BNET Industries

Market Cap:$452.8M
Last Fiscal Year Sales:$301.0M
  • Public
  • US
Dow Jones Description

We are a clinical laboratory located in northeastern New Jersey. Our regional footprint lies within the New York City metropolitan area and the surrounding areas of New Jersey and southern New York State as well eastern Pennsylvania and some areas of western Connecticut; under certain circumstances, we provide services further into New York State, Pennsylvania, Delaware and Maryland. As a regional provider, we are a full-service laboratory that primarily services physician office practices; our drivers pick up samples and deliver reports and supplies, we provide sophisticated technical support, phlebotomy services or patient service centers where appropriate, and electronic communication services in many cases. We have also developed a national reputation for our expertise in certain focused areas of clinical testing. GenPath, the label under which we provide our cancer and oncology services, is recognized for the superior hematopathology services it provides throughout the country. Physicians outside of our regional footprint send samples to our laboratory in order to take advantage of the expertise that we are able to provide in blood-based cancer pathology and associated diagnostics. Our correctional healthcare services are used throughout the country at prisons and jails. The focused markets we serve on a national basis outside of our regional footprint do not require many of the logistical and other ancillary support services required within the region. ...

President, CEO, Chairman of the Board
Marc D Grodman
Number of Employees 1,484
Contact Information

481 Edward H Ross Dr

Elmwood Park, New Jersey 07407-3118

bioreference.co...

(201) 791-2600

NAICS Code Medical Laboratories: 621511

Recent Events

  • Practice Fusion and BioReference Laboratories Partner to Offer Free EHR to Physicians

    9/26/09 - Joint Venture / Alliance - View Story

  • Bio-Reference Laboratories Q3 Profit Up, Beats Estimates - Update

    9/02/09 - Financial Announcement - View Story

News & Analysis

bio-reference laboratories inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Bader Maria Pedemonte-Coira Chief Medical Officer
Howard Dubinett Executive Vice President, Chief Operating Officer and Director
James Weisberger Chief Medical Officer
Sam Singer Senior Vice President, Cfo
Azmy Awad Senior Vice President
Charles Todd Senior Vice President, Sales and Marketing
Scott Fein Senior Vice President
Amar Kamath Vice President of Marketing
Chris Smith Vice President, Director of Phlebotomy
John W. Littleton Vice President
Maryanne Amato Vice President of Genpath
Nicholas Papazicos Vice President of Financial Operations, CPA
Robert Rush Vice President
Roman Kozak Vice President & Director, It
Ron Rayot Vice President, Director of Logistics
Edward Clayton Director of Technical Sales and Marketing
Kathleen Phillips Director, Quality Systems
Nick Cetani Senior Vice President, Director of Operations
Sally Howlett Director, Billing
Stephen Marshall Director, Acq
Tara Mackay Director of Investor Relations
Warren Erdmann Senior Vice President, Director of Operations
Ada Gazzillo Operations Manager
Estrella Moran Technical Services Manager
John Velasquez Evening Laboratory Manager
Marisol Aviles Client Service Manager
Patricia Neybold Laboratory and Operations Manager
Kara Sheffel Investor Relations Coordinator
Sherri Bale
Morton L. Topfer Director

Board of Directors

Name (plus bio) Position
Marc D Grodman President, CEO, Chairman of the Board
Gary Lederman Chairman
John Roglieri Chairman
Harry Elias Board of Directors
Joseph Benincasa Board of Directors

Marc Grodman, M.D. is the Chief Executive Officer of BioReference Laboratories, Inc. (NASDAQ: BRLI) He has been the CEO since the Company's inception and has led it through public offering, transformation from a medical services operation to a clinical reference laboratory to its current e-Healthcare information and connectivity provider status. Dr. Grodman presided over the continual growth of BRLI despite significant market downturns to the industry in the 1990's. While Dr. Grodman devotes nearly all of his time to his duties at BRLI, he is an Assistant Professor of Clinical Medicine at Columbia University College of Physicians and Surgeons and Assistant Attending Physician at Presbyterian Hospital, New York City. From 1980 to 1983, Dr. Grodman attended the Kennedy School of Government at Harvard University and was a Primary Care Clinical Fellow at Massachusetts General Hospital. From 1982 to 1984, he was a medical consultant to the Metal Trades Department of the AFL-CIO. Since 1984 Dr. Grodman has been a medical consultant with the Uniformed FireFighters Association of NYC. Dr. Grodman received a B.A. degree from the University of Pennsylvania in 1973 and an M.D. degree from Columbia University College of Physicians and Surgeons in 1977.

