BCBusiness

April 2017 30 Under 30

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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MARTIN DEE/ UBC COMMUNICATIONS AND MARKETING APRIL 2017 BCBUSINESS 17 T H E M O N T H LY I N F O R M E R tmı "We've got a couple of jokes in the chamber network. One is that the network is maybe stale, male and pale" –p.23 A P R I L 2 0 17 INSIDE Burning rubber in Oliver ... Ferries' future ... Politicians' promises ... Chamber remade ... + more LAB WORK Andre Marziali holds a prototype of the cartridge his firm's OnTarget device uses to process blood samples O ne day in September 2014, Andre Marziali gathered his team of 23 scientists in the lunch room of Boreal Genomics Inc. The director of engineering phys- ics at UBC had co-founded the campus-based company, which was working on a technolo‚y for early cancer detection. Marziali had bad news: he needed to shrink the team, and about half of them would lose their jobs. "It was pain and shock for a lot of people, but the †rst thing that happened is one of the people got up and gave me a hug," he recalls. Somebody wrote "Boreal Class of 2014" on a whiteboard, and one by one everyone signed their name. The message is still there. For three years, Boreal had tried a more aggressive approach to growth. In June 2011, Boreal's board hired a new CEO, Nitin Sood, who had extensive experi- ence in bringing new products to market. Sood was based in Silicon Valley, so Boreal opened an o"ce and soon a lab there. The company had recently commercialized a machine called Aurora that Marziali, David Broemeling and Joel Pel had invented in the two former UBC students' basement suite. About the size of a counter- top bread-maker, the device uses rotating electric †elds to separate a DNA sequence from contaminants like soil. But as the new o"ce opened, Go Big and Come Home Biotech company Boreal Genomics took a chance on Silicon Valley–but staying in Vancouver turned out to be a better plan by Marcie Good STARTUPS "I get that culture down there—you spend a lot of money, grow the company, make it super visible and hope that someone comes and invests large amounts of money. " – Andre Marziali

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