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 Crowley
Number of Employees 91
Contact Information

6 Cedar Brook Drive

Cranbury, New Jersey 08512

www.amicusthera...

(609) 662-2000

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • Amicus Therapeutics, Inc. FOLD JOBS Reacquires Global Development and Commercialization Rights to AmigalTM, PliceraTM and...

    10/31/09 - Joint Venture / Alliance - View Story

  • UPDATE 1-Amicus Q3 loss narrower than view; ends Shire pact

    10/29/09 - Mgmt. Change Leaving - CFO - View Story

  • BUYINS.NET: CACB, FOLD, NOVA, LB, ACU Expected To Be Lower After Earnings Releases on Thursday

    10/27/09 - Joint Venture / Alliance - View Story

  • Amicus' Amigal Moves Forth as Plicera Falters in Phase II

    10/06/09 - Bond / Stock Rating - View Story

  • Lazard Capital Downgrades Amicus Therapeutics FOLD to Hold

    10/05/09 - Bond / Stock Rating - View Story

  • JP Morgan Downgrades Amicus Therapeutics FOLD to Neutral

    10/05/09 - Bond / Stock Rating - View Story

  • Amicus Therapeutics Announces Plan to Initiate Phase 1 Study of AT2220 for Pompe Disease

    10/03/09 - Bond / Stock Rating - View Story

  • Amicus Therapeutics Announces Second Quarter 2009 Financial Results

    8/06/09 - Financial Announcement - View Story

News & Analysis

amicus therapeutics inc. - All News and Analysis

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

Executive News

  • Complete Genomics Gets $45 Million in Series D Funding, Elects 2 New Directors

    TradingMarkets - 8/26/09 - View Story

  • Complete Genomics Secures $45M in Funding

    HPC Wire - 8/25/09 - View Story

  • Mtn. View startup Complete Genomics promises low-cost DNA sequencing

    SiliconValley.com - 8/24/09 - View Story

  • Mtn. View startup promises low-cost, high volume DNA sequencing

    San Jose Mercury News - 8/24/09 - View Story

  • Silicon Valley startup Complete Genomics promises low-cost DNA sequencing

    San Jose Mercury News - 8/24/09 - View Story

  • Complete Genomics Secures $45 Million in Series D Funding; Appoints Two New Directors

    Business Wire - 8/24/09 - View Story

  • Resolvyx Announces Positive Data from Phase 2 Clinical Trial of the Resolvin RX-10045 in Patients with Dry Eye Syndrome

    Business Wire - 8/24/09 - View Story

  • Amicus Therapeutics Announces Second Quarter 2009 Financial Results

    Financials.com - 8/06/09 - View Story

  • Amicus Therapeutics Announces Second Quarter 2009 Financial Results

    Montana's News Station - 8/06/09 - View Story

     FOLD $4.25 -0.03 (-0.70% )
Average Volume 97,775
Shares Outstanding 22.65M
Market Cap 96.3M
Year High 13.5
Year Low 3.681
Earnings Per Share -2.37
P/E Ratio -1.79
Dividend N/A
Yield N/A
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