Co-Founder, Chairman, CEO
Mr. Marcell is an experienced entrepreneur and healthcare executive with an extensive record of building life science and technology businesses, raising capital, creating value, and setting the stage for rapid growth.
Mr. Marcell co-founded ReadCoor while serving as an Executive in Residence at the Harvard Wyss Institute for Biologically Inspired Engineering. There he led a talented team who constructed the business plan, developed strategy, and raised initial capital from a syndicate of leading venture capital funds. Mr. Marcell has founded and/or led several early stage venture-backed companies including RedPoint Bio (public in 2005), SeniGen (acquired by SQNM), Lifecodes (division of HOLX, acquired by TPG), and Metamark Genetics.
Between start-ups Mr. Marcell has worked in many cool roles. These include serving as adjunct faculty at the University of Pennsylvania’s Wharton School, where he taught Entrepreneurship and Venture Initiation; serving as President of the Port of Technology in Philadelphia, among the largest life sciences and technology incubators in the US, and launching and leading the University City Science Center’s first venture capital fund; and serving as Executive in Residence at Excel venture management, a leading Boston life sciences venture fund. Mr. Marcell is a current member of the Monell Center’s International Advisory Council and a fellow and advisory board member of the University of Pennsylvania’s Weiss Tech House.
For the last 25 years, Mr. Marcell has also been continuously active in non-profit causes about which he is passionate. He was a founder and board member of Gilda’s Club in New York, a community support organization for people with cancer and their families. He served as chairman of the board of Calcutta House in Philadelphia, an organization operating residential care facilities for people living with AIDS. And most recently he established a martial arts program at Nashoba Learning Group in Bedford, MA for children and adults with autism spectrum disorder. He holds a BA in Economics from The George Washington University.