r. Casey Fox is proof that where you start out going in life may not be where you end up. After leaving home at 17, Fox took on the multiple tasks of working and finishing high school on his own. Now Fox is internationally recognized as a biomedical engineer for his contributions to orthopedics, and owner of BioMedical Enterprises Inc., a San Antonio-based firm that designs, manufactures and distributes orthopedic medical devices worldwide.
In many ways, Fox is living a far different life than he imagined as a Houston teenager who loved racing motorcycles more than cracking books. However, as he notes with a grin, in other ways, his teenage career as a professional motorcycle racer was perfect preparation for later life as a biomedical engineer specializing in orthopedics.
"My nine years racing motorcycles gave me good exposure to orthopedics," says Fox, who endured knee and shoulder injuries as a result of his pursuits. "I also learned plenty about good engineering and machine shop practices during my climb to the pinnacle of racing and building racing motorcycles for others. That all came in handy."
Fox became a professional racer at 16, and while working and finishing high school, he opened his own motorcycle business at 18. By 21, he felt like an old man on the cycling circuit. Armed with a now stale high school diploma, and a hand full of cash from the sale of his business, he entered UT Austin in 1977 to pursue a degree in mechanical engineering.
"From an English, reading, and writing perspective, I was years behind my peers (upon entering UT)," he recalls. "But from an engineering perspective, I was a junior in college."
Thanks to a supportive faculty and the availability of self-paced classes, Fox was able to take his time with the course materials and develop good study skills. Though he was on the dean's list, Fox laments that poor reading skills made every course a challenge.
Fox also found a new two-wheeled passion - bicycle racing. In the late 1970s, bicycle racing was virtually unknown in Austin outside of children racing Schwinns around their neighborhoods. Fox was among an elite group of riders who saw Austin's potential as a world-class bicycle training and racing site.
Fox had a successful racing career, riding with the national team and becoming top ranked in his division. As an assistant coach for the U.S. Olympic Cycling Team and President of the Austin Bicycle Club, he helped bring the U.S. Olympic team training camp to Austin in the early 1980s. All this, he sheepishly acknowledges, caused his grades to drop so much that he was initially rejected for graduate school.
Once again, the engineering faculty came to his aid and with letters of recommendation from the Head Coach of the Olympic Cycling Team, employers, and faculty he was admitted to the master's program. After receiving an M.S. degree in biomedical engineering in 1984, Fox moved to San Antonio to work as a biomedical engineer at the Southwest Research Institute, where he contributed to leading edge biomedical research in noninvasive cardiovascular monitoring. During this time he visited Austin for Sunday rides and became impressed by the raw talent of then unknown young bicyclist Lance Armstrong.
With the encouragement of his employer and the UT engineering faculty, Fox soon found himself back in school - this time holding down a full-time job and commuting 198 miles a day to campus. The key to success, he says, was that UT pre-approved his dissertation topic, a project funded by the research institute to develop an implant system to study osteoporosis and bone healing.
By the time he received a Ph.D. in biomedical engineering in 1990, Fox was exhausted by his hectic schedule and eager to take his research farther than was possible at the research institute. He and his wife Nancy, a corporate accountant whom he met in a chemistry class during his first semester as a UT undergrad, decided the time was right for a change. So they quit their jobs, took a three-month trip to Australia and New Zealand, and came home to start their own company.
BioMedical Enterprises Inc., known as BME, opened in October 1990 to develop, manufacture, and market medical orthopedic devices. The company's signature products are the BoneHOG(tm), a surgical device used to harvest bone tissue for grafting or diagnostic purposes, and the OSStaple(tm), a plate and staple system of memory alloy that stimulates fracture healing through mechanical compression.
Fox has always been BME's chief scientist, product developer, and marketer, aided by consulting orthopedic researchers and an international sales force. His efforts have resulted in 11 patents and over 50 published works. Now, after nearly 11 years in business, Fox is ready to take the business to a new level and is seeking investment capital to expand its manufacturing and marketing capabilities.
"The investment climate is perceived to be awful for dot-coms," he admits, "but fortunately the spotlight has moved to medical devices, and investment capital is five times more available than when our industry was last in favor." Consequently, he has tremendous optimism for success. Not only does BME have a proven track record, it is in a growth industry and holds eight FDA approvals for several new products. Its most important asset, however, may be a CEO who spent his youth juggling work, high school and a career as a professional athlete, and who still has the stamina to ride his bike 30 miles to work, even at the height of a Texas summer.
"If we hadn't had a sound, service-oriented business, we wouldn't have survived this long," he says. "When you've experienced flying over blind jumps at 70 miles per hour you learn to handle risk. I'm fairly used to holding the throttle wide open until the last minute and then executing my plan. In fact, it has always been one of my strengths."
Proof again that where you end up is the result of all of your experiences, even if it's not what you had in mind.