In New Zealand, he is Executive Chairman of InsituGen, which is developing tests to detect performance enhancing drugs in racehorses and humans. Also, he is a director of Upstream Medical Technologies, which is developing biomarker-based tests for rapid and accurate front-line diagnoses of heart disease and associated clinical complications.

He has also previously served as a director of two Pacific Channel portfolio companies that have since been acquired; Somnaceutics and Engender Technologies.

Dr. Pace holds a B.Sc. (Hons I) from the University of New South Wales and a Ph.D. from the Massachusetts Institute of Technology where he was a Fulbright Fellow and General Foods Scholar. He has authored or co-authored over 50 research and review papers plus 24 patents. He has held visiting academic positions at the Massachusetts Institute of Technology and the University of Queensland. Dr. Pace is an elected Fellow of the Australian Academy of Technological Sciences and Engineering. In 2003 he was awarded a Centenary Medal by the Australian Government “for service to Australian society in research and development” and in was named 2011 Director of the Year (corporate governance) by the San Diego Directors Forum.

Dr. Pace was born in Sydney Australia and holds both US and Australian citizenship. He lives in La Jolla, California, USA.