Denise Drace-Brownell

Innovation and Commercialization Executive

New York, New York
212.866.8056
denise@drace-brownell.com
Wiki Biography

Product Discovery • New Market Expansion • Risk Management • Business / Corporate Transformation

An innovative driver of economic growth who leverages her proven profit-generating success encompassing multi-business, and multi-functional acumen, to create, develop, and expand new markets profitably.

  • Innovation Potential – Evaluating current and future opportunities to identify untapped innovation potential that will pay dividends through development of high yield, justifiable risk portfolio diversification
  • Market Identification / Expansion – Identifying and building new markets while positioning companies to successfully compete for market share in competitive and/or deteriorating market conditions
  • Creating Paths to Market Entry – Innovating leading-edge product solutions, building barriers to entry, and accelerating time to market to control the brand’s competitive advantage
  • Legal /Commercialization – Promoting business strategy through expert negotiation and risk management, identifying, and building barriers to entry, enabling corporate leaders to accomplish goals with minimal challenges.
  • Management Development – Ensuring business success through the building, expanding, and mentoring of management teams that are aligned with the corporate vision and mission
  • Financial Performance – Rigorously managing financial performance and projections, implementing controls that will drive gross profit and operating margins at the lowest marginal risk
Climate Change and Carbon Dioxide Imperatives
Recommendation

Denise has served as an Advisory Board Member of GenRx Pharmacy Group since September 2021. She has been instrumental in assisting GenRx on identifying pharmacies meeting our investment criteria and executing a methodical and effective acquisition strategy. Her vast knowledge in board governance and legal permutations surrounding business acquisition makes her an invaluable part of our team. As the Founding Director of GenRx, I am proud to call her a partner and would highly recommend anyone considering working with her to do so.

Recommendation

I have been asked to write a recommendation for Denise Drace. I had the pleasure of working with Denise while she was the Compliance Officer for the company, which was named Enserch Environmental at the time.

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Recommendation

My first contact with Denise Drace-Brownell occurred over two years ago when we had met in person at Vision Expo East in New York City. Denise and I had been in contact in various capacities prior to this meeting in regards to new prismatic technology she was developing that will change the landscape of how eye care professionals can recommend treatment options for binocular vision disorder.

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Recommendation

Denise Drace-Brownell was introduced to me in 2012 by Richard Clarke, the former CEO of Akzo Nobel, while I was CEO of Simona AG. Denise had worked at Akzo. Dick reviewed her work closely afterwards. He offered venture funding for her risk management program which was eventually sold to Foster-Wheeler.

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Recommendation

Denise Drace-Brownell found an avenue to resolve a licensing issue with an early stage sepsis diagnostic test, which was very helpful in our firm’s later development of its market approach.

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Recommendation

Superior knowledge is a central part of our competitive strategy. To execute this strategy we are investing aggressively in people, hardware, software and systems to build the knowledge that creates superior value for our clients and differentiates us from the competition.

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Recommendation

Denise Drace and I met over three years ago. At that time, she was beginning her new career as Executive Director of the Northeast Interstate Low-level Radioactive Waste Commission. As a senior policy advisor in the office of New Jersey Governor Thomas H. Kean on matters relating to energy, environment, science and technology, I was appointed alternate commissioner to this same body. Over this period of time I’ve learned, firsthand, of Denise’s many professional talents.

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Recommendation

I have had the pleasure and privilege of working with Denise since moving my environmental practice to New York in the 1980’s, first at Morgan Lewis and now at O’Melveny. We worked together on environmental remediation, regulatory and policy matters both during her tenure at Akzo and Foster Wheeler.

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Breaking The Vision Barrier
How One Woman Invented The Future She Saw For Herself

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ACHIEVEMENTS

Business / Corporate Development & Transformation

  • $1 billion in revenues generated in three years and $1 million in new billings cultivated within seven months through strategizing aggressive marketing and public affairs campaign that reached over 100 million audience within two month period, countered generics drug challenge, and addressed controversial public concerns through media and public affairs programs with key stakeholders. Read Full Story
  • Negotiated an early venture offer, guiding new business endeavors, and designing new corporate sales and marketing plan that resulted in underwriting for a $75 million IPO for a clinical-stage pharma company. Read Full Story
  • Multimillion-dollar bonding status garnered from Wall Street by instigating advanced risk management programs covering risk identification, error reduction, and repeat business facilitation that doubled revenues in six years.

