BNET Industries

Market Cap:$3.5M
Last Fiscal Year Sales:$749.9K
  • Public
  • US
Dow Jones Description

We are a development stage company dedicated to the development and commercialization of anti-allergy medications. We anticipate that our initial patented product, PreHistin (TM), will create a unique niche within the allergy relief category. We hope to further our operations by selling our initial product, PreHistin (TM), which we believe can prevent allergy symptoms by mitigating histamines from being over-produced. We hope to obtain the appropriate regulatory approvals and market our product in the United States and abroad, though there is no guarantee that we will be able to do so. OUR SUBSIDIARY. BioGentec, which has become our wholly-owned subsidiary as described above, was incorporated in Nevada on November 21, 2000. We anticipates that our initial patented product, PreHistin (TM), (formerly Allertin), will create a unique niche within the allergy relief category. In November 2000, BioGentec acquired all the assets of Allergy Limited, LLC, including their intellectual property, which does business as Gene Pharmaceuticals, LLC. Gene Pharmaceuticals, LLC Limited sponsored the clinical research for PreHistin (TM) formula from 1989 through 2000 and secured the first U.S. patent, in 1992 and BioGentec secured the second U.S. patent in 2001. References herein to our subsidiary may be construed as our activities and operations, in that all of our activities are conducted through this subsidiary.

Chief Executive Officer, Director
Gerald Yakatan
Number of Employees 7
Contact Information

2445 Mccabe Way, Suite 150

Irvine, California 92614

www.cobalis.com

949-757-0001

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

News & Analysis

cobalis corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Gerald Yakatan Chief Executive Officer, Director
Chaslav Radovich President
Ernest Armstrong Chief Scientific Officer, Director
James M Brodsky Chief Researcher
Kevin Pickard Interim Cfo and Treasurer
Bo Cosic Vice President, Corporate Administration
Alvin J Aubry Master of Public Health, Tulane University School of Medicine
Anita M Kirkpatrick University of San Diego School of Law, Juris Doctor
Charles Jay Siegel
Lewis Joseph Kanter
Lyndon E Mansfield Principal Investigative Physician
Marty Marion
Michael J Noonan
Richard E Danziger
Stanley Goldstein

Board of Directors

Name (plus bio) Position
Lawrence A May Chair, Medical Advisory Boad
Dr Kevin Prendiville Board of Directors
Ellen McDonald Board of Directors
Joseph T Morgan Board of Directors
Radul Radovich Board of Directors
S Wayne Kay Board of Directors
Thomas H. Silberg Board of Directors

Dr. Yakatan served from 1998 through 2005 as President and Chief Executive Officer for Avanir Pharmaceuticals of San Diego, CA (AMEX: AVN-R). Dr. Yakatan successfully directed the company's development and marketing of novel therapeutic products for the treatment of chronic diseases, including the NDA submission of Neurodex and the clinical program and regulatory strategy that led to the FDA approval of Abreva , the largest-selling OTC treatment for cold sores. Dr. Yakatan led the licensing effort for Abreva that resulted in a partnership with GlaxoSmithKline, as well as partnerships with Novartis and AstraZeneca. In addition, Dr. Yakatan has extensive experience with compounds that inhibit the production of IgE (Immunoglobulin epsilon) antibodies, a key

Organization Position Status
Cobalis Corp Chief Executive Officer, Director Current

Organization Position Status
Cobalis Corp President Current
Cobalis Corp Principal Executive Officer, Director Current
Cobalis Corp Founder of Best Electronics, Inc. Former
Best Electronics Founder Former

Organization Position Status
Cobalis Corp Chief Scientific Officer, Director Current
Cobalis Corp CEO of Gene Pharmaceuticals, Llc Former
Humboldt State University Center Former
University of Belgrade law degree Former
University of California, Irvine HR Management Certificate Former

Dr. Brodsky is a celebrated Naturopathic Doctor, nationwide lecturer on Natural Medicine, and consultant to major pharmaceutical companies. As well as owning his own pharmacy, he has also been on the teaching staff of The University of Southern California School of Pharmacy and the University of the Pacific Pharmacology Department. He has published multiple articles in major national medical journals.

