BNET Industries

Market Cap:$422.8M
Last Fiscal Year Sales:$63.7M
  • Public
  • US
Dow Jones Description

Formerly Novitron International, Inc., Clinical Data, Inc. is currently listed on the Nasdaq Global Market under the trading symbol CLDA. In 2005, the Company completed a $12 million private placement and a number of acquisitions that significantly altered the Company's breadth and depth of services offered to customers. In the process, the Company migrated from being solely a traditional diagnostics company as a provider of lab equipment, reagents and support services to medium-sized physician practices to also becoming a leader in molecular and pharmacogenomics services such as genomics (including pharmacogenomics), pharmacogenetics, proteomics, metabolomics and related sciences. In 2007, Clinical Data acquired Epidauros Biotechnologie AG: - Privately held Epidauros Biotechnologie AG of Bernried, Germany was acquired in a cash transaction valued at 8.75 million euros (or approximately $11.84 million). Epidauros investigates the genetic factors that influence a person's response to a drug and makes drug development and therapy safer, more efficient and more predictive. The company is a worldwide leading Pharmacogenetic Research Organization providing innovative, integrated and value-added solutions to an international customer base consisting of pharmaceutical companies, CROs and other companies acting in the field of health care. Epidauros brings to Clinical Data an established portfolio of proprietary genetic biomarkers, expertise in genetic biomarker discovery,...

President and Chief Executive Officer
Drew Fromkin
Number of Employees 161
Contact Information

1 Gateway Ctr Ste 411

Newton, Massachusetts 02458

clda.com

(617) 527-9933

NAICS Code Analytical Laboratory Instrument Manufacturing: 334516

Recent Events

  • Clinical Data CLDA Posts Q2 Loss of $0.79, Misses by 9c

    11/09/09 - Financial Announcement - View Story

  • Tarriff joins Clinical Data board

    9/18/09 - Board Member - Entering - View Story

  • Clinical Data in $252 million deal with CombinatoRx to develop novel cancer therapy

    9/05/09 - Joint Venture / Alliance - View Story

  • Intrexon takes over Avalon Pharmaceutical’s Germantown facility

    9/02/09 - Sites Leased - View Story

  • Clinical Data, Inc. Reports First Quarter Fiscal 2009 Results

    8/10/09 - Financial Announcement - View Story

  • Emergent gets boost from FDA

    6/25/09 - Merger / Acquisition - View Story

  • Clinical Data Q4 loss widens on higher research and development costs - Update

    6/15/09 - Financial Announcement - View Story

Decision Makers

Name (plus bio) Position
Drew Fromkin President and Chief Executive Officer
C. Evan Ballantyne Chief Financial Officer
Caesar J. Belbel Chief Legal Officer, General Counsel, Secretary, Executive Vice President & Vice President
Carol Reed Executive Vice President & CMO
Evan Ballantyne Senior Vice President and Cfo
Evan Ballantyne Charles Senior Vice President, Cfo
Garth G. Gardner COO & Senior Vice President
John A. Schultz Senior Vice President, Licensing & Strategic Dev
Meeta Patnaik Senior Vice President, Predictive Diagnostics Dev
Joseph Vacante Vice President, Sales, North America
Lisa Chanil Vice President, Client Services, Pgxhealth
Lynn Ferrucci Vice President, Human Resources MS
Marcia Lewis Vice President, Biomarker Dev
Theresa McNeely Vice President, Corporate Communications
William Vernier Vice President, Operations PGxHealth Division
Michael Lutz Global General Manager
Robert Bondaryk Senior Vice President and General Manager, Cogenics Dr
James Mulry Director, Marketing, Hematology
Andrew Vaino
Gus Gardner

Board of Directors

Name (plus bio) Position
Arthur B. Malman Chair
Larry D. Horner Chair
Randal J. Kirk Chairman
Andrew J. Fromkin Board of Directors
Burton E. Sobel Board of Directors
G. Burrill Board of Directors
Israel M. Stein Vice Chairman
John Wallace Richard Board of Directors
Joseph Klein III Board of Directors
Richard Wallace Board of Directors

