BNET Industries

Market Cap:$167.8M
Last Fiscal Year Sales:$21.2M
  • Public
  • US
Dow Jones Description

AVI BioPharma is a biopharmaceutical Company specializing in the discovery and development of novel, RNA-based drugs targeting a range of diseases (in this report, we, our, us, AVI, and Company refers to AVI BioPharma, Inc.). As one of the emerging leaders in the fast growing field of RNA therapeutics, AVI has developed and optimized derivatives of its proprietary antisense chemistry (phosphorodiamidate morpholino oligomers or PMOs) that can be designed to target disease mechanisms through distinct mechanisms of action. Unlike other RNA therapeutic approaches, AVIs antisense technology has been used to directly target both messenger RNA (mRNA) and precursor messenger RNA (pre-mRNA) allowing for both down- and up-regulation of targeted genes or proteins. We believe that these broad capabilities give the Company a unique RNA-based technology platform and strong intellectual property position, both of which are the result of advances across several areas of science, including over 20 years of research and development work in chemistry and the Human Genome Project. Our patent estate includes 222 patents (foreign and domestic) issued to or licensed by us and 196 pending patent applications (domestic and foreign).

President, Chief Executive Officer and Director
Dr. Leslie Hudson
Number of Employees 83
Contact Information

1 Southwest Columbia St Ste 1105

Portland, Oregon 97258-2012

avibio.com

(503) 227-0554

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • Wynn, Las Vegas Sands, East West Banc Rise

    11/11/09 - Financial Announcement - View Story

  • AVI BioPharma rises after getting $11.5M in funds

    10/05/09 - New Investment - View Story

  • AVI BioPharma Receives Expanded Contract From U.S. Department of Defense to Develop Its Drug Candidate...

    10/05/09 - Joint Venture / Alliance - View Story

  • AVI BioPharma, Inc. AVII Announces Second Quarter 2009 Financial Results & Corporate Highlights

    8/11/09 - Financial Announcement - View Story

  • AVI BioPharma Moving Corporate Headquarters to Greater Seattle Area

    7/30/09 - Joint Venture / Alliance - View Story

  • AVI BioPharma Signs an Additional Drug Development Contract With Charley's Fund Inc. for Duchenne Muscular...

    6/04/09 - Joint Venture / Alliance - View Story

News & Analysis

avi biopharma inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Dr. Leslie Hudson President, Chief Executive Officer and Director
Gil Price CEO and Chief Medical Officer, Drug Safety Solutions
John C. Hodgman President and Chief Executive Officer, Cygnus, Inc.
John W. Fara President and Chief Executive Officer, Depomed Inc.
J. David Boyle Senior Vice President Finance and Cfo
J. David Boyle II Senior Vice President Finance and CFO
J. David Boyle II Senior Vice President Finance and CFO
Mark M. Webber Cfo
Paul Medeiros Senior Vice President of Business Development, Chief Business Officer
Stephen B. Shrewsbury Chief Medical Officer and Senior Vice President of Clinical and Regulatory Affairs
Dwight D. Weller Senior Vice President of Chemistry and Manufacturing
Patrick Iversen Senior Vice President of Research and Development
Peter D. O'Hanley Senior Vice President
Ryszard Kole Senior Vice President of Discovery Research
Janet Rose Rea Vice President of Regulatory Affairs and Quality
Jody Cain Vice President, Lippert, Heilshorn & Associates
Joseph B. Horn Vice President, Cardiology
R. Ray Cummings Vice President of Business Development
Ray Cummings Vice President, Business Development
Shirley J Leow Vice President of Clinical Operations and Project Management
Bruce Voss Managing Director, Lippert, Heilshorn & Associates
K. Michael Forrest Outside Director
Kathleen Behrens Director of Avi
Michael Hubbard Director of Investor Relations, Avi Biopharma, Inc.
Sidney Altman Postdoctoral Fellow In the Laboratory of Dr.
Alan P. Timmins Director

Board of Directors

Name (plus bio) Position
Jack L. Bowman Chairman
Michael D. Casey Chairman of the Board
Christopher S. Henney Board of Directors
Hans Wigzell Board of Directors
William A Goolsbee Board of Directors

