D avid Dean Halbert is the founder, chairman, and CEO of Caris Life Sciences, a pioneer in precision medicine and molecular profiling. A serial entrepreneur, he previously founded AdvancePCS, a pharmacy benefits management company that he grew into a Fortune 250 giant before selling it to Caremark for $7.5 billion in 2004. Motivated by his mother's battle with cancer, Halbert established Caris Life Sciences in 2008 to develop more effective, personalized cancer treatments.
Under his leadership, Caris has developed one of the world's largest and most comprehensive clinico-genomic databases, using AI to improve patient outcomes. Halbert's vision and significant personal investment have positioned the company at the forefront of the biotech industry. He is also a dedicated philanthropist through the Caris Foundation, which supports medical and humanitarian causes globally.
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David Dean Halbert is a prominent American entrepreneur and the founder of Caris Life Sciences. Born in 1956, Halbert grew up with a strong interest in business and technology, eventually earning a Bachelor of Business Administration from Abilene Christian University.
His early career was marked by a fundamental belief that advanced molecular technology could revolutionize the way human diseases are diagnosed and treated—a vision that became the cornerstone of his multi-billion dollar ventures.
David Dean Halbert’s career transition from pharmacy services to high-tech diagnostics is a masterclass in business scaling. In 1987, he founded AdvancePCS, which grew into a leading pharmacy benefits management company. He took the firm public and later sold it to Caremark for $7.5 billion in 2004.
Following this massive exit, Halbert acquired the Molecular Profiling Institute in 2008, which he renamed Caris Life Sciences. Under his leadership as Chairman and CEO, Caris became a leader in precision medicine, utilizing AI and machine learning for early disease detection. By 2024, the company’s annual revenue grew to $412 million.
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Founded AdvancePCS.
Sold AdvancePCS to Caremark for $7.5 billion.
Acquired and expanded the firm that became Caris Life Sciences.
Ranked on the Forbes 400 list of the richest Americans.
David Dean Halbert’s wealth is concentrated in his substantial ownership of the private biotechnology leader Caris Life Sciences and his investment firm, Caris Capital.
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+0.07% | +$1.03M
+0.37% | +$6.54M
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