BNET Industries

Market Cap:$14.2M
Last Fiscal Year Sales:$39.7K
  • Public
  • US
Dow Jones Description

We are a biopharmaceutical company focused on the discovery, development and commercialization of novel drugs in the areas of infectious disease, inflammation and oncology. Using our internal discovery capabilities and our network of pharmaceutical and academic partners, we have assembled a promising pipeline of clinical and preclinical product candidates for the treatment of respiratory tract infections, human immunodeficiency virus, acute respiratory distress syndrome and cancer. We currently have four product candidates that are approved for or currently in clinical development, and seven additional product candidates that are in preclinical development. Our extensive experience in the pharmaceutical industry allows us to identify promising drug candidates early in discovery. Our scientific staff with many years of experience in drug discovery and development leverages our external network of research organizations to develop these new small molecule therapeutics. Advanced Life Sciences has the knowledge and capabilities to accelerate therapeutic agents through development. Advanced Life Sciences operates as a globally networked organization through the following means: - We identify promising leads early in discovery and evaluate its biopharmaceutical properties. - We help to determine its drug potential. - We bring together a team of experienced people in the drug development process...

Number of Employees 30
Contact Information

1440 Davey Rd

Woodridge, Illinois 60517

advancedlifesci...

(630) 739-6744

NAICS Code Biological Product (except Diagnostic) Manufacturing: 325414

Recent Events

  • Skymark Research Initiates Independent Research Coverage On Advanced Life Sciences Holdings, Inc.

    9/16/09 - Bond / Stock Rating - View Story

  • www.standoutstocks.com: Stocks That Standout For 8/11/2009 Are ADLS, SPNG, BEHL, NVSR, LFBG

    8/12/09 - Financial Announcement - View Story

News & Analysis

advanced life sciences holdings inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Michael T. Flavin CEO
John L Flavin President, Chief Financial Officer and Director
Gordon R Bernard Chief of Pulmonary Service and Professor of Medicine at Vanderbilt University School of Medicine
Michael J Cogan Vice President, Chief Accounting Officer
Patrick W. Flavin Chief Legal Counsel
R. Richard Wieland Cfo
Ze-Qi Xu Executive Vice President and Chief Scientific Officer
David A. Eiznhamer Executive Vice President of Clinical Development
Suseelan Pookote Executive Vice President of Corporate Development
Stacy N Suberg Founder
Mark Wainberg Director of Research of the Lady Davis Institute for Medical Research at the Jewish General Hospital
Nicholas J Vogelzang Director of the Nevada Cancer Institute
Robert W Buckheit Director of Infectious Disease and Immunology at Therimmune Research Corporation
Israel Rubinstein Director
Terry W. Osborn Director
Thomas V. Thornton Director

Board of Directors

Name (plus bio) Position
Richard Reck Chair
Rosalie Sagraves Board of Directors
Scott Meadow Board of Directors
Theron E. Odlaug PhD Board of Directors

Michael T. Flavin, Ph.D., Chief Executive Officer and Chairman, founded Advanced Life Sciences, Inc. in 1999. Prior to this date, he was the founder, Chief Executive Officer and Chairman of MediChem Life Sciences, Inc., a drug discovery technology and services company. Dr. Flavin took MediChem from start-up in 1987 through many stages of development including the completion of MediChem's private placement, the acquisition and integration of ThermoGen and Emerald Biostructures as MediChem subsidiaries and MediChem's initial public offering in October 2000. MediChem was acquired in March 2002 by deCODE genetics. Dr. Flavin was the Chief Executive Officer of MediChem, as a subsidiary of deCODE, through May 2002. Dr. Flavin received a B.S. in Chemistry from the University of Notre Dame, a Ph.D. in Medicinal Chemistry from the University of Illinois at Chicago and he completed a postdoctoral fellowship at Harvard University. Dr. Flavin is an Adjunct Professor for the Department of Medicinal Chemistry & Pharmacognosy at the University of Illinois at Chicago.

Organization Position Status
Advanced Life Sciences Holdings, Inc. CEO Current
Itda Founder, CEO, and Chairman of Advanced Life Sciences Current
Advanced Life Sciences Holdings, Inc. Founder Current
University of Illinois at Chicago Adjunct Professor Current
Advanced Life Sciences Holdings, Inc. Chairman Current
Itda Board of Directors Current
ThermoGen, Inc. Chief Executive Officer Former
MediChem Life Sciences, Inc. Chief Executive Officer Former
MediChem Life Sciences, Inc. Chief Operating Officer Former
MediChem Life Sciences, Inc. Founder Former
MediChem Life Sciences, Inc. Chairman Former
MediChem Life Sciences, Inc. Director Former
University of Illinois at Chicago Ph.D. in Medicinal Chemistry Former
Lewis University M.B.A. Former
University of Notre Dame B.S. in Chemistry Former
Marquette University B.S. In Business Administration Former
Lewis University B.S. In Business Administration Former

Organization Position Status
Flavin Ventures President and Director Current
Advanced Life Sciences Holdings, Inc. President, Chief Financial Officer and Director Current
Advanced Life Sciences Holdings, Inc. Board of Directors Current
ThermoGen, Inc. Chief Executive Officer Former
Flavin Ventures Executive Vice President and Chief Financial Officer Former
MediChem Life Sciences, Inc. Chief Operating Officer Former
Flavin Ventures Board of Directors Former
MediChem Life Sciences, Inc. Director Former
Lewis University M.B.A. Former
Lewis University B.S. In Business Administration Former
Marquette University B.S. In Business Administration Former

Gordon R. Bernard, M.D., is Chief of Pulmonary Service and Professor of Medicine at Vanderbilt University School of Medicine. In addition, he is Medical Director for the Institutional Review Board. Dr. Bernard is a leader in the area of cardiopulmonary medicine and sepsis research and he has published more than 100 peer-reviewed articles on these topics. He chairs the Steering Committee for NHLBI Acute Respiratory Distress Syndrome Clinical Trials Network. Dr. Bernard received his M.D. degree from Louisiana State University. He serves on the editorial boards of Clinical Intensive Care, Journal of Critical Care and Sepsis.

Organization Position Status
Vanderbilt University School of Medicine Chief of Pulmonary Service Current
Advanced Life Sciences Holdings, Inc. Chief of Pulmonary Service and Professor of Medicine at Vanderbilt University School of Medicine Current
Cumberland Pharmaceuticals, Inc. Senior Vice President and Medical Director Current
The Cumberland Senior Vice President Current
Vanderbilt University School of Medicine Professor of Medicine Current
Vanderbilt University Professor Former
Louisiana State University M.D. Degree Former
Vanderbilt University M.D. Former
University of Southwestern Louisiana B.S. Former

Michael J. Cogan, Vice President and Controller, joined us in October 2004 as our Director of Finance and Controller. From 2003 to 2004 Mr. Cogan served as the Corporate Controller for the PRIMIS Marketing Group, a venture backed direct marketing firm located in Chicago, IL. From 1996 to 2003 Mr. Cogan served as the Corporate Controller for MediChem Life Sciences where he directed the accounting and finance functions through several rounds of private financing, an initial public offering and multiple acquisition transactions. Mr. Cogan earned his C.P.A. after graduating from the University of Illinois with a B.S. in accounting and a B.S. in Finance. He also holds an M.B.A. from DePaul University.

Organization Position Status
Advanced Life Sciences Holdings, Inc. Vice President, Chief Accounting Officer Current
Advanced Life Sciences Holdings, Inc. Vice President and Controller Former
MediChem Life Sciences, Inc. Corporate Controller Former
Primis Marketing Group, Inc Corporate Controller Former
DePaul University M.B.A. Former
University of Illinois B.S. In Finance Former

Patrick W. Flavin, J.D., Chief Legal Counsel, joined us in November 2002 as legal counsel. He was promoted to Chief Legal Counsel in 2004. Prior to joining us, Mr. Flavin served as a counsel to the Illinois Speaker of the House from January 2002 to November 2002. Prior to this position, he was the Director of Legal Affairs for MediChem Life Sciences from May 2000 to September 2001, where he managed the in-house legal staff and outside legal counsel. Mr. Flavin obtained his B.A. from Providence College and received his J.D. from DePaul University College of Law. Mr. Flavin is the brother of Michael T. Flavin, Ph.D. and John L. Flavin.

