BNET Industries

Market Cap:$58.5M
Last Fiscal Year Sales:$36.3M
  • Public
  • US
Dow Jones Description

With no smuggling involved, Columbia allows for easy access to its medications. Founded in 1986 and headquartered in Livingston, NJ, Columbia Laboratories, Inc. (NASDAQ: CBRX) is a producer of pharmaceutical products. With a patented bio-adhesive drug delivery system, the company offers the fertility drug Crinone/Prochieve 8%, and Crinone/Prochieve 4%, which treats secondary amenorrhea. The testosterone replacement therapy, Straint, is also marketed. The company had 2005 revenue of about $22 million and employs approximately 55 people. Effective May 22 2006, the company was added to the NASDAQ Biotechnology Index.

President, CEO & COO
Robert Mills
Number of Employees 62
Contact Information

354 Eisenhower Pkwy Plaza 1 2nd Fl

Livingston, New Jersey 07039

columbialabs.co...

(973) 994-3999

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • Plethora Solutions signs distribution agreement with Columbia Laboratories for Striant SR

    11/23/09 - Joint Venture / Alliance - View Story

  • Columbia Laboratories Reports Third Quarter 2009 Financial Results

    11/05/09 - Financial Announcement - View Story

  • Columbia Laboratories Partners with RESOLVE: the National Infertility Association to Sponsor...

    8/11/09 - Joint Venture / Alliance - View Story

  • Columbia Laboratories Reports Second Quarter 2009 Financial Results

    8/06/09 - Financial Announcement - View Story

  • Columbia Laboratories and PharmaBio Agree to One Year Extension of Final Payment under STRIANT® Financing...

    7/23/09 - Joint Venture / Alliance - View Story

  • CFOs on the Move: Week Ending July 17

    7/17/09 - Mgmt. Change Entering - CFO - View Story

News & Analysis

columbia laboratories inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Robert Mills President, CEO & COO
David Weinberg CFO, Vice President, Finance, Admin & Treasurer
James A. Meer Cfo
Lawrence A. Gyenes Senior Vice President, Chief Financial Officer
Meg Coogan Senior Vice President, Sales, Marketing
Michael McGrane General Counsel, Senior Vice President & Secretary
George Creasy Vice President, Clinical Res
James J. Apostolakis Vice President, Investor Relations
Paul B. Schwartz Executive Director, Licensing & Business Development
Amy Raskopf Manager, Investor Relations
Carl Worrell Head of Sales and Marketing
Hector Larios Santillan Advisor
Edward A. Blechschmidt Director

Board of Directors

Name (plus bio) Position
Stephen G Kasnet Chairman
Anita Nelson Board of Directors
Anthony R. Campbell Board of Directors
Denis M. O'Donnell Board of Directors
Frank C. Condella Board of Directors
James S Crofton Board of Directors
Max Link Board of Directors
Robert C. Strauss Board of Directors
Scott Crofton James Board of Directors
Selwyn P Oskowitz Board of Directors
Valerie Andrews Board of Directors

Mr. Mills joined Columbia in May 2001 as senior vice president, operations. He was named chief operating officer in September 2003, at which time he assumed full responsibility for R&D, including the preterm study. In January 2006, Mr. Mills was appointed president and was elected to the Company’s Board of Directors. Prior to joining Columbia, Mr. Mills served five years as Senior Vice President, Manufacturing Operations, at Watson Pharmaceuticals. During his 30-year career in the pharmaceutical industry he also served as Vice President, Operations, at Alpharma, Inc. and held various positions with Aventis, SA, including Director-Plant Operations. Mr. Mills holds a B.S. from Grove City College.

