BNET Industries
Last Fiscal Year Sales:$590.8M
- Public
- US
Dow Jones Description
We are a biopharmaceutical company whose mission is to advance oncology care by developing and commercializing a portfolio of targeted treatments designed to address the medical needs of patients with cancer. We focus on what we believe are two promising strategies for treating cancer: growth factor blockers and angiogenesis inhibitors. We were incorporated under the laws of the State of Delaware on April 26, 1984. Our corporate headquarters and research facility are located at 180 Varick Street, New York, New York 10014 and our telephone number is (212) 645-1405. We make available free of charge on our Internet website (http://www.imclone.com) our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and amendments to these reports filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act as soon as reasonably practicable after we electronically file such material with, or furnish it to, the Securities and Exchange Commission. In addition, our Internet website includes other items related to corporate governance matters, including among other things, our corporate governance guidelines, charters of the various committees of the Board of Directors, and our corporate compliance program (including our Code of Business Conduct and Ethics). ...
Chairman and Chief Executive OfficerJames M. Cornelius
Number of Employees 1,128
Peer Companies
NAICS Code Biological Product (except Diagnostic) Manufacturing: 325414
Recent Events
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Another Reason to Hate Big Pharma's M&A
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13D Filings
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Carl Icahn makes move, boosts stake in Amylin
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ImClone deal drags Lilly's 4Q profits
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Merck CEO: Acquisitions are key priority for 2009
News & Analysis
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imclone systems inc. - All News and Analysis
Pension Fund Thinks Lilly / Imclone Deal Too Cheap
Derek Lowe submits: I honestly didn’t think I’d ever get the chance to write about Imclone IMCL again. But never say never! It turns out that a pension fund, the State Retirement System of Massachusetts, is suing to block the Lilly LLY acquisition – because, hold on to your...
Is Eli Lilly ImClone's Secret Bidder?
Mike Huckman submits: The Wall Street Journal unmasked the identity--Eli Lilly LLY--of ImClone's IMCL secret suitor. A spokesman for LLY said he couldn't confirm or deny the report. IMCL put out a press release Wednesday night saying that the mystery bidder has asked to remain anonymous. by Mike Huckman
Eli Lilly, ImClone: The Waiting Game Continues
Mike Huckman submits: Eli Lilly LLY has been running direct-to-doctor ads over the past few months telling physicians that Effient, the company's new bloodthinner, is "Coming Soon." Well, it may have jumped the gun. The Food and Drug Administration, which had put Effient on a fast-track toward potential...
Predictions on Imclone's Suitors
Derek Lowe submits: So it seems that Bristol-Myers Squibb BMY took my advice (yeah, sure) and made an insultingly incremental counteroffer for Imclone IMCL , raising their $60/share all the way to. . .$62. I was hoping for something more like $60.25 myself, but you can’t have everything (I...
BMY Ups the Ante on ImClone
Mike Havrilla submits: Last night, Bristol-Myers BMY announced plans to increase its bid for the remaining 83% of ImClone Systems IMCL that it does not already own, to $62 per share, and plans to take the offer directly to shareholders in the form of a tender offer. ImClone and Chairman...
Bristol-Myers Raises ImClone Offer to $62
Ron Haruni submits: In a letter send Monday to Carl Ichan, the Chairman of ImClone Systems IMCL, Bristol-Myers Squibb BMY, announced that after consulting with external financial advisors, the company has concluded that its initial $60 per share all cash offer made two months ago for ImClone was inadequate. Therefore,...
Bristol-Myers Squibb to Commence Cash Tender Offer for ImClone Systems at $62.00 per share
NEW YORK -- Bristol-Myers Squibb Company (NYSE: BMY) today announced that it is increasing its initial offer for ImClone Systems Incorporated (NASDAQ: IMCL) and intends to commence a tender offer for the currently outstanding shares of common stock of ImClone that are not already owned by Bristol-Myers Squibb for $62.00...
Bristol-Meyers Squibb vs. Imclone: Icahn Stirs Up the Pot
Derek Lowe submits: I haven’t mentioned the attempt by Bristol-Meyers Squibb BMY to buy out Imclone IMCL until now. The reasons for the move are unsurprising – BMS would like all the revenue from Erbitux, instead of just a share of it, and sees some value coming up in...
Status Report: ImClone Systems - Bristol-Myers Squibb
The M & A Researcher submits: On Thursday, September 11, Bristol-Myers Squibb BMY issued this letter to ImClone Systems IMCL in response to IMCL's offer rejection. Excerpts include the following: As you know, Bristol-Myers holds the exclusive, long-term marketing rights in the United States to ERBITUX® and related...