Risk Management & Crisis Control

  • $4.5 million in penalties and denial of access to waste disposal sites avoided by pharmaceuticals, utilities, and other radioactive waste generators, by formulating a legal strategy, focused public affairs/issues management, and lobbying for and securing passage of key legislation. Read Full Story
  • New AI Tool Invented–Co Sold in 18-Mo–Global Risk Management Program Cost Center Turns $400K Profit Read Full Story
  • Solved a public utility’s liability issues tied to a major catastrophe by negotiating and drafting state environmental and energy laws including the “Public Utility Fault Determination Act.”

High-Impact Innovation

  • $30 million licensing MOU reached by identifying and eliminating technical design and prescription failures, invention of a pioneering approach for the design and manufacture of prism lenses, identified a multibillion-dollar market, conceived a business plan, filed multiple patents, lessened risk by diversifying product line, achieved $27.5 million valuation, received funding offer from investors, and developed software applications, and algorithms to treat binocular vision disorder. Read Full Story
  • Guided the premium sale of Enserch Environmental by spearheading the turnaround and deal team composed of 22 lawyers and regulatory staff, physicists, and technical experts.

Technology Product & Patent Opportunity Expansion

  • 95% of the company value earned on sale by escalating the IP portfolio value 10X via negotiation of a technology assignment agreement and filing new strategic patent applications to establish market exclusivity. Read Full Story

Legal /Commercialization

  • Multibillion-dollar HIV diagnostic market penetrated by pinpointing and resolving licensing rights with the National Cancer Institute, FDA, and foreign corporation.
  • Multimillion-dollar long-term contract problems settled with no penalty from an API manufacturer by collaborating with the R&D team and identifying previously unevaluated business risk to the manufacturer, which minimized contract profit expectations for the manufacturer.
  • Multimillion-dollar liabilities avoided through recommendation of acquisition and divesture plans for U.S. holding company.
  • 31% surge in corporate valuation attained by creating the business plan, negotiating multimillion-dollar letters of intent from Japanese and European licensing partners, solving contract issues with 28 domestic and international clinical trial sites within six months, and winning four “unattainable” fixed-price manufacturing processes.

M&As / Restructures / Consolidations / Integrations

  • $20 million branding business opened via development of a methodology for M&A, product rollouts, corporate restructurings, and IP strategy that yielded new business.
  • Ensured a timely corporate asset sale by executing Chapter 11 protection within seven days and avoided penalties to the board; recruited and steered a team tasked with public company closure while mitigating regulatory crises, calming investor panic, and onboarding new management during the process.
  • 50% decrease in costs and exposure from generic product liability claims nurtured by managing integration problems for a newly acquired generic drug company while discouraging new lawsuits.
  • New AI Tool Invented–Co Sold in 18-Mo.

Growth Strategy Planning & Execution

  • $300,000 in new business realized in three months by implementing marketing plans for biotechnology and services companies, professional medical associations, and IT clients including Playtex, Innovex, Discovery Laboratories, and Association for Professionals in Infection Control and Epidemiology.
  • Originated and introduced a new services practice, value proposition, presentation collateral, P&L development, for positioning mergers, acquisitions, reorganizations, and product launches including acquisition assessments for Johnson & Johnson, and GlaxoSmithKline merger.

Market Identification / Expansion

  • Conceived and established a marketing and public affairs program that gained national coverage in The Wall Street Journal and top-tier metropolitan markets, and established organization as an authority in infection control.
  • Reversed potential client loss and countered a generics challenge via creation and execution of a strategic marketing plan and the first program reaching more than 100 million people in less than 60 days through NBC Nightly News, The Today Show, CNN, and the prestigious medical journal, The Lancet.

Resource Analysis / Acquisition / Allocation

  • 47% drop in the cost of goods sold accomplished by detecting process engineering issues and inappropriate cGMP vendor arrangements, then negotiating new manufacturing partnerships, while preparing an API manufacturer for sale.
  • Obtained brand differentiation by applying talent, energy, client engagement, and corporate and personal business acumen that led to inclusion on a select worldwide strategy team.

Strategic Communications / Board & Stakeholder Relations

  • 20% increase in prospective client base achieved by developing and leading the intellectual property (IP) strategic conference sponsored by the Association for Corporate Growth at Yale Club.
  • Earned the small-cap award from Corporate America News for the most innovative IP management solutions from the invention of artificial intelligence tools for determining structure, processes, and strategy.

