BNET Industries

Last Fiscal Year Sales:$37.5M
  • Private
  • US
Dow Jones Description

Elusys Therapeutics, Inc. (Elusys) is a privately-held biopharmaceutical company focused on the development of targeted anti-infective therapeutics using proprietary Heteropolymer (HP) Antibodies for the treatment of infectious disease. The company's most advanced product, Anthim , a treatment for Anthrax infection, has entered Phase I human safety studies. Anthim represents a near-term revenue opportunity as it is a lead candidate for purchase by the U.S. Government under Project BioShield. Elusys' Heteropolymer Antibody Technology has demonstrated a unique ability to clear and destroy pathogens and provides a platform to develop a deep pipeline of novel drug candidates targeted against bacterial, viral and fungal infections. ETI-211, a pre-clinical candidate for the treatment of antibiotic resistant S. aureus infections, has shown significant efficacy in animal studies and is expected to enter the clinic in 2007. Elusys' current pipeline of products addresses major unmet needs in...

President and CEO
Elizabeth G Posillico
Number of Employees 34
Contact Information

25 Riverside Dr

Pine Brook, New Jersey 07058

www.elusys.com

1 973 808 0222

NAICS Code Medical Laboratories: 621511

Recent Events

  • Lonza Enters Production Pact With Elusys Therapeutics

    6/16/09 - Bond / Stock Rating - View Story

News & Analysis

elusys therapeutics inc. - All News and Analysis

  • Elusys Therapeutics and Lonza Enter Into Manufacturing Agreement

    - 2009-06-16

    PINE BROOK, N.J. and BASEL, Switzerland, June 16 /PRNewswire/ -- Elusys Therapeutics and Lonza Sales AG entered into an agreement for the production of AnthimTM, a therapeutic monoclonal antibody in late stage development for the treatment of anthrax infection. Under this agreement, Lonza will provide process development...

    Tags: Elusys Therapeutics Inc.

  • MASS Opportunities 2006 Presenter and Sponsor Profiles

    - 2006-11-01

    BOSTON -- MASS Opportunities 2006 takes place November 2, 2006 at the Logan Airport Hilton. For in-depth information about the event, visit http://massbio.org/events/mass_opps/. Below are profiles from MASS Opportunities 2006 presenters and sponsors. Breaking news releases are available at http://www.tradeshownews.com and the virtual newsroom link on http://massbio.org/events/mass_opps/presenting_companies.php. Business...

    Tags: Elusys Therapeutics Inc.

  • Elusys Therapeutics Receives Additional Funding for Anthrax Drug

    - 2005-08-04

    Wireless News 08-04-2005 Elusys Therapeutics Receives Additional Funding for Anthrax Drug WIRELESS NEWS-August 3, 2005-Elusys Therapeutics Receives Additional Funding for Anthrax Drug C2005 10Meters - http:// www.10meters.com Elusys Therapeutics Inc. has been awarded an additional $5.4...

    Tags: Elusys Therapeutics Inc.

  • Elusys Therapeutics Receives Additional Funding for Anthrax Drug

    - 2005-08-03

    Wireless News 08-03-2005 Elusys Therapeutics Receives Additional Funding for Anthrax Drug WIRELESS NEWS-August 3, 2005-Elusys Therapeutics Receives Additional Funding for Anthrax Drug C2005 10Meters - http:// www.10meters.com Elusys Therapeutics Inc. has been awarded an additional $5.4...

    Tags: Elusys Therapeutics Inc.

  • Elizabeth Posillico Named President of Elusys

    - 2005-01-31

    PINE BROOK, N.J. -- Elusys Therapeutics, Inc. announced today that Elizabeth Posillico, Ph.D., has been named president of Elusys and will manage and lead all operations of the company. She succeeds Stephen G. Sudovar, who had been president and CEO of Elusys since 1999. Mr. Sudovar resigned due to health...

    Tags: Elusys Therapeutics Inc.

