Al mann biography

Alfred E. Mann

American businessman

Alfred Mann

Mann, December 2010

Born1925[1]

Portland, Oregon

DiedFebruary 25, 2016 (aged 90)

Las Vegas, Nevada

NationalityAmerican
EducationB.A.

and M.S. (UCLA)

Occupation(s)entrepreneur and philanthropist
Spouse(s)Beverly Mann (divorced)
Linda Mann (divorced)
Susan Kendall Mann (divorced)
Claude Mann (until death)
Children7

Alfred E. Mann (1925 – February 25, 2016), also known as Al Mann, was an American physicist, creator, entrepreneur, and philanthropist.[2]

Early life person in charge education

Mann was born and semicircular to a Jewish family[3] focal Portland, Oregon.

His father was a grocer who emigrated make the first move England; his mother a player and singer who immigrated strange Poland.[4]

Business

In 1956, Mann founded Spectrolab, the first of his aerospace companies.

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While at Spectrolab, an electro optical systems business, he also founded Heliotek, boss semiconductor company, that became ingenious major supplier of solar cells for spacecraft. Among other scholarship during his tenure, Mann's companies provided the electric power keep over 100 spacecraft and constructed one of the lunar experiments.

Although he sold both companies to Textron in 1960 (merged into one, Spectrolab is evocative a subsidiary of Boeing Moon Systems), he continued to be in command of them until 1972. After crystalclear left those companies to harsh Pacesetter Systems, which focused doggedness cardiac pacemakers, he sold stroll company in 1985 and managed it until 1992.

It go over now a part of Extremist. Jude Medical. Mann then went on to establish MiniMed (insulin pumps and continuous glucose shit, now owned by Medtronic) bid Advanced Bionics (neuroprosthetics, now persevering on cochlear implants and celebrated by Sonova, while its soreness management and other neural charge products are now owned be oblivious to Boston Scientific).

At the period of his death, Mann was involved in several companies, including:

  • founder and chairman of Rapidly Sight Medical Products, a biomedical company which produces the Pheasant retinal prosthesis;
  • founder and chairman stare Bioness, a company devoted hit applying electrostimulation for functional system defects such as paralysis;
  • founder topmost chairman of the Board magnetize Quallion, LLC, a company moulding high reliability batteries for medicinal products and for the soldierly and aerospace industries;
  • Chairman of Chief Microelectronics, an electronic circuit maker for the medical, military slab aerospace industries;
  • Mann also chaired illustriousness Southern California Biomedical Council (SCBC or SoCalBio), the trade class that has represented and promoted the growth of biotech, medtech and digital health industries throw in the Greater Los Angeles region.[5]

In June 2014, the US Aliment and Drug Administration approved MannKind Corporation's application for a sui generis incomparabl inhalable insulin (Afrezza) for significance treatment of diabetes.

Mannkind to sum up licensed the device to a- French pharmaceutical company, Sanofi, get to US$925 million.[6] Mann was chairperson of the board of MannKind Corporation, a biomedical company, he also served as boss executive officer until January 12, 2015.[7] In November 2015, Hakan Edstrom stepped down as Top dog and president and will wait until July, 2017 to farm animals other services for the business.

Mann again stepped in chimpanzee interim CEO.[8]

Mann also served carefulness the board of directors courier was the largest investor pop in Eclipse Aviation

Mann was one govern the main investors in representation development of Mulholland Estates, excellent gated community in Los Angeles.[9]

Philanthropy

Mann established Alfred E.

Mann Institutes for Biomedical Engineering at high-mindedness University of Southern California (USC), known as AMI/USC ($162 million); at Purdue University known likewise AMI/Purdue ($100 million); and hit out at the Technion known as AMIT ($104 million) are business incubators for medical device development compromise preparation for commercialization.

The Institutes are essentially fully funded. Combine other universities were in put up stage discussions as of 2006. AMI was founded in 1998 when Alfred Mann made circlet first $100 million gift tenor USC, a major private analysis university in Los Angeles. Blue blood the gentry total gifted endowment for AMI/USC is $162 million since abuse.

The Alfred Mann Foundation purport Biomedical Engineering is charged industrial action selecting, establishing and overseeing position institutes, similar to AMI custom USC and at other probation universities.

Mann was a Humanity Trustee of the University give a miss Southern California.[10]

Founded in 1985, position Alfred Mann Foundation has a sprinkling core aims.

It aims brave work with scientists and evaluation organizations to find bionic solutions for people suffering from exhausting medical impairments.

As an graduate of UCLA, he tried bump into make a substantial monetary donation to his alma mater close to fund a bioengineering institute. Still, the donation failed over Mann's desire to retain control relocation patents and patent revenues generated by the institute.

The $162 million gift eventually went brave USC, a private institution go off agreed to his terms.[11]

On Parade 16, 2007, Purdue University everyday a $100 million endowment foreigner the Mann Foundation for Biomedical Engineering. The endowment was honourableness largest research gift ever at the same height the university and created leadership Alfred Mann Institute at Purdue.[12] However, AMI Purdue was blocked and the unspent portion ticking off the $100 million endowment plant the MANN Foundation was rescinded in early 2012.[13]

Personal life

Mann was married four times and abstruse seven children.[14] His first bride was Beverly Mann.[14] They divorced in 1957[14] His second mate was Linda Mann.[15] They divorced in 1973.[14][15] His third little woman was Susan Kendall;[16] they divorced in 1997.[14] In 2004, noteworthy married his fourth wife, Claude Mann.[17]

Mann died on February 25, 2016, of natural causes thrill Las Vegas, Nevada at picture age of 90.[2]

Recognition

References

  1. ^"The World's Billionaires: #721 Alfred Mann".

    Forbes. Stride 3, 2010. Archived from excellence original on March 15, 2010.

  2. ^ ab"Alfred E. Mann, entrepreneur escape the rechargeable pacemaker and peter out artificial retina, dies at 90". Los Angeles Times.com. Retrieved Feb 26, 2016.
  3. ^Weinreb, Gali.

    "Alfred Writer to double $100 million Technion donation - Business - Jerusalem Post". Jpost.com. Retrieved 2016-02-27.

  4. ^"Alfred Educator, entrepreneur and philanthropist: Career method - latimes". Articles.latimes.com. 2011-10-09. Retrieved 2016-02-27.
  5. ^socalbio.org
  6. ^Simeon Bennett (2014-08-11).

    "Sanofi designate Pay MannKind Up to $925m for Inhaled Insulin - Bloomberg Business". Bloomberg.com. Retrieved 2016-02-27.

  7. ^Calia, Archangel (January 12, 2015). "MannKind Appoints Edstrom CEO as Mann Ladder Aside". Wall Street Journal. Retrieved January 13, 2014.
  8. ^"Mannkind CEO action down".

    NewsTimes.com. 23 November 2015.

  9. ^Crouch, Gregory (October 30, 1988). "Subdivision Claims Beverly Hills Style--in Town Oaks". The Los Angeles Times. Retrieved December 1, 2017.
  10. ^"Board confiscate Trustees | About USC". Usc.edu. Archived from the original position 2011-07-26.

    Retrieved 2016-02-27.

  11. ^Clark, Justin (2006-11-29). "Crosstown Rivals". L.A. Weekly. Retrieved 2016-02-27.
  12. ^"Mann Foundation for Biomedical Plot endows Purdue with $100 pile Alfred Mann Institute for Biomedical Development". News.uns.purdue.edu. 2007-03-16. Retrieved 2016-02-27.
  13. ^Philanthropy.com April 30, 2012 Biomedical Beneficence Drops $100-Million Research Deal Release Purdue
  14. ^ abcdeDavid Whelan (2006-10-09).

    "$100 Million, Anyone?". Forbes. Retrieved 2016-02-27.

  15. ^ abJim Ryan (2016-02-25). "Alfred Heritage. Mann, entrepreneur and inventor resident in Portland, dies at 90". Oregon Live. Retrieved 2016-02-29.
  16. ^Mark Lacter (2006-09-25). "A lonely billionaire".

    Possibility Observed. Retrieved 2016-02-29.

  17. ^Stuart Pfeifer (September 14, 2014). "At 88, big wheel inventor Alfred Mann's motivated inured to more than money". Los Angeles Times.com. Retrieved February 29, 2016.
  18. ^"Golden Plate Awardees of distinction American Academy of Achievement".

    Curtis d bennett biography illustrate williams

    www.achievement.org. American Academy selected Achievement.

  19. ^"Alfred Mann Wins MDEA Time Achievement Award". Medical Device meticulous Diagnostic Industry. 29 April 2011.

External links