TESTIMONIALS

"MVM has engaged Ray's services in the review of two separate potential investment opportunities in the diagnostics space and we intend to work with him again on future projects. Ray has broad experience which allows him rapidly to get to the key issues for emerging diagnostic companies. On both of the occasions we worked with Ray his understanding of both strategic and operational risks for a business was impressive and he was a valuable member of the due diligence team. In addition he continued to provide insight after the formal engagement was finished."

Thomas Casdagli
Partner
MVM Life Science Partners, LLP


"I have worked with Blue Ridge Growth Advisors on two occasions - assessing the core value proposition, market opportunities and strategy of a formation stage company and also in evaluating my investment in a pre-revenue diagnostics company. Both times I was very impressed with the breadth and depth of Ray's knowledge of the diagnostics markets as well as his insights into the main drivers of value creation and returns in the industry. Ray is a strategist who combines intricate business analysis with hands-on experience in operating companies at all stages of development with down-to-earth common sense and wisdom. His ability to identify non-obvious opportunities and risks factors is of enormous benefit to any angel investor considering investing in a start-up company."

K. K., Investor
Chicago, Illinois


"When I brought Ray in to consult on the strategy for my newly founded company, I was unclear about the target - the technology has applications in cancer detection, differential diagnosis, prediction of response to drugs, and prognosis of outcomes, as well as potential in neurodegenerative and psychiatric diseases. Floating in this sea of options, I needed to define priorities, assess the fastest routes to market acceptance, and the optimal strategy of market penetration. The session with Ray was very intense and mind-clearing; he helped me think in a structured and focused way. We developed a good plan that can be implemented quickly that I believe will put the company on the map. I will definitely turn to Blue Ridge Growth Advisors for future advice."

Victor Levenson, M.D., Ph.D.
Founder, President and Interim CEO
US Biomarkers Inc.


"I have worked with Ray in his capacity as SVP at TriPath and CEO of Centice. In my experiences, Ray consistently focuses on the three critical roles of a leader: setting the direction, creating alignment and building commitment. He has the unusual ability to hold an accurate assessment of his current reality in tension with a very clear picture of the desired state or goal. Most leaders I work with collapse these two prematurely with inadequate problem solving approaches as they are unable to tolerate the discomfort of "the valley of chaos" often present in change initiatives or true innovation. Ray knows how to navigate the unknown by continuing to assess internal and external environments, challenge and test assumptions, and stay connected with his board and team, while moving forward towards targeted milestones and outcomes. Ray also demonstrates another mark of a true leader: learning agility. He takes the time to reflect on and learn from his experiences, failures as well as successes. His clients will benefit from both."

Carol Connolly Bruce
Senior Faculty, Custom Solutions
Center for Creative Leadership


"Having previously worked together for five years at TriPath Imaging, it was an easy decision to call on Ray for advice when I realized we needed to re-engineer a key aspect of our sales process. Ray’s response was precise and thorough, and quickly enabled us take our sales forecasting and management process to the next level. I highly recommend the services of Blue Ridge Growth Advisors.”

Johnny Powers
Corporate Vice President and General Manager
IDEXX Reference Laboratories


"As founder of a new venture with a promising new medical device technology for breast tumor margin assessment, I was contemplating a number of strategic options for the business. Ray’s advice has been very helpful to frame these choices into an intelligent, easy to assess picture. His perspectives on raising capital and the logical pathway for scale up of the business have been particularly helpful to our business planning. I definitely recommend the advisory services of Blue Ridge Growth Advisors.”

Nimmi Ramanujam, Ph.D.
President and founder, ENDLS Optics;
Associate Professor, Dept. Biomedical Engineering, Duke University


"Ray is one of the most versatile leaders that I have worked with. His experience, drive and intelligence make each encounter productive whether the subject is a complex strategic opportunity or the subtlety of eliminating low yield activities. He gets it.”

Hal Walsh
President Carolina Healthcare Solutions,
former General Manager,
Carolinas Business Unit, Quest Diagnostics


"At TriPath, I found Ray to be an excellent leader with a strong market-driven customer-oriented focus supported with superb communication skills. Ray also has exceptional analytical and financial skills that enable him to effectively manage the bottom line. Since TriPath, Ray’s thoughtful insights have continued to help me manage my career progression and personal growth.”

Jeff Bell
VP National Accounts
Covidien Pharmaceuticals


"Ray Swanson is one of the more effective leaders that I know. His broad business and technical experience, coupled with an innate ability to grasp the important details of a situation without losing the big picture, has enabled him to create significant value in a wide variety of settings. Ray brings a passion and dedication for results to whatever he is doing, whether it’s building a successful company in Japan or commercializing a new hemostasis testing technology. I would work closely with Ray again, and definitely recommend the services of Blue Ridge Growth Advisors.”

Randy Daniel
Executive Vice President
Siemens Healthcare Diagnostics