Decision Makers

Name (plus bio) Position
Elizabeth G Posillico President and CEO
Robert D Love Chief Financial Officer
George Spitalny Vice President of Research and Development At Elusys
James Porter Vice President, Development and Manufacturing
Jeremy Middleton Vice President, Corporate Development
Linda Nardone Vice President of Clinical and Regulatory Affairs
Robert Gundel Vice President, Research
Leslie Casey Executive Director, Preclinical Development & Immunobiology
Debra E Duffy Director of Administration
H Vincent Strout Senior Director, Project Management
Steven Elliot Pincus Senior Director, Virology and Animal Biology
Victor Paulus Senior Director, Regulatory Affairs & Quality Assurance
Vincent Strout Senior Director, Project Management
Parag Saxena
Bill Miller Director

Board of Directors

Name (plus bio) Position
Ronald W Eastman Chairman
David S Perlin Board of Directors
Frank E. Young Board of Directors
Gordon Douglas Jr. Board of Directors
Jeffrey Wolf Board of Directors
Joshua Lederberg Board of Directors
Martin P Sutter Board of Directors
R. Gordon Douglas Board of Directors
Robert Finberg Board of Directors
Ronald Taylor Board of Directors

Organization Position Status
Elusys Therapeutics, Inc. President and CEO Current
Elusys Therapeutics, Inc. Vice President of Business Development Current
Elusys Therapeutics, Inc. Board of Directors Current
Genzyme Corporation General Manager Former
Genzyme Corporation Program Manager Former
Therapeutics Incorporated Program Manager Former
Duke University PhD Former
State University of New York at Potsdam BA Degree Former

Organization Position Status
Elusys Therapeutics, Inc. Chief Financial Officer Current
Alfacell Corp Chief Financial Officer Former
Alfacell Corp Executive Vice President Former
GlaxoSmithKline Plc Vice President Former
Coopers & Lybrand, L.L.P. accountant Former
Cooper's Inc. Accountant Former
SmithKline Beecham Corporation Former
Villanova University MBA Former
Rutgers University BA In Accounting Former

Organization Position Status
Elusys Therapeutics, Inc. Vice President of Research and Development At Elusys Current

Rising quickly through the ranks, James was selected as assistant general manager of the company's Taiwan operations. His responsibilities included oversight of legal, distribution, and distributor support. After returning from Taiwan, James directed staff and systems throughout all of Asia and worked to ensure that every element was in place for the success that quickly followed, particularly in Mainland China. Sometime later he began looking for a new challenge, one that would bring not just satisfaction over a job well done, but also the fulfillment of knowing he was doing something that would make a difference to people. When he was introduced to GoYin by Daren and Brent, James immediately grasped their vision. He became a co-founder, adding another dimension of leadership to the company that is making TAM accessible to a waiting world.

Organization Position Status
Goyin, LLC James Porter, Chief Information Officer, Founder Current
Elusys Therapeutics, Inc. Vice President, Development and Manufacturing Current
Brooklandcaycefoundation Current
Elusys Therapeutics, Inc. Executive Director, Product Development and Manufacturing Former
Heska Corporation Director, Product Materials Development Former
Research, Inc. Former
Heska Corporation Director Former
University of South Carolina MBA Former
University of Florida BS In Chemistry Former
University of South Carolina Degree In Secondary Education Former
Appalachian State University Former

Organization Position Status
Elusys Therapeutics, Inc. Vice President, Corporate Development Current

Organization Position Status
Elusys Therapeutics, Inc. Vice President of Clinical and Regulatory Affairs Current

Organization Position Status
Elusys Therapeutics, Inc. Vice President, Research Current
Arius Research Inc Chief Scientific Officer Former
XOMA Corporation Vice President, Preclinical Res Former
Chiron Former
New York Medical College Ph.D. Former
Saint Mary's College MBA Former
New York Medical College MS Former
The State University of New York BA In Biology Former

Leslie is currently responsible for the management and operation of Elusys' research and development laboratories, participates on several product development teams and serves a key role in collaboration management. Leslie was formerly a Research Manager at Cistron Biotechnology, where she managed research projects, directed the in-house research team, and maintained the laboratory according to environmental regulations. Prior to that, she was a Senior Scientist at Cistron. Leslie received a BS in Biology from Cornell University and a PhD in Immunology from the University of California at Berkeley and was awarded a postdoctoral fellowship at the Harvard School of Public Health from the National Multiple Sclerosis Society.