Ownership of Erbitux Follow-On Is Central to ImClone Takeover
EP Vantage submits: The escalating squabble between Bristol-Myers Squibb BMY and ImClone Systems IMCL over ownership of the potentially valuable Erbitux follow-on, IMC-11F8, is likely to be a big factor in determining whether a third party makes a firm offer for the US biotech. A look at...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| John H. Johnson | Chief Executive Officer |
| Samuel D. Waksal | President |
| Eric K. Rowinsky | Chief Medical Officer |
| Kenneth J. Zuerblis | Senior Vice President & CFO |
| Ana I. Stancic | Senior Vice President, Finance |
| Daniel J. O'Connor | Senior Vice President, General Counsel & Secretary |
| Kenneth William Powell Andrew | Senior Vice President, General Counsel |
| Larry Witte | Senior Vice President, Research |
| Michael Bailey | Senior Vice President, Commercial Operations |
| Peter Bohlen | Senior Vice President, Res |
| Richard Crowley | Senior Vice President, Biopharmaceutical Operations |
| Ronald A. Martell | Senior Vice President, Commercial Operations |
| Andrea F. Rabney | Vice President, Corp Communications |
| Charles Dunne | Vice President, MIS & Facilities |
| Daniel Hicklin | Vice President, Experimental Therapeutics |
| David M. Pitts | Assistant Vice President, Corp Communications |
| David Schloss | Vice President, Human Resources |
| Douglas E. Swan | Vice President, Field Operations |
| Gary Paulter | Vice President, Engineering & Facilities |
| Jeff Skulsky | Vice President |
| Joan Connolly | Associate Vice President, Strategy & Operations |
| John B. Landes | Vice President, Business Development |
| Joseph Depinto | Vice President, Commercial Operations |
| Lisa M. Cammy | Vice President, HR |
| Marc Labelle | Vice President |
| Margaret Dalesandro | Vice President, Project Management |
| Margery B. Fischbein | Vice President |
| Nikhil Mehta | Vice President, CMC Regulatory Affairs |
| Paul A. Goldstein | Vice President, Finance Operations |
| Peter R. Borzilleri | Vice President, Internal Audit |
| Thomas C. Gallagher | Vice President, Intellectual Property |
| Vivienne E. Arasi | Vice President |
| Bernhard Ehmer | Senior Vice President & Managing Director, Int'L Operations |
| Harlan W. Waksal | Founder |
| Jason E. Farber | Director, Corp Communications |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| James M. Cornelius | Chairman and Chief Executive Officer |
| Jules Haimovitz | Chairman |
| Robert F Goldhammer | Chairman of The Board of Directors |
| Alexander J. Denner | Board of Directors |
| Andrew R.J. Bonfield | Board of Directors |
| Charles Woler | Board of Directors |
| David Sidransky | Vice Chairman |
| John E. Celentano | Board of Directors |
| Peter S. Liebert | Board of Directors |
| Richard Mulligan | Board of Directors |
| Thomas F. Deuel | Board of Directors |
| Vincent T. Devita Jr. | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Chairman and Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Chief Executive Officer | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | President | Current |
Dr. Rowinsky has served as a director since February 2008. Dr. Rowinsky currently serves as Executive Vice President of Clinical Development and Regulatory at ImClone Systems Incorporated, a wholly-owned subsidiary of Eli Lilly and Company. Prior to joining ImClone Systems in 2005, Dr. Rowinsky focused his academic efforts in cancer drug development as the Director of Clinical Research and later Director of the Institute for Drug Development of the Cancer Therapy and Research Center in San Antonio and the SBC Endowed Chair for Early Drug Development from 1996 to 2005. He was also Clinical Professor of Medicine in the Division of Medical Oncology at the University of Texas Health Science Center at San Antonio from 1996 to 2006. From 1987 to 1996, Dr. Rowinsky served as an Associate Professor of Oncology at the Johns Hopkins University School of Medicine. He was a longstanding NCI principal investigator on U01 anticancer drug development grants and integrally involved in pivotal clinical and preclinical investigations which led to the development of paclitaxel, docetaxel, topotecan, irinotecan, erlotinib and gefitinib, among others. Dr. Rowinsky is the Editor-in-Chief of Investigational New Drugs, an Associate Editor and/or Editorial Board Member of Cancer Research (Associate Editor and Reviews Editor), Clinical Cancer Research, Annals of Oncology, Cancer Biology and Therapy and several other oncology journals and has published over 270 manuscripts in both the preclinical and clinical research fields. He has also served on the Scientific Advisory Board and Project Advisory Boards of a large number of pharmaceutical and biotechnology companies and has advised and/or presented aspects of New Drug Applications to the FDA on several occasions. Dr. Rowinsky's honors include receipt of the career development award of the American Cancer Society and the 6th Annual Emil J. Freireich Award for outstanding achievement of a young researcher in clinical cancer therapeutics. He also served on the Board of Scientific Counselors of the National Cancer Institute. Dr. Rowinsky received his B.A. degree from New York University and his M.D. from the Vanderbilt University School of Medicine. Following his residency in internal medicine at the University of California, he completed fellowship training in medical oncology at the Johns Hopkins University School of Medicine.
