Transitioning From Startup CxO to Scale-up CxO with Dr. Tim Guilliams, Co-founder of AI Drug Development Company, Healx

My guest today is Dr. Tim Guilliams, co-founder and CEO of Healx, a UK-based AI drug development company focused on rare diseases. Dr. Tim along with Dr David Brown, the co-inventor of Viagra, founded Healx in 2014 and went from bootstrapping their company for 4 years to raising more than $67 million in two years (Investors in Healx include Atomico, Balderton Capital and several others). In this episode, I find out more about how you make the shift as a CEO when you grow from being a startup to scaleup so quickly. I also talk to Tim about the paradigm shift happening in healthtech. This is a must listen for fast growing startup founders looking to scale and ofcourse for startups in the healthtech space on what to do and what not to do.
Healthtech and Healx
  • [1:53] What inspired you to start focusing on rare diseases?
  • [3:28] Could you define what rare disease means?
  • [3:43] Why has what you’re doing never been done before? And how is your approach to drug discovery different from others?
  • [5:53] What are the trends you’re seeing in this space? And what do you think is accelerating this high amount of investment in health tech?

Startup to Scaleup
  • [8:16] Why did you bootstrap your company in the early stages and how did you execute with minimal resources?
  • [10:18] Why did the inventor of Viagra - Dr. David Brown join Healx?
  • [12:09] - What are some mistakes you made and what would you do differently now?
  • [13:10] What should founders keep in mind while selecting investors for their startups?
  • [14:57] Why did you raise series B so quickly after series A? Why did not just raise a larger Series A?
  • [16:41] What adjustments did you have to make and how did you think about operating the company after going from bootstrapping to raising $ 70 million?
  • [20:18] What has been the hardest thing about scaling?
  • [21:46] How do you deal with making decisions in areas where you don’t have experience? And how do you manage the stress?
  • [23:56] What are the future plans for Healx?

Links
Company: Healx

Get alerts on new episodes!

Hear from the fastest growing companies in Europe.

checkmark Got it. You're on the list!