Organization Position Status
Bio-Reference Laboratories, Inc. President, CEO, Chairman of the Board Current
Columbia University College of Physicians and Surgeons Assistant Professor of Clinical Medicine Current
Careevolve Chairman of Board Current
Valumed Systems, Inc. President and Chief Executive Officer Former
Massachusetts General Hospital Fellow Former
Columbia University College of Physicians and Surgeons M.D. Degree Former
University of Pennsylvania B.A. Degree Former
John F. Kennedy School of Government Former

Organization Position Status
Bio-Reference Laboratories, Inc. Chief Medical Officer Current

Organization Position Status
Bio-Reference Laboratories, Inc. Executive Vice President, Chief Operating Officer and Director Current
Bio-Reference Laboratories, Inc. Board of Directors Current

Dr. Weisberger has served as Assistant Professor of Pathology and Medicine at New York Medical College, NYC, and Attending Physician at Westchester Medical Center, Valhalla, NY. He was Chief Resident in Pathology at Westchester Medical Center and completed a fellowship in hematopathology at the New York Hospital-Cornell Medical Center, NYC, under Dr. Daniel Knowles. He earned both a BS and an MS from Stanford University, Palo Alto, CA. He received his MD from the University of Pennsylvania, Philadelphia. Dr. Weisberger continues to teach at New York Medical College as Assistant Professor of Pathology and Medicine. He is board certified in internal medicine, hematopathology, and anatomic and clinical pathology.

Organization Position Status
Genpath Vice President and Chief Medical Officer Current
Bio-Reference Laboratories, Inc. Chief Medical Officer Current
New York Medical College Assistant Prof Former
West Chester Medical Center Attending Physician Former
Impath, Inc. Former
Stanford University MS Former
Stanford University BS Former

Sam Singer is a twenty-eight year financial executive with over thirteen year's SEC experience. He has been the CFO of BRLI since 1987 and has been involved in all phases of its public offerings, to include its secondary offering and all of its private placements. He was instrumental in securing the Company's fourteen million-dollar asset based line of credit with PNC Bank. Mr. Singer received a B.S. degree in 1971 from Strayer University in Data Processing with additional majors in accounting and economics and an M.B.A degree from Rutgers University in 1972. Mr. Singer is a private pilot and is on the boards of several non-profit organizations.

Organization Position Status
Bio-Reference Laboratories, Inc. Senior Vice President, Cfo Current
Bio-Reference Laboratories, Inc. Director Current

Organization Position Status
Bio-Reference Laboratories, Inc. Senior Vice President Current

Organization Position Status
Bio-Reference Laboratories, Inc. Senior Vice President, Sales and Marketing Current

Organization Position Status
Bio-Reference Laboratories, Inc. Senior Vice President Current
Bio-Reference Laboratories, Inc. Manager Former

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President of Marketing Current
Bio-Reference Laboratories, Inc. Director of Marketing Former

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President, Director of Phlebotomy Current

John W. Littleton (Age 48) joined the Company in September 2002 as a Vice President engaged in Sales. Prior to joining the Company, Mr. Littleton was Vice President of Sales for Specialty Laboratories and the Northeast Regional Vice President of Sales for Quest Diagnostics. He received a B.A.. degree from Seton Hall University in 1983. John Bennett, M.D., Scientific Advisory Board Chairman, is Professor Emeritus at the University of Rochester Medical Center, Rochester, New York. Dr. Bennett has long been recognized as an intellectual force in the treatment and understanding of leukemias, lymphomas and other cancer-related diseases. He established the French-American-British (FAB) Leukemia Working Group and is one of the world s leading authorities on Myelodysplasia. He is founder and Chairman of the MDS Foundation, as well as Editor of the Journal of Leukemia Research. Dr. Bennett is currently Professor Emeritus and former Head of the Medical Oncology Unit at the University of Rochester Medical Center and formerly was a Professor of Oncology in Medicine, Pathology and Laboratory Medicine at the University of Rochester Medical School. For nearly four decades, Dr. Bennett has been honored by the medical community as an expert in the field of oncology as evidenced by the numerous chairs he has held in prestigious societies and committees and his authorship of more than 400 publications in peer review journals, the majority of which are in the area of hematologic malignancies. Dr. Bennett earned his B.A. from Harvard University and his M.D. from Boston University. He served his residency in medicine at Beth-Israel Hospital, Boston, Massachusetts and completed a fellowship in hematology at Boston City Hospital. He headed the Morphology and Cytochemistry Section of the Clinical Center at the National Institute of Health ( NIH ) before joining the faculty at the University of Rochester. Dr. Bennett serves the Company in an advisory capacity as chairman of our Scientific Advisory Board.

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President Current
The Mds Foundation Founder Current
Specialty Laboratories, Inc. Vice President of Sales Former
Quest Diagnostics Incorporated Regional Vice President of Sales Former
The Mds Foundation Chairman Former

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President of Genpath Current

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President of Financial Operations, CPA Current

Dr. Rush is a certified Laboratory Director in the states of New York and New Jersey and is a diplomate of the American Board of Clinical Chemistry. He has numerous important publications and patents in the field of clinical biochemistry. Dr. Rush has extensive practical experience as a Laboratory Director, and has held senior positions in many of the top clinical laboratories in the U.S., including SmithKline BioScience Laboratories, Technicon and National Health Laboratories. He is currently Laboratory Director and Vice President at Bio-Reference Laboratories. Dr. Rush has expertise in many areas of clinical chemistry including setting up and managing specialized laboratories, and in the maintenance of technical procedures, quality control, and production schedules.