Organization Position Status
Clinical Data Inc. President and Chief Executive Officer Current
Ethidium Health Systems, LLC Acting CEO Current
Adenosine Therapeutics, LLC President and Chief Executive Officer Current
Clinical Data Inc. Chief Marketing Officer Current
Crossix Business Consultant Current
Adenosine Therapeutics, LLC Board of Directors Current
Clinical Data Inc. Board of Directors Current
Crossix Advisory Board Member Current
Doctorquality, Inc. CEO Former
Doctorquality, Inc. President Former
Clinical Data Inc. General Manager Former
Brandeis University B.A. In Biology Former

C. Evan Ballantyne, Senior Vice President and Chief Financial Officer Evan Ballantyne joined Clinical Data as Senior Vice President and Chief Financial Officer in August 2006. Prior to that, Mr. Ballantyne was most recently Senior Vice President and Chief Financial Officer of ZymeQuest, Inc., a medical technology company based in Beverly, Massachusetts, and previously was the Chief Financial Officer of Knowledge Impact, of Wayland, Massachusetts. Earlier, Mr. Ballantyne was a vice president and chief operating officer for ACNielsen Corporation and held the chief financial officer position as well for 2 years. There, he was responsible for all aspects of operations, strategic planning and finance in more than 45 countries for a corporation with 9,700 employees and annual revenue exceeding $650 million. At ACNielsen, he drove productivity gains and cost savings activities totaling $27.5 million while holding expenses flat with the prior year and helped develop new revenue opportunities while implementing a cross-border sales tracking system. He also helped lead the company's successful ISO certification in three countries. Mr. Ballantyne also held an audit position for Dun & Bradstreet, earned a B.A. from the University of Western Ontario, and took a post-graduate degree in Business Administration with Honors from the University of Windsor.

Organization Position Status
Clinical Data Inc. Chief Financial Officer Current
Adenosine Therapeutics, LLC Senior Vice President and Chief Financial Officer Evan Current
Clinical Data Inc. Senior Vice President Current
Zymequest, Inc. Chief Financial Officer Former
Acnielsen Corporation Chief Operating Officer Former
Zymequest, Inc. Senior Vice President Former
Acnielsen Corporation Vice President Former
University of Windsor Graduate Degree In Business Administration With Honors Former
The University of Western Ontario B.A. Former
University of Windsor Degree In Business Administration Former

Organization Position Status
Clinical Data Inc. Chief Legal Officer, General Counsel, Secretary, Executive Vice President & Vice President Current
Clinical Data Inc. Vice President Current
Clinical Data Inc. General Counsel Current
Adenosine Therapeutics, LLC Current
Clinical Data Inc. Secretary Former
Boston College J.D. Former
Boston College Law School J.D. Former
Columbia University B.A. Former

Carol Reed, M.D., Executive Vice President and Chief Medical Officer Dr. Reed joined Clinical Data in October 2005 following the completion of the Company's merger with Genaissance Pharmaceuticals where Dr. Reed had served as that Company's Vice President, Medical Affairs since 2003. Dr. Reed joined Genaissance from Bayer Pharmaceuticals, Inc., where she was an Associate Medical Director in Pulmonary Medical Research. Previously, she was the Associate Director, Section of Pulmonary and Critical Care Medicine, at the Hospital of St. Raphael and directed its Medical Intensive Care Unit. Dr. Reed received a M.S. in biology from the University of Illinois and a M.D. from Rush Medical College in Chicago.

Organization Position Status
Adenosine Therapeutics, LLC Chief Medical Officer Current
Clinical Data Inc. Executive Vice President & CMO Current
Rush Medical College M.D. Former
University of Illinois M.S. In Biology Former

Organization Position Status
Clinical Data Inc. Senior Vice President and Cfo Current
Zymequest, Inc. Chief Financial Officer Former
Acnielsen Corporation Chief Operating Officer Former
Zymequest, Inc. Senior Vice President Former
Acnielsen Corporation Vice President Former
The University of Western Ontario B.A. Former
University of Windsor Degree In Business Administration Former

Organization Position Status
Clinical Data Inc. Senior Vice President, Cfo Current

Organization Position Status
Clinical Data Inc. COO & Senior Vice President Current

