BNET Industries
Market Cap:$96.9M
Last Fiscal Year Sales:$1.7M
- Public
- US
Dow Jones Description
Amicus Therapeutics is a biopharmaceutical company developing novel, oral therapeutics known as pharmacological chaperones for the treatment of a range of human genetic diseases. Pharmacological chaperone technology involves the use of small molecules that selectively bind to and stabilize proteins in cells, leading to improved protein folding and trafficking, and increased activity. Amicus is initially targeting lysosomal storage disorders, which are severe, chronic genetic diseases with unmet medical needs. Amicus has completed Phase 2 clinical trials of Amigal for the treatment of Fabry disease and is conducting Phase 2 clinical trials of Plicera(TM) for the treatment of Gaucher disease. The Company has completed Phase 1 clinical trials of AT2220 for the treatment of Pompe disease.
President and Chief Executive Officer
John F CrowleyNumber of Employees 91
Contact Information
6 Cedar Brook Drive
Cranbury, New Jersey 08512
(609) 662-2000
Peer Companies
NAICS Code Pharmaceutical Preparation Manufacturing: 325412
Recent Events
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Amicus Therapeutics, Inc. FOLD JOBS Reacquires Global Development and Commercialization Rights to AmigalTM, PliceraTM and...
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UPDATE 1-Amicus Q3 loss narrower than view; ends Shire pact
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BUYINS.NET: CACB, FOLD, NOVA, LB, ACU Expected To Be Lower After Earnings Releases on Thursday
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Amicus' Amigal Moves Forth as Plicera Falters in Phase II
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Lazard Capital Downgrades Amicus Therapeutics FOLD to Hold
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JP Morgan Downgrades Amicus Therapeutics FOLD to Neutral
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Amicus Therapeutics Announces Plan to Initiate Phase 1 Study of AT2220 for Pompe Disease
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Amicus Therapeutics Announces Second Quarter 2009 Financial Results
News & Analysis
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amicus therapeutics inc. - All News and Analysis
Amicus Therapeutics: Amigal Drug Shows Promise
Zacks.com submits: Amicus Therapeutics FOLD began registration for phase III trial of its investigational drug Amigal for the treatment of Fabry disease and expects to begin the dosing of subjects in the second half of this year. Along with the US FDA, the company has already decided on...
Amicus Therapeutics, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions We’ll go first to Geoff Meacham with JP Morgan. Geoff Meacham – JP Morgan Hi, guys. Thanks for taking the question. I have a couple of them. First on Fabry, I know we’ll have a little bit more detail on the design of the...
Amicus Therapeutics, Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions We’ll take our first question from Matt Osborne with Lazard. Matt Osborne – Lazard Hi, guys. Thanks for taking the question. I have a few questions, if I could start with Matt perhaps. Have you reached an agreement with either of the agencies in...
Amicus Therapeutics, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, sir. Operator instructions And we’ll go first today to Geoffrey Meacham of J.P. Morgan. Terry Coyne – J.P. Morgan Hi, guys, can you hear me? John Crowley I sure can. Terry Coyne – J.P. Morgan This is Terry Coyne for Geoff...
Amicus Therapeutics Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions First, we will go to Geoff Meacham with JPMorgan. Terry Coyne - JPMorgan Hello. This is Terry Coyne for Geoff today. Thanks a lot for taking the question. My question is on the, I am wondering if you can expand a little more on your...
- 1
Decision Makers
| Name (plus bio) | Position |
|---|---|
| John F Crowley | President and Chief Executive Officer |
| David J Lockhart | Chief Scientific Officer |
| James E. Dentzer | Chief Financial Officer |
| Matthew Patterson | Chief Operating Officer |
| Pedro Huertas | Chief Development Officer |
| Karin Ludwig | Senior Vice President, Clinical Research |
| Gregory Weinhoff | Director |
| P. Sherrill Neff | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald J. Hayden | Executive Chairman |
| David Stoffel | Board Observer |
| James N. Topper | Board of Directors |
| Stephen Bloch | Board Member |
"Mr. Crowley became president and CEO of Amicus in January 2005, having served as a director since 2004. Previously he was founding president and CEO of Orexigen Therapeutics. Preceding Orexigen, Mr. Crowley was senior vice president at Genzyme Therapeutics, a position he assumed after overseeing the sale of Novazyme Pharmaceuticals to Genzyme in September 2001. Mr. Crowley was the founding president and CEO of Novazyme that was developing a novel treatment for Pompe disease. He previously served in several senior management roles with the Bristol-Myers Squibb Company (BMS), including director of the Executive Committee for the U.S. Medicines Group, director of Business Strategy for the U.S. Pharmaceuticals Group, and director of U.S. Area Marketing for the Neuroscience and Infectious Disease Division. Preceding his experience at BMS, Mr. Crowley worked as a business strategy consultant for Marakon Associates. Mr. Crowley began his professional career as a litigation associate in the Health Care Practice Group of the Indianapolis-based law firm of Bingham, Summers, Welsh & Spilman. Mr. Crowley is involved with several charitable and community organizations, including serving on the Board of Directors of St. Peter's University Health Care System. Mr. Crowley's involvement with biotechnology stems from the 1998 diagnosis of two of his children with Pompe disease - a fatal neuromuscular disorder. Mr. Crowley and his family have been featured on the cover of The Wall Street Journal and on The Today Show, CNBC and The Paula Zahn Show on CNN. In 2006, Geeta Anand, Pulitzer prize winning writer for The Wall Street Journal, authored a book on Mr. Crowley entitled ""The Cure: How a Father Raised $100 Million- and Bucked the Medical Establishment- in a Quest to Save His Children."" (www.thecurebook.com). Mr. Crowley is a commissioned officer in the United States Navy Reserve (active). Mr. Crowley earned his B.S. degree in Foreign Service from Georgetown University's School of Foreign Service, his J.D. from the University of Notre Dame Law School and his M.B.A. from Harvard Business School."
