BNET Industries

Market Cap:$92.8M
Last Fiscal Year Sales:$35.7M
  • Public
  • US
Dow Jones Description

Anika Therapeutics, Inc. ("Anika," the "Company," "we," "us," or "our") was incorporated in 1992 as a Massachusetts company. Anika develops, manufactures and commercializes therapeutic products for tissue protection, healing and repair. These products are based on hyaluronic acid (HA), a naturally occurring, biocompatible polymer found throughout the body. Due to its unique biophysical and biochemical properties, HA plays an important role in a number of physiological functions such as the protection and lubrication of soft tissues and joints, the maintenance of the structural integrity of tissues, and the transport of molecules to and within cells. Our currently manufactured and marketed products consist of ORTHOVISC ® , which is an HA product used in the treatment of some forms of osteoarthritis in humans; AMVISC ® , AMVISC ® Plus, STAARVISC-II, and ShellGel, each an injectable ophthalmic viscoelastic HA product. HYVISC ® , which is an HA product used in the treatment of equine osteoarthritis, and INCERT ® , an HA based anti-adhesive for surgical applications. ORTHOVISC ® mini , a treatment for osteoarthritis targeting small joints is available in Europe. MONOVISC, a single-injection osteoarthritis product based on our proprietary cross-linking technology is available in Europe and Turkey. ...

Chief Executive Officer
Charles Sherwood
Number of Employees 84
Contact Information

32 Wiggins Ave

Bedford, Massachusetts 01730

anikatherapeuti...

(781) 457-9000

NAICS Code Surgical and Medical Instrument Manufacturing: 339112

Recent Events

  • Anika Therapeutics Reports 17% Revenue Growth in Third-Quarter 2009

    10/28/09 - Financial Announcement - View Story

  • Anika Therapeutics Reports Second-Quarter 2009 Results

    7/22/09 - Financial Announcement - View Story

  • Anika Therapeutics signs distribution agreement with Coapt Systems

    6/09/09 - Joint Venture / Alliance - View Story

News & Analysis

anika therapeutics inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Charles Sherwood Chief Executive Officer
Steven E. Wheeler President
Andrew J. Carter CTO
Francesco J Luppino Chief Operating Officer
Frank Luppino Chief Operating Officer
Gregory T. Fulton Chief Commercial Officer
Kevin W. Quinlan Chief Financial Officer
Raymond J. Land Chief Financial Officer
Irina B. Kulinets Vice President, Regulatory and Clinical Affairs
Randall Wilhoite Vice President of Operations
William Mrachek Vice President Human Resources
James E. O'Neill Treasurer

Board of Directors

Name (plus bio) Position
Joseph L. Bower Chair of the General Manager Program
Eugene A. Davidson Chairman of the Department of Biochemistry and Molecular Biology
John C. Moran Board of Directors
Joseph I Bower Board of Directors
Samuel F. McKay Board Member

Charles H. Sherwood, Ph.D. has been President and Chief Executive Officer of Anika Therapeutics since 2002. Dr. Sherwood joined Anika in 1998 with extensive experience in research, engineering, manufacturing, quality assurance, regulatory affairs and business management. He first served at Anika in the position of Vice President of Research, Development and Engineering. Prior to joining Anika, he was a senior director with Chiron Vision, responsible for medical product development and commercialization. From 1982 to 1995, Dr. Sherwood was with IOLAB Corporation, a division of Johnson & Johnson, where he led the Research and Product Development organization. Earlier, he held various technical and management positions with Hughes Aircraft Company and Lord Corporation. He was also on the faculty of California State Polytechnic University, Pomona. Dr. Sherwood holds a doctorate and master's degree in polymer science and engineering from the University of Massachusetts, a bachelor's degree in chemical engineering from Cornell University and a certificate in management from Claremont Graduate School.

Organization Position Status
Anika Therapeutics, Inc. Chief Executive Officer Current
Computer Review President and Chief Executive Officer Current
Anika Therapeutics, Inc. President Current
Anika Therapeutics, Inc. Board of Directors Current
Anika Therapeutics, Inc. Chief Operating Officer Former
Chiron Vision Senior Director Former
Claremont Graduate School Certificate In Management Former
Johnson & Johnson Former
Iolab Corporation Former
Lord Corporation Former
Chiron Vision Board of Directors Former
Claremont Graduate School Doctorate Former
University of Massachusetts Amherst doctorate and master's degree in polymer science and engineering Former
Claremont Graduate School Master's Degree In Polymer Science Former
Cornell University bachelor's degree in chemical engineering Former
Claremont Graduate School Certificate In Management Former
Anika Therapeutics, Inc. Member Former

Organization Position Status
Anika Therapeutics, Inc. President Current
Wheeler Corporation President Current
Anika Therapeutics, Inc. Board of Directors Current
Bariston Partners, LLC Director Current
Anika Therapeutics, Inc. Committee Member Former
University of Michigan Master's Degree In Nuclear Engineering Former
University of Virginia Bachelor's Degree In Engineering Former

Andrew Carter, Ph.D. joined Anika in January 2008 as Chief Technology Officer. Prior to joining Anika, Dr. Carter was Vice President and General Manager at Spine Wave, Inc., a Shelton, CT privately held company focused on developing innovative medical devices for the treatment of spinal disorders. Prior to joining Spine Wave, Inc., he held a variety of positions with increasing responsibilities with Smith & Nephew in the United Kingdom, and with S&N Endoscopy in Massachusetts. His research and product development responsibilities within Smith & Nephew included materials research, consumer products, wound management, orthopedics, arthroscopy and tissue engineering. Dr. Carter holds a B.Sc. degree and a Ph.D. in Polymer Science and Technology from Queen Mary College, the University of London.

Organization Position Status
Anika Therapeutics, Inc. CTO Current
Computer Review Chief Technology Officer Current
Spine Wave, Inc. Vice President Former
Spine Wave, Inc. General Manager Former

Organization Position Status
Anika Therapeutics, Inc. Chief Operating Officer Current
Anika Therapeutics, Inc. Vice President of Operations Former

Frank Luppino is Chief Operating Officer of Anika Therapeutics, Inc. Frank rejoined Anika in May 2009 after serving as Vice President of Operations at Bionostics. Previously, he was Anika's Vice President of Operations from 2003 until his departure in 2007. Frank began his Anika career in 1999, and held several positions of increasing responsibility in the operations area.

Organization Position Status
Anika Therapeutics, Inc. Chief Operating Officer Current
Anika Therapeutics, Inc. Vice President, Operations Former
Aac Consulting Group regional manager Former
Black & Veatch Holding Company engineer Former

Organization Position Status
Computer Review Chief Commercial Officer Current
Anika Therapeutics, Inc. Chief Commercial Officer Current
Aesthetics, Inc. Vice President Current
Anika Therapeutics, Inc. Vice President, Marketing, Aesthetics and Ophthalmics Former
Eli Lilly and Company Former
Virginia Polytechnic Institute and State University Bachelor's Degree In Marketing Management Former

Organization Position Status
Anika Therapeutics, Inc. Chief Financial Officer Current
Pressure BioSciences, Inc. President, COO & Treasurer Former
American Finance Group Vice President Former
American Finance Group Corporate Controller Former
American Finance Group Assistant Treasurer Former
PricewaterhouseCoopers auditor Former
American Finance Group Board of Directors Former
Northeastern University M.S. In Accounting Former
University of New Hampshire B.S. In Resource Economics Former
Northeastern University Degrees Former
University of New Hampshire Degrees Former

Raymond J. Land, has been Senior Vice President & Chief Financial Officer since June 2008 and Corporate Secretary since July 2008. Ray has more than 30 years of financial experience and has had responsibility for accounting, tax, treasury, facilities, investor relations, information management, strategic planning and business development over those years. Prior to joining us, Ray served as Senior Vice President and Chief Financial Officer with Safeguard Scientifics, Inc. (NYSE: SFE), a company that provides growth capital to life science and technology companies. Previously, Ray was an Executive Vice President and Chief Financial Officer with Medcenter Solutions, Inc., a global pharmaceutical marketing company that specializes in providing online solutions for physicians, patients and sales representatives. Ray was also the Senior Vice President and Chief Financial Officer of Orchid Bioscience (Nasdaq: ORCH), a DNA laboratory testing service company in 2005 and 2006. From 1997 to 2005, Ray was Vice President and Chief Financial Officer for Genencor International, Inc., a global biotechnology company that went public (Nasdaq: GCOR) during his tenure and was valued at $1.2 billion when it was sold in 2005. Ray’s experience also includes serving, from 1991 to 1996, as Senior Vice President and Chief Financial Officer of West Pharmaceutical Services, Inc (NYSE: WST), a global manufacturer of pharmaceutical packaging and drug delivery products. For the nine years prior, Ray held a number of positions with Campbell Soup Company (NYSE: CPB) including Vice President – Corporate Controller and Vice President – General Manager. Prior to that Ray was an audit manager with Coopers & Lybrand Ray has relocated to Southern California with his wife. He received a BBA in Accounting and Finance from Temple University

Organization Position Status
Clarient Inc. Senior Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) Current
Anika Therapeutics, Inc. Chief Financial Officer Current
Anika Therapeutics, Inc. Chairperson Current
Mountain View Pharmaceuticals, Inc Director Current
Safeguard Scientifics, Inc. Senior Vice President & Chief Financial Officer Former
West Pharmaceutical Services, Inc. Chief Financial Officer Former
Orchid Co Chief Financial Officer Former
Genencor Chief Financial Officer Former
Genencor International, Inc. Chief Financial Officer Former
Genencor Senior Vice President Former
West Pharmaceutical Services, Inc. Senior Vice President Former
Genencor International, Inc. Senior Vice President Former
Genecor Senior Vice President Former
Orchid Co Senior Vice Preside Former
Temple University Certified Public Accountant Former
Cooper's Inc. Former
Campbell Soup Company Former
Anika Therapeutics, Inc. Board of Directors Former
Anika Therapeutics, Inc. Member Former

Irina Kulinets joined Anika in September 2007 as Vice President of Regulatory and Clinical Affairs. Prior to joining Anika, Mrs. Kulinets served as Senior Director of Regulatory Affairs at BioSphere Medical in Rockland, MA. She has 17 years of experience in the medical device industry with large and small manufacturers including Boston Scientific, Johnson & Johnson/DePuy, and OmniGuide where she served in various Regulatory Affairs, Clinical Affairs, and Quality Assurance technical, management and senior management roles. From 2001 to 2004, she served as a Medical Regulatory Reviewer and Lead Medical Auditor for Notified Body, TUV America. In addition, she is certified by the FDA as a Third Party 510K reviewer. She holds MS and BS degrees in Mechanical Engineering from Belarus Polytechnic Academy and an MS degree in Quality Assurance from California State University, Dominguez Hills. She is RAPS certified RAC, ASQ certified Six Sigma Black Belt, and ASQ Certified Quality Engineer.

Organization Position Status
Anika Therapeutics, Inc. Vice President, Regulatory and Clinical Affairs Current
Computer Review Vice President of Regulatory and Clinical Affairs Current
BioSphere Medical, Inc. Senior Director of Regulatory Affairs Former
California State University MS In Quality Assurance Former
California State University BS Degrees In Mechanical Engineering Former

Randall Wilhoite is Vice President of Operations at Anika Therapeutics. He joined the Company in January 2006 as Director of Planning & Logistics and in January 2007 became Director of Operations. Prior to joining Anika, Mr. Wilhoite was a supply chain manager for Oscient Pharmaceuticals, a biopharmaceutical company that develops therapeutics to address unmet medical needs. From 1988 to 2004, he held various management positions at Abbott Laboratories with increasing responsibilities in operations, planning and distribution. He holds a bachelor's degree in chemistry from the University of Indiana.

Organization Position Status
Anika Therapeutics, Inc. Vice President of Operations Current
Computer Review Vice President, Operations Current
Anika Therapeutics, Inc. Director, Operations Former
Oscient Pharmaceuticals Corp. Supply Chain Manager Former
University of Indiana Bachelor's Degree In Chemistry Former

Organization Position Status
Anika Therapeutics, Inc. Vice President Human Resources Current
Computer Review Vice President, Human Resources Current
SofTech, Inc. Vice President of Human Resources Former
University of Colorado School of Law Jd Former
University of Denver MBA Former

Joseph L. Bower is on the faculty at Harvard Business School. He joined Anika Therapeutics' board of directors in 1993. He has held various positions at Harvard Business School since 1963, where he was named professor of busines...

