Rick Smith
About Rick Smith
Rick Smith President of Techcyte
Rick Smith serves as the President of Techcyte, a company he co-founded. His leadership has been instrumental in shaping the direction and growth of Techcyte since its inception. Smith's strategic vision has been critical in various successful product launches and collaborations. His role ensures the company's alignment with industry standards and pioneering advancements in medical and veterinary diagnostics.
Rick Smith Licensed White Paper on White Blood Cell Classification
Rick Smith is credited with licensing a white paper on white blood cell classification from the University of Utah. This pivotal licensing deal laid the foundational technology for Techcyte, enabling the company to develop advanced diagnostic tools and systems that leverage this classification method. Smith's initiative in this licensing deal demonstrates his ability to recognize and harness valuable intellectual property to fuel innovation.
Co-founding Techcyte and Early Growth
Rick Smith co-founded Techcyte with an idea centered on a new blood cell classification system. Under his co-leadership, the company raised initial funding of $113,000 in 2013. Demonstrating robust growth, Techcyte expanded to 10 employees by 2017. Smith's co-founding tenure is marked by significant milestones that have established Techcyte as a pivotal player in the medical diagnostics industry.
Product Launches and Collaborations
Rick Smith has been actively involved in significant product launches and collaborations. He played a key role in the launch of the Trichrome fecal test with ARUP and the VETSCAN IMAGYST vet fecal testing with Zoetis. Additionally, Smith has been a part of Techcyte's collaboration with Mayo Clinic to develop CP tests and platforms. These initiatives showcase Smith's ability to cultivate partnerships and bring innovative diagnostic solutions to market.
Techcyte's First Profitable Year
Rick Smith's contributions were vital in leading Techcyte to its first profitable year in 2019. His strategic planning and business acumen were key components in achieving this financial milestone. Smith's focus on scaling operations, enhancing product offerings, and fostering strategic partnerships played a central role in driving the company towards profitability.