BNET Industries

Market Cap:$405.0M
Last Fiscal Year Sales:$410.2M
  • Public
  • US
Dow Jones Description

Affymetrix GeneChip® microarray technology is the industry-standard tool for analyzing complex genetic information. After inventing microarray technology in the late 1980s, Affymetrix scientists have been dedicated to developing innovative products that provide researchers with a more complete view of the genome. These products continue to accelerate genetic research. They enable scientists to develop diagnostics which may support the tailoring of treatments for patients by identifying and measuring the genetic information associated with complex diseases. Today, Affymetrix technology is used by the world?s top pharmaceutical, diagnostic and biotechnology companies, as well as leading academic, government and not-for-profit research institutes. More than 1,800 systems have been shipped around the world and more than 17,000 peer-reviewed papers have been published using the technology. Affymetrix is headquartered in Santa Clara, Calif., and has manufacturing facilities in Cleveland, Ohio, and Singapore. The company has about 1,100 employees worldwide and maintains sales and distribution operations across Europe and Asia.

Chief Executive Officer
Stephen P.A. Fodor PhD
Number of Employees 1,100
Contact Information

3420 Central Expy

Santa Clara, California 95051

www.affymetrix....

(408) 731-5000

NAICS Code Semiconductor and Related Device Manufacturing: 334413

Recent Events

  • Affymetrix Appoints Andrew Last to Chief Commercial Officer

    12/07/09 - Mgmt. Change Entering - Other - View Story

  • Reportlinker Adds Biotechnology Reagents - A Global Market Perspective

    11/18/09 - Merger / Acquisition - View Story

  • Analyst Upgrades for November 4th

    11/04/09 - Bond / Stock Rating - View Story

  • StockProfiler.US: Stock Watch: AFFX, MENT, BTUI

    10/27/09 - Licensing / Contract - View Story

  • Affymetrix tumbles on 3Q miss and 4Q revenue view

    10/22/09 - Bond / Stock Rating - View Story

  • Affymetrix Reports Third Quarter 2009 Results

    10/21/09 - Joint Venture / Alliance - View Story

  • AT&T, Goodrich Rise; eBay, JetBlue Fall

    10/23/09 - Financial Announcement - View Story

  • Reportlinker Adds DNA Sequencing Equipment and Services Markets, 2nd Edition Report

    9/24/09 - Legal Settlement - View Story

  • Five Reasons to Invest in Affymetrix

    7/20/09 - New Investment - View Story

  • Affymetrix Reports Second Quarter 2009 Results

    7/22/09 - Financial Announcement - View Story

News & Analysis

affymetrix and agreement - All News and Analysis

Decision Makers

Name (plus bio) Position
Stephen P.A. Fodor PhD Chief Executive Officer
Mark C. Solakian Chief Corporate Counsel
Trevor J. Nicholls Chief Commercial Officer, Commercial Operations
Barbara Caufield Executive Vice President
Barbara Caulfield General Counsel & Executive Vice President
Allen Dance Senior Vice President, Corp Marketing
Thane Kreiner Senior Vice President, Sales & Marketing
Doug Farrell Vice President, Investor Relations
Greg Yap Vice President, Product
Anne Bowdidge Director, Global Public Relations
Wes Conard Assoc Director, Public Relations
Andrew Noble Manager, Public Relations
Melissa Cline
Michael Rabaca Senior Financial Analyst
Richard P. Rava Head, Project Management
John A. Young Director

Board of Directors

Name (plus bio) Position
David B. Singer Board of Directors
Gary S. Guthart Board of Directors
Paul Berg Board of Directors
Robert H. Trice Board of Directors
Susan D. Desmond Hellmann Board of Directors
Susan E. Siegel Board of Directors

Dr. Fodor is one of the founders of Perlegen and has served as chairman of Perlegen's Board of Directors since the company's inception. He is also Founder, Chairman, and Chief Executive Officer of Affymetrix, Inc. Dr. Fodor previously held positions at the Affymax Research Institute from 1989 to 1992, where he spearheaded the effort to develop high-density arrays of biological compounds. Dr. Fodor and colleagues were the first to develop and describe microarray technologies and combinatorial chemistry synthesis, today known as GeneChip brand technology, for which they received the AAAS 1992 Newcomb Cleveland Award. In 2002, Dr. Fodor earned the prestigious Takeda Foundation Award for his accomplishments in science, as well as The Economist Innovation Award for Nanotechnology and the Oxford Bioscience Award. Dr. Fodor also serves on the Board of Directors of Sunesis Pharmaceuticals, Inc., and on the Board of Trustees of the Carnegie Institute of Washington. He received his B.S. in biology and M.S. in biochemistry from Washington State University and his Ph.D. in chemistry from Princeton University. Dr. Fodor was a National Institutes of Health postdoctoral fellow at The University of California, Berkeley.