Organization Position Status
Advanced Life Sciences Holdings, Inc. Chief Legal Counsel Current
MediChem Life Sciences, Inc. Director of Legal Affairs Former
Advanced Life Sciences Holdings, Inc. Legal Counsel Former
DePaul University J.D. Former
DePaul University College of Law J.D. Former
Providence College B.A. Former

Organization Position Status
Cytochroma Chief Financial Officer Current
Advanced Life Sciences Holdings, Inc. Cfo Current
Advanced Life Sciences Holdings, Inc. Executive Vice President Current
MediChem Life Sciences, Inc. Chief Financial Officer Former
Washington University M.B.A. Former
Monmouth College B.A. In Accounting and Economics Former

Ze-Qi Xu, Ph.D., Chief Scientific Officer, joined us in October 2002 from MediChem Life Sciences, Inc. From January 2000 until September 2002, Dr. Xu was the Vice President of Strategic Drug Development at MediChem and oversaw the discovery, preclinical and clinical development of Calanolide A as well as the preclinical development of ALS-886 and ALS-357. Dr. Xu has published 52 articles and holds 19 patents in the fields of infectious disease and cancer. Dr. Xu earned a B.S. degree in Chemistry from Jiangxi Normal University (China), a M.S. degree in Organic Chemistry from Shanghai Medical University and a Ph.D. in Organic Chemistry from the Shanghai Institute of Organic Chemistry. He performed his postdoctoral fellowships at Clemson University and the Michigan Cancer Foundation.

Organization Position Status
Advanced Life Sciences Holdings, Inc. Executive Vice President and Chief Scientific Officer Current
Shanghai Medical University M.S. Degree In Organic Chemistry Former

David A. Eiznhamer, Ph.D., Executive Vice President of Clinical Development, joined us as Director of Biological Sciences in 2003 from MediChem Life Sciences, Inc., where he was the Assistant Director of Pharmacology and ADME from January 2002 to May 2003. Dr. Eiznhamer was promoted to Vice President of Biological Sciences in May 2004. In his role at MediChem, Dr. Eiznhamer was responsible for the design and development of pharmacology and ADME research programs. Prior to that, he served as the Manager of Regulatory Affairs for MediChem Life Sciences from December 1999 to January 2002. Dr. Eiznhamer also worked as a clinical coordinator for the Division of Gastroenterology at Loyola University Medical Center in Maywood, Illinois. He has authored seven publications and made 19 presentations at national and international meetings. Dr. Eiznhamer received his Ph.D. in Molecular Biology from Loyola University of Chicago.

Organization Position Status
Advanced Life Sciences Holdings, Inc. Executive Vice President of Clinical Development Current
MediChem Life Sciences, Inc. Manager Former
Advanced Life Sciences Holdings, Inc. Director Former
Loyola University Chicago Ph.D. In Molecular Biology Former

Suseelan Pookote, Ph.D., Executive Vice President of Corporate Development, joined us in March 2001. Prior to joining us, Dr. Pookote worked at Monsanto from 1980 to 2000, where he had responsibility for technology and business development in a variety of industry segments such as food, nutrition, biotechnology and specialty chemicals. At Monsanto, Dr. Pookote concentrated on technology evaluation, licensing and corporate transactions, including the negotiation of technology licensing deals with academic institutions. Dr. Pookote received his Ph.D. in Chemical Engineering from Northwestern University.

