BNET Industries

Market Cap:$537.0M
Last Fiscal Year Sales:$8.7M
  • Public
  • US
Dow Jones Description

We are a development stage biopharmaceutical company dedicated to the development and commercialization of recombinant human enzymes for the infertility, ophthalmology, and oncology markets. Our operations to date have been limited to organizing and staffing the Company, acquiring, developing and securing its technology and undertaking product development for a limited number of product candidates. As the Company has not begun principal operations of commercializing a product candidate, the financial statements have been presented as a development stage company. DeliaTroph Pharmaceuticals, Inc. (?DeliaTroph?), our predecessor company, was incorporated on February 26, 1998. Effective March 11, 2004, DeliaTroph (which was doing business at the time as Hyalozyme Therapeutics, Inc.), Global Yacht Services, Inc. (?Global?), a publicly traded Nevada corporation and Hyalozyme Acquisition Corporation (?Merger Sub?), a wholly owned subsidiary of Global, completed a transaction in which Merger Sub merged with and into DeliaTroph (the ?Merger?), with DeliaTroph surviving as a wholly owned subsidiary of Global.

Vice President & Chief Financial Officer
David A. Ramsay
Number of Employees 129
Contact Information

11588 Sorrento Valley Road

Suite 17

San Diego, California 92121

www.halozyme.co...

(858) 794-8889

NAICS Code Biological Product (except Diagnostic) Manufacturing: 325414

Recent Events

  • ProMetic Life signs five-year supply seal with Halozyme

    11/09/09 - Joint Venture / Alliance - View Story

  • Halozyme takes bigger loss on testing expenses

    11/06/09 - Financial Announcement - View Story

  • Baxter Announces the Commercial Launch of HYLENEX at ACEP for Use in Pediatric Rehydration

    10/05/09 - Licensing / Contract - View Story

  • Baxter Announces the Commercial Launch of HYLENEX at ACEP for Use in Pediatric Rehydration

    10/05/09 - Licensing / Contract - View Story

  • Company, People, and Regulatory Briefs: Amgen and GSK Collaborate; WuXi Appoints VP of Pharmacology; More...

    7/29/09 - Mgmt. Change Entering - Vice President - View Story

  • Halozyme Therapeutics Taps Michael Shepard as VP of Discovery Research

    6/20/09 - Mgmt. Change Entering - Vice President - View Story

  • Halozyme Therapeutics Names VP

    6/17/09 - Mgmt. Change Entering - Vice President - View Story

News & Analysis

call transcript and halozyme therapeutics inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
David A. Ramsay Vice President & Chief Financial Officer
Gregory I. Frost Vice President & Chief Scientific Officer and Director
Robert Little Vice President & Chief Commercial Officer
Mark Wilson Vice President of Business Development
Louis H. Bookbinder Director of Biochemistry
Edward L. Mercaldo Director
Robert L. Engler Director

Board of Directors

Name (plus bio) Position
Ken Kelley Board Member

David A. Ramsay, MBA (39), Vice President & Chief Financial Officer. Mr. Ramsay joined Halozyme in 2003 and brings 17 years of corporate financial experience spanning several industries. From 2000 to 2003, he was Vice President, Chief Financial Officer of Lathian Systems, a leading provider of technology-based sales solutions for the life sciences industry. Prior to Lathian, Mr. Ramsay was the Vice President, Treasurer of ICN Pharmaceuticals, a multinational, specialty pharmaceutical company with approximately $800 million in revenue and a market capitalization of $3 billion at the time. Mr. Ramsay joined ICN in 1998 from ARCO, where he spent four years in various financial roles, most recently serving as Manager of Financial Planning & Analysis for the company s 1,7 00-station West Coast Retail Marketing Network. Prior to ARCO, he served as Vice President, Controller for Security Pacific Asian Bank, a $500 million subsidiary of Security Pacific Corporation. He began his career as a Senior Auditor (CPA) at Deloitte & Touche after graduating from the University of California, Berkeley with a BS degree in Business Administration. Mr. Ramsay earned his MBA degree with a dual major in Finance and Strategic Management from The Wharton School at the University of Pennsylvania.

