Clients in the News: Ivor Royston of Forward Ventures

Biotech and the Billionaire

By Kerry A. Dolan

October 13 , 2008

Habib Fakhrai has a lot of tough jobs at NovaRx: He has to be a manager, do basic research and keep an angel’s son busy.In a lab in northern San Diego, Habib Fakhrai is working on a drug he believes will vastly improve and extend the lives of cancer patients. The molecular biologist, who is founder and president of NovaRx, mixes four different irradiated lung cancer cell lines with some DNA he has constructed, then gives the mixture several electric charges so they bind together.

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