BNET Industries
Market Cap:$346.7M
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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Reportlinker Adds Biotechnology Reagents - A Global Market Perspective
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Analyst Upgrades for November 4th
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StockProfiler.US: Stock Watch: AFFX, MENT, BTUI
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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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AT&T, Goodrich Rise; eBay, JetBlue Fall
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Reportlinker Adds DNA Sequencing Equipment and Services Markets, 2nd Edition Report
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Five Reasons to Invest in Affymetrix
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Affymetrix Reports Second Quarter 2009 Results
News & Analysis
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affymetrix and molecular inc. - All News and Analysis
IBO stock indexes lose ground in July
July was a series of large one-day changes among the major US stock indexes. It all began on July 5 when North Korea launched missile tests, causing the Dow Jones to slip 0.7%. Two days later, the Dow fell another 1.2% when the US Labor Department reported that non-farm payrolls...
Happy Holidays for the IBO stock indexes
In November, all three major US indexes and all four IBO Indexes recorded impressive gains. Stocks benefited from continued lower crude oil prices of around $58 per barrel, down nearly 20% from the record highs of two months ago. Also, indications that the Federal Reserve may stop its streak of...
Molecular Profiling Institute Secures $7.5 million in Series B Funding; AmeriPath, Affymetrix, and Gen-Probe Provide Funding to Accelerate the Introduction of New Genetic-Based Prognostics to Cancer Patients
PHOENIX -- The Molecular Profiling Institute, Inc. Molecular Profiling today announced that it has secured $7.5 million in capital through a Series B financing from three key investors: AmeriPath, Affymetrix and Gen-Probe Incorporated. Molecular Profiling is a leading specialty reference laboratory that utilizes proprietary genomic analysis methods to guide treatment...
IBO stock indexes experience mixed results in April
Signs of a struggling economy and unstable oil prices sent all three US stock indexes tumbling in April. The first day of the month prices for barrels of crude oil shot to a record high of $58 due to a warning that prices could spike to $100 per barrel. However,...
Waters news weighs heavily on instrument index
US markets experienced a roller coaster month in March, primarily due to large swings in oil prices. Crude oil prices soared to record highs of $57.60 per barrel during the month, then dropped below $53, ending the month at just over $55 per barrel. OPEC finally decided to boost production,...
Process stock index leads February growth
There were a number of positive macroeconomic events reported in February that pushed stocks higher, but another sharp rise in oil prices to over $52 per barrel sent stocks back down. On a positive note, the US Commerce Department announced that fourth quarter GDP grew at a revised 3.8% annual...
Holiday season spurs strong November for stock indexes
Crude oil prices continue to play a significant role in driving stock market fluctuations. November saw oil prices fall from their record high of $55.67 per barrel last month to as low as $46.87 per barrel on November 15. Oil prices shot back up to over $50 per barrel due...
Roller coaster month ends on positive note for IBO indexes
A barrage of negative macroeconomic events early in October sent all three major US Stock Indexes tumbling, with the Dow Jones Industrial Average reaching an intraday low for the year at 9,708.40. The Labor Department's figures for September job growth came in much weaker than expected, with only 96,000 jobs...
Economic concerns slow growth of IBO indexes in August
August proved to be a stagnant period for all major US stock indexes, with concerns over oil prices and terror threats. Investors were cautious at the beginning of the month when the Department of Homeland Security issued a warning about possible terror attacks on key US financial institutions. Stocks continued...
Instrument stocks suffer in July
The second half of 2004 began with a sharp decline across all major US indexes due to a number of negative macroeconomic events. It began the first day of July with a spike in oil prices and ended the month the same way with oil prices reaching a 21-year high...
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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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