Organization Position Status
AVI BioPharma, Inc. President, Chief Executive Officer and Director Current
Hooper Holmes, Inc. Board of Directors Current
DOV Pharmaceutical, Inc. Chief Executive Officer Former
DOV Pharmaceutical, Inc. President Former
Pharmacia Corporation Former
NABI Former
Repligen Corporation Former

Organization Position Status
AVI BioPharma, Inc. CEO and Chief Medical Officer, Drug Safety Solutions Current
Drug Safety Solutions CEO and Chief Medical Officer Current
Drug Safety Solutions Chief Medical Officer Current
Global Drug Development Experts, LLC Clinical Physician Current
AVI BioPharma, Inc. Board of Directors Current

Organization Position Status
AVI BioPharma, Inc. President and Chief Executive Officer, Cygnus, Inc. Current
InterMune, Inc. Senior Vice President and Chief Financial Officer Current
AVI BioPharma, Inc. Chairman Current
Inflazyme Pharmaceuticals Ltd Board of Directors Current
Alpha Innotech Corporation Board of Directors Current
AeroGen, Inc. Board of Directors Current
Immersion Corporation Board of Directors Current
Cygnus, Inc. CEO Former
AeroGen, Inc. Chief Executive Officer Former
AeroGen, Inc. President Former
Cygnus, Inc. President Former
Cygnus, Inc. Chief Financial Officer Former
Cygnus, Inc. Vice President of Finance Former
Central Point Software Officer Former
Cygnus, Inc. Chairman Former
Immersion Corporation Chairman Former
University of Utah M.B.A. Former
Brigham Young University bachelor's degree Former
University of Utah B.S. Former
Brigham Young University bachelor's degree Former

Organization Position Status
AVI BioPharma, Inc. President and Chief Executive Officer, Depomed Inc. Current
IOMED, Inc. Board of Directors Current
Depomed, Inc. Board of Directors Current
AVI BioPharma, Inc. Board of Directors Current
Depomed, Inc. Chief Executive Officer Former
Anergen Chief Executive Officer Former
Prototek Corporation President Former
Anergen President Former
Depomed, Inc. President Former
Prototek Corporation Vice President of Business Development Former
AVI BioPharma, Inc. Director of Avi Former
Prototek Corporation Director of Biomedical Research Former
Depomed, Inc. Chairman Former
University of California, Los Angeles Ph.D. Former
University of Wisconsin B.S. Former

Organization Position Status
XOMA Corporation CFO & Vice President, Finance Current
AVI BioPharma, Inc. Senior Vice President Finance and Cfo Current
Salix Pharmaceuticals, Inc. Chief Financial Officer Former
Polycom, Inc. Chief Financial Officer Former
Salix Pharmaceuticals, Inc. Executive Vice President Former
Salix Pharmaceuticals, Inc. Vice President of Finance for North America Former
Polycom, Inc. Vice President of Finance Former
Emd Serono, Inc. Former
Polycom, Inc. Director Former
The Catholic University of America bachelor of arts degree Former

J. David Boyle II , has served as Senior Vice President and Chief Financial Officer of AVI since August 18, 2008, and as the Company's Secretary since September 29, 2008. In the five years prior to his appointment as the Company's Senior Vice President and Chief Financial Officer, Mr. Boyle worked for both XOMA Ltd., a biopharmaceutical company in the field of therapeutic antibody discovery and development, and Polycom, Inc., a worldwide high technology communications company. Mr. Boyle served as Vice President, Finance and Chief Financial Officer of XOMA Ltd. from July 2005 to August 2008. Prior to his position as Chief Financial Officer, Mr. Boyle served as Vice President, Financial Operations of XOMA Ltd. from January 2005 to July 2005. Mr. Boyle joined XOMA Ltd. in January 2005 from Polycom, Inc. where he served from March 2002 to December 2004, most recently, as Vice President, Finance. Mr. Boyle also brings to the Company extensive global financial leadership experience in the pharmaceutical industry through previous senior leadership positions. Prior to his employment with Polycom, Inc., Mr. Boyle worked for Salix Pharmaceuticals, Ltd. in the US and for Ares Serono Group both in the US and Switzerland. Mr. Boyle holds a Bachelor of Arts degree from Catholic University.