Organization Position Status
Clinical Data Inc. Senior Vice President, Licensing & Strategic Dev Current
Adenosine Therapeutics, LLC Senior Vice President, Licensing and Strategic Development Current
Isolab Current
Pathway Diagnostics Corporation Vice President, Business Development Former
Specialty Laboratories, Inc. Director of Business Development Former
University of California, Los Angeles Former
Washington State University B.S. Degree Former

Organization Position Status
Clinical Data Inc. Senior Vice President, Predictive Diagnostics Dev Current

Organization Position Status
Clinical Data Inc. Vice President, Sales, North America Current

Organization Position Status
Clinical Data Inc. Vice President, Client Services, Pgxhealth Current
First National Bank of Chicago Vice President Former
State University of New York at Cortland B.S. Degree Former

Organization Position Status
Adenosine Therapeutics, LLC Vice President, Human Resources MS Current
Clinical Data Inc. Vice President, Human Resources MS Current
Rhode Island College B.S. In Management, Human Resources Former
Rhode Island College B.S. In Management, Human Resources Former

Organization Position Status
Clinical Data Inc. Vice President, Biomarker Dev Current

Organization Position Status
Clinical Data Inc. Vice President, Corporate Communications Current

Organization Position Status
Clinical Data Inc. Vice President, Operations PGxHealth Division Current

Organization Position Status
Epidauros Biotechnologie AG CEO Current
Adenosine Therapeutics, LLC Global General Manager Current
Clinical Data Inc. Global General Manager Current
ETH Zurich Ph.D. Degree In Bio, Organic Chemistry Former

Robert Bondaryk, Ph.D., Senior Vice President and General Manager, Cogenics Dr. Bondaryk joins us from Proteome Systems, Inc. where he was Executive Vice President, General Manager and Business Development US, managing the US division of the Sydney, Australia-based biotechnology company developing small-molecule enzyme mimetics as therapeutics for a range of indications. Previously, Bob served as Vice President, Life Science and Drug Discovery at Fisher Scientific, LLC.; Vice President, Corporate Development at IGP, Inc.; Vice President of Corporate Development and Group Coordinator, New Venture Development at Pharm-Eco Laboratories; Co-founder and President of Medtech Capital, Inc.; Vice-President, Boston Capital Group; and Senior Biotechnology Consultant at Arthur D. Little, Inc. He also served on the Board of Directors of Union Biometrica, and currently serves on the Corporation of Boston Biomedical Research Institute. Bob graduated from Bowdoin College with a Bachelor of Arts degree in Biology and Psychology. He obtained his Ph.D. in Biochemistry from Harvard University.

Organization Position Status
Clinical Data Inc. Senior Vice President and General Manager, Cogenics Dr Current
Medtech Capital, Inc General Manager & Unit Head, Cogenics Current
Proteome Systems Limited Current
Medtech Capital, Inc Board of Directors Current
Medtech Capital, Inc Vice President of Corporate Development Former
Fisher Scientific International Inc. Vice President of Life Science and Drug Discovery Former
Arthur D. Little, Inc. Vice President of Corporate Development Former
Arthur D. Little, Inc. Co-Founder Former
Medtech Capital, Inc Co-Founder Former
Arthur D. Little, Inc. Senior Biotechnology Consultant Former
Union Biometrica, Inc. Board of Directors Former
Harvard University Ph.D. In Biochemistry Former
Bowdoin College Bachelor of Arts Degree In Biology and Psychology Former

Organization Position Status
Clinical Data Inc. Director, Marketing, Hematology Current
Clinical Data Inc. Director, Marketing, Hematology Former

Organization Position Status
Clinical Data Inc. Current

Gus brings more than 20 years of senior management experience across several sectors in health care. Gus's expertise includes diagnosis and treatment of management and operational processes/systems to streamline communications and enhance efficiency. He also brings integration management, and merger and acquisition experience, sales channel development and new product introduction in his role as COO for QualityMetric. He joins us from Clinical Data, Inc. where he was Senior Vice President and COO; then President of the US In-Vitro Diagnostics Division as the company diversified by acquiring Genaissance (NASDAQ: GNSC), Icoria (NASDAQ: ICOR) and Genome Express. Prior to working at Clinical Data, Inc. he was President of POLESTAR Labs (San Diego), a private company with clinical IVD lab operations in 18 states. He has also served as Vice President-Western Operations for Baxter Perfusion Services, Baxter International, Inc. (BAX), where he managed cardiovascular services businesses with 500+ employees in 28 states; and as Senior Division President of PSICOR, Inc. (acquired by Baxter in 1994). Gus began his management career as an officer in the USMC.

