Director, Business Development
Transdermal Specialties Global
Terrence Tormey is the Director of Business Development at TSG. His responsibilities are to adapt the Company’s newest UltraSound products for commercial introductions, partnerships, and strategic alliance transactions.
Terrence received a BS degree at St. Vincent College, with additional studies at The Wharton School (The University of Pennsylvania) and The Fuqua School/Duke Law (Duke University).
Mr. Tormey is a Fellow at The American College of Healthcare Trustees. He has extensive experience in introducing new medical devices, pharmaceuticals, and biotech products to the global markets. He has served several stints as CEO at such firms as Xenon-VR, Inc., The Medical Phone Company (a Division of Publicis, Paris), Kibow Biotech, and Omax Health.
He has launched and or supported dozens of pharmaceuticals, medical devices, and O-T-C healthcare products in the US, and globally, including some of the most iconic medical products (e.g., Aricept®, Cipro®, Imitrex®, Imodium®, Lamictal®, Monistat®, Toprol® XL, Ultram®, Advil®, Tylenol®, Nasacort®, Nicorette®, Primatene®, Refresh®, Replens™, Robitussin® Products, and 60 other products).
At TSG, Mr. Tormey has been instrumental in the introduction of the U-Pen and U-Strip Drug Delivery products. Tormey also has extensive experience in structuring licensing deals with academic tech-transfer offices and major pharmaceutical companies.