BNET Industries

Market Cap:$129.3M
Last Fiscal Year Sales:$1.2M
  • Public
  • US
Dow Jones Description

Keryx Biopharmaceuticals is focused on the acquisition, development and commercialization of medically important, novel pharmaceutical products for the treatment of life-threatening diseases, including renal disease and cancer. Keryx is developing Zerenex(TM)(ferric citrate), an oral, iron-based compound that has the capacity to bind to phosphate and form non-absorbable complexes. Zerenex has recently completed a Phase 2 clinical program as a treatment for hyperphosphatemia (elevated phosphate levels) in patients with end-stage renal disease. The Company is also developing KRX-0401 (perifosine), a novel, potentially first-in-class, oral anti-cancer agent that modulates Akt, a protein in the body associated with tumor survival and growth. KRX-0401 also modulates a number of other key signal transduction pathways, including the JNK and MAPK pathways, which are pathways associated with programmed cell death, cell growth, cell differentiation and cell survival. KRX-0401 is currently in Phase 2 clinical development for multiple tumor types. The Company also actively engages in business development activities that include seeking strategic relationships for its product candidates and for the Company, as well as evaluating compounds and companies for in-licensing or acquisition. Keryx is headquartered in New York City.

Chief Executive Officer
Ron Bentsur
Number of Employees 17
Contact Information

750 Lexington Ave 20th Fl

New York, New York 10022

keryx.com

(212) 531-5965

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • Keryx Biopharma KERX Posts Q3 EPS of 1c, Beats by 10c

    11/10/09 - Financial Announcement - View Story

  • Keryx to secure $20 million in registered direct offering

    9/30/09 - New Investment - View Story

  • Emerging Stock Report Initiates Independent Research Coverage on Keryx Biopharmaceuticals, Inc.

    9/22/09 - Bond / Stock Rating - View Story

News & Analysis

keryx biopharmaceuticals inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Ron Bentsur Chief Executive Officer
Craig Henderson President
Beth F. Levine Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
James F Oliviero Chief Financial Officer
Mark Stier Chief Accounting Officer
William P. Kane Vice President, Commercial Operations
Peter M. Kash Co-Founder
Shmuel Ben-Sasson Founder
Lauren Fischer Director of I, R
Edmund J Lewis
Kevin J. Cameron Michael Tarnok Our Executive Officers
Robert Birch
Eric A. Rose Director
Eric J. Rose Director
Malcolm Hoenlein Director
Mark H. Rachesky Director

Board of Directors

Name (plus bio) Position
Michael P. Tarnok Interim Chairman
I. Craig Henderson Board of Directors
Jack Kaye Board of Directors
Lindsay A. Rosenwald Board of Directors
W. Wyche Fowler Board of Directors
Wyche Fowler Board of Directors

Mr. Bentsur has served as Keryx's Chief Executive Officer since May 2009. Prior to joining Keryx, Mr. Bentsur served as Chief Executive Officer of XTL Biopharmaceuticals, Inc. ("XTL"), a position he held from January 2006 until April 2009. Prior to his tenure at XTL, Mr. Bentsur was with Keryx from 2000-2006, serving as our Chief Financial Officer from June 2003 until his departure in January 2006. From July 1998 to October 2000, Mr. Bentsur served as Director of Technology Investment Banking at Leumi Underwriters, where he was responsible for all technology/ biotechnology private placement and advisory transactions. From June 1994 to July 1998, Mr. Bentsur worked as an investment banker in NYC, most of this period at ING Barings Furman Selz. Mr. Bentsur holds a BA in Economics and Business Administration with distinction from the Hebrew University of Jerusalem, Israel and an MBA, Magna Cum Laude, from New York University's Stern Graduate School of Business.

Organization Position Status
Keryx Biopharmaceuticals, Inc. Chief Executive Officer Current
Keryx Biopharmaceuticals, Inc. Board of Directors Current
XTL Biopharmaceuticals Ltd. Chief Executive Officer Former

Craig Henderson, M.D. is one of the world's leading breast cancer clinicians and researchers. He is currently President of Keryx Biopharmaceuticals and on the Board of Directors of ALZA Corporation. He is also Adjunct Professor, in the Department of Hematology/Oncology at the University of California, San Francisco. Previously, he was a member of the Harvard faculty for 18 years before moving to the University of California, San Francisco where he was Professor of Medicine, Chief of Hematology/Oncology, and Associate Director of the Cancer Center. In 1995, he became Chief Executive Officer and Chairman of SEQUUS Pharmaceuticals, Inc., Menlo Park, California, and continued there until the merger with ALZA Corporation in 1999. SEQUUS Pharmaceuticals was a drug delivery company with an expertise in developing and marketing anti-cancer drugs. Among Dr. Henderson's many appointments, Dr. Henderson served as a member of the FDA Oncologic Drugs Advisory Committee and was the chairman of such committee from 1990-1992.