Organization Position Status
AVI BioPharma, Inc. Senior Vice President Finance and CFO Current
Polycom, Inc. Chief Financial Officer Former
Polycom, Inc. Vice President of Finance Former
The Catholic University of America Bachelor of Arts Degree Former

J. David Boyle II , has served as Senior Vice President and Chief Financial Officer of AVI since August 18, 2008, and as the Company's Secretary since September 29, 2008. In the five years prior to his appointment as the Company's Senior Vice President and Chief Financial Officer, Mr. Boyle worked for both XOMA Ltd., a biopharmaceutical company in the field of therapeutic antibody discovery and development, and Polycom, Inc., a worldwide high technology communications company. Mr. Boyle served as Vice President, Finance and Chief Financial Officer of XOMA Ltd. from July 2005 to August 2008. Prior to his position as Chief Financial Officer, Mr. Boyle served as Vice President, Financial Operations of XOMA Ltd. from January 2005 to July 2005. Mr. Boyle joined XOMA Ltd. in January 2005 from Polycom, Inc. where he served from March 2002 to December 2004, most recently, as Vice President, Finance. Mr. Boyle also brings to the Company extensive global financial leadership experience in the pharmaceutical industry through previous senior leadership positions. Prior to his employment with Polycom, Inc., Mr. Boyle worked for Salix Pharmaceuticals, Ltd. in the US and for Ares Serono Group both in the US and Switzerland. Mr. Boyle holds a Bachelor of Arts degree from Catholic University.

Organization Position Status
AVI BioPharma, Inc. Senior Vice President Finance and CFO Current
Polycom, Inc. Chief Financial Officer Former
Polycom, Inc. Vice President of Finance Former
The Catholic University of America Bachelor of Arts Degree Former

Organization Position Status
AVI BioPharma, Inc. Cfo Current
AVI BioPharma, Inc. Director of Finance Former
AVI BioPharma, Inc. Finance Executive Former
University of Oregon B.S. In Accounting Former

Mr. Medeiros joined AVI in May 2009 and brings more than 17 years experience in pharmaceutical and biotechnology business development. He most recently served as Vice President, Global Licensing and Strategic Alliances for Schering-Plough, where he led worldwide specialty product licensing and strategic partnering initiatives. Medeiros joined Schering-Plough in 1996 as marketing planning director, and subsequently held senior positions of increasing responsibility in marketing and business development. Prior to Schering-Plough, Medeiros was employed by Merck & Company, where he held positions in Field Sales, New Product Planning and Worldwide Human Health Marketing. Medeiros holds an A.B. with honors from Brown University and an M.B.A. from Columbia Business School. He is a member of the Licensing Executives Society and the American Marketing Association.

Organization Position Status
AVI BioPharma, Inc. Senior Vice President of Business Development, Chief Business Officer Current
Schering-Plough Corporation Vice President, Global Licensing Current
Schering-Plough Corporation Marketing Planning Director Former
Brown University A.B. With Honors Former

Stephen B. Shrewsbury, M.D. , has served as Chief Medical Officer and Senior Vice President of Preclinical, Clinical and Regulatory Affairs since January 26, 2009. In the five years prior to his appointment as the Company's Chief Medical Officer and Senior Vice President of Preclinical, Clinical and Regulatory Affairs, Dr. Shrewsbury worked as a consultant to the Pharmaceutical Industry (August 2008- January 2009); for Adamas Pharmaceuticals Inc., as Chief Medical Officer & Senior Vice President, Clinical Development, Medical and Regulatory Affairs (from March 2008 to August 2008) a pharmaceutical company in the field of development and commercialization of controlled release products, and MAP Pharmaceuticals Inc., as Chief Medical Officer, Formerly Vice President, Clinical and Regulatory Affairs (from February 2005 to March 2008) a pharmaceutical company, specializing in inhaled delivery of drugs. Prior to his employment with MAP Pharmaceuticals, Inc., Dr. Shrewsbury worked as Senior Director of Clinical Development of Chiron Corporation from July 2002 until February 2005. Prior to joining Chiron, Dr. Shrewsbury held several senior positions at GlaxoSmithKline both in the UK and U.S. from 1993 until 2002. Dr. Shrewsbury holds a Bachelor of Medicine and a Bachelor of Surgery degree from Liverpool, UK.

Organization Position Status
AVI BioPharma, Inc. Chief Medical Officer and Senior Vice President of Clinical and Regulatory Affairs Current

Dwight D. Weller, Ph.D. joined AVI as a director in 1991, serving in that capacity until 2007. He served as Vice President of Chemistry from 1992 to 1997, and has served as Senior Vice President of Chemistry and Manufacturing since 1997. Previously a member of the faculty of Oregon State University since 1978, he was Associate Professor in its Chemistry Department from 1984 to 1992.

Organization Position Status
AVI BioPharma, Inc. Senior Vice President of Chemistry and Manufacturing Current
AVI BioPharma, Inc. Vice President of Research and Development Current
AVI BioPharma, Inc. Director Current
Oregon State University Member of the Faculty Former
University of California, Berkeley PH.D. In Chemistry Former
Lafayette College B.S. In Chemistry Former

Patrick L. Iversen, Ph.D. served as Senior Vice President of Research and Development from 1997 to 2008 (and a director from 1997 to 2007), assuming this new role in 2008. From 1987 through 1997, he was on the staff of the University of Nebraska Medical Center. Dr. Iversen has published extensively on antisense research and development, and has been a consultant to companies including Glaxo Inc., Innovir Pharmaceuticals, Lynx Therapeutics, and Isis Pharmaceuticals.

Organization Position Status
AVI BioPharma, Inc. Senior Vice President of Research and Development Current
Isis Pharmaceuticals, Inc. Consultant Former
AVI BioPharma, Inc. Director Former
University of Utah PH.D. In Biochemical Pharmacology and Toxicology Former
University of Utah B.S. In Biology Former

Organization Position Status
AVI BioPharma, Inc. Senior Vice President Current
Maxygen, Inc. Vice President Former

Prof. Ryszard Kole , Ph.D., is the President and Chairman of Scientific Advisory Board. He is currently a Professor in the Department of Pharmacology and the Lineberger Comprehensive Cancer Center at the University of North Carolina and has been on the faculty of the University since 1983. He was a Visiting Professor at Friedrich Miesher Institute, Ciba-Geigy in Basel, Switzerland (1990). He has published over 80 papers in leading scientific journals and presented his work at numerous national and international meetings. Dr. Kole is on editorial boards of scientific journals, NIH advisory study sections, including Small Business Innovation Research, and a member of the Board of Trustees of the Institute of Biochemistry and Biophysics, Polish Academy of Sciences. He has trained 12 doctoral and 16 post-doctoral students and trainees. Dr. Kole received his M.Sc. degree in Chemistry and Ph.D. degree in Molecular Biology from the University of Warsaw, Poland. His postdoctoral training was at Yale University, including a fellowship at the laboratory of Dr. Sidney Altman, the recipient of the Nobel Prize in RNA maturation. He is a world-class expert in the area of RNA processing and holds several patents for methods of correcting aberrant splicing.

Organization Position Status
Ercole Biotech, Inc. President and Chairman of Scientific Advisory Board Current
AVI BioPharma, Inc. Senior Vice President of Discovery Research Current
The University of North Carolina Professor Current
Ercole, Inc. President Former
Ercole, Inc. Chief Scientific Officer Former
Ercole Biotech, Inc. Senior Vice President of Discovery Research Former
Ercole, Inc. Founder Former
Ercole Biotech, Inc. Scientific Founder Former
Ercole Biotech, Inc. Consultant Former
The Rna Former
Ercole Biotech, Inc. Board of Directors Former

Organization Position Status
AVI BioPharma, Inc. Vice President of Regulatory Affairs and Quality Current
AVI BioPharma, Inc. Senior Director Former
American Hospital Supply Corporation Employee Former

Organization Position Status
Lippert/Heilshorn & Associates Senior Vice President,Principal, Los Angeles Office Current
Sitrick & Co Vice President Current
AVI BioPharma, Inc. Vice President, Lippert, Heilshorn & Associates Current
Dresner Corporate Services, Inc. Vice President Former
Dresner Corporate Services, Inc. Western Region Manager Former
Sitrick & Co Board of Directors Former
University of Washington MA In Communications Former
University of Washington BA Former

Organization Position Status
AVI BioPharma, Inc. Vice President, Cardiology Current

Organization Position Status
AVI BioPharma, Inc. Vice President of Business Development Current
Cummings Consulting LLC President Former
Aradigm Corporation Vice President of Business Development Former
Cummings Consulting LLC Founder Former

Organization Position Status
AVI BioPharma, Inc. Vice President, Business Development Current

Shirley Leow joined the Company in August 2008 and brings more than 35 years experience in the biotech and pharmaceutical industry. Prior to joining AVI, Shirley served in key clinical and program management leadership positions in Xanthus Pharmaceuticals, Wyeth, Navigant Biotechnologies and Pharmacia, managing staff and teams toward successful product candidate transitions from early development to global market launch. She also served on an NIH Scientific Steering Committee in the early fight against AIDS and worked extensively with the National Cancer Institute in numerous drug development programs. Shirley recently received the honor of Cambridge Who’s Who Female Executive Leader of the Year for the pharmaceutical industry.

Organization Position Status
AVI BioPharma, Inc. Vice President of Clinical Operations and Project Management Current
National Cancer Institute Former

Array

Organization Position Status
Lippert/Heilshorn & Associates Managing Director,Principal, Los Angeles Office Current
Edelman Public Relations Worldwide Vice President Former
New York University MBA Former
University of Minnesota BS Degrees Former

Organization Position Status
AVI BioPharma, Inc. Outside Director Current
Inex Pharmaceuticals Corporation Chairman Current
AVI BioPharma, Inc. Board of Directors Current
AVI BioPharma, Inc. Interim CEO Former
United States Air Force Former
Georgetown University B.S. In Business Administration Former

M. Kathleen Behrens, Ph.D. , has served as a director of AVI since March 31, 2009. Dr. Behrens' career spans the financial services and biotechnology sectors, as well as healthcare policy. Dr. Behrens served as a member of the President's Council of Advisors on Science and Technology (PCAST) from 2001 to early 2009 and she was Chair of PCAST's Subcommittee on Personalized Medicine. She has served as a public-market biotechnology securities analyst as well as venture capitalist focusing on healthcare, technology and related investments. She was instrumental in the founding of several biotechnology companies including Protein Design Labs, Inc. and COR Therapeutics, Inc., and more recently was a Director of Abgenix, Inc., which was acquired by Amgen in 2006. She worked for Robertson Stephens & Co. from 1983 through 1996, serving as a general partner and managing director. Dr. Behrens continued in her capacity as a General Partner for selected venture funds for RS Investments from 1996 through today. From 1997 to 2005, she was a director of the Board on Science, Technology and Economic Policy (STEP) for the National Research Council, and from 1993 to 2000 she was a director, President, Chair and Past Chair of the National Venture Capital Association. Dr. Behrens holds a Ph.D. in Microbiology from the University of California, Davis.

Organization Position Status
AVI BioPharma, Inc. Director of Avi Current
Robertson, Stephens & Company Current
HealthTrio Inc. Director Current
Amylin Pharmaceuticals, Inc. Board of Directors Current
RS Investments General Partner Former
RS Investments Consultant Former
National Research Council Director Former
University of California, Davis PH.D. In Microbiology Former
University of California, Davis Trustee Former

Organization Position Status
AVI BioPharma, Inc. Director of Investor Relations, Avi Biopharma, Inc. Current
AVI BioPharma, Inc. Broker Former

Organization Position Status
AVI BioPharma, Inc. Postdoctoral Fellow In the Laboratory of Dr. Current

Organization Position Status
AVI BioPharma, Inc. Chairman Current
AVI BioPharma, Inc. Director Current
Celgene Corporation Director Current
American Cyanamid Company Executive Vice President Former
The Johns Hopkins University member Former
NeoRx Corporation chairman Former
Johnson & Johnson Group Chairman Former
Targeted Genetics Corporation Board of Directors Former
Western Washington University B.Ed. Former