WORK HISTORY

Click on company below for more information

Private equity and consulting boutique specializing in innovation, profitable growth / exits, and interim c-suite leadership.
Founder
Responsible for the company profile, services, and products. Invented new products and services. Assisted in innovation and monetization of client company products and services. Wrote and executed business plans. Negotiated key manufacturing arrangements. Implemented communications strategies. Negotiated and closed licensing deals.

Innovation & Product Expansion
  • $30 million licensing MOU reached – identified and eliminated technical design and prescription failures, invented a pioneering approach for the design and manufacture of prism lenses, identified a multibillion-dollar market, conceived a business plan, filed multiple patents, lessened risk by diversifying product line, achieved $27.5 million valuation, funding offers from investors, developed software applications, AI, and algorithms to treat binocular vision disorder.
  • Earned Corporate America News Small-Cap Award for most innovative IP management solution for artificial intelligence tools for determining structure, processes, and strategy.
  • Multimillion-dollar long-term contract problems settled with no penalty for an API manufacturer by collaborating with the R&D team and identifying previously unevaluated business risk to the manufacturer, which minimized contract profit expectations for the manufacturer.
  • 95% of the company value earned on sales by escalating the IP portfolio value 10X via negotiation of a technology assignment agreement and filing new strategic patent applications to establish market exclusivity.
Corporate Operations & Restructures
  • 47% drop in the cost of goods sold accomplished by detecting process engineering issues and inappropriate cGMP vendor arrangements, prepared an API manufacturer for sale, and negotiated new manufacturing partnerships.
  • Ensured a timely corporate asset sale by executing Chapter 11 protection within seven days and avoided penalties to the board; recruited and steered a team tasked with public company closure while mitigating regulatory crises, calming investor panic, and onboarding new management.
  • 31% surge in corporate valuation attained by creating the business plan, negotiating multimillion-dollar letters of intent from Japanese and European licensing partners, solving contract issues with 28 domestic and international clinical trial sites within six months, and winning four “unattainable” fixed-price manufacturing processes.
  • Negotiated an early venture offer for underwriting $75 million IPO for a clinical-stage pharma company, guided new business ventures, directed IP and legal strategy, and designed new corporate sales and marketing plan.
  • 20% increase in prospective client base achieved by developing and leading the intellectual property (IP) strategic conference sponsored by the Association for Corporate Growth at Yale Club.
New York, NY

Interpublic Group of Companies, Inc.
The world’s largest advertising and communications services firm with 41,000 employees and $3.1 billion in revenues.
Brand Practice President
Designed a methodology for branding healthcare IPOs and launches. Maintained complete P&L accountability. Established strategic public relations programs for corporate clients.

  • $20 million branding business opened via the development of a methodology for M&A, product rollouts, corporate restructurings, and IP strategy that yielded new business.
  • Originated and introduced a new services practice, value proposition, presentation collateral, P&L development for positioning mergers, acquisitions, reorganizations, and product launches including acquisition assessments for Johnson & Johnson, and GlaxoSmithKline merger.
  • Conceived and established a marketing and public affairs program that gained national coverage in The Wall Street Journal and top-tier metropolitan markets.
  • $300,000 in new business realized in three months by implementing marketing plans for biotechnology and services companies, professional medical associations, and IT clients including Playtex, Innovex, Discovery Laboratories, and Association for Professionals in Infection Control and Epidemiology.
New York, NY

Burson-Marsteller
The largest public relations firm in the world with $275 million in revenue and operations in 81 countries.
Executive Vice President & Managing Director
Strategized and led a premier Fortune 100 company healthcare engagement with marketing, issues management, product positioning, the second-largest account in the firm.

