Balthrop is the founding principal of Apalachee Ventures since his retirement as CEO and President of Luminex Corporation in 2014. Balthrop served as the president and chief executive officer of Luminex Corporation (NASDAQ: LMNX) from 2004 to 2014. Luminex is a developer and manufacturer of life science products, with a market-leading position in DNA based testing products used by clinical laboratories worldwide.
Prior to Luminex, Balthrop served as president of Fisher Healthcare, a Fisher Scientific International company, a manufacturer and supplier of products and services principally to the scientific and laboratory markets from 2002 to 2004. Prior to Fisher Scientific International, Mr. Balthrop served in a number of leadership positions for over 20 years with Abbott Laboratories, a global, broad-based health care company. Mr. Balthrop holds an M.B.A. from the Kellogg Graduate School of Management of Northwestern University, and a B.S. in Biology from Spring Hill College.