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Chief Medical Officer | Current |
| ImClone Systems Incorporated | Executive Vice President of Clinical Development and Regulatory | Current |
| Supratek Pharma Inc | Board of Directors | Current |
| Adventrx Pharmaceuticals Inc | Director | Current |
| Institute for Drug Development | Director of Clinical Research | Former |
| Johns Hopkins University School of Medicine | Associate Professor of Oncology | Former |
| University of Texas Health Science Center at San Antonio | Clinical Professor of Medicine | Former |
| The Johns Hopkins University | Associate Prof of Oncology | Former |
| Vanderbilt University School of Medicine | M.D. | Former |
| New York University | B.A. Degree | Former |
Mr. Zuerblis owned no shares of the Company's stock at June 30, 2008, nor did he have any options exercisable prior to August 29, 2008.
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President & CFO | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, General Counsel & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, General Counsel | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, Research | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, Commercial Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, Res | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, Biopharmaceutical Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President, Commercial Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, MIS & Facilities | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Experimental Therapeutics | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Assistant Vice President, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Field Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Engineering & Facilities | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Associate Vice President, Strategy & Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Business Development | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Commercial Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Project Management | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, CMC Regulatory Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Finance Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Internal Audit | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President, Intellectual Property | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Senior Vice President & Managing Director, Int'L Operations | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Founder | Current |
| Senesco Technologies Inc. | Board of Directors | Current |
| Montclair Art Museum | Board of Directors | Current |
| Oberlin College | Board of Directors | Current |
| ImClone Systems Incorporated | Director | Former |
| Tufts University School of Medicine | M.D. | Former |
| Oberlin College | Bachelor of Arts In Biology | Former |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Director, Corp Communications | Current |
| ImClone Systems Incorporated | Director, Corp Communications | Former |
| Shell Oil Company | geophysicist | Former |
| Organization | Position | Status |
|---|---|---|
| Dick Clark Productions, Inc. | Managing Director | Current |
| The Brooklyn College Foundation, Inc | Trustee | Current |
| ImClone Systems Incorporated | Chairman | Current |
| Blockbuster, Inc. | Board of Directors | Current |
| Dick Clark Productions, Inc. | Vice Chairman | Current |
| InfoSpace, Inc. | Board of Directors | Current |
| King World Productions, Inc. | President and Chief Operating Officer | Former |
| Brooklyn College | M.A. degree in Mathematics | Former |
| Organization | Position | Status |
|---|---|---|
| Broadsword Partners, LLC | Co-Founder | Current |
| Community Connect, Inc. | Chairman | Current |
| ImClone Systems Incorporated | Chairman of The Board of Directors | Current |
| Broadsword Partners, LLC | Board of Directors | Current |
| The Boston Stock Exchange Inc. | Chairman | Former |
| Kidder, Peabody & Co. | Vice Chairman of the Board of Directors | Former |
| Boston University | Former |
| Organization | Position | Status |
|---|---|---|
| Adventrx Pharmaceuticals Inc | Board of Directors | Current |
| Hypermed, Inc. | Director | Current |
| ImClone Systems Incorporated | Board of Directors | Current |
| ImClone Systems Incorporated | Chairman | Former |
| Yale University | M.Phil. | Former |
| Organization | Position | Status |
|---|---|---|
| Bristol-Myers Squibb Company | Executive Vice President & Chief Financial Officer | Current |
| Bristol-Myers Squibb Company | Senior Vice President | Current |
| Boc Limited | Non-Executive Director | Current |
| ImClone Systems Incorporated | Board of Directors | Current |
| Bristol-Myers Squibb Company | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Duke Street Capital | Operating Partner | Current |
| ImClone Systems Incorporated | Board of Directors | Current |
| GlaxoSmithKline Plc | Former |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Vice Chairman | Current |
| ImClone Systems Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Board of Directors | Current |
| Cadus Corp | Director | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| ImClone Systems Incorporated | Board of Directors | Current |
Executive News
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Senesco Technologies, Inc. Announces the Appointment of Dr. Harlan W. Waksal, M.D. as Chairman of the Board of Directors and the Addition of Mr. Warren J. Isabelle, CFA to its Board of Directors
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Senesco Technologies, Inc. Announces the Appointment of Dr. Harlan W. Waksal, M.D. as Chairman of the Board of Directors and the Addition of Mr. Warren J. Isabelle, CFA to its Board of Directors
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Icahn Claims Biogen Board Seats
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Biogen, Icahn board fight down to the wire
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UPDATE 4-Biogen counting votes, but Icahn claims 2 seats
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REFILE-UPDATE 2-Biogen recesses holder vote, Icahn cries foul
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Biogen says vote not counted, Icahn claims 2 seats
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Biogen recesses shareholder vote, Icahn cries foul
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Biogen calls break in contested shareholder parley
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Amylin critics oust 2 board leaders
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Glass Door
ImClone
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