Organization Position Status
Keryx Biopharmaceuticals, Inc. President Current
University of California, San Francisco Adjunct Professor Current
Bionovo, Inc. Board of Directors Current
California Inc Chief Executive Officer Former
University of California, San Francisco Chief of Hematology, Oncology Former

Organization Position Status
Keryx Biopharmaceuticals, Inc. Senior Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary Current
Pfizer Inc. Current
Paul, Weiss, Rifkind, Wharton & Garrison Litigation Associate Former
Fordham University Law School J.D. Former

Mr. Oliviero has served as Keryx's Vice President, Finance since March 2008. From May 2003 until March 2008, Mr. Oliviero served as Keryx's Controller, where he was involved in all capital raising, licensing and acquisition transactions. Since joining Keryx, Mr. Oliviero has also been in charge of leading Keryx's efforts to comply with Securities and Exchange Commission rules and regulations and other corporate governance matters. From August 1999 until May 2003, Mr. Oliviero served as Director of Finance for ACCESS Oncology, Inc., a privately-held biotechnology company. From July 1997 to August 1999, Mr. Oliviero was an investment banker at ING Barings Furman Selz in New York City, where he worked on various mergers and acquisitions and equity and debt transactions. Mr. Oliviero holds a B.B.A. in Finance with Highest Distinction from Emory University's Goizueta Business School.

Organization Position Status
Keryx Biopharmaceuticals, Inc. Chief Financial Officer Current
Keryx Biopharmaceuticals, Inc. Vice President, Finance Current
Access Oncology Inc. Director of Finance Former
Keryx Biopharmaceuticals, Inc. Controller Former

Organization Position Status
Keryx Biopharmaceuticals, Inc. Chief Accounting Officer Current
Alpharma, Inc. President Former

Organization Position Status
Keryx Biopharmaceuticals, Inc. Vice President, Commercial Operations Current

Mr. Kash is a co-founder and Chairman of Two River Group. Prior to co-founding Two River, from June 1992 until September 2004, Mr. Kash was Senior Managing Director of Paramount BioCapital Investments, LLC, as well as Paramount BioCapital, Inc. (collectively, "Paramount"), an NASD member broker dealer specializing in conducting private financings for public and private development stage biotechnology companies. Mr. Kash has raised more than $500 million in private equity financings for more than 20 biopharmaceutical companies. He has also served on the board of directors of several privately held and publicly traded biotechnology companies, including as vice chairman of the Board of Directors of Keryx Biopharmaceuticals, Inc. (NASDAQ:KERX) and Javelin Pharmaceuticals, Inc. (OTCBB:JVPH.OB). He has also served as a director of several offshore investment vehicles. Mr. Kash served as an Associate Professor of Marketing at Polytechnic University and was an Adjunct Professor of Entrepreneurship and International Venture Capital at the Wharton School of Business at the University of Pennsylvania from 1996-2000. He was Entrepreneur in Residence at Pace University Spring 2001 and at Ball State University in May 2002. He served as a Visiting Professor of Entrepreneurship at the Graduate School of Business at Nihon University in Tokyo. Currently, he is an Adjunct Professor of Entrepreneurship at the Sy Syms School of Business. Mr. Kash earned his B.S. in Management Science from SUNY Binghamton and his M.B.A. in Banking and International Finance from Pace University. He serves on the Board of Keren-Or, a charity for blind and multi-handicapped children. In 2001 Mr. Kash published his book, Make Your Own Luck (Prentice Hall), which has since been translated into five languages.

Organization Position Status
Two River Group Holdings, LLC President and Partner Current
Keryx Biopharmaceuticals, Inc. Co-Founder Current
Voices of Distinction Current
Two River Group Holdings, LLC Chairman Current
Keren or, Inc Board of Directors Current
Velcera Pharmaceuticals Inc. Director Current
Velcera Pharmaceuticals Inc. Vice Chairman of the Board of Directors Current
Pear Tree Pharmaceuticals, Inc. Director Current
Tigris Pharmaceuticals, Inc. Vice Chairman Current
Two River Group Holdings, LLC Co-Founder Former
Shearson Lehman Hutton Former
Keryx Biopharmaceuticals, Inc. Vice Chairman Former

"I was just expecting funding and received in addition a lot of experience, wisdom and a global support that does not ignore personal issues. All that makes JGV our home-base." Prof Ben-Sasson, a world-renowned cell biologist, leads Chiasma's research. Muli is an Associate Professor at the Department of Experimental Medicine and Cancer Research, Hebrew University-Hadassah Medical School, Jerusalem, former Chairman of the Hubert H. Humphrey Center for Experimental Medicine and Cancer Research there. He also holds a position of visiting professor at the Harvard Medical School. Muli is an experienced life sciences entrepreneur, with over 20 patents registered to his name. He is scientific founder of Keryx Biopharmaceuticals Inc. (NASDAQ KERX) and the inventor of its KinAce core technology that enables a rational drug design vis-a-vis a broad spectrum of protein kinases.

Organization Position Status
Jerusalem Global Ventures, Ltd. Cso, Chiasma Current
Keryx Biopharmaceuticals, Inc. Founder Current
Harvard Medical School Visiting Professor Current

Organization Position Status
Keryx Biopharmaceuticals, Inc. Director of I, R Current

Organization Position Status
Keryx Biopharmaceuticals, Inc. Current

Organization Position Status
Lewis Corp. President Current
Keryx Biopharmaceuticals, Inc. Michael Tarnok Our Executive Officers Current
Keryx Biopharmaceuticals, Inc. Board of Directors Current
Kellogg, Huber, Hansen, Todd, Evans Attorney Former
Law Review Editor Former
NorthPoint Communications Former
McGill University Undergraduate Degree Former
University of Chicago Degree Former

Organization Position Status
Keryx Biopharmaceuticals, Inc. Current
University of Wales Ph.D. in statistics Former

Organization Position Status
Keryx Biopharmaceuticals, Inc. Interim Chairman Current
Keryx Biopharmaceuticals, Inc. Board of Directors Current
Keryx Biopharmaceuticals, Inc. Interim Chief Executive Officer Former
Pfizer Inc. Senior Vice President, Finance, US Pharmaceuticals Division Former
Celanese Corporation Former
New York University M.B.A. In Marketing Former
St. John and Company B.S. In Accounting Former
St. John's University B.S. In Accounting Former

Array

Organization Position Status
Siga,Inc. Chief Executive Officer Current
Trans Tech Pharma Medical Leader, Heart Surgeon, Researcher, and Entrepreneur Current
Quantiamd Chairman, Columbia University Department of Surgery. Current
SIGA Technologies, Inc. Chairman of the Board Current
Siga,Inc. Chairman of the Board Current
Nephros, Inc. Director Current
Trans Tech Pharma Board of Directors Current
Scius Capital Group LLC Board of Directors Current
World Product Centre Board of Directors Current
Sciedunet Board of Directors Current
ABIOMED, Inc. Board of Directors Current
Pharmacore, Inc. Board of Directors Current
Surgical Services, Inc Director Current
SIGA Technologies, Inc. Director Current
Keryx Biopharmaceuticals, Inc. Director Current
Nephros, Inc. CEO Former
Nephros, Inc. President Former
Trans Tech Pharma Co-Founder Former
SIGA Technologies, Inc. Principal Executive Officer Former
Siga,Inc. Director Former
Columbia College Bachelor's Degree Former
Kbl Healthcare, Inc. Chairman Current
Stanford University postgraduate training in general surgery and Cardio, Thoracic surgery Former

Dr. Rose is executive vice president for life sciences at MacAndrews & Forbes Holdings and CEO of Siga Technologies, Inc. He is also an active member of the National Biodefense Science Board (NBSB). Dr. Rose is currently on leave as professor and chairman of the Department of Surgery at Columbia University College of Physicians and Surgeons. He pioneered heart transplantation in children, performing the first successful pediatric heart transplant and has investigated alternatives to heart transplantation, including cross-species transplantation and man-made heart pumps. Dr. Rose is a past President of the International Society for Heart and Lung Transplantation. Dr. Rose is also Morris & Rose Millstein Professor of Surgery at Columbia University's College of Physicians and Surgeons' Department of Surgery. Dr. Rose also serves as a Director of Abiomed, Inc., Nephros, Inc. and Keryx Biopharmaceuticals, Inc. Dr. Rose is a graduate of both Columbia College and the Columbia University College of Physicians & Surgeons.