Organization Position Status
Halozyme Therapeutics, Inc. Vice President & Chief Financial Officer Current
Hyalozyme Vice President & Chief Financial Officer Current
Lathian Systems, Inc. Vice President, Chief Financial Officer Former
ICN Pharmaceuticals Vice President, Treasurer Former
University of California, Berkeley Senior Auditor Former
Wharton Graduate School of the University of Pennsylvania MBA Degree Former
University of California, Berkeley BS Degree In Business Administration Former
University of California, Berkeley Business Administration Former

Gregory I. Frost, PhD (32), Vice President & Chief Scientific Officer and Director. Dr. Frost joined Halozyme in 1999 and has spent more than ten years researching the hyaluronidase family of enzymes. From 1998 to 1999, he was a Senior Research Scientist at the Sidney Kimmel Cancer Center (SKCC), where he focused much of his work developing the hyaluronidase technology. Prior to SKCC, his research in the Department of Pathology at the University of California, San Francisco, led directly to the purification, cloning, and characterization of the human hyaluronidase gene family, and the discovery of several metabolic disorders. He has authored over 13 scientific peer-reviewed and invited articles in the Hyaluronidase field and is an inventor on numerous patents. Frost s prior experience includes serving as a scientific consultant to a number of biopharmaceutical companies, including Q-Med (SE), Biophausia AB (SE), and Active Biotech (SE). Dr. Frost is registered to practice before the US Patent Trademark Office, and earned his BA in biochemistry and molecular biology from the University of California, Santa Cruz, and his PhD in the department of Pathology at the University of California, San Francisco, where he was an ARCS-Scholar.

Organization Position Status
Halozyme Therapeutics, Inc. Vice President & Chief Scientific Officer and Director Current
Hyalozyme Halozyme's Vice President and Chief Scientific Off Current
Hyalozyme Board of Directors Current
Sidney Kimmel Cancer Center Senior Research Scientist Former
QMed, Inc. Scientific Consultant Former
Halozyme Therapeutics, Inc. Director Former
University of California, San Francisco Ph.D. Former
University of California Santa Cruz BA In Biochemistry Former

Organization Position Status
Neurocrine Biosciences, Inc. Senior Vice President, Operations Current
Halozyme Therapeutics, Inc. Vice President & Chief Commercial Officer Current
Pharmacia Corporation President and Managing Director Former
Pharmacia & Upjohn President Former
Pfizer Inc. Former
London Business School Former

Organization Position Status
Hyalozyme Vice President of Business Development Current
Halozyme Therapeutics, Inc. Vice President of Business Development Current
August Capital Administrative partner Current
Private-Practice.Com Lawyer Current
TRW, Inc. Current
Ferro Corporation Current
Agouron Pharmaceuticals, Inc. Director of Materials Former
Agouron Pharmaceuticals, Inc. Materials Manager Former
System Industries general counsel Former
Pfizer Inc. Former
Hybritech Former
Anderson School of Management Mba Degree Former
University of California, Berkeley Bs Degree In Engineering Former
Stanford University J D Former

Louis H. Bookbinder, PhD (46), Director of Biochemistry. Dr. Bookbinder joined Halozyme in 2002. Dr. Bookbinder has extensive experience in the biotechnology industry, serving as a Consulting Research Scientist to a number of companies, including Molecular Diagnostic Solutions-USA (San Diego, CA), Zygam, Inc. (Vista, CA), Mycoferm Technologies (Bellevue, WA), and Syrrx, Inc. (San Diego, CA), from 2001 to 2002. From 1995 to 2001, he was a Principal Investigator and Senior Staff Scientist at Tera Biotechnology Corporation (San Diego, CA) and Favrille, Inc. (San Diego, CA), a VC funded spin-off of Tera Biotechnology. Dr. Bookbinder s scientific background includes Senior Research Scientist at the Sidney Kimmel Cancer Center; Research Scientist at the La Jolla Institute for Ex perimental Medicine; Research Fellow at the Scripps Research Institute; and Senior Research Fellow at the University of Washington. He has authored multiple scientific peer-reviewed articles in leading journals such as Science, Journal of Cellular Biology, and FASEB, and is a named inventor on numerous patents. Dr. Bookbinder earned his BA in biology at the University of California, Los Angeles, his MS in zoology at the University of Maine, Orono, and his PhD in biology at the University of California, San Diego.

Organization Position Status
Halozyme Therapeutics, Inc. Director of Biochemistry Current
Sidney Kimmel Cancer Center Senior Research Scientist Current
The Scripps Research Institute Fellow Current
University of California, San Diego PhD In Biology Former
University of Maine Ms In Zoology Former
University of California, Los Angeles Ba In Biology Former
University of Washington Former

Edward L. Mercaldo (62), Director. Mr. Mercaldo is a Financial Consultant and private investor, following his successful career as an International Commercial and Investment Banker for several leading companies including Bank of Montreal, Bankers Trust Company of New York, Gordon Capital and First Marathon Securities. Mr. Mercaldo also served as Executive Vice President, Chief Financial Officer and Director of Diamond Fields Resources, Inc., and following the purchase of Diamond Fields by Inco Ltd. in August 1996, he continued as a Director of Inco until September 2000. Mr. Mercaldo has served as a self-employed consultant to numerous companies for the past five years.

Organization Position Status
Bankers Trust Company Inc. Investment Banker Current
Bank of Montreal Investment Banker Current
Quest Capital Corp. Board of Directors Current
Halozyme Therapeutics, Inc. Director Current
Diamond Fields International Ltd. Former
Ivanhoe Mines Ltd. Former
Quest Capital Corp. Board of Directors Former

Organization Position Status
Svod Current
Fluxion Biosciences Inc Executive Chairman Current
Numerate, Inc. Board of Directors Current
Hyalozyme Board of Directors Current
Halozyme Therapeutics, Inc. Board Member Current
Life Science Angels, Inc. Board of Director Current
Mpex Pharmaceuticals Board Member Current
Ardea Biosciences, Inc.De CEO Former
Ardea Biosciences, Inc.De Founder Former
Latterell Venture Partners General Partner Former
McKinsey & Company, Inc. Consultant Former
Institutional Venture Partners Associate Former
Ardea Biosciences, Inc.De Chairman Former
Stanford University M.B.A. Former
Harvard University B.A. In Biochemical Sciences Former

Dr. Engler was co-founder of Collateral Therapeutics and served as a Director from 1995 to 2000 and as Vice President -- Medical Director from 1995 through 1998. Currently, Dr. Engler is Professor of Medicine Emeritus at the University of California, San Diego (UCSD). He was Professor of Medicine at UCSD, Associate Chief of Staff for Research and Development at the Veterans' Affairs Medical Center, and a faculty member of the Institute for Biomedical Engineering at UCSD. He served as director of Coronary Care at the VA Hospital and was a clinical cardiologist until 2001 when he retired from UCSD and the VA Hospital to continue his work in the development of innovative agents for cardiovascular therapy. From 1985 to 1997, Dr. Engler was a Scientific Advisor to Gensia. Dr. Engler is a director of Halozyme Therapeutics, a publicly-traded biotechnology company. He received a B.A. in Physics from the University of North Carolina and his medical degree from Georgetown University.

Organization Position Status
Cardium Therapeutics, Inc Chief Medical Advisor Current
Tissue Repair Company Chief Medical Advisor Current
Collateral Therapeutics, Inc. Co-Founder Current
Lpath, Inc. Board of Directors Current
Pericor Therapeutics, Inc. Board of Directors Current
Cardium Therapeutics, Inc Board of Directors Current
Coda Genomics Board of Directors Current
Halozyme Therapeutics, Inc. Director Current
Cardium Therapeutics, Inc Vice President Former
Tissue Repair Company Vice President Former
Gensia, Inc. Founder Former
University of California, San Diego Professor of Medicine Current
Georgetown University Degree Former
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     HALO $5.86 -0.04 (-0.68% )
Average Volume 359,788
Shares Outstanding 91.65M
Market Cap 537.1M
Year High 8.09
Year Low 3.03
Earnings Per Share -0.76
P/E Ratio -7.71
Dividend N/A
Yield N/A
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