Organization Position Status
Elusys Therapeutics, Inc. Executive Director, Preclinical Development & Immunobiology Current
Cistron Ltd Senior Scientist Former
University of California, Berkeley PhD In Immunology Former
Cornell University Bs With Honors In Biology Former

Debra brings nearly 20 years of experience in healthcare administration to the company. Debra currently manages Human Resources, IT and facilities. Previous work experiences have given her expertise in all aspects of the administrative management of a healthcare company. Prior to joining Elusys, Debra worked in international marketing at Boston Scientific Vascular, a medical device manufacturer. Her experience in the healthcare and medical fields also includes working in the customer service training area for Merck-Medco Managed Care, Inc., as well as administration for a pharmaceutical marketing firm and a hospice company in California. Debra also has earned her Professional Human Resource (PHR) certification.

Organization Position Status
Elusys Therapeutics, Inc. Director of Administration Current

Organization Position Status
Elusys Therapeutics, Inc. Senior Director, Project Management Current

Organization Position Status
Elusys Therapeutics, Inc. Senior Director, Virology and Animal Biology Current

Organization Position Status
Elusys Therapeutics, Inc. Senior Director, Regulatory Affairs & Quality Assurance Current
Salk Institute Cell Culture Technician Former

Vincent joined Elusys in 2005 as Director of Project Management. A 20 year veteran of the pharmaceutical industry, Vincent comes to Elusys from Daiichi Medical Research where he spent eight years in various functions including Director of Project Management and Outsourcing and Senior Director of Global Finance. He has planned and managed all phases of clinical development programs in a variety of therapeutic areas including oncology, anti-infectives and anti-thrombotics. Vincent's business career began in basic research at Merck & Co., Inc., where he spent six years cloning G protein linked transmembrane receptors and the insulin dependent glucose transporter. Vincent also spent six years as a Director in Clinical and Regulatory Development at Merck where he helped establish an electronic regulatory submissions group and he managed the integration of separate domestic and international functions into global departments. Vincent holds a BA in Biochemistry from University of Massachusetts and an MBA in International Business from Babson College.

Organization Position Status
Elusys Therapeutics, Inc. Senior Director, Project Management Current
Babson College MBA In International Business Former

Organization Position Status
Elusys Therapeutics, Inc. Current
Cyclacel Limited Current
Innercool Current
Becton, Dickinson & Company product manager Former

Organization Position Status
Rinat Neuroscience Corporation Rinat's CEO Current
Michigan Growth Capital Symposium Partner, Essex Woodlands Health Ventures Current
Buck Institute Partner, Essex Woodland Health Ventures Current
Elusys Therapeutics, Inc. Chairman Current
Buck Institute Board of Directors Current
Geron Corporation chief executive officer Former
Buck Institute Trustee Former
American Cyanamid Company Former
Pfizer Inc. Former
American Home Products Corporation Former
Columbia University M.B.A. Former
Williams College B.A. Former

Bill assumed overall responsibility for Legg Mason's equity funds management group in late 1990. Prior to this, he co-managed the Legg Mason Value Trust with Ernie Kiehne since its inception in 1982. He was the Director of Research of Legg Mason from October 1981 through June 1985. He earned his economics degree from Washington and Lee University where he graduated with honors in 1972. Subsequent to graduation, he served as a Military Intelligence Officer overseas and then pursued graduate studies in philosophy in the Ph.D. program at The Johns Hopkins University. Prior to joining Legg Mason in 1981, he served as Treasurer of the J.E. Baker Company, a major manufacturer of products for the steel and cement industries. Bill received his CFA designation in 1986. Bill currently serves as Chairman on the Board of Trustees of the Santa Fe Institute, one of the world's leading scientific research laboratories, which conducts multi-disciplinary research in complex systems theory.