Organization Position Status
Affymetrix, Inc. Chief Executive Officer Current
Affymetrix, Inc. Founder Current
Sunesis Pharmaceuticals, Inc. Founder Current
Perlegen Sciences, Inc. Chairman of the Board & Co-Founder Current
Affymetrix, Inc. Chairman Current
Sunesis Pharmaceuticals, Inc. Board of Directors Former
Princeton University Ph.D. In Chemistry Former
Princeton University M.A. Former
Washington State University M.S. In Biochemistry Former
Princeton University B.S. In Biology Former
Washington State University B.S. In Biology Former

Organization Position Status
Affymetrix, Inc. Chief Corporate Counsel Current

Organization Position Status
Affymetrix, Inc. Chief Commercial Officer, Commercial Operations Current

Barbara is Executive Vice President and General Counsel of Affymetrix, Inc. Ms. Caulfield served as United States District Judge for the Northern District of California from 1991 until 1994. While in private practice, Ms. Caulfield represented such companies as Microsoft, Hoffmann-La Roche, Apple Computer and Affymetrix. Prior to her tenure on the U.S. District Court, Ms. Caulfield was a trial lawyer in California and a Professor of Law at the University of California, Hastings Law School. Ms. Caulfield has tried cases since 1972. Barbara Caufield is on the Advisory Board for The Sedona Conference.

Organization Position Status
Affymetrix, Inc. Executive Vice President Current
Affymetrix, Inc. General Counsel Current
The Sedona Conference Board of Directors Current

Organization Position Status
Affymetrix, Inc. General Counsel & Executive Vice President Current
College of Labor and Employment Lawyers Fellow Former
Washington State Court of Appeals Former
Supreme Court of the United States Former

Organization Position Status
Affymetrix, Inc. Senior Vice President, Corp Marketing Current

Organization Position Status
Affymetrix, Inc. Senior Vice President, Sales & Marketing Current

Organization Position Status
Affymetrix, Inc. Vice President, Investor Relations Current

Organization Position Status
Affymetrix, Inc. Vice President, Product Current

Organization Position Status
Affymetrix, Inc. Director, Global Public Relations Current
Affymetrix, Inc. Director, Global Public Relations Former

Organization Position Status
Affymetrix, Inc. Assoc Director, Public Relations Current
Affymetrix, Inc. Associate Director, Public Relations Former

Organization Position Status
Affymetrix, Inc. Manager, Public Relations Current

Dr. Melissa Cline is a senior scientist in the chip design research group at Affymetrix Inc., Santa Clara, California. Affymetrix is the market leader in the field of expression analysis platforms. Dr. Cline's work involves assessing potential content for future chip designs. Her primary responsibilities relate to alternative splicing. Dr. Cline joined Affymetrix shortly after receiving her Ph.D. in Computer Science from the University of California at Santa Cruz in 2000.

Organization Position Status
Affymetrix, Inc. Current
Innovationwell Current

As a management professional with over a decade of experience in finance and accounting, Michael Rabaca brings multiple expertises in team management, budgeting and planning, financial analysis, and system selection. Mike earned his B.S. in Biochemistry and an M.S. in Accountancy from San Jose State University, and began his career with Ernst & Young LLP in the Audit Services department. With Ernst & Young, Mr. Rabaca planned, performed, and supervised annual audits and MIS controls evaluations for public and private organizations in high technology, development stage, and software clients. In the mid-1990s, Mike became the Accounting Manager at companies such as Cord Blood Registry and ACCOM. At these companies, Mike acquired further expertise in a variety of accounting systems, staff management and leadership, and financial controls and policies. As Accountant and Business Analyst at Inhale Therapeutic Systems, Mr. Rabaca managed budgets and forecasts for various programs, and developed increased experience with SEC reporting, technology acquisition, debt offerings, budget tools, billing restructures, and legal interpretation for financial compliance and revenue recognition. Currently, Mike is the Senior Financial Analyst at Affymetrix, a Bay Area bio-technology firm. Over the years, Mr. Rabaca has realized a wide variety of significant financial and legal accomplishments, including streamlining budget processes through process improvements and implementation of efficient budgeting tools , key AP/AR interface reconciliations, and billing system improvements , which have led to major increases in revenue recognition and savings for various corporations.

Organization Position Status
Affymetrix, Inc. Senior Financial Analyst Current
The Oases Center Board of Directors Current
San Jose State University M.S. In Accountancy Former
San Jose State University B.S. In Biochemistry Former

Organization Position Status
Affymetrix, Inc. Head, Project Management Current

David B. Singer is Chairman, founding President and Chief Executive Officer of Genesoft, co-founder of Affymetrix and Corcept Therapeutics.