Organization Position Status
Columbia Laboratories, Inc. President, CEO & COO Current
Columbia Laboratories, Inc. Board of Directors Current
Columbia Laboratories, Inc. President & COO Former
Watson Pharmaceuticals, Inc. Senior Vice President, Manufacturing Operations Former
Alpharma, Inc. Vice President, Operations Former

Organization Position Status
Columbia Laboratories, Inc. CFO, Vice President, Finance, Admin & Treasurer Current
Columbia Laboratories, Inc. Board of Directors Current

Mr. Meer has served as Senior Vice President, Chief Financial Officer and Treasurer since December 2006. He has over 35 years of financial experience in both privately-held and publicly-traded companies, of which over 15 years are in the life sciences industry. He most recently served from 2004 to 2006 as Senior Vice President, Chief Financial Officer, Secretary and Treasurer of Pharmos Corporation, a biotechnology company, prior to which he was a consultant from 2001 to 2004 to pharmaceutical and biotech companies providing strategic and financial advice. Mr. Meer previously served eight years as Vice President and Treasurer of Schein Pharmaceutical, Inc., where he was responsible for capital formation, including a successful IPO, strategic planning and investor relations. He also held senior financial positions with public companies including EnviroSource, Inc., John Labatt Ltd. and General Host Corporation. Mr. Meer holds an M.B.A. degree from Pace University and a B.A. degree on economics from Rutgers College.

Organization Position Status
Columbia Laboratories, Inc. Cfo Current
Columbia Laboratories, Inc. Senior Vice President Current
Dynamis Therapeutics, Inc Board of Directors Current
Columbia Laboratories, Inc. Treasurer Current
Pharmos Corporation Cfo Former
Pace University MBA In Finance Former
Rutgers College BA In Economics Former

Organization Position Status
Columbia Laboratories, Inc. Senior Vice President, Chief Financial Officer Current

Organization Position Status
Columbia Laboratories, Inc. Senior Vice President, Sales, Marketing Current

Mr. McGrane served as Vice President, General Counsel and Secretary since January 2002 and was promoted to Senior Vice President in January 2006. He joined Columbia from The Liposome Company, Inc., a biotechnology company, where he served as Vice President, General Counsel and Secretary, prior to which he was Vice President, General Counsel and Secretary to Novartis Consumer Health, Inc. Previously, Mr. McGrane held various positions with Novartis Pharmaceuticals Corporation, including Associate General Counsel, and was Regulatory Counsel to the U.S. Food and Drug Administration. Mr. McGrane received his J.D. degree from Georgetown University and his B.A. degree from Cornell College. He is a member of the New Jersey bar.

Organization Position Status
Columbia Laboratories, Inc. General Counsel, Senior Vice President & Secretary Current

Dr. Creasy joined Columbia Laboratories as Vice President, Clinical Research and Development in November 2003. Before joining the Company, he was responsible for clinical development and management of reproductive health products in his more than 16 years with Johnson & Johnson. He was a faculty member of Penn State's Hershey Medical Center prior to starting his pharmaceutical career. A trained Obstetrician and Gynecologist, Dr. Creasy is a graduate of the Pennsylvania State University School of Medicine and a Fellow of the American College of Obstetricians and Gynecologists.

Organization Position Status
Columbia Laboratories, Inc. Vice President, Clinical Res Current

Organization Position Status
Columbia Laboratories, Inc. Vice President, Investor Relations Current
Columbia Laboratories, Inc. Board of Directors Current

Organization Position Status
Columbia Laboratories, Inc. Executive Director, Licensing & Business Development Current

Organization Position Status
Columbia Laboratories, Inc. Manager, Investor Relations Current

Organization Position Status
Columbia Laboratories, Inc. Head of Sales and Marketing Current

In 1996, Ing. Larios began working the predecessor companies that led to ETI's formation, joining their U.S. counterparts as founders of ETI in April of 1999. Since 1977, Ing. Larios has owned and operated Aguilas de Occidente, S.A. de C.V., a large transportation company servicing domestic and international clients throughout Mexico. Evolving over decades of close friendship, Ing. Larios was recently asked by President Vicente Fox to serve as Fox's personal advisor on economic issues for Mexico. Ing. Larios participated in the personnel analysis that led to the new selections for Fox's new Cabinet and enjoys personal relationships with many of those new appointees, including Victor Lichtinger, the Minister of the Environment; Ernesto Martens, the Minister of Energy; and Raul Munoz Leos, the new chief executive of PEMEX. One of the most well-respected business advisors in the history of Mexico, Hector served, from 1995-97, as the President of Consejo Coordinador Empresarial (CCE), a consortium of private sector business and industrial interests that functions as a master chamber of commerce for the entire nation, exerting the highest level of influence on Mexico's economy and government. From 1966 to 1978, he was the President of Construcciones y Servicios Industriales, a Mexican construction company. His highly distinguished career includes positions such as President of the Pan-American Institute for Senior Business Management (IPD), President of the Patrimonial Confederation of the Republic of Mexico (CPM), founding commission member of the Economic Recovery Commission for Mexico (ARE), and many other celebrated organizations. He still serves as an advisor to CCE, IPD, CPM, ARE, the Red Cross, Pan-American University, the Engineering Faculty for UNAM University, the National Transportation Union, Columbia Laboratories, United American Financial Services (Houston, TX), Grupo Dina, and many other private and public enterprises. Hector graduated from UNAM University in Mexico City in 1966 with a double major in mechanical and electrical engineering.