Organization Position Status
DURECT Corporation Director, Chairman of the Nominating and Governance Committee Current
Allos Therapeutics, Inc. Pharmaceutical Industry Consultant Current
DURECT Corporation Director Current
Cholestech Corporation Director Current
Lead Discovery Board of Directors Current
AVI BioPharma, Inc. Director Current
Bone Care International, Inc. Director Current
Celgene Corporation Board of Directors Current
Inex Pharmaceuticals Corporation Director Current
Orthologic Corporation Director Current
Allos Therapeutics, Inc. Director Current
Multiple Myeloma Committee Member Current
Pharmion Corporation Committee Member Current
Rare Diseases Clinical Research Network Committee Member Current
Genetic Therapy, Inc. President Former
Genetic Therapy, Inc. Chief Operating Officer Former
Ortho Pharmaceutical Corporation Vice President, Sales and Marketing Former
Johnson & Johnson Vice President of Sales and Marketing Former

Organization Position Status
AVI BioPharma, Inc. Director Current
AVI BioPharma, Inc. President & Coo Former
AVI BioPharma, Inc. Executive Vice President Former
Stanford University M.B.A. Former
University of Portland B.B.A. In Accounting and Management Former

Organization Position Status
AVI BioPharma, Inc. Board of Directors Current

Professor of Immunology, and President, Karolinska Institute Professor Wigzell has been the President of the Karolinska Institute since 1995. He graduated from the Karolinska Institute as a Physician (MD). He also attained a DSc and took a post as a special cancer scientist with the Swedish Cancer Society. In 1971 he returned to the Karolinska as Acting Associate Professor in the Department of Tumor Biology. After two years he became a Professor in the Department of Immunology at Uppsala University Medical School. In 1982 he returned again to the Karolinska as a Professor in the Department of Immunology and in 1988 he became Director General of the National Bacteriological Laboratory in Stockholm.

Organization Position Status
Parallel Solutions, Inc Advisor and Founder Current
Affibody Ab Och Inforsense, Ltd. Co-Founder Current
EntreMed, Inc. Professor Current
Karolinska Development Chairman of the Board Current
EntreMed, Inc. Board of Directors Current
Parallel Solutions, Inc Board of Directors Current
Karolinska Investment Fund Board of Directors Current
Affibody Ab Och Inforsense, Ltd. Board of Directors Current
Epiphany Biosciences, Inc. Board of Directors Current
AVI BioPharma, Inc. Board of Directors Current
Karolinska Institute President Former
Karolinska Institute Chief Scientific Advisor Former
Karolinska Institute Physician Former
Uppsala University Professor Former
Karolinska Institute M.D. Former

Organization Position Status
AVI BioPharma, Inc. Board of Directors Current
AVI BioPharma, Inc. Chairman, Bmg Pharma Llc Former
University of California, Santa Barbara Bachelor of Arts Degree Former

Executive News

  • AVI BioPharma, Inc. (AVII) Presenting at Rodman & Renshaw Global Investment Conference

    BioSpace - 9/03/09 - View Story

  • AVI BioPharma Phase 1 Proof of Concept and Safety Data for

    Market Wire via MSN Money - 8/25/09 - View Story

  • AVI BioPharma to Present Safety Data in Duchenne Muscular

    Market Wire via MSN Money - 8/25/09 - View Story

  • Biotech Dealmaking Takes a Summer Breather

    Seeking Alpha - 8/23/09 - View Story

  • AVI BioPharma, Inc. (AVII) Announces Second Quarter 2009 Financial Results & Corporate Highlights

    BioSpace - 8/11/09 - View Story

  • AVI BioPharma Announces Second Quarter 2009 Financial Results &

    Market Wire via MSN Money - 8/10/09 - View Story

  • AVI BioPharma Announces Second Quarter 2009 Financial Results & Corporate Highlights

    Market Wire - 8/10/09 - View Story

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     AVII $1.48 -0.01 (-0.67% )
Average Volume 3,482,660
Shares Outstanding 110.44M
Market Cap 163.4M
Year High 2.73
Year Low 0.46
Earnings Per Share -0.33
P/E Ratio -4.48
Dividend N/A
Yield N/A
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