Organization Position Status
Corcept Therapeutics Incorporated Founder Current
Maverick Capital, Ltd Principal Current
Gridstone Research, Inc. Current
Ambrx, Inc. Chairman of the Board Current
Corcept Therapeutics Incorporated Director Current
Mitralsolutions, Inc. Board of Directors Current
College Track Board of Directors Current
Affymetrix, Inc. Board of Directors Current
Aspen Institute Fellow Current
Affymetrix, Inc. Chief Executive Officer Former
Yale University Sterling Fellow Former
Heartport, Inc. Senior Financial Officer Former
Goldman, Sachs & Co. Former
Baxter International Inc. Former
Oscient Pharmaceuticals Corp. Chairman of the Board Former
Stanford University M.B.A. Former
Yale University B.A. Former
Yale College B.A. in History Former
Affymetrix, Inc. member Former

Dr. Guthart joined Intuitive Surgical, Inc. in April 1996 and became Vice President, Engineering in November 1999. He was promoted to Sr. Vice President, Product Operations in January 2002. Previously, Dr. Guthart was part of the core team developing foundation technology for computer enhanced-surgery at SRI International (formally Stanford Research Institute). While at SRI, he also developed technologies for vibration and acoustic control of large-scale systems. Upon receiving his doctorate degree from the California Institute of Technology, he was honored with the Richard Bruce Chapman Memorial Award. In addition, Dr. Guthart received a BS in Engineering from the University of California, Berkeley, where he graduated magna cum laude and an MS and Ph.D. in Engineering Science from the California Institute of Technology.

Organization Position Status
Intuitive Surgical, Inc. President & Chief Operating Officer Current
Affymetrix, Inc. Board of Directors Current
Intuitive Surgical, Inc. Executive Vice President Former
SRI International Former
California Institute of Technology doctorate degree Former
University of California BS In Engineering Former
University of California, Berkeley BS In Engineering Former

Array

Organization Position Status
Vermillion Board of Directors Current
The Business Council Board of Directors Current
Perlegen Sciences, Inc. Board of Directors Current
Affymetrix, Inc. Director Current
Mia Vermillion Board of Directors Current
Ionsource, LLC Board of Directors Current
Fluidigm Board of Directors Current
Hewlett-Packard Company chief executive officer Former
Hewlett-Packard Company President Former
Hewlett-Packard Development Company, L.P. Hp President Former
Vermillion Chairman Former
Ciphergen Biosystems, Inc. chairman Former
GlaxoSmithKline Plc Board of Directors Former
Ciphergen Biosystems, Inc. Board of Directors Former
Stanford Graduate School of Business M.B.A. Former
Stanford University M.B.A. Former
Oregon State University B.S. In Electrical Engineering Former

Paul Berg, Ph.D., has served as a director since 1993. Dr. Berg is Cahill Professor of Cancer Research and Biochemistry, Emeritus and Director, Emeritus of the Beckman Center for Molecular and Genetic Medicine at the Stanford University School of Medicine. He received the Nobel Prize in Chemistry in 1980, the National Medal of Science in 1983, and is a member of the National Academy of Sciences, the Royal Society, London, and the French Academy of Sciences. Dr. Berg also serves as the Board liaison to our Scientific Advisory Board. Dr. Berg also serves as a director of Gilead Sciences, Inc. and is on the Advisory Board of Schering-Plough BioPharma, a subsidiary of Schering-Plough Corp.

Organization Position Status
Affymetrix, Inc. Board of Directors Current

Organization Position Status
Lockheed Martin Corporation Senior Vice President, Strategy & Business Development Current
Affymetrix, Inc. Board of Directors Current

Susan D. Desmond-Hellmann, M.D., M.P.H., has served as a director since 2004. Dr. Desmond- Hellmann served as President, Product Development at Genentech, Inc. from February 2004 to May 1, 2009,and currently serves as advisor and member of Genentech’s Scientific Advisory Board. Dr. Hellmann joined Genentech in 1995 as a clinical scientist, was named Chief Medical Officer in 1996, and became executive vice president, Development and Product Operations, in 1999.

Organization Position Status
Affymetrix, Inc. Board of Directors Current

Organization Position Status
Affymetrix, Inc. Board of Directors Current
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     AFFX $5.71 -0.20 (-3.31% )
Average Volume 1,141,440
Shares Outstanding 71.06M
Market Cap 405.4M
Year High 10.06
Year Low 1.78
Earnings Per Share -5.04
P/E Ratio -1.13
Dividend N/A
Yield N/A
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