Gary Crocker, president of Crocker Ventures and chairman and president of Merrimack Pharmaceuticals, for his exceptional and myriad contributions during the past 45 years to the Utah life sciences industry as an entrepreneur, investor, philanthropist and passionate advocate for life-changing research and innovation.
Throughout his career, Crocker has founded, grown and sold several highly successful enterprises, including Research Medical, the nation’s largest open-heart surgery device company, which was acquired by Baxter International Edward’s Life Science division in 1997 for $236 million. In the early 1980s, he served as the primary negotiator of Abbott’s $100 million acquisition of Sorenson Research, a landmark transaction in Utah’s medical device industry. He was a co-founder and director of one of the state’s first pharmaceutical firms, Theratech, which was sold in 1999 to Watson Pharmaceuticals.
More recently, Crocker has held senior executive or chairman level positions in several Utah and national life sciences firms, including chairman of the diagnostics firm ARUP Laboratories and director and investor in Interleuken Genetics, LineaGen and MedDesign Catheters. For the past 14 years he has been chairman and more recently president of Boston-based Merrimack Pharmaceuticals, which received FDA approval for a new pancreatic cancer drug in 2016. He also serves as chairman and primary investor in Utah’s Nexus Spine, an innovator in novel and pain-reducing spinal implants.
In the community, the Crocker Family was instrumental in establishing the Crocker Science Center at the University of Utah. Crocker has also served 26 years as chairman of the Utah Youth Village; director of BioUtah, and as vice-chair of the University of Utah’s Board of Trustees and on the board of the university hospital, as well as a long-time director of the University’s Research Foundation. He was also chairman of the University’s College of Science Advisory Board and has been inducted into the College of Science Hall of Fame.
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