Organization Position Status
Legg Mason Capital Management Inc. CEO Current
Vion Pharmaceuticals, Inc. Director, Chairman Current
Ci Financial Income Fund Current
Medasorb Technologies, Inc. Chairman of the Board Current
Santa Fe Institute Chairman Current
Elusys Therapeutics, Inc. Director Current
Manhattan School of Music Board of Directors Current
Scius Capital Group LLC Board of Directors Current
Legg Mason Capital Management Inc. Director of Research Former
Washington and Lee University Degree, Economics Former
The Johns Hopkins University Intelligence Officer Former
The Cold Chairman Former
J.E. Baker Company Treasurer Former
Santa Fe Institute Board of Directors Former
The Johns Hopkins University Ph.D., Philosophy Former
Washington and Lee University Degree Former
ImClone Systems Incorporated Board of Directors Former

Organization Position Status
Pinnaclecare Current
Myconostica Ltd Chairman of Scientific Board Current
Elusys Therapeutics, Inc. Board of Directors Current
Phri Former
Cornell University PhD Former
Brandeis University Ab Degree Former

Frank E. Young, M.D., Ph.D. has been a director since 2005. Dr. Young is a former Commissioner of the United States Food and Drug Administration ("FDA") and has had over a 40-year career in medicine, academia and government. After numerous academic appointments, Dr. Young served as Chairman of the Department of Microbiology and Professor of Microbiology, of Pathology, and of Radiation Biology and Biophysics at the University of Rochester, New York. Subsequently, he became Dean of the School of Medicine and Dentistry, Director of the Medical Center and Vice President for Health Affairs at the University of Rochester. Dr. Young joined the Department of Health and Human Services as Commissioner of the FDA and Assistant Surgeon General (Rear Admiral, USPHS) in 1984. Under Presidents Ronald Reagan, George H.W. Bush, and William J. Clinton, Dr. Young served as Commissioner of the FDA, Deputy Assistant Secretary and Director of the Office of Emergency Preparedness, Director of the National Disaster Medical System and as a member of the Executive Board of the World Health Organization (presidential appointee). Dr. Young currently serves as the Chief Executive Officer of Cosmos Alliance and is a partner of Essex Woodlands Health Ventures. In addition, Dr. Young currently serves on the board of Golden Pond Healthcare, publicly held special purpose acquisition company and the boards of the following private companies: Agennix, Inc. and Elusys Therapeutics, Inc. Dr. Young attended Union College and holds an M.D. degree from the University of the State of New York, Upstate Medical Center, where he graduated cum laude, and a Ph.D. degree from Case Western Reserve University.

Organization Position Status
The Cosmos Alliance Chief Executive Officer Current
Essex Woodlands Adjunct Partner Current
National Academy of Sciences Member, Institute of Medicine Current
Fda Launches New Web Current
Cangen Biotechnologies, Inc. Current
La Jolla Pharmaceutical Company Board of Directors Current
Elusys Therapeutics, Inc. Board of Directors Current
University of Rochester Vice President for Health Affairs Former
University of Rochester Director of the Medical Center Former
U.S. Food and Drug Administration Commissioner Former
Elusys Therapeutics, Inc. Advisor Former
U.S. Department of Health and Human Services coordinator Former
Defense Advanced Research Projects Agency Deputy Assistant Secretary for Health, and a senior advisor Former
Fda.Com commissioner Former
Fda.Com Commissioner Former
University of Rochester Professor of Pathology Former
University of Rochester Chairman Former
University of New York Doctor of Medicine Former
The State University of New York M.D. Former
Case Western Reserve University Ph.D. Former
New York University doctorate from Case Western Reserve University Former
Western Reserve University PhD Former
Union College Former

