Ilse Treurnicht, PhD, Chairperson

Ilse Treurnicht has been a member of Triphase’s Board of Directors since 2010.

Most recently, Ilse Treurnicht was CEO of MaRS, a 1.5-million-sq.-ft. innovation hub located in Toronto. MaRS works with partners to catalyze, accelerate, scale and diffuse innovation in the areas of health, energy & environment, finance & commerce, and work & learning. MaRS supports innovators and entrepreneurs building high-impact growth businesses, offering specialized infrastructure as well as access to critical talent, capital and customer networks. Ilse joined MaRS in early 2005 from her role as President & CEO of Primaxis Technology Ventures, a startup-stage venture capital fund focused on the advanced technologies sector. Prior to Primaxis, Ilse was an entrepreneur with senior management roles in a number of emerging technology companies. Ilse holds a DPhil in chemistry from Oxford University, which she attended as a Rhodes scholar.



Mr. Peter Goodhand is President of the Ontario Institute for Cancer Research (OICR) and has been a member of Triphase’s Board of Directors since 2017. OICR is an independent, not-for-profit corporation supporting more than 1,600 investigators, clinician scientists, research staff and trainees located at its headquarters in Toronto and in research institutes and academia across the Province of Ontario.

Mr. Goodhand is also the founding Executive Director of the Global Alliance for Genomics and Health (GA4GH). Prior to joining OICR, he was the President and CEO of the Canadian Cancer Society. Before joining the charitable sector, Goodhand had a 20 year career in the global medical technology industry, including strategic leadership roles with multinational healthcare companies such as American Cyanamid and Johnson & Johnson, and as the founding Managing Director of the Health Technology Exchange (HTX). He is currently Chair of the Board of HTX, Chair of the Steering Committee of the Occupational Cancer Research Center, Co-chair of the Medical and Scientific Advisory board of Global Genes, Board Member of the AGE-WELL NCE, and on the Steering Committee of the Global Genomic Medicine Collaboration (G2MC). He served as Board Chair and President of Canada’s Medical Device Industry association (MEDEC), chaired the Government of Canada’s Expert working group on the future of medical isotope production, and was a member of the Canadian delegation to the UN summit on non-communicable diseases. Goodhand had a 12-year experience as a patient advocate, caregiver and navigator throughout his family’s battle with a rare cancer.


Raphael (Rafi) Hofstein, PhD, Director

Dr. Hofstein is the President of MaRS Innovation (MI) and has been a member of Triphase’s Board of Directors since 2010. MI is a non-profit organization that acts on behalf of its members–15 of Toronto’s top universities, institutions and research institutes, plus the MaRS Discovery District–to bring their most promising research breakthroughs to market.

Dr. Hofstein received his PhD and Master of Science degrees in Life Sciences and Chemistry from the Weizmann Institute of Science in Rehovot, Israel. His Bachelor of Science degree in Chemistry and Physics was attained from the Hebrew University in Jerusalem. Awards received while completing postdoctoral training and research at the Harvard Medical School in Boston in the Departments of Biological Chemistry and Neurobiology include the Hereditary Disease Foundation Fellowship in 1982-83, and the Chaim Weizmann Postdoctoral Fellowship in 1980-82. During the 1980s, he held the roles of Scientific Director of Biotechnological Applications Ltd., and Manager R&D and Chief of Immunochemistry at the International Genetic Scientific Partnership; organizations that were pivotal in the development of Israel’s world-leading biotechnology sector. Dr. Hofstein was Scientific Director of the Israeli office of Ecogen Inc., a subsidiary of Monsanto, for over six years before assuming the role of Vice President, Business Development for Ecogen in Langhorne, Pa. From 1997 to 1999 Dr. Hofstein was President of Mindsense Biosystems Ltd., an Israeli company that develops neuropsychiatric immune assays. From 1999 to the present, he has held the position of President and CEO of Hadasit Ltd., the technology transfer company of the Hadassah Medical Organization in Jerusalem. Later on, Dr. Hofstein joined Medica Ventures, a lead VC in Israel and served for 10 years as the President and CEO of Hadasit, the commercialization company of Hadassah, the largest teaching hospital in Israel. Dr. Hofstein was the founder and served as Chair of Hadasit BioHolding Ltd., a publicly traded holding company (10 startups under management) on the Tel Aviv Stock Exchange (TASE), since 2005. Other directorships held on TASE publicly traded companies include: Bioline RX (drug development); Exalenz (medical devices); and Evogene (agri-bio). He has also served as Chairman of BIOMED, Israel’s annual biomedical conference, from 2005 to 2007. In addition, Dr. Hofstein is a co-founder and board member of ILSI, the Israeli Life Science Industry Organization, and a co-founder and executive in Israel’s Tech Transfer Network (ITTN). Dr. Hofstein is currently member of the board of directors of Life Science Ontario and of Clinical Trials Ontario as well as a member of the Organizing Committee of the Public Policy Forum (part of the Quebec City Conference).


Grant Gibson, CPA, CBV, Chief Financial and Administrative Officer

Grant Gibson is an experienced finance executive with over 20 years of progressive global experience focused on the biotech, pharma and life science industries.  Grant has overall responsibility for all areas of finance and the day-to-day operations of Triphase, including strategic financial planning, audit & accounting, tax, and treasury as well as human resources.

Most recently, Grant was the CFO of Clearstone Central Laboratories – a private global central laboratory business spun-out from MDS Inc. Before joining Clearstone, Grant held senior finance positions with MDS Inc. – a large Canadian public CRO business, and Elan Pharmaceuticals – a global public pharmaceutical company focused on neurodegenerative and autoimmune diseases.  Prior to entering industry, Grant was a valuation expert for Deloitte & Touche in San Francisco, providing valuation consulting services to many leading global pharma/biotech and technology companies. Grant began his career with Ernst & Young and held various positions of increasing responsibility in the firm’s Corporate Finance and Audit & Assurance practice areas in both Canada and the United States. Grant obtained his Honors Business Administration (HBA) degree from the Richard Ivey School of Business at the University of Western Ontario and is a Chartered Professional Accountant (CPA) and Chartered Business Valuator (CBV).