Organization Position Status
Cobalis Corp Chief Researcher Current
Cobalis Corp Board of Directors Current

Mr. Pickard has served as a financial consultant to Cobalis since late 2004. He has practiced as a CPA for over 19 years, and has been involved in

Organization Position Status
Cobalis Corp Interim Cfo and Treasurer Current

Organization Position Status
Cobalis Corp Vice President, Corporate Administration Current
Shrm Member Current

Organization Position Status
Cobalis Corp Master of Public Health, Tulane University School of Medicine Current

Organization Position Status
Cobalis Corp University of San Diego School of Law, Juris Doctor Current
Cobalis Corp Board of Directors Current

Organization Position Status
Cobalis Corp Current
American Board of Allergy and Immunology Former
University of Wisconsin-Madison Former

Organization Position Status
Cobalis Corp Current

Organization Position Status
Fda.Com Former
Cobalis Corp Board of Directors Current

Organization Position Status
Cobalis Corp Current
Medicus International, Inc. Director of Strategic Planning and Business Development Former
Columbia University member Former

Organization Position Status
Cobalis Corp Current
American Board of Allergy and Immunology Former

Organization Position Status
Cobalis Corp Current

Organization Position Status
Cobalis Corp Current
American Board of Allergy and Immunology Former

Organization Position Status
Cobalis Corp Chair, Medical Advisory Boad Current
Cobalis Corp Board of Directors Former

Organization Position Status
Southwestern Eye Center Current
Cobalis Corp Board of Directors Current
American College of Surgeons Fellow Current
Loyola Marymount University Bachelor of Science Degree In Biology Former
Medical College of Wisconsin Degree Former

Organization Position Status
Aeterna Zentaris, Inc. Senior Vice President, Business Operations and Chief Business, Officer Current
Lobaplatin Senior Vice President, Business Operations and Chief Business Officer Current
Ozarelix Senior Vice President, Business Operations and Chief Business Officer Current
Chugai Pharma USA, LLC Senior Vice President, Business Operations Current
Cobalis Corp Board of Directors Current
Bristol-Myers Squibb Company Senior Vice President Former
Johnson & Johnson Former
Columbia University Mba Former
United States Military Academy B.S. Former

Education: University of Colorado School of Medicine, M.D., Internship: Good Samaritan Hospital - General Rotating Internship, Pediatric Residency: St. Joseph's Hospital, University of Colorado Medical Center, University of Colorado Medical Center - Chief Resident in Pediatrics.

Organization Position Status
Cobalis Corp Board of Directors Current

Organization Position Status
Page Engineering, Inc. Senior Project Manager Current
Page Engineering, Inc. Project Head Current
Cobalis Corp Board of Directors Current
British Petroleum Senior Project Manager Former
University Corp. Degree Former
University of Belgrade Degree Former

Mr. Kay has served as a director and Chief Executive Officer of the Company since September 2007. From October 2004 to September 2007, Mr. Kay provided executive consulting services to several early stage companies, mainly in the San Francisco Bay and San Diego areas. During that time he also served as an executive advisor and interim Chief Executive Officer to the U.S. healthcare/life sciences venture capital fund, Kleiner Perkins Caufield and Byers. From January 2001 through October 2004, Mr. Kay was the President, Chief Executive Officer and a director of Quidel Corporation, a leading company in the discovery, development, manufacturing and marketing of rapid diagnostic solutions at the POC in infectious diseases and reproductive health. During his tenure he designed and managed a strategy responsible for building and sustaining market leadership of rapid influenza testing. Mr. Kay received his Masters degree in Business Administration in 1982 from Pepperdine University and his Bachelor of Business Administration degree from the University of San Francisco.

Organization Position Status
Response Biomedical Corporation Director, Chief Executive Officer Current
Quidel Corporation Chief Executive Officer Current
Cobalis Corp Board of Directors Current
Quidel Corporation Director Current
Taking Control Board of Directors Current
Cyntellect, Inc. Member of the Company's Board of Directors Current
Response Biomedical Corporation Board of Directors Current
Enzymatics Chief Executive Officer Former
Enzymatics President Former
Quidel Corporation President Former
Quidel Corporation Chief Operating Officer Former
Neoforma Inc. Senior Vice President Former
Warner-Lambert Company Former
SmithKline Beecham Corporation Former
Pepperdine University M.B.A. Degree Former
University of San Francisco Masters Degree In Business Administration Former
University of San Francisco B.S. Degree In Business Administration Former

Organization Position Status
APP Pharmaceuticals, Inc. Chief Executive Officer Current
American Pharmaceutical Products, Inc. President and Chief Executive Officer Current
Cobalis Corp Board of Directors Current
Tercica, Inc. Chief Operating Officer Former
Ligand Pharmaceuticals Incorporated Coo Former
APP Pharmaceuticals, Inc. President, Abraxis Pharmaceutical Products & Executive Vice President, Commercial Operations Former
Ligand Pharmaceuticals Incorporated Executive Vice President Former
Hoffmann-La Roche Inc. Vice President of Business Operations Former
University of Minnesota BS Former

Executive News

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    Business Wire - 8/25/09 - View Story

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    Pharma Live - 8/11/09 - View Story

  • APP Pharmaceuticals Receives Approval for Idarubicin HCI Injection

    Forbes.com - 8/10/09 - View Story

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     CLSC $0.07 -0.01 (-6.67% )
Average Volume 52,988
Shares Outstanding 50.87M
Market Cap 3.6M
Year High 0.2
Year Low 0.017
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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