Meet the Team

A founding partner of Upstart Ventures in Salt Lake City, Utah, a Salt Lake City life sciences seed fund. Over the last 24 years, Mr. Farrar has co-founded 13 Salt Lake City-based life sciences companies including Myriad Genetics (Nasdaq, MYGN), a genetic and molecular diagnostics company; Acacia Biosciences, a gene profiling company merged into Rosetta Inpharmatics and acquired by Merck; Sonic Innovations, a digital hearing aid company; Q Therapeutics, a stem cell therapy company; and Sera Prognostics, a preterm birth diagnostics company. He is an attorney who has specialized in corporate law, including representation of health care companies. Mr. Farrar was a partner at the VanCott, Bagley, Cornwall & McCarthy law firm in Salt Lake City, and was previously associated with Debevoise & Plimpton in New York City and McCutcheon, Doyle, Brown & Enersen in San Francisco. He received his law degree from Stanford Law School, where he was an editor of the Law Review, and a B.A. degree in Political Science from Stanford University.

Rai has been instrumental in getting products through the regulatory process working with the FDA, setting up the QMS, and obtaining ISO 13485 and CE registration for medical devices. He has also played the lead role in mapping supply chains from source to point of use while optimizing efficiency and eliminating risk factors. His team was key to launching products from conceptual design to pilot, and then to commercial scale manufacturing. His contribution to onboarding key clients such as GE, Phillips, and Siemens are also noteworthy.

His credentials include graduate study in Business Management, and a Master’s in Materials Science from Arizona State University. He is also certified as a Quality Auditor, Quality Manager, Quality Engineer, and Six Sigma Black Belt from the American Society for Quality. Rai’s has played a key role in many organizations including Intermedics Orthopedics / Sulzermedica, Applied Materials, Dell, DuPont, BLOXR, Edwards Life Sciences, Reckitt Benckiser, Glaxo, Amedica, Lam Research, Intuitive Surgical, and Abbott Spine.

Serves as Financial Controller for the Company.  She concurrently serves as the Corporate Controller for Q Therapeutics, a clinical stage company targeting a treatment of Amyotrophic Lateral Sclerosis (ALS or Lou Gehrig’s disease).  Prior to Q Therapeutics, Ms. Sorensen worked as the Assistant Controller at World Heart, Inc, and Amedica Corporation, both medical device companies, and at NPS Pharmaceuticals.  Ms. Sorensen graduated from Brigham Young University with a Bachelors Degree in Business Management and a Masters in Business Administration from the David Eccles School of Business at the University of Utah.

Eric Kawamoto, Ph.D., serves as Elute’s Principal Development Scientist. He brings over 10 years of experience in life science companies. Prior to Elute, Dr. Kawamoto worked 3 years as a lead scientist at Navigen where he headed the analytical and organic chemistry departments and led the development of novel formulations for extended release of peptide drugs. Prior to that he was a lead chemist at Vestan Imaging, responsible for developing a delivery vehicle for fluorescent drugs targeting tumor cells for fluorescence and PET imaging for treatment of melanoma and breast cancer. Dr. Kawamoto is an adjunct faculty member teaching chemistry, biology, anatomy and pharmacology to undergraduate students. He majored in Chemistry, Biology and Anthropology at the University of Utah and received his Ph.D. from Northwestern University in 2009.

Dr. Blanchard has been a member of the Company’s Board of Directors since May 2013. In April 2020, Dr. Blanchard was appointed as President and Chief Executive Officer of Anika Therapeutics, after serving as interim Chief Executive Officer since February 2020.  Prior to that, she served as President and Chief Executive Officer of Microchips Biotech, Inc., a venture-backed biotechnology company developing regenerative medicine and drug delivery products developed in the MIT laboratory of Dr. Robert Langer., from 2014 until its sale to Daré Bioscience, Inc. in November 2019.    Prior thereto since 2009, she served as Senior Vice President & Chief Scientific Officer of Zimmer, Inc., a large orthopedic implants company based in Warsaw, IN. From 2005 to 2009, Dr. Blanchard served as Sr. VP Research and Development & CSO of Zimmer, and before then since 2000 she held increasingly responsible research and operational posts at Zimmer. From 1986 to 2000, Dr. Blanchard served in several research and senior management roles at Southwest Research Institute in San Antonio, a large contract R&D organization. She has a Ph.D. and M.S. in Materials Science & Engineering from the University of Texas at Austin, and a B.S. in Ceramic Engineering from Alfred University in New York.

Mr. Serbousek joined the Company’s Board in August 2016. He currently serves as the Chief Executive Officer of Corin Group, a global technology-focused orthopaedic company.  Prior to that Jon led Orthofix,a global medical device company focused on musculoskeletal products and therapies as its President, CEO and Director, and until recently as Executive Chairman of the newly merged Orthofix-SeaSpine. His prior roles include, Worldwide Group President of Biomet Orthopedics, Worldwide President of Biomet Biologics, Division President for Medtronic Spine and Biologics, and Vice President of Marketing and Product Development for DePuy Orthopaedics, a Johnson & Johnson company..  He is  a seasoned executive with more than 30 years’ experience in the medical device and biotech industries.   Prior to joining Biomet, he held various general management positions within Medtronic Inc. including Worldwide Division President, Spine, Worldwide Vice President and General Manager of Biologics for their Spine and Biologics business. Additionally, Serbousek spent 13 years with DePuy Orthopedics, a Johnson & Johnson company where he served in numerous roles of increasing responsibility, including the Vice President of Marketing and Product Development and as Vice President of Spinal Operations.   Mr. Serbousek holds a B.S. in Engineering from Washington State University and a Masters of Science degree in Bioengineering from the University of Utah, and later completed several advance management programs including a program at the IMD International School of Management in Lausanne, Switzerland.

Nathan Leon Pace, MD, MStat, is a tenured Professor in the Department of Anesthesiology at the University of Utah, on the faculty since 1976. Educated at the University of California Berkeley (BS, 1967) and the University of California San Francisco (MD, 1970), he completed an anesthesia residency at the University of Washington (1974). He served on active duty in the US Army (1974-1976) teaching anesthesia residents at Brooke Army Medical Center (Ft Sam Houston, TX). His graduate degree in statistics (MStat) was granted by the University of Utah (1998). He provided anesthesia care and taught anesthesia to fellows, residents, interns and medical students for 32 years. Since retiring from clinical practice in 2006 he serves as an applied statistician in his department and for Elute, Inc. He mentors medical students, anesthesia residents, anesthesia fellows, anesthesia faculty, bioengineering students, postdoctoral fellows, and bioengineering faculty in experimental design and statistical modeling. He participates in two international data analysis efforts. He is the Principal Investigator at Utah for participation in the Multicenter Perioperative Outcomes Group (MPOG) Consortium (University of Michigan). This international group of mostly academic medical centers has created a central database of the very granular, intraoperative electronic anesthetic record (currently over 18 million patient records) used for epidemiology studies of anesthesia and intensive care. He is very active as a section editor, editor, statistician, and author in the activities and publications of Cochrane. Cochrane is an international network headquartered in the UK that synthesizes high quality information from published research studies using the methods of systematic reviews and meta-analysis. He has done statistical consultation for startup pharmaceutical and device companies. Additionally, he serves as a statistical editor for anesthesia journals.

Eva serves as Elute’s Research and Development Engineer. Prior to joining full-time, she worked at Elute as a summer intern.  Eva graduated from the University of Utah in 2021 with a bachelor’s degree in biomedical engineering.  In her spare time, she volunteers as a ski patroller at Nordic Valley Ski Resort.

Leslee Ensminger, RN, brings significant experience in all aspects of hospital / OR operations, including managing, coordinating, planning and executing on the myriad interrelated aspects of OR and surgical services operations.  She has served as a charge nurse and OR nurse, assisting in joint replacement surgeries.  She serves as a clinical coordinator, interfacing with research coordinators at the different hospital sites anticipating the needs of the surgical teams and helping compliance with study data collection and management.  She received her RN from Weber State University.

Mary Campos is a highly experienced Administrator.  She joined UpStart Ventures Management in 2009 and has almost three decades of experience in various senior administrative roles, including 14 years with American Express and 5 years with MedQuest, a medical device startup company that was acquired by WorldHeart Corporation.