| Organization | Position | Status |
|---|---|---|
| Amicus Therapeutics, Inc. | President and Chief Executive Officer | Current |
| Muscular Dystrophy Association | Advisory Board | Current |
| Orexigen Therapeutics, Inc. | President and CEO | Former |
| Genzyme Therapeutics | Senior Vice President | Former |
| Marakon Associates, Inc. | Strategy Consultant | Former |
| Bristol-Myers Squibb Company | Former | |
| Genzyme Corporation | Former | |
| CNBC | Former | |
| University of Notre Dame Law School | J.D. | Former |
| Harvard Business School | M.B.A. | Former |
| Georgetown University | B.S. Degree In Foreign Service | Former |
"Dr. David Lockhart joined Amicus Therapeutics in January 2006 as chief scientific officer. He brings to Amicus 13 years of industry experience and achievements including credit as the primary developer of genome-wide gene-expression profiling with high-density DNA arrays when he was at Affymetrix. Before coming to Amicus, Dr. Lockhart was president, CSO and co-founder of Ambit Biosciences in San Diego. He has served as director of genomics at the Genomics Institute of the Novartis Research Foundation, and he held various leadership positions during his more than five years at Affymetrix, including vice president of genomics research. Dr. Lockhart has also been a visiting scholar at the Salk Institute for Biological Studies. Dr. Lockhart received his Ph.D. in Chemistry from Stanford University and was a postdoctoral fellow at the Whitehead Institute at MIT under Professor Peter S. Kim. He has published nearly 60 peer-reviewed scientific articles on kinase technology, kinase inhibitor discovery, genomics and the use of genomic tools for important biological and biomedical problems."
| Organization | Position | Status |
|---|---|---|
| Amicus Therapeutics, Inc. | Chief Scientific Officer | Current |
| Ambit Biosciences Corporation | President and Chief Scientific Officer of Ambit Biosciences | Former |
| Affymetrix, Inc. | vice president of genomics research | Former |
| Ambit Biosciences Corporation | co-founder | Former |
| Affymetrix, Inc. | director of genomics | Former |
| Stanford University | Ph.D. in Chemistry (Biophysical) | Former |
"Mr. Dentzer joined Amicus in September 2006 as Chief Financial Officer. He joined the company from Biogen Idec Inc. where he served as Corporate Controller from November 2003 to September 2006. Prior to the November 2003 merger of Biogen, Inc. and IDEC Pharmaceuticals Corporation, Mr. Dentzer served as Corporate Controller of Biogen, Inc. Prior to Biogen, he served in a variety of financial positions at E. I. du Pont de Nemours and Company, most recently as Chief Financial Officer of DuPont Flooring Systems. Mr. Dentzer received a B.A. from Boston College and an M.B.A. from the University of Chicago. "
| Organization | Position | Status |
|---|---|---|
| Amicus Therapeutics, Inc. | Chief Financial Officer | Current |
| Biogen, Inc. | Corporate Controller | Former |
| Biogen Idec, Inc. | Corporate Controller | Former |
| Idec Pharmaceuticals Corporation | Former | |
| Bank of Boston | Former | |
| University of Chicago | M.B.A. | Former |
| Boston College | B.A. | Former |
Mr. Patterson joined Amicus in December 2004 and currently serves as Chief Operating Officer. Mr. Patterson was promoted to Chief Operating Officer from Chief Business Officer in September 2006. Prior to Amicus, Mr. Patterson served as vice president of Regulatory Affairs, and later vice president of Commercial Planning at BioMarin Pharmaceutical. Mr. Patterson oversaw the development of Aldurazyme® (laronidase) for the treatment of the genetic disease MPS I and helped build the sales and marketing function for the company. Prior to BioMarin, Mr. Patterson worked at Genzyme Corporation in Manufacturing and Regulatory Affairs. While at Genzyme he contributed to the development and global licensing of multiple products. Mr. Patterson received his B.A. in Biochemistry from Bowdoin College.