  • $1 billion in revenues generated in three years and $1 million in new billings cultivated within seven months by building stakeholder credibility, and fostering extensive media exposure to transform the brand image.
  • Reversed potential client loss and countered a generics challenge via creation and execution of a strategic marketing plan and the first program reaching more than 100 million people in less than 60 days through numerous outlets, including NBC Nightly News, The Today Show, CNN, and the prestigious medical journal, The Lancet.
  • Obtained brand differentiation by applying talent, energy, client engagement, and corporate and personal business acumen that led to inclusion on a select worldwide strategy team.
New York, NY

Foster Wheeler Corporation | Deloitte & Touche, LLP
An engineering, power facility construction, and remediation unit of the company with multiyear contracts exceeding $1 billion and annual revenues of $200 million.
Vice President of Regulatory Affairs & Joint Venture Director
Created and established a global risk management program. Led the corporate reorganization of compliance and innovated AI compliance tools. Hired and trained employees. Negotiated a joint venture with Deloitte & Touche. Built a profit center. Led the compliance deal team for the sale of the company.

  • Led turnaround and deal team for premium sale of Enserch Environmental (formerly Ebasco) to Foster Wheeler, directing work of 22 lawyers and regulatory staff, including physicists and technical experts.
  • $400,000 in new revenues cultivated by conceptualizing and instituting a global risk management program, including AI systems, in 17 international locations for clients such as Allied Signal and Chevron, which evolved into a profit center within a year.
  • Multimillion-dollar bonding status garnered from Wall Street by instigating advanced risk management programs covering risk identification, error reduction, and repeat business facilitation that doubled revenues in six years.
  • Developed strategies for litigation clients, such as Owens-Illinois, for defending national health and safety class action suits; reengineered corporate law departments.
New York, NY

Akzo Nobel North America
The North American division of a multinational manufacturer of pharmaceuticals (branded and generic), diagnostics, fibers, chemicals, paints, and coatings -$2 billion in revenues, 12,000 employees, 50 plant locations.
Corporate Attorney | Legal Counsel to Board & Executive Officer
Negotiated and completed more than 100 commercial deals. Provided licensing, M&A, and legal counsel to pharmaceuticals (branded and generic), diagnostics, fibers, chemicals, coatings and manufacturing. Strategized complex litigation defenses.

  • Multibillion-dollar HIV diagnostic market penetrated by pinpointing and resolving licensing rights with the National Cancer Institute and the FDA.
  • 50% decrease in costs and exposure from generic product liability claims nurtured by managing integration problems for a newly acquired generic drug company while discouraging new lawsuits.
Princeton, NJ

Northeast Interstate Low-Level Radioactive Waste Commission
Appointed by the governors of New Jersey and Connecticut to head an interstate commission designated to manage and dispose of radioactive waste from inception through successful national initiatives.
Executive Director
Public Spokesperson, established the office, created all strategies and procedures, lobbied, negotiated with the federal government, mitigated volatile radiation concerns.

  • Avoided $4.5 million in penalties and denial of access to waste disposal sites by pharmaceuticals, utilities, and other radioactive waste generators, via formulation of a legal strategy, public/private partnerships, technical documentation, public affairs/issues management, and lobbying for, and securing passage of key legislation.
Trenton, NJ

New Jersey Office of Legislative Services | Office of Administrative Law
The legislative and public policy counsel to New Jersey legislature.
Associate Legislative Counsel for Energy & Environment
Drafted and negotiated vital health laws to solve visible and polarized issues. Wrote and presented speeches to increase issue understanding, hosted press conferences.

  • Solved a public utility’s liability issues tied to a major catastrophe by negotiating and drafting state energy laws including the “Public Utility Fault Determination Act.”
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EDUCATION & PROFESSIONAL DEVELOPMENT

 

Master of Public Health/Engineering, Columbia University Medical Center’s Mailman School of Public Health, 1993.
A portion of program was conducted at the following institutions: Johns Hopkins Bloomberg School of Public Health, Manhattan College Graduate School of Engineering.
Wrote pivotal paper initiating climate change/health impacts program at Columbia.

Juris Doctor, Rutgers University with advanced work at the University of Pennsylvania, 1981.
Attended while employed at the Philadelphia Bulletin Newspaper Company.
Instituted Computer Science and Telecommunications program, University of Illinois.

Bachelor of Science, Advertising, University of Illinois, 1977, Phi Kappa Phi (junior year inductee.)

Optician, New York College of Technology, 2016

New Jersey & Pennsylvania Bar Association, Member

United States Federal District Court, Member

Advisor, MIT, Venture Mentoring Program 2009-2011
Board Member, ZS Genetics, Inc. 2008-2010
Board Member, New York Children’s Vision Coalition 2005-2008
Board Member, University of Illinois – College of Media 1992-2001
National Board Member, Learning Ally 1998-2000

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