by
Sean Ruck, Contributing Editor | December 30, 2015
From the December 2015 issue of HealthCare Business News magazine
Michael E. Phelps, Ph.D., is the Norton Simon Professor, chair of the department of molecular and medical pharmacology, and the director of the Crump Institute for Molecular Imaging at the University of California, Los Angeles (UCLA). Phelps earned Bachelor of Science degrees in chemistry and mathematics at Western Washington State University, and a Ph.D. in chemistry at Washington University. Phelps’ innovations have changed the face of radiology. He invented the PET scanner and, with colleagues, developed a miniaturized pre-clinical PET scanner, microPET. He led a national effort — with the help of the U.S. Congress and the White House, along with medical schools across the United States — to gain U.S. Food and Drug Administration approval and reimbursement for PET molecular imaging diagnostics. His efforts resulted in federal and private insurance coverage for PET in cancer and in Alzheimer’s, Parkinson’s, epilepsy and cardiovascular disease.
Phelps has published 780 peer-reviewed scientific articles and four textbooks. He has been awarded more than $360 million in grants and has received such prestigious awards as the George von Hevesy Prize, the Enrico Fermi Presidential Award presented by President Clinton, the General Motors Cancer Research Kettering Prize and the World Molecular Imaging Society 2012 Gold Medal Award. He chaired the 1983 Nobel Symposium in Stockholm and presented the American College of Physicians keynote address at the 2007 Nobel Symposium. Phelps was one of the three founders and a member of the board of directors of CTI Molecular Imaging (acquired by Siemens in 2005). He is a cofounder and chair of the board of Momentum Biosciences LLC (MoM), a biotech incubator that provides facilities, services and funding for startup and early-stage companies for UCLA and Caltech faculty. He is also one of the founders and the board chair of Sofie Biosciences, an MoM company.
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