BNET Industries
Market Cap:$402.9M
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 PhDNumber of Employees 1,100
Contact Information
3420 Central Expy
Santa Clara, California 95051
(408) 731-5000
Peer Companies
NAICS Code Semiconductor and Related Device Manufacturing: 334413
Recent Events
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Affymetrix AFFX: Downgraded to Underperform at Barclays; target lowered to $3
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Affymetrix skids as analyst lowers rating
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StockPreacher Initiates Independent Research Coverage for Affymetrix Inc.
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Affymetrix Appoints Andrew Last to Chief Commercial Officer
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Reportlinker Adds Biotechnology Reagents - A Global Market Perspective
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Developing Countries Sign up for Pharmacogenomics for Every Nation Initiative Using the Affymetrix DMETâ„¢ Plus...
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Affymetrix tumbles on 3Q miss and 4Q revenue view
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Affymetrix Reports Third Quarter 2009 Results
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Affymetrix Q3 Loss Narrows
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Affymetrix Reports Second Quarter 2009 Results
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Five Reasons to Invest in Affymetrix
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Affymetrix names Guthart to board of directors
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Affymetrix to Host Conference Call on January 28, 2009 to Announce Fourth Quarter and Fiscal...
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NIH Expands Open-Access Dataset Of Genetic And Clinical Data To Include Asthma
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Affymetrix Reports Third Quarter 2008 Results
News & Analysis
Filter by
affymetrix and instrumentation and rae systems - All News and Analysis
All four IBO indexes defy market turbulence
Disappointing economic news continued to weigh on the US markets this month. On July 31, the US reported second-quarter economic growth of 1.9%, compared to economists' expectations of 2.3%. The US also lowered its GDP estimates for the first quarter of this year and the fourth quarter of 2007 to...
Three IBO stock indexes weather a stormy July
Once again volatility ruled the markets in July. The major indexes experienced several extreme swings, both positive and negative, mainly due to conflicting news of positive earnings reports and analyst concerns over the debt markets. In response to subprime and other mortgage debt issues, lenders reported tightening liquidity restrictions in...
Quarterly earnings result in gains for IBO indexes
For the second straight month, all three US stock indexes grew, sending the Dow Jones to an all-time high of above 12,000. Once again, crude oil continued to play a significant role as prices bounced back and forth throughout the month, falling close to this year's low before settling at...
IBO Lab Instrument Stock Index rebounds in June
June began with alarming news for US stock indexes as the Labor Department reported only 75,000 new non-farm jobs were added in May, approximately 100,000 below analysts' estimates. And the unemployment rate slipped another 10 basis points to 4.6%, its lowest point since July 2001. On June 5, the Dow...
IBO stock indexes start off new year strongly
In January, crude oil prices continued to impact the US economy as well as stock prices. Oil prices returned to near record highs of around $68 per barrel at the end of the month after concerns about Iran's OPEC output, and kidnappings and attacks on oil lines in the Niger...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Stephen P.A. Fodor PhD | Chief Executive Officer |
| John A. Young | Director |
| 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 |
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 |
|---|---|---|
| Vermillion | Board of Directors | Current |
| Nanosys, Inc. | Member of the 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 |
| 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 |
Mr. Singer is a principal of Maverick Capital, Ltd., an investment adviser to private investment funds, since December 2004. Since February 2004, Mr. Singer has served as Chairman of the Board of Oscient Pharmaceuticals Corporation, a company formed through the merger of GeneSoft Pharmaceuticals, Inc. and Genome Therapeutics Corp. Mr. Singer served as Chairman, Chief Executive Officer and a director of GeneSoft since September 1998. Mr. Singer was President and Chief Executive Officer of the Company from 1993 to June 1995 and served as Vice Chairman of the Company from July 1995 to April 1996. Mr. Singer is a founder of Corcept Therapeutics Inc. in August 1998 and has served as a director of Corcept Therapeutics since August 1998.
| Organization | Position | Status |
|---|---|---|
| Corcept Therapeutics Incorporated | Founder | Current |
| Maverick Capital, Ltd | Principal | Current |
| Gridstone Research, Inc. | Current | |
| Pacific Biosciences | Current | |
| Ambrx, Inc. | Chairman of the Board | Current |
| College Track | Board of Directors | Current |
| Corcept Therapeutics Incorporated | Director | Current |
| Affymetrix, Inc. | Board of Directors | Current |
| Mitralsolutions, Inc. | Board of Directors | Current |
| Aspen Institute | Fellow | Current |
| Gene-Soft Ltd. | Chief Executive Officer | Former |
| Affymetrix, Inc. | Chief Executive Officer | Former |
| Heartport, Inc. | Senior Financial Officer | Former |
| Yale University | Sterling Fellow | Former |
| Goldman, Sachs & Co. | Former | |
| Baxter International Inc. | Former | |
| Gene-Soft Ltd. | Chairman | Former |
| Oscient Pharmaceuticals Corp. | Chairman of the Board | Former |
| Gene-Soft Ltd. | Director | Former |
| Stanford University | M.B.A. | Former |
| Yale College | B.A. in History | Former |
| Yale University | B.A. | Former |
| Affymetrix, Inc. | member | Former |
Gary S. Guthart, Ph.D. joined Intuitive Surgical in April 1996. In July 2007, Dr. Guthart was promoted to President. Prior to that, in February 2006, Dr. Guthart assumed the role of Chief Operating Officer. Prior to joining Intuitive, Dr. Guthart was part of the core team developing foundation technology for computer enhanced-surgery at SRI International (formally Stanford Research Institute). Dr. Guthart received a BS in Engineering from the University of California, Berkeley 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, Member of The Board | 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 |
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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