Organization Position Status
Qualitymetric Incorporated Chief Operating Officer Current
Clinical Data Inc. Current
POLESTAR Labs, Inc. President Former

Organization Position Status
Clinical Data Inc. Chair Current
Adenosine Therapeutics, LLC Board of Directors Current
PS America Inc. Director Current
Princeton University B.A. Former

Organization Position Status
Technical Olympic USA, Inc. Current
Clinical Data Inc. Chair Current
New River Pharmaceuticals, Inc. Board of Directors Current
Clinical Data Inc. Board of Directors Current
Intrexon Corp Board Member Current
Adenosine Therapeutics, LLC Board of Directors Current
Cable Com Inc. Chief Executive Officer Former
Peat Marwick International Partner Former
UTStarcom, Inc. Chairman Former
New River Pharmaceuticals, Inc. Chairman of the Board Former
KPMG International Chairman Former
Asia Pacific Wire & Cable Corporation Limited Chairman Former
Cable Com Inc. Chairman of the Board Former
UTStarcom, Inc. Board of Directors Current

Organization Position Status
Clinical Data Inc. Chairman Current
Adenosine Therapeutics, LLC Chairman Current
Intrexon Corp Chairman of The Board Current
Radford University Board of Directors Current
Visitors Board of Directors Current
Hyalozyme Board of Directors Current
Radford University Foundation, Inc. Board of Directors Current
Pinnacle Pharmaceuticals, Inc. Board of Directors Current
New River Pharmaceuticals, Inc. Chairman, President & CEO Former
Third Security, LLC Chief Executive Officer Former
Third Security, LLC Senior Managing Director Former
Third Security, LLC Founder Former
King Pharmaceuticals, Inc. Founder Former
General Injectables & Vaccines Inc. Co-Founder Former
Giv Co Chairman of the Board Former
New River Pharmaceuticals, Inc. Director Former
Scios, Inc. Member of the Board of Directors Former
University of Virginia J.D. Former
Radford University B.A. In Business Former
Clinical Data Inc. member Former

Organization Position Status
Clinical Data Inc. Board of Directors Current
Clinical Data Inc. President & CEO Former

Organization Position Status
ARIAD Pharmaceuticals, Inc. Board of Directors Current
ARIAD Pharmaceuticals, Inc. Board of Directors Current
Nuvelo, Inc. Board of Directors Current
Clinical Data Inc. Board of Directors Current
New River Pharmaceuticals, Inc. Director Current
Barnes Hospital Administrative Former
University of Vermont Professor Former
Washington University School of Medicine Administrative Former
Peter Bent Brigham Hospital Former
University of Vermont Chairman Former
Harvard University M.D. Former
Cornell University A.B. Former

G. Steven Burrill has been involved in the growth and prosperity of the biotechnology industry for over 40 years. An early pioneer, Mr. Burrill is one of the original architects of the industry and one of its most avid and sustained developers. He currently serves as Chairman of the Board of Pharmasset (NASDAQ: VRUS) and is a member of the Boards of Directors of Catalyst Biosciences, DepoMed (NASDAQ: DEPO), Intranasal, Phytomedics, Proteogenix, Proventys, Targacept (NASDAQ: TRGT) and XDx. Prior to founding Burrill & Company in 1994, he spent 28 years with Ernst & Young, directing and coordinating the firm's services to clients in the biotechnology/life sciences/high technology/manufacturing industries worldwide. In 2002, Mr. Burrill was recognized as the biotech investment visionary by the prestigious Scientific American magazine (The Scientific American 50). Mr. Burrill is a founder and currently serves as the Chairman of the Board of the Foundation for the National Medals of Science and Technology. Additionally, he serves as Chairman of the Board on Campaign for Medical Research as well as Chairman of the San Francisco Mayor?s Biotech Advisory Committee (MAYBAC). Other not-for-profit activities include serving on the Boards of Directors for the Bay Area Science Infrastructure Consortium, BayBio, California Healthcare Institute, The Exploratorium, Genetics Policy Institute, The Kellogg Center for Biotechnology, Kramden Institute, The National Health Museum, and Research!America. He also serves as an advisor on the MIT Center for Biomedical Innovation.