Organization Position Status
Advanced Life Sciences Holdings, Inc. Executive Vice President of Corporate Development Current
Monsanto Company Former
Northwestern University Ph.D. In Chemical Engineering Former

Organization Position Status
Fda.Com Former
University of California, Davis Ph.D. In Physiology Former

Organization Position Status
Advanced Life Sciences Holdings, Inc. Director of Research of the Lady Davis Institute for Medical Research at the Jewish General Hospital Current
Supratek Pharma Inc Research Director of the Jewish General Hospital Current
Heal Toronto Health Education Aids Liaison, Toronto Current
Hiv/Aids Scientist Current
McGill University Professor of Medicine Current
Retrovirology Associate Editor, Director of the Mcgill University Aids Centre, Mcgill University Current
Supratek Pharma Inc Board of Directors Current
McGill University Director of the McGill AIDS Centre and Professor Former
Columbia University Ph.D. Degree Former
McGill University B.S. Degree Former

Nicholas Volgelzang was appointed director of Nevada Cancer Institute (NVCI) in January of 2004. In January 2008, he was appointed executive vice president for Academic Affairs. As Director, Dr. Vogelzang is responsible for setting the direction for NVCI's research programs in clinical, basic and population science. In addition, he recruits the medical researchers and leaders for NVCI. He has authored more than 275 peer-reviewed papers, 16 internet publications, 71 reviews, 62 book chapters, 10 books/journal issues and 381 abstracts & letters. Prior to joining NVCI, Dr. Vogelzang served as the director of the University of Chicago Cancer Research Center. Dr. Vogelzang has served on numerous committees of the American Society of Clinical Oncology, as well as on its board of directors from 1993 to 1996. He is a former president of the Illinois Division of the American Cancer Society. Dr. Vogelzang was the principal investigator at the University of Chicago for Cancer and Leukemia Group B (CALGB) from 1988 to 1999, chair of the CALGB Prostate Committee from 1993 to 1999 and principal investigator of the University of Chicago Cancer Center Support Grant. He is a member of many societies, including the American Association for Cancer Research, the American Society of Clinical Oncology, the American Urological Association, the Kidney Cancer Association, the Society of Urologic Oncology and the European Society for Medical Oncology. In August 2006, he was elected chair of the board of directors of the Mesothelioma Applied Research Foundation (MARF). Dr. Vogelzang has served on the Editorial Boards of Cancer, Cancer Research, Clinical Genitourinary Cancer, The Prostate Journal, Seminars in Oncology and the Journal of Clinical Oncology, and is a reviewer for numerous other journals. He is the author of nearly 435 scientific publications (including peer-reviewed papers, internet publications, reviews, book chapters and books and journal issues), over 381 abstracts and letters, and has given over 350 scientific lectures. As a survivor of Hodgkin's disease, he is a sought-after public speaker. He is the lead editor of the Comprehensive Textbook of Genitourinary Oncology, third edition, which was published in 2005. Dr. Vogelzang is a recognized expert in new therapies for patients with metastatic kidney cancer, including genetic therapy. Dr. Vogelzang received his M.D. degree from the University of Illinois at Chicago in 1974. He completed his internship, residency and chief residency in internal medicine at Rush-Presbyterian-St. Luke's Medical Center in Chicago, followed by his fellowship in medical oncology at the University of Minnesota in Minneapolis. He served as a faculty member at the University of Chicago from 1982 - 2003 and is currently a professor of medicine at the University of Nevada School of Medicine.

Organization Position Status
Nevada Cancer Institute Director, Nevada Cancer Institute, Executive Vice President for Academic Affairs Current
Advanced Life Sciences Holdings, Inc. Director of the Nevada Cancer Institute Current
Cancer Research Reviewer Current
The Prostate Reviewer Current
University of Nevada School of Medicine Prof of Medicine Current
Mesothelioma Navy Current
Nexcura, Inc. Board of Directors Current
Newdevelopments.Com Board of Directors Current
Nevada Cancer Institute Director Current
Lilly Research Laboratories Former
Abbott Laboratories Former
Nvci Former
Seminars Board of Directors Former
Cancer Research Board of Directors Former
The University of Chicago Cancer Research Center Director Former
University of Illinois at Chicago M.D. Former

Organization Position Status
Advanced Life Sciences Holdings, Inc. Director of Infectious Disease and Immunology at Therimmune Research Corporation Current
Duke University Ph.D. In Microbiology and Immunology Former

