohn’s divestment portfolio;
    • Provided technical due diligence, strategic counsel and business development for acquisitions in chemistry and genomics by PPD Discovery.
  • Business Development/Corporate Partnering:
    • Established three major discovery-based corporate alliances with pharmaceutical companies for PPD Discovery;
    • Established a collaboration between Zygogen, LLC and Aventis Pharmaceuticals.