Organization Position Status
Anika Therapeutics, Inc. Chair of the General Manager Program Current
SV Investment Partners Executive Advisor Current
Harvard University Professor of Business Administration Current
Harvard Business School Professor of Business Administration Current
New England Conservatory of Music Board Member Current
Sonesta International Hotels Corporation Director Current
Loews Corporation Board of Directors Current
New America High Income Fund Director Current
Brown Shoe Company, Inc. Board of Directors Current
Anika Therapeutics, Inc. Director Current
Sonesta International Hotels Corporation Senior Vice President Former
Harvard Business School Chairman of the General Manager Program Former
Harvard Business School Director of Research Former
Doctoral Programs Chairman Former
Harvard Business School doctorate in business administration Former
Harvard University bachelor of arts degree Former

Organization Position Status
Anika Therapeutics, Inc. Treasurer Current
Anika Therapeutics, Inc. Treasurer Former

A member of the board of directors for Anika Therapeutics since 1993, Eugene A. Davidson, Ph.D. is on the faculty at the Georgetown University Medical School. He has been chairman of the Department of Biochemistry and Molecular B...

Organization Position Status
Georgetown University School of Medicine Faculty Current
Georgetown University School of Medicine Chairman of the Department of Biochemistry and Molecular Biology Current
Anika Therapeutics, Inc. Chairman of the Department of Biochemistry and Molecular Biology Current
Anika Therapeutics, Inc. Board of Directors Current
Columbia University Ph.D. In Biochemistry Former
Georgetown University School of Medicine Ph.D. Is on the Faculty Former
University of California, Los Angeles B.S. In Chemistry Former

Organization Position Status
Robin Hood Ventures Current
Core Essence Orthopaedics, LLC Chairman of The Board Current
Ranier Technology Limited Board of Directors Current
Paradigm Spine, LLC Board of Directors Current
Power Medical Interventions, Inc. Board of Directors Current
Christini Technologies, Inc. Board of Directors Current
Anika Therapeutics, Inc. Board of Directors Current
Harvard University MBA Former

Organization Position Status
Anika Therapeutics, Inc. Board of Directors Current
New America High Income Fund Director Current
Loews Corporation Director Current
Sonesta International Hotels Corporation Director Current
Brown Shoe Company, Inc. Director Current
Doctoral Programs Chairman Former
Harvard University A.B. Former

Organization Position Status
Axiom Corporation Board Member Current
Motia, Inc. Member, Board of Directors Current
Anika Therapeutics, Inc. Board Member Current
Open Solutions Inc. Board of Directors Current
Axiom Venture Advisors, Inc. General Partner & Co-Founder Former
Sabre Communications Corp Former
Aeronca Director Former

Executive News

  • Anika Therapeutics (ANIK) Receives Health Canada Approval for MONOVISC(TM)

    BioSpace - 8/21/09 - View Story

  • Anika Therapeutics Receives Health Canada Approval for MONOVISC

    Pharma Live - 8/21/09 - View Story

  • UPDATE 1-Anika's knee drug gets Health Canada approval

    Forbes.com - 8/20/09 - View Story

  • Anika Therapeutics Receives Health Canada Approval for MONOVISCâ„¢

    Reuters - 8/20/09 - View Story

  • Anika Therapeutics Receives Health Canada Approval for MONOVISC(TM)

    Forbes.com - 8/20/09 - View Story

  • Anika Therapeutics Receives Health Canada Approval for MONOVISC

    Business Wire - 8/20/09 - View Story

  • Anika Therapeutics Receives Health Canada Approval for MONOVISC„

    Business Wire - 8/20/09 - View Story

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     ANIK $8.12 -0.03 (-0.37% )
Average Volume 62,699
Shares Outstanding 11.44M
Market Cap 92.9M
Year High 8.8
Year Low 2.96
Earnings Per Share 0.36
P/E Ratio 22.56
Dividend N/A
Yield N/A
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