Array

Organization Position Status
Business Strategy Advisors LLC President Current
Swift Impressions Current
Advanced Life Sciences Holdings, Inc. Chair Current
Liquidgeneration, Inc. Chairman Current
Illinois CPA Society Board of Directors Current
Business Strategy Advisors LLC Board of Directors Current
Advanced Life Sciences Holdings, Inc. Director Current
Illinois Coalition Board Member Current
Sivox Technologies, Inc. Director Current
Interactive Intelligence, Inc. Board of Directors Current
Merge Technologies Incorporated Board of Directors Current
Merge Teleradiology Director Current
American Institute of Certified Public Accountants Member Current
Technology Executives Club, Ltd. Member Current
Illinois CPA Society Member Current
KPMG International partner Former
University of Michigan MBA Former
DePauw University Bachelor of Arts Degree In Mathematics Former

Israel Rubinstein, M.D., Director, joined our board of directors in May 2001. Dr. Rubinstein is Professor of Medicine and Biopharmaceutical Sciences in the Colleges of Medicine and Pharmacy at the University of Illinois at Chicago, where he has worked since 1993. Dr. Rubinstein is a leading physician and research scientist in respiratory medicine and oncology. He has served on the Editorial Boards of several medical journals and is grant reviewer for the NIH. Dr. Rubinstein received an M.D. degree from Hebrew University-Hadassah School of Medicine and completed fellowships in Respirology at the University of Toronto and in Cardiovascular Research at the University of California San Francisco.

Organization Position Status
University of Illinois at Chicago Professor of Medicine Current
Advanced Life Sciences Holdings, Inc. Director Current
Dove Press Limited Ltd. Board of Directors Current
University of California, San Francisco Former
Editorial, LLC Board of Directors Former
Hebrew University of Jerusalem M.D. Degree Former
University of Toronto Former

Dr. Rosalie Sagraves is a professor of pharmacy practice at the University of Illinois at Chicago College of Pharmacy, a position she has held since 1995 and where she served as dean of the College from 1995 to 2006. Her areas of educational/research interest include pediatric critical care and pharmacotherapeutics, maternal-child health, and women’s health. She has authored more than 90 journal articles and book chapters. She is a speaker on pediatric pharmacotherapy and women’s health. She has served as Council of Deans chair for the American Association of Colleges of Pharmacy (AACP) and as a member of AACP board of directors, and as a member of the American Pharmacists Association (APhA, formerly the American Pharmaceutical Association) board of trustees. She has served as president of the APhA Academy of Pharmaceutical Research and Science and as associate editor and member of the editorial board of Pharmacy Today. She served as a column editor for the Journal of Pediatric Health Care. She is a fellow of APhA and of the American College of Clinical Pharmacy. She has had ongoing involvement with the Sister to Sister Foundation and its various national campaigns to advance women’s heart health. She served as a member of the National Institutes of Health Office of Research on Women’s Health (ORWH) advisory board and its Women’s Health Task Force, Research for the 21st Century. She continues to serve ORWH as a member of its Specialized Centers of Research External Advisory Committee. She has received awards for outstanding teaching and leadership. She attended Miami University and later graduated from The Ohio State University and the Philadelphia College of Pharmacy and Science (University of the Sciences in Philadelphia).

Organization Position Status
Advanced Life Sciences Holdings, Inc. Board of Directors Current
Apha Fellow Current
University of the Sciences in Philadelphia Former
The Ohio State University Former
Miami University Former

Organization Position Status
The Edgewater Funds Partner Current
Edgewater Growth Capital Partners Associate Partner Current
Sigvion Capital Advisor Current
University of Chicago Graduate School of Business Clinical Professor Current
Sigvion Capital Board of Directors Current
NES Rentals Holdings, Inc. Board of Directors Current
Advanced Life Sciences Holdings, Inc. Board of Directors Current
The Sports Authority, Inc. Investor Current
HealthSouth Corporation Investor Current
Staples, Inc. Investor Current
CompUSA Inc. Investor Current
University of Chicago M.B.A. Director Former
Harvard Business School M.B.A. Former
Harvard College BA Former