Organization Position Status
Burrill & Company CEO Current
National Medals President, Chairman of the Board Current
National Medals Founder Current
University of California adjunct professor Current
University of California, San Francisco Adjunct Professor Current
Pjb Publications, Ltd. Current
Pyxis Genomics, Inc. Chairman of the Boards Current
Pharmasset, Inc. Chairman of the Boards Current
Icoria Inc. Chairman of the Boards Current
Andrx Corporation Chairman Current
Bioimagene, Inc. Chairman Current
Newbridge Chairman of The Boards Current
Proventys, Inc. Board of Directors Current
BayBio Director Current
Bioexec Ventures, LLC Board of Directors Current
Crosscart, Inc Board of Directors Current
Pharmasset, Inc. Board of Directors Current
Clinical Data Inc. Board of Directors Current
Intranasal Technology, Inc Board of Directors Current
Kramden Institute Board Member Current
Depomed, Inc. Board of Directors Current
Third Wave Technologies, Inc. Director Current
University of California Director Current
California Healthcare Institute, Inc. Board of Directors Current
The National Health Museum, Inc Treasurer Current
Catalyst Biosciences, Inc. Board of Directors Current
Proteogenix, Inc. Board of Directors Current
The Center for Policy On Emerging Technologies, Inc. Board of Directors Current
Phytomedics, Inc. Board of Directors Current
Depomed, Inc. Chief Executive Officer, Burrill & Company Former
Burrill & Company Founder Current
The Center for Policy On Emerging Technologies, Inc. CEO, Burrill and Company, San Francisco Former
Pharmasset, Inc. President and CEO of Pharmasset, Inc. Former
Craves Founder Former
Icoria Inc. Board of Directors Former
Ernst & Young Director Former

Organization Position Status
Clinical Data Inc. Vice Chairman Current
Clinical Data Inc. Clinical Data's President and Chief Executive Officer Former

Organization Position Status
Clinical Data Inc. Board of Directors Current

Joseph Klein, III , age 46, has served as a Director of Isis since December 2005. Mr. Klein is currently Managing Director of Gauss Capital Advisors, LLC, a financial consulting and investment advisory firm focused on biopharmaceuticals, which he founded in March 1998. In addition to his investment advisory and financial consulting activities, Mr. Klein currently serves as a Venture Partner of Red Abbey Venture Partners, LP, a life sciences private equity fund. From September 2001 to September 2002, Mr. Klein was a Venture Partner of MPM Capital, a healthcare venture capital firm. From June 1999 to September 2000 when it merged with WebMD Corporation, Mr. Klein served as Vice President, Strategy for Medical Manager Corporation, a leading developer of physician office management information systems. Mr. Klein serves on the board of directors of four publicly held biotechnology companies: BioMarin Pharmaceutical Inc. since June 2005; NPS Pharmaceuticals, Inc. since 1998, but does not intend to stand for reelection to NPS board at its annual meeting in May 2007; OSI Pharmaceuticals, Inc. since July 2006; and Savient Pharmaceuticals, Inc. since May 2006.

