Donald Olds is President & CEO of NEOMED Institute. Prior to that, he was Chief Operating Officer of Telesta Therapeutics Inc. a publicly-listed biotechnology company (TSX: TST). At Telesta, Don was responsible for finance and investor relations, manufacturing operations, business development, human resources and strategy. Over the course of his three-year tenure, he led a successful U.S. financing to fund the U.S. commercial launch of Telesta’s bladder cancer therapeutic and negotiated a significant ex-U.S. License for the same asset. In October 2016, he led the process that led to the successful sale of Telesta Therapeutics to a larger public biotechnology company.
Prior to Telesta Therapeutics, Don Olds was President and CEO of Presagia Corp., a private Montreal-based software development company focused on developing innovative solutions for workforce management for large US-based organizations. In this role, he led several successful private financings and helped build Presagia’s reputation for delivering quality decision support software solutions to complex organizations.
Before joining Presagia, Don worked for almost 9 years as Chief Financial Officer and Chief Operating Officer of Aegera Therapeutics, where he was responsible for clinical operations, business development, finance, and mergers and acquisitions. During his tenure, Aegera raised over $100 Million in growth capital, initiated 5 clinical development programs, acquired a private oncology company, and executed multiple licensing transactions, one of which was recognized as the largest preclinical licensing transaction ever closed in Canada.
Prior to Aegera Therapeutics, Mr. Olds was Chief Financial Officer of Mediatrix Telecom where he was responsible for operations, finance and manufacturing and led the technology investment banking practice of TD Securities in Quebec.
Mr. Olds is currently Chairman of Oxfam Quebec and Director of Presagia Corp. and has extensive past corporate governance experience serving on the boards of private and public for-profit and not-for-profit organizations. He holds an MBA (Finance & Strategy) and M.Sc. (Renewable Resources) from McGill University.