| Organization | Position | Status |
|---|---|---|
| Amicus Therapeutics, Inc. | Chief Operating Officer | Current |
| BioMarin Pharmaceutical Inc. | Vice President, Commercial Planning & Govt Affairs | Former |
| Genzyme Corporation | Former | |
| Bowdoin College | B.A. In Biochemistry | Former |
| Organization | Position | Status |
|---|---|---|
| Exsar Corporation | Chief Medical & Scientific Officer | Current |
| Amicus Therapeutics, Inc. | Chief Development Officer | Current |
| Massachusetts General Hospital | Medical Director | Current |
| Exsar Corporation | Board of Directors | Current |
| StemCells, Inc. | chief medical officer | Former |
| Genzyme Corporation | medical director | Former |
| Harvard University | Doctor of Philosophy In Cell and Developmental Biology | Former |
| MIT Sloan School of Management | Masters In Business Administration | Former |
"Dr. Karin Ludwig joined Amicus Therapeutics in February 2006 and brings more than 15 years of medical experience to her position as senior vice president of Clinical Research. Dr. Ludwig began her industry career at Farmitalia Carlo Erba in her native Germany. In 1993 she became head of clinical research at Pharmacia in Erlangen, Germany, and held various positions in research and development at Pharmacia & Upjohn and Pharmacia in the U.S. and the U.K. through their acquisition by Pfizer in 2003. At Pfizer she held the position of group leader and senior director of endocrinology and ophthalmology for the U.S. medical program. Dr. Ludwig received her medical degree from Freiburg University and trained in general surgery at the University Hospital in Tuebingen, Germany."
| Organization | Position | Status |
|---|---|---|
| Amicus Therapeutics, Inc. | Senior Vice President, Clinical Research | Current |
| Pharmacia Corporation | head of clinical research | Former |
| Pharmacia & Upjohn | Former |
| Organization | Position | Status |
|---|---|---|
| Transave, Inc. | Years In Senior Executive | Current |
| Gloucester Pharmaceuticals, Inc | Current | |
| Prospect Venture Partners | Current | |
| Vitae Corporation | Current | |
| T-Cell Lymphoma | Chairman | Current |
| Vitae Pharmaceuticals, Inc | Chairman | Current |
| Amicus Therapeutics, Inc. | Executive Chairman | Current |
| Transave, Inc. | Board of Directors | Current |
| Oncology Inc | President | Former |
| Bristol-Myers Squibb Company | President, Americas & Executive Vice President | Former |
| The Health Care Group | Senior Vice President for Worldwide Franchise Management and Business Development | Former |
| Bristol-Myers Squibb Company | District Sales Manager | Former |
| Bristol-Myers Squibb Company | Senior Executive | Former |
| Indiana University | M.B.A. | Former |
| Harvard University | Undergraduate Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Radius Ventures, LLC | Partner | Current |
| Amicus Therapeutics, Inc. | Board Observer | Current |
| Eyetel Imaging, Inc. | Board Observer | Current |
| Radius Ventures, LLC | Principal | Former |
| University of Chicago | M.D. | Former |
| Stanford University | B.A. In Economics | Former |
Greg is a graduate of Harvard College, Harvard Medical School and Harvard Business School, where he was a Baker Scholar. Prior to joining CHL Medical Partners in 2001, Greg was a Senior Associate at Whitney & Co. where he concentrated on private equity investments in healthcare technology and services companies. Prior to his graduate training, Greg was a financial analyst in the Healthcare Corporate Finance Group at Morgan Stanley & Co. where he worked on financings and merger and acquisition assignments for a number of biotechnology, pharmaceutical, and healthcare services clients. While at CHL, Greg has been the founding CEO of Amicus Therapeutics, Inc. where he has played a key role in identifying and licensing the platform technology, hiring the management team and developing the company's strategic plan. He also played a key role in the early development and financing of Fidelis SeniorCare, Inc., Resolvyx Pharmaceuticals, Inc. and VaxInnate Corporation. He currently serves as a director of these four companies.