Organization Position Status
Isis Pharmaceuticals, Inc. Managing Director, Gauss Capital Advisors, Llc Current
BioMarin Pharmaceutical Inc. Managing Director, Gauss Capital Advisors, Llc. Current
Red Abbey, LLC Venture Partner Current
BioMarin Pharmaceutical Inc. Chairman Current
Cvmanager Group Corporation Board of Directors Current
Clinical Data Inc. Board of Directors Current
Red Abbey, LLC Board of Directors Current
Guilford Pharmaceuticals, Inc. Board Director Current
Genaissance Pharmaceuticals, Inc. Board Director Current
Eyetech Board of Directors Current
OSI Pharmaceuticals, Inc. Board of Directors Current
NPS Pharmaceuticals, Inc. Director Current
Isis Pharmaceuticals, Inc. Director Current
MPM Capital Limited Partnership Venture Partner Former
BioMarin Pharmaceutical Inc. Board of Directors Former
Stanford Graduate School of Business M.B.A. Former
Yale University B.A. In Economics Former

Richard Wallace, BCom (Hons), joined as a director of the Company in March 2006. Richard is Senior Vice President of Global Commercial Strategy at GlaxoSmithKline and a member of their Research and Development Executive, Commercial Operations Committee and Product Management Board. Since joining GSK in 1992, Richard has performed a number of roles from Vice President Commercial (Canadian Pharmaceuticals), Vice President US Business Development, and Vice President Sales & Marketing (US Oncology and HIV). Richard has over the past 6 years in R&D led Global Clinical Development and Product Strategy roles in Neurosciences, expanding to all therapeutic areas of the GSK portfolio. Richard's experience prior to joining GSK includes 8 years with Bristol Myers Squibb and 7 years at Johnson & Johnson in assignments spanning marketing, sales, manufacturing and general management. Richard received BCom and BCom.Honors degrees from Rhodes University, South Africa.

Organization Position Status
Avigen, Inc. Director of the Company Current
ImmunoGen, Inc. Board of Directors Current
Avigen, Inc. Board of Directors Current
Clinical Data Inc. Board of Directors Current
Healthcare Education Services Ltd Board of Directors Current
Product Management and Co Board of Directors Current
Bridgehead International Ltd Board of Directors Current
Adenosine Therapeutics, LLC Board of Directors Current
GlaxoSmithKline Plc Senior Vice President, Research and Development Former
US Oncology, Inc. Vice President Sales & Marketing Former
Rhodes University Degrees Former

Executive News

  • Intrexon takes over Avalon Pharmaceutical’s Germantown facility

    Twin Cities Business Journal - 9/02/09 - View Story

  • Biotech Cools Off in August But Capital Markets Remain Positive

    NewsBlaze - 9/01/09 - View Story

  • Intrexon takes over Avalon Pharmaceutical's Germantown facility

    Washington Business Journal - 9/01/09 - View Story

  • Clinical Data, Inc. Sells Certain Non-Core Assets to Intrexon Corporation

    Business Wire - 9/01/09 - View Story

  • Distinguished Clinical Researcher and Institute Founder Joins Intrexon as Chief Medical Officer...

    Forbes.com - 8/13/09 - View Story

  • Distinguished Clinical Researcher and Institute Founder Joins Intrexon as Chief Medical Officer - Oncology

    Business Wire - 8/13/09 - View Story

  • Clinical Data, Inc. Announces Collaboration with CombinatoRx for the Development of Novel B-Cell Cancer Therapy

    Pharma Live - 8/13/09 - View Story

  • Clinical Data, Inc. Announces Collaboration with CombinatoRx for the Development of Novel B-Cell Cancer Therapy

    Reuters - 8/13/09 - View Story

  • Clinical Data, Inc. Announces Collaboration with CombinatoRx for the Development of Novel...

    Forbes.com - 8/13/09 - View Story

  • Clinical Data, Inc. Announces Collaboration with CombinatoRx for the Development of Novel B-Cell Cancer Therapy

    Business Wire - 8/13/09 - View Story

  • Clinical Data, Inc. Reports First Quarter Fiscal 2009 Results

    Pharma Live - 8/10/09 - View Story

  • Clinical Data, Inc. Reports First Quarter Fiscal 2009 Results

    Stockwatch - 8/10/09 - View Story

  • Clinical Data, Inc. Reports First Quarter Fiscal 2009 Results

    Business Wire - 8/10/09 - View Story

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     CLDA $15.96 +0.15 (0.95% )
Average Volume 120,818
Shares Outstanding 26.49M
Market Cap 422.8M
Year High 21.94
Year Low 6.38
Earnings Per Share -3.31
P/E Ratio -4.82
Dividend N/A
Yield N/A
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