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President Current
Bio-Reference Laboratories, Inc. Laboratory Director Current
Nymox Pharmaceutical Corporation Clinical Chemistry Laboratory Director Current

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President & Director, It Current

Organization Position Status
Bio-Reference Laboratories, Inc. Vice President, Director of Logistics Current

Organization Position Status
Bio-Reference Laboratories, Inc. Director of Technical Sales and Marketing Current

Organization Position Status
Bio-Reference Laboratories, Inc. Director, Quality Systems Current
Bio-Reference Laboratories, Inc. Board of Directors Current

Organization Position Status
Bio-Reference Laboratories, Inc. Senior Vice President, Director of Operations Current

Organization Position Status
Bio-Reference Laboratories, Inc. Director, Billing Current

Organization Position Status
Bio-Reference Laboratories, Inc. Director, Acq Current

Organization Position Status
Bio-Reference Laboratories, Inc. Director of Investor Relations Current
Bio-Reference Laboratories, Inc. Coordinator, IR Current

Organization Position Status
Bio-Reference Laboratories, Inc. Senior Vice President, Director of Operations Current

Organization Position Status
Bio-Reference Laboratories, Inc. Operations Manager Current

Organization Position Status
Bio-Reference Laboratories, Inc. Technical Services Manager Current

Organization Position Status
Bio-Reference Laboratories, Inc. Evening Laboratory Manager Current

Organization Position Status
Bio-Reference Laboratories, Inc. Client Service Manager Current

Organization Position Status
Bio-Reference Laboratories, Inc. Laboratory and Operations Manager Current

Organization Position Status
Bio-Reference Laboratories, Inc. Investor Relations Coordinator Current

Organization Position Status
Genedx, Inc. President Current
Genedx, Inc. Founder Current
Genedx, Inc. Clinical Director Current
Genpath Clinical Director Current
Bio-Reference Laboratories, Inc. Current
American College of Medical Genetics Board of Directors Current
American College of Medical Genetics Member Current
Skin Biology, Inc. Section Chief Former
University Corp. PhD In Human Genetics Former
University of Pittsburgh M.S. Former

Organization Position Status
Bio-Reference Laboratories, Inc. Chairman Current
Bio-Reference Laboratories, Inc. Board of Directors Current
New York University School of Law J.D. Degree Former
Brooklyn College B.A. Degree Former

Organization Position Status
Bio-Reference Laboratories, Inc. Chairman Current
Bio-Reference Laboratories, Inc. Board of Directors Current
Physician Weblink Chief Medical Officer Former
Harvard Medical School M.D. Degree Former
Harvard Medical School B.S. Degree In Chemical Engineering Former

Organization Position Status
Bio-Reference Laboratories, Inc. Board of Directors Current

Organization Position Status
Bio-Reference Laboratories, Inc. Board of Directors Current
Broadway Cares/Equity Fights Aids Board of Directors Current
St. Joseph's University B.A. Degree Former

Mr. Topfer is managing director of Castletop Capital. Previously, he served at Dell in both the role of vice chairman and as counselor to Dell's chief executive officer, advising in matters of critical importance to the company. Prior to his service at Dell from 1994 to 2002, Mr. Topfer served 23 years at Motorola, Inc. where he held several executive positions that spanned the full range of Motorola's global business. Before that, he spent 11 years at RCA laboratories in various research and development, and management positions, during which time he wrote a book on thick-film electronics. He began his professional career as a research engineer with Kollsman Instruments Corporation in New York. Mr. Topfer was conferred the Darjah Johan Negeri Penang State Award in July 1996 by the Governor of Penang for contributions to the development of the electronics industry in Malaysia. He serves as a director for Alliance Gaming and Bio Reference Laboratories. Mr. Topfer also serves on the advisory board of Singapore Technologies.

Organization Position Status
Castletop Capital Managing Director Current
British Sky Broadcasting Group plc Current
Bio-Reference Laboratories, Inc. Director Current
Bally Technologies, Inc. Director Current
Rein Capital, LLC Advisory Member Current
Advanced Micro Devices, Inc. Board of Directors Current
Dell Inc. Counselor Former
Dell Inc. Vice Chairman Former

Executive News

  • Bio-Reference Labs profit tops Wall Street views

    CNBC - 9/02/09 - View Story

  • UPDATE 1-Bio-Reference Labs Q3 beats mkt; shrs hit lifetime high

    Reuters - 9/02/09 - View Story

  • Bio-Reference Laboratories, Inc. Announces Continued Strong Growth Across All Laboratory Divisions

    Business Wire - 9/02/09 - View Story

  • BioReference Laboratories, Inc. Announces Earnings Date for Third Quarter for Fiscal Year 2009

    Reuters - 8/26/09 - View Story

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     BRLI $32.75 +0.81 (2.54% )
Average Volume 97,888
Shares Outstanding 13.83M
Market Cap 452.9M
Year High 36.2497
Year Low 20.07
Earnings Per Share 1.43
P/E Ratio 22.90
Dividend N/A
Yield N/A
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