| Organization | Position | Status |
|---|---|---|
| CHL Medical Partners, L.P. | Managing Director | Current |
| Amicus Therapeutics, Inc. | Director | Current |
| Resolvyx Pharmaceuticals | Director | Current |
| VaxInnate Corporation | Director | Current |
| Amicus Therapeutics, Inc. | CEO | Former |
| VaxInnate Corporation | development and financing | Former |
| Resolvyx Pharmaceuticals | development and financing | Former |
| Morgan Stanley | financial analyst | Former |
| Whitney & Co., LLC | Senior Associate | Former |
| Harvard College | graduate | Former |
| Harvard Business School | graduate | Former |
| Harvard Medical School | graduate | Former |
| Organization | Position | Status |
|---|---|---|
| Zelos Therapeutics, Inc. | General Partner at Frazier Healthcare | Current |
| La Jolla Pharmaceutical Company | General Partner, Frazier Healthcare Ventures | Current |
| Brigham and Women's Hospital | Current | |
| Intradigm | Chairman | Current |
| Calistoga Pharmaceuticals, Inc. | Executive Chair of Board of Directors | Current |
| Arete Therapeutics, Inc. | Board of Directors | Current |
| Zelos Therapeutics, Inc. | Board of Directors | Current |
| Portola Pharmaceuticals, Inc. | Board of Directors | Current |
| Anaptysbio, Inc. | Board of Directors | Current |
| MacuSight Inc. | Board of Directors | Current |
| Amicus Therapeutics, Inc. | Board of Directors | Current |
| Harvard Corporation | Board of Directors | Current |
| La Jolla Pharmaceutical Company | Board of Directors | Current |
| Ljpc | Board of Directors | Current |
| Millennium Pharmaceuticals, Inc. | Head of the Cardiovascular Research and Development Franchise | Former |
| Stanford University | Clinical Assistant Professor | Former |
| Harvard Medical School | Faculty | Former |
| Stanford University School of Medicine | Investigator | Former |
| COR Therapeutics, Inc. | Former | |
| Calistoga Pharmaceuticals, Inc. | Board of Directors | Former |
| Intradigm | Board of Directors | Former |
| Point Biomedical Corporation | Board Observer | Former |
| Arete Therapeutics, Inc. | Investor | Former |
| CoTherix, Inc. | Investor | Former |
| Stanford University School of Medicine | PH.D. In Biophysics | Former |
| Stanford University | Doctorate In Biophysics | Former |
| Stanford University | Degree | Former |
P. Sherrill Neff has been a director since March 2005. Mr. Neff is a founder of Quaker BioVentures, Inc., a life sciences venture fund, and has been Managing Partner since 2002. He was a director of Resource America from 1998 to March 2005. From 1994 to 2002 he was President and Chief Financial Officer, and from 1994 to 2003, a director of Neose Technologies, Inc., a publicly-traded life sciences company. Mr. Neff was also a director of The Bancorp from its formation in 1999 until 2002.
| Organization | Position | Status |
|---|---|---|
| Quaker Bioventures | Founder | Current |
| Biolex, Inc. | Chairman, Managing Partner, Quaker Bioventures | Current |
| Bioadvance Ventures, Inc | Managing Partner | Current |
| Sebio | Current | |
| Sports Et Loisirs Saint-Athanase | Current | |
| Resource Capital Corp. | Chairman | Current |
| University City Science Center | Board of Directors | Current |
| Biolex, Inc. | Board of Directors | Current |
| University of Pennsylvania | Board of Directors | Current |
| Regado Biosciences, Inc. | Board of Directors | Current |
| Medmark, Inc. | Director | Current |
| Gpvg | Director | Current |
| Amicus Therapeutics, Inc. | Director | Current |
| Biotechnology Institute | Director | Current |
| Neose Technologies, Inc. | President | Former |
| Neose Technologies, Inc. | Chief Operating Officer | Former |
| U.S. Healthcare, Inc. | Senior Vice President, Corporate Development | Former |
| Quaker Bioventures | Partner | Former |
| Morgan, Lewis & Bockius LLP | Attorney | Former |
| Biotechnology Industry Organization | Chairman | Former |
| Resource America, Inc. | Director | Former |
| Resource Capital Corp. | Director | Current |
| Neose Technologies, Inc. | Director | Former |
| Wesleyan University | B.A. In Religion | Former |
| The University of Michigan Law School | Graduate | Former |
| Wesleyan University | Graduate | Former |
| Organization | Position | Status |
|---|---|---|
| Marinus Pharmaceuticals Inc. | Chairman | Current |
| CombinatoRx, Incorporated | Board Observer | Current |
| Immunicon Corporation | Board Observer | Current |
| Amicus Therapeutics, Inc. | Board Member | Current |
| Genaissance Pharmaceuticals, Inc. | Board Observer | Current |
| Tele-Rad Inc | Co-Founder | Former |
| Omnisonics Medical Technologies, Inc. | Medical Director | Former |
| Arthur D. Little, Inc. | Strategic Consultant | Former |
| Harvard University | MA | Former |
| Dartmouth College | Ab Degree | Former |
| University of Rochester | Medical Degree | Former |
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Amicus Therapeutics Announces Second Quarter 2009 Financial Results
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