Dr. R. Gordon Douglas, Jr. was President, Merck Vaccines, responsible for the research, development, manufacturing, and marketing of Merck's vaccine products until May, 1999. He grew the vaccine business from $300 million to $1.2 billion, launched four new products, invested heavily in manufacturing facilities, as well as R & D, and expanded the business globally. He currently serves as consultant to the Vaccine Research Center at the National Institutes of Health, and serves on boards of several biotech companies and non-profits interested in vaccine and world health. Prior to joining Merck in 1989, Dr. Douglas had a distinguished career as a physician and academician, specializing in infectious diseases. From 1982 to 1990, he was Professor of Medicine and Chairman, Department of Medicine, Cornell University Medical College and Physician-in-Chief, The New York Hospital. He also served as Head of Infectious Disease Unit at the University of Rochester School of Medicine. Dr. Douglas has published more than 190 scientific papers and was co-editor, with Gerald L. Mandell and John E. Bennett, of the first three editions of the major textbook of infectious diseases, Principles and Practice of Infectious Diseases. Dr. Douglas is a graduate of Princeton University and Cornell University Medical College. He received his medical staff training at The New York Hospital and Johns Hopkins Hospital. He is a member of the Institute of Medicine, the Assocation of Amercian Physicians, the Infectious Diseases Society of America, and numerous other organizations.

Organization Position Status
National Institutes of Health Consultant Current
Nfid Current
Elusys Therapeutics, Inc. Board of Directors Current
University of Rochester School of Medicine & Dentistry Head of Infectious Disease Unit Former
The Practice Company Co-Editor Former
The Principles Co-Editor Former
Weill Medical College of Cornell University Former
Princeton University Former

Mr. Wolf, currently serves as one of the directors of Adeona. Mr. Wolf has substantial experience in creating, financing, nurturing and growing new ventures based upon breakthrough research and technology. Mr. Wolf is the founding partner of Seed-One Ventures, LLC, a venture capital group focused on seed-stage technology-based investments. Mr. Wolf has been a founder of Elusys Therapeutics, Inc., an antibody-based therapeutic company, Tyrx Pharma, Inc., a biopolymer-based company, Sensatex, Inc., a medical device company and Generation Mobile, Inc. a telecommunications company. Prior to founding Seed-One Ventures, Mr. Wolf served as the Managing Director of The Castle Group, Ltd., a biomedical venture capital firm. At both organizations, Mr. Wolf was responsible for supervising the formation and funding of new technology, biomedical, and service oriented ventures. Mr. Wolf currently sits on the board of Elusys Therapeutics and Netli, Inc. Mr. Wolf received his MBA from Stanford Business School, his JD from New York University School of Law and his BA with honors in Economics from the University of Chicago.

Organization Position Status
Seed-One Ventures, LLC Founder Current
Heat Biologics, Inc. Founder and Chairman Current
Seed-One Ventures, LLC Partner Current
Redchip Companies, Inc. Director Current
Elusys Therapeutics, Inc. Board of Directors Current
ADEONA PHARMACEUTICALS, INC. Director Current
Adeona Pharmaceuticals, Inc. Board of Directors Current
Tyrx Pharma Inc Founder Former
Elusys Therapeutics, Inc. Founder Former
Sensatex, Inc Founder Former
New York University School of Law Jd Former
New York University JD Former
Stanford Graduate School of Business MBA Former
University of Chicago BA With Honors In Economics Former

Organization Position Status
The Rockefeller University Professor Current
Memorial Sloan-Kettering Cancer Center Inc. Clinical Professor Current
Antigenics Inc. Current
Quark Biotech, Inc. Current
Pharmagenesis, Inc. Current
Semorex Inc. Current
Jya Archives Current
Science Commons Current
Ikonisys, Inc. Honorary Chairman, Nobel Laureate Current
Maxygen, Inc. Board of Directors Current
Elusys Therapeutics, Inc. Board of Directors Current
Foundation for the National Institutes of Health Board of Directors Current
Paladin Capital Group Strategic Advisory Board, Member Current
Defense Science LLC Board of Directors Current
National Academy of Sciences Member Current
The Rockefeller University President Former
University of Wisconsin Professor Former
Procter & Gamble Former
The Rockefeller University Chair Former
Yale University PhD Former

Martin P. Sutter is one of the two founding managing directors of Essex Woodlands Health Ventures, one of the oldest and largest healthcare focused venture capital firms with nearly $3 billion under management. Mr. Sutter has more than 30 years of management experience in operations, marketing, finance and venture capital. Mr. Sutter currently serves on the Board of Directors of BioForm Medical, LaJolla Pharmaceuticals, and LifeCell Corporation, which is in the process of being acquired by Kinetic Concepts, Inc. (KCI). He formerly sat on the Board of Confluent Surgical, which was acquired by Tyco International; Rinat Neuroscience, which was acquired by Pfizer Inc.; and St. Francis Medical Technologies, which was acquired by Kyphon, Inc. Mr. Sutter is also responsible for the partnership's investment in Spinal Concepts, which was acquired by Abbott Laboratories.

