BNET Industries

Market Cap:$950.3M
Last Fiscal Year Sales:$12.5M
  • Public
  • US
Dow Jones Description

We are a biopharmaceutical company focused on the rapid development of novel small molecule drugs to treat serious diseases for which there are limited treatment options. Our current lead clinical candidates are directed at treating Alzheimers disease, Huntington disease and castration-resistant prostate cancer. Our Alzheimers and Huntington disease programs are partnered with Pfizer Inc., or Pfizer, and our prostate cancer program remains unpartnered. With Pfizer, we are conducting a broad clinical development program for our investigational drug dimebon (latrepirdine), including a pivotal and confirmatory Phase 3 trial in patients with mild-to-moderate Alzheimers disease, a Phase 3 trial in mild-to-moderate Alzheimers disease patients who are taking Aricept ® , the leading approved Alzheimers disease medication, a Phase 3 safety study in patients with mild-to-moderate Alzheimers disease, which is designed to fully populate the safety database to give us the option for an earlier-than-planned filing of our initial marketing application should we and Pfizer elect to pursue that option, and a Phase 3 trial in Huntington disease. Our development program also includes two additional Phase 3 trials in moderate-to-severe Alzheimers disease scheduled to begin this year. In addition, we are conducting a Phase 1-2 clinical trial of MDV3100 in patients with castration-resistant (also known as hormone-refractory) prostate cancer, and plan to begin a Phase 3 trial this year. ...

President & CEO
David T. Hung
Number of Employees 59
Contact Information

201 Spear St 3rd Fl

San Francisco, California 94105

www.medivation....

(415) 543-3470

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • Roth Capital Upgrades Medivation MDVN to Buy

    11/05/09 - Bond / Stock Rating - View Story

  • Medivation Reports Third Quarter 2009 Financial Results and Provides Corporate Update

    11/08/09 - Financial Announcement - View Story

  • Medivation inks $765M deal with Astellas

    10/27/09 - Joint Venture / Alliance - View Story

  • Astellas, Medivation reach licensing deal for prostate cancer drug

    10/28/09 - New Investment - View Story

  • Equities Update: Mixed Finish for Major Averages

    10/27/09 - Joint Venture / Alliance - View Story

  • Medivation forges $765M cancer deal with Astellas

    10/27/09 - Joint Venture / Alliance - View Story

  • Medivation Partners With Astellas For Prostate Cancer Drug

    10/27/09 - Joint Venture / Alliance - View Story

  • Astellas, Medivation enter into worldwide agreement to develop, commercialise MDV3100 for treatment of prostate cancer

    10/28/09 - Joint Venture / Alliance - View Story

  • Week of Oct. 26, 2009: OXiGENE to Acquire VaxGen; Warner Chilcott Appoints Global R&D President;...

    10/28/09 - Mgmt. Change Entering - Vice President - View Story

  • Medivation Reports Second Quarter 2009 Financial Results and Provides Corporate Update

    8/05/09 - Financial Announcement - View Story

  • Medivation Selects ProTrials to Conduct International Phase III Clinical Trials

    5/27/09 - Licensing / Contