Whether it is by providing laboratory space, moving freight around the world, or creating software to help in the lab, supporting industries make possible much of the science on which we rely.
To honor those who provide products or services vital to the continuing growth and development of the chemical and molecular sciences community, the Science History Institute created the Richard J. Bolte Sr. Award for Supporting Industries in 2006. It took the name of the first winner of the award, the founder and chair of BDP International, and it is presented annually at Heritage Day, our annual celebration of the achievements and promise of the sciences and technologies that shape material culture.
2019 Awardee: Frederick Frank
Frederick Frank, chair of EVOLUTION Life Science Partners, received the 2019 Richard J. Bolte Sr. Award for Supporting Industries on Heritage Day on May 8, 2019.
Frank began his investment banking career at Smith, Barney and Company in 1958, where he attained the positions of co-head of research, vice president, and director. In 1969 he joined Lehman Brothers as a partner and eventually became vice chair. At Lehman Brothers, Frank provided investment banking services to numerous companies in the pharmaceutical, biotechnology, health care services, medical device, and nutraceutical industries, and was involved in hundreds of financings, strategic alliances, and merger and acquisition transactions in the global health care industry. Frank was also vice chair at both Barclays Capital and Peter J. Solomon Company. Before joining EVOLUTION Life Science Partners, Frank was chair of Burrill Securities and vice chair of Burrill and Company.
Frank’s clients included Marion Laboratories, where he led the company’s initial public offering and its acquisition of the pharmaceutical division of Dow Chemical, creating Marion Merrill Dow. Later, with Mary Tanner, Frank represented Marion Merrill Dow in its merger with Hoechst to form Hoechst Marion Roussel.
Frank is a senior adviser to PureTech Ventures, a director at Landec Corporation and former director and current adviser to the board of PDL BioPharma, a director emeritus at the Institute for Systems Biology, a member of the board of the former Life Sciences Foundation, and a past director of the Salk Institute. He has served on advisory boards at Harvard, Yale, and Johns Hopkins Universities and at MIT. He is also a member of the Science History Institute’s Board of Overseers.
Over the years Frank has received several awards, including from the Irvington Institute for Immunological Research, the Weizmann Institute of Science, and the American Liver Foundation. He was selected as one of the Top 100 Living Contributors to Biotechnology by Reed Elsevier.
Frank received an MBA from Stanford University and a BA from Yale University. He is also a chartered financial analyst.
Previous Winners of the Bolte Award
- W. Graham Richards (2018)
- Peter Young (2017)
- Roy Eddleman (2016)
- Abdulaziz Al-Zamil (2015)
- Atsushi Horiba (2014)
- Alan G. Walton (2013)
- G. Steven Burrill (2012)
- Lawrence Evans (2011)
- Berdon Lawrence (2010)
- David and Alice Schwartz (2009)
- Jerry Sudarsky (2008)
- Eugene Garfield (2007)
- Richard J. Bolte Sr. (2006)