Organization Position Status
United American Financial Services Inc. Advisor Current
Columbia Laboratories, Inc. Advisor Current
Earthwise Technologies, Inc. Board of Directors Current

Organization Position Status
Raymond Property Company Chief Executive Officer Current
Columbia Laboratories, Inc. Chairman Current
Columbia Laboratories, Inc. Board of Directors Current
Republic Engineered Products Inc. Director Current
Harbor Global Co, Ltd. CEO Former
Prea President Former
Pioneer Global Investments Limited President Former
Harbor Global Co, Ltd. President Former
The Pioneer Group Executive Vice President Former
Cabot Cabot & Forbes Executive Vice President Former
First Winthrop Corporation Managing Director Former
Warren Bank Chairman Former
The Savings Bank Chairman of The Board of Directors Former
Directors, Ltd. Chairman Former

Dr. Nelson is the medical director of CFHC. She also serves as a Professor of Obstetrics and Gynecology at the UCLA School of Medicine and is a full-time faculty member in the gynecology department at the Harbor-UCLA Medical Center where she directs the Women's Health Care Clinic (WHCC) and the largest women's health care nurse practitioner training program in the country. In addition, she conducts the contraceptive training of OB-GYN and family practice residents at Harbor-UCLA, and the internal medicine residents at St. Mary's Hospital in Long Beach. She also supervises the residents in the Abnormal Cytology Clinic.

Organization Position Status
California Family Health Council Inc. Medical Director Current
Women's Health Care Clinic Medical Director Current
Harbor-UCLA Medical Center Medical Director Current
Contraception Online Professor, Department of Obstetrics and Gynecology, Ucla School of Medicine, Los Angeles, California Current
Femalepatient.Com Professor, Department of Obstetrics Current
University of California, Los Angeles Member Gynecology Division Current
David Geffen School of Medicine at UCLA Professor Current
Managing Contraception Current
Contraception Online Board of Directors Current
Columbia Laboratories, Inc. Board of Directors Current
Femalepatient.Com Board of Directors Current
Pharmacia Corporation Board of Directors Current
Organon Inc. Board of Directors Current
Harbor-UCLA Medical Center Nurse Practitioner Former
Femalepatient.Com Editor Former
Pfizer Inc. Board of Directors Former
Occidental College Degrees In Economics Former

Mr. Campbell has been a director of Columbia since December 2008 and is a Portfolio Manager and Senior Analyst for Dorset Management Corporation since January 2000 and a Director of Knott Partners Management, LLC (investment advisors) since 2004. Mr. Campbell founded Windsor Partners, L.P. (investment advisors) in 1986. He was Principal and Managing Director of Berg Capital Corporation, a registered investment advisor, from 1984 through 1985, and also served as General Partner of Chelsea Partners, a private investment partnership, during that time. Mr. Campbell was a Vice President at the First Boston Corporation from 1975 through 1984, and from 1969 until 1975 was at McLeod, Young, Weir, Ltd. (investment advisors) in Canada and was appointed a Vice President in 1973. He is currently a director of Magna Entertainment (pari-mutuel wagering).