Organization Position Status
ABIOMED, Inc. Managing Director, Essex Woodlands Health Ventures Current
ATS Medical, Inc. Managing Director, Essex Woodlands Health Ventures Current
St. Francis Medical Technologies, Inc. Board of Directors Current
ABIOMED, Inc. Board of Directors Current
Confluent Surgical, Inc. Director Current
ATS Medical, Inc. Board of Directors Current
Rinat Neuroscience Corporation Director Current
Elusys Therapeutics, Inc. Board of Directors Current
La Jolla Pharmaceutical Company Board of Directors Current
The Mitchell Company, Inc. Former
Repros Therapeutics Inc. Chairman Former
The University of Houston M.B.A. Former
Louisiana State University B.S. Former

Dr. Douglas has served as a Director since January 2003. Dr. Douglas was President of Merck Vaccines, responsible for the research, development, manufacturing, and marketing of Merck s vaccine products until May 1999. He grew the vaccine business from $300 million to $1.2 billion, launched four new products, invested heavily in manufacturing facilities as well as research and development, and expanded the business globally. Prior to joining Merck in 1989, Dr. Douglas had a distinguished career as a physician and academician, specializing in infectious diseases. From 1982 to 1990, he was a Professor of Medicine and Chairman of the Department of Medicine at Cornell University Medical College and Physician in Chief of New York Hospital. He also served as Head of the Infectious Disease Unit at the University of Rochester School of Medicine. Dr. Douglas currently acts as consultant to the Vaccine Research Center at the National Institute of Health and serves on the boards of directors of several biotech companies and non-profits interested in vaccines and world health. Dr. Douglas is a graduate of Princeton University and Cornell University Medical College. He received his medical staff training at New York Hospital and Johns Hopkins Hospital.

Organization Position Status
Iomai Corporation President, Merck Vaccines Current
National Institutes of Health Consultant Current
Nfid Current
Vical Incorporated Chairman Current
Middlebrook Pharmaceuticals, Inc. Chairman Current
Elusys Therapeutics, Inc. Board of Directors Current
Vical Incorporated Board of Directors Current
Iomai Corporation Board of Directors Current
Elusys Therapeutics, Inc. President Former
National Institutes of Health Director of Strategic Planning Former
Weill Medical College of Cornell University Professor Former
University of Rochester School of Medicine & Dentistry Head of the Infectious Disease Unit Former
The Practice Company Co-Editor Former
The Principles Co-Editor Former
Advancis Pharmaceutical Corporation Chairman Former
Weill Medical College of Cornell University Chairman Former
Advancis Pharmaceutical Corporation Director Former
Middlebrook Pharmaceuticals, Inc. Board of Directors Former
Princeton University Bachelor's Degree Former
Cornell University Former

Organization Position Status
Children's Hospital Staff Physician Current
Elusys Therapeutics, Inc. Board of Directors Current
Genocea Board of Directors Current
Dana-Farber Cancer Institute Chief of the Infectious Disease Program Former
Harvard Medical School Professor of Medicine Former
Albert Einstein College of Medicine MD degree Former
University of Chicago Ab Degree Former

Dr. Taylor is presently a Professor of Biochemistry at the University of Virginia and the primary inventor of the Heteropolymer-mediated system to remove blood-borne pathogens. He has been actively engaged in research studies in the field of immunology, complement fixation, and autoimmune diseases for the past 20 years. Dr. Taylor received his BS in Chemistry from City College and his PhD in Physical Chemistry from Princeton University.

Organization Position Status
University of Virginia Professor Current
Elusys Therapeutics, Inc. Board of Directors Current
Princeton University PhD In Physical Chemistry Former
City College Inc BS In Chemistry Former
advertisement
advertisement