Mr. Power established and was President of R.G. Power Associates Inc. in the early 1980's to provide business development planning, licensing and acquisitions services to the healthcare industry. He has worked with over 30 companies, primarily new ventures, to do corporate partnering deals worldwide. Key to this success has been his ability to access key anagement people in the U.S., Europe and Japan. Further, he has worked extensively with the venture capital community, assisting start-up companies in their financing endeavors.

These partnering collaborations have included: a $60 million joint venture between a large and an emerging U.S.-based pharmaceutical company, a $30 million equity/licensing deal between a Japanese and a U.S. firm, a $10 million straight equity investment for medical device rights, a $15 million acquisition of a consumer product business and numerous other straight product licensing agreements, involving fees and R&D support.

Mr. Power was instrumental in founding two new venture companies, Pharmatec, Inc. and Xenon Vision and served as CEO of both.

Prior to establishing his consulting firm, Mr. Power enjoyed a successful career in the pharmaceutical industry first as Head of Business Development at SmithKline and Searle, and culminating as a Corporate Officer at Johnson & Johnson .