Organization Position Status
Columbia Laboratories, Inc. Board of Directors Current

Organization Position Status
Kleiner Perkins Caufield & Byers Current
Columbia Laboratories, Inc. Board of Directors Current
Novavax, Inc. Board of Directors Current
Cytocore Inc Director Current
Novavax, Inc. Chief Executive Officer Former
Cytocore Inc Chief Executive Officer Former
Novavax, Inc. Chairman Former

Array

Organization Position Status
Option Care of Sparta Current
R2 Technology, Inc. Current
Diamond Foods, Inc. Chairman Current
Missouri River Hospice Director Current
Columbia Laboratories, Inc. Vice Chairman of the Board Current
VWR International, Inc. Board of Directors Current
HealthSouth Corporation Board of Directors Current
Diamond Foods, Inc. Director Current
Golden Stream Quality Foods, Inc. Board of Directors Current
Emerald Nuts Board of Directors Current
Neoforma Inc. Board of Directors Current
Olsten Corporation Chief Executive Officer Former
Novelis Inc. Chief Executive Officer Former
Gentiva Health Services, Inc. Chief Executive Officer Former
Olsten Corporation President Former
Gentiva Health Services, Inc. President Former
Unisys Corporation President Former
Novelis Inc. Acting Chief Executive Former
Unisys Corporation Chief Financial Officer Former
Novelis Inc. Executive Officer Former
Gentiva Health Services, Inc. Chairman Former
Olsten Corporation Director Former
Walgreen Option Care Board of Directors Former
Arizona State University Undergraduate Degree In Business Former

Mr. Condella has been a director of Columbia since March 2009. He was Chief Executive Officer of SkyePharma plc (pharmaceuticals) from March 2006 to September 2008, President of Europe and Managing Director, UK, at IVAX Corporation (pharmaceuticals) from 2002 to February 2006, and President and Chief Executive Officer of Faulding Pharmaceuticals, from 2000 to 2001. Previously he was Vice-President of Specialty Care Products at Hoffman-La Roche (pharmaceuticals) and Vice-President and General Manager of the Lederle unit of American Home Products (pharmaceuticals). Mr. Condella is a non-executive director of SkyePharma plc and Fulcrum Pharma plc (pharmaceuticals)

Organization Position Status
SkyePharma PLC Board of Directors Current
Columbia Laboratories, Inc. Board of Directors Current
SkyePharma PLC Chief Executive Officer Former
IVAX Corporation President Former
American Home Products Corporation Vice President Former
American Home Products Corporation General Manager Former
Northeastern University Mba Former

Organization Position Status
Sarnoff Corporation CFO Current
Sarnoff Corporation Senior Vice President Current
Runonideas.Com Director Current
E&A Industries, Inc. Chief Financial Officer Former
Sarnoff Corporation Finance Executive Former
Scientific-Atlanta, Inc. Former
University of Michigan M.B.A. in finance Former
Michigan State University B.S. in mathematics Former

Organization Position Status
Columbia Laboratories, Inc. Board of Directors Current

Organization Position Status
Columbia Laboratories, Inc. Board of Directors Current

Organization Position Status
Harvard Medical School Assistant Professor Current
Columbia Laboratories, Inc. Board of Directors Current
Boston Ivf Medical Director Former
University of the Witwatersrand Degree Former

Organization Position Status
Vertex Pharmaceuticals Incorporated Chief Compliance Officer Current
Vertex, Inc. Current
Columbia Laboratories, Inc. Board of Directors Current
Vertex Pharmaceuticals Incorporated Vice President Former
Vertex Pharmaceuticals Incorporated Deputy General Counsel Former

Executive News

  • Columbia Laboratories, Inc. (CBRX) to Present at the Rodman & Renshaw Annual Global Investment Conference on September 10, 2009

    BioSpace - 9/03/09 - View Story

  • Columbia Laboratories Partners with RESOLVE: the National Infertility Association to Sponsor...

    Forbes.com - 8/11/09 - View Story

  • Columbia Laboratories Partners with RESOLVE: the National

    Business Wire via MSN Money - 8/11/09 - View Story

  • Columbia Laboratories Partners with RESOLVE: the National Infertility Association to Sponsor and Provide Web Content for Infertile Couples

    Business Wire - 8/11/09 - View Story

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     CBRX $0.89 +0.00 (0.18% )
Average Volume 307,450
Shares Outstanding 65.63M
Market Cap 58.5M
Year High 1.75
Year Low 0.65
Earnings Per Share -0.38
P/E Ratio -2.35
Dividend N/A
Yield N/A
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