Organization Position Status
Wafergen Chief Operating Officer Current
Nichols Institute Vice President Current
Nichols Institute General Manager Current
Wafergen Consultant Current
University of Illinois at Chicago Professor Current
Advanced Life Sciences Holdings, Inc. Director Current
Gene Express, Inc CEO Former
Gene Express, Inc President Former
Hebrew University of Jerusalem M.D. Degree Former
Pepperdine University M.B.A. Former
University of Toronto Former

Organization Position Status
CyDex Pharmaceuticals, Inc. President & Chief Executive Officer Current
Cydex, Inc. President and Chief Operating Officer Current
CyDex Pharmaceuticals, Inc. Chief Operating Officer Current
Advanced Life Sciences Holdings, Inc. Board of Directors Current
University of Minnesota Ph.D., Public Health Former
University of Missouri M.S., Biology Former
University of Missouri B.S., Biology Former
University of Minnesota B.S. Former

Thomas V. Thornton, Director, joined our board of directors in June 2001. Mr. Thornton is a successful early-stage venture capital investor and recognized leader in the development of public/ private technology development initiatives. From July 2001 to March 2002, Mr. Thornton was the Senior Vice President-Midwest Region for Convergent Technology Group, a mergers and acquisitions advisory services firm. From October 1999 to May 2001, Mr. Thornton was the Managing Partner for divine interVentures, Inc., a service and software company, and led seed- and early-stage venture investing teams that managed over $120 million and contributed to divine interVenture's initial public offering. Presently, Mr. Thornton is the president of the Illinois Technology Development Alliance, a public/private partnership established to strengthen Illinois' economy through science and technology. Mr. Thornton received a B.A. degree from the University of Wisconsin-Madison.

Organization Position Status
University of Wisconsin-Madison B.A. Degree Former
Interventures, LLC Managing Partner Former

Executive News

  • Advanced Life Sciences' Restanza Demonstrates Efficacy in Treating Anthrax Infection

    Pharma Live - 9/02/09 - View Story

  • Advanced Life Sciences to Present at 11th Annual Rodman and Renshaw Healthcare Conference

    Pharma Live - 9/01/09 - View Story

  • Advanced Life Sciences to Present at 11th Annual Rodman and Renshaw Healthcare Conference

    PR Newswire - 9/01/09 - View Story

  • Advanced Life Sciences' Restanza Demonstrates Efficacy in Treating Anthrax Infection

    PR Newswire - 8/31/09 - View Story

  • Nicholas Vogelzang, MD, Joins US Oncology Research Network via Comprehensive Cancer...

    Reuters - 8/12/09 - View Story

  • Nicholas Vogelzang, MD, Joins US Oncology Research Network via Comprehensive Cancer Centers of Nevada

    PR Newswire via Yahoo! - 8/12/09 - View Story

  • www.standoutstocks.com: Stocks That Standout For 8/11/2009 Are ADLS, SPNG, BEHL, NVSR, LFBG

    TradingMarkets - 8/12/09 - View Story

  • Advanced Life Sciences Holdings, Inc. (ADLS) Announces Second Quarter 2009 Financial Results and Financial Outlook

    BioSpace - 8/11/09 - View Story

  • Advanced Life Sciences Announces Second Quarter 2009 Financial Results and Financial Outlook

    PR Newswire via Yahoo! - 8/11/09 - View Story

  • Advanced Life Sciences Receives Complete Response Letter From FDA for Restanza (Cethromycin) in Community Acquired Pneumonia

    Pharma Live - 8/06/09 - View Story

  • Advanced Life Sciences to Host 2009 Second Quarter Financial Results Conference Call and Webcast

    PR Newswire - 8/05/09 - View Story

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     ADLS $0.24 +0.01 (2.61% )
Average Volume 1,419,770
Shares Outstanding 59.21M
Market Cap 14.0M
Year High 1.62
Year Low 0.142
Earnings Per Share -0.56
P/E Ratio -0.42
Dividend N/A
Yield N/A
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