Organization Position Status
SIGA Technologies, Inc. CEO Current
MacAndrews & Forbes Holdings Inc. Executive Vice President for Life Sciences Current
Columbia University College of Physicians and Surgeons Prof Current
Columbia University College of Physicians and Surgeons Chairman of The Department of Surgery Current
SIGA Technologies, Inc. Chairman Current
Keryx Biopharmaceuticals, Inc. Director Current
ABIOMED, Inc. Director Current
World Product Centre Board of Directors Current
Columbia College Bachelor's Degree Former
Columbia University College of Physicians and Surgeons Degree Former

Organization Position Status
Keryx Biopharmaceuticals, Inc. Board of Directors Current
Keryx Biopharmaceuticals, Inc. President Former

Jack Kaye, 64, has served on our Board of Directors since September 2006. Mr. Kaye began his career at Deloitte & Touche, LLP, an international accounting, tax and consulting firm, in 1970, and was a partner in the firm from 1978 until May 2006, when he retired. At Deloitte, Mr. Kaye was responsible for serving a diverse client base of public and private, global and domestic, companies in a variety of industries. Mr. Kaye has extensive experience consulting with clients on accounting and reporting matters, private and public debt financings, SEC rules and regulations and corporate governance/Sarbanes-Oxley issues. In addition, he has served as Deloitte s Tri-state liaison with the banking and finance community and assisted clients with numerous merger and acquisition transactions. Most recently, Mr. Kaye served as Partner-in-Charge of Deloitte s Tri-State Core Client practice, a position he held for more than twenty years. Mr. Kaye also serves on the board of directors of Balboa Biosciences, Inc., a privately owned biotech company. Mr. Kaye earned a B.B.A. from Baruch College and is a Certified Public Accountant.

Organization Position Status
Balboa Biosciences Inc. Board of Directors Current
Keryx Biopharmaceuticals, Inc. Board of Directors Current
Keryx Biopharmaceuticals, Inc. Chairperson Current

Organization Position Status
Paramount Biosciences, LLC Chairman and Chief Executive Officer Current
Endo Pharmaceuticals Solutions Inc. Co-Founder Current
Chem Rx Chairman of the Board Current
Keryx Biopharmaceuticals, Inc. Board of Directors Current
Cougar Biotechnology, Inc. Board of Directors Current
Cougar,Inc. Director Current
Paramount Biosciences, LLC Managing Member Current
Cardiome Pharma Corp. Former
Neose Technologies, Inc. Former
Repligen Corporation Former
Avigen, Inc. Former
Cypress Bioscience, Inc. Former
Therapeutics Incorporated Former
Temple University School of Medicine M.D. Former
The Pennsylvania State University B.S. In Finance Former

In June 1986, Malcolm Hoenlein was elected Executive Vice Chairman of the Conference of Presidents of Major American Jewish Organizations, the coordinating body on international Jewish concerns for 50 national Jewish organizations. Previously, he served as the founding Executive Director of the Jewish Community Relations Council of Greater New York , the central coordinating agency for Jewish organizations in the metropolitan New York area. Prior to that, he was the founding Executive Director of the Greater New York Conference on Soviet Jewry. Malcolm Hoenlein received his B.A. in Political Science from Temple University and his Masters degree from the University of Pennsylvania?s Department of International Relations, where he completed his doctoral course work. A National Defense Fellow in the University?s Near East Center , Mr. Hoenlein taught International Relations in the Political Science Department and served as a Middle East specialist at the Foreign Policy Research Institute. In addition, he served on the editorial staff of ORBIS, the Journal of International Affairs. Mr. Hoenlein has traveled throughout the world meeting with world leaders and Jewish communities. He has written and lectured across the US and abroad on international relations, Israel and Middle East affairs, Soviet and World Jewry, terrorism, the American Jewish community, and intergroup relations. Mr. Hoenlein serves as an advisor to many public officials and is frequently consulted on public policy issues. He appears regularly in the media. Mr. Hoenlein has been the recipient of many awards and tributes. Among recent honors, he was conferred a Doctorate of Humane Letters (Honoris Causa) by Yeshiva University and a Doctorate of Laws (Honoris Causa) from Touro College and was honored by, among others, State of Israel Bonds for his ?valiant and extraordinary service to Israel and the Jewish people,? the Private Sector Initiative Award from President Ronald Reagan, American ORT honored him with a special ?Man of the Millennium? Tribute, the first Quittman Award for Jewish Professional Excellence, the Defender of Jerusalem Award, Millender Fellow at Brandeis University, Fellow of the Jerusalem College of Technology, the Jack D. Weiler Award for Jewish Communal Service, and the Union of Orthodox Jewish Congregations National Service Award. Mr. Hoenlein played a key role in organizing the massive National Solidarity Rally for Israel in Washington, DC in 2002. The Forward listed him as the most influential Jewish leader.

Organization Position Status
The Conference of Presidents CEO Current
America's Voices Chairman Current
Company 'c' Hair Chairman Current
Waterchef, Inc. Board of Directors Current
Keryx Biopharmaceuticals, Inc. Director Current
Inter-Agency Task Force Executive Vice Chairman Current
Manhattan Pharmaceuticals, Inc. Board of Directors Current
Tikvah Therapeutics, Inc. Board of Directors Current
The Conference of Presidents Executive Vice Chairman Current
America's Voices Executive Vice Chairman of The Conference of Presidents of Maj American Jewish Organizations Former
O.D.F. Optronics Ltd Executive Vice Chairman of the Conference of Presidents of Major American Jewish Organizations Former
Jewish Co Executive Director Former
Orbis LLC Board of Directors Former
Yeshiva University Doctorate Former
Touro College Doctorate Former
Temple University B.A. In Political Science Former

Organization Position Status
NationsHealth, Inc. Co-Founder Current
East Coast Diabetic Supply Co-Founder Current
Neose Technologies, Inc. Board of Directors Current
Loral Space & Communications, Inc. Chairman Current
Telesat Canada Non-Executive Chairman of the Board Current
Leap Wireless International, Inc. Member and Chairman Current
NationsHealth, Inc. Board of Directors Current
Keryx Biopharmaceuticals, Inc. Director Current
NovaDel Pharma Inc. Board of Directors Current
Lions Gate Entertainment Corp. Board of Directors Current
Emisphere Technologies, Inc. Board of Directors Current
East Coast Diabetic Supply Board of Directors Current
Leap Wireless International, Inc. Board of Directors Former
Stanford University School of Medicine M.D. Former
Stanford University M.B.A. Former
University of Pennsylvania BS Former

Wyche Fowler, Jr., 68, has served on our Board of Directors since November 2006. Senator Fowler served for 16 years in the United States Congress representing the state of Georgia, including service in the United States Senate from 1987 to 1993. Following his service as a Senator, Senator Fowler served as the U.S. Ambassador to the Kingdom of Saudi Arabia from 1996 through 2001. He received his B.A. in English from Davidson College, a J.D. from Emory University and honorary degrees from Hofstra University, Davidson College and Morris Brown College. Prior to his election to Congress, he practiced law in Atlanta, Georgia for eight years. He is currently engaged in an international business and law practice and serves as Chairman of the Board of the Middle East Institute, a non-profit research foundation in Washington, D.C. Mr. Fowler also serves on the board of directors of Shubert Theaters, the Shubert Foundation, Brandywine Realty Trust and ZIOPHARM Oncology, Inc.

Organization Position Status
Keryx Biopharmaceuticals, Inc. Board of Directors Current

Organization Position Status
Keryx Biopharmaceuticals, Inc. Board of Directors Current
Brandywine Realty Trust Board of Directors Current
Brandywine Realty Trust Trustee Current
Emory University J.D. Former
Davidson College B.A. In English Former
Hofstra University Degrees Former
Morris Brown College Degrees Former
Davidson College Degrees Former

Executive News

  • TV boosts Lions Gate quarterly earnings

    FOX 43 - 8/11/09 - View Story

  • Television delivers strong quarter for Lions Gate

    Los Angeles Times - 8/10/09 - View Story

  • Keryx Biopharmaceuticals (KERX) Commences Phase 1 Study of KRX-0401 (Perifosine) in Recurrent Pediatric Solid Tumors at Memorial Sloan-Kettering Cancer Center

    BioSpace - 7/14/09 - View Story

  • Keryx Biopharmaceuticals, Inc. Commences Phase 1 Study of KRX-0401 (Perifosine) in Recurrent Pediatric Solid Tumors at Memorial Sloan-Kettering Cancer Center

    PR Newswire - 7/14/09 - View Story

  • Obama talks of progress on Israeli settlements

    Reuters - 7/13/09 - View Story

  • Obama Moves to Assuage Jewish Leaders

    New York Times - 7/13/09 - View Story

  • Has Obama Turned on Israel?

    The Wall Street Journal Interactive Edition - 7/02/09 - View Story

  • NY Comptroller To Divest $86.2 Million In State Pension Fund Investments

    Morningstar.com - 6/30/09 - View Story

  • Keryx Biopharmaceuticals Inc. Regains Compliance With NASDAQ Listing Requirements

    Pharma Live - 6/24/09 - View Story

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     KERX $2.31 +0.02 (0.87% )
Average Volume 2,342,000
Shares Outstanding 55.98M
Market Cap 129.3M
Year High 3.33
Year Low 0.09
Earnings Per Share 0.25
P/E Ratio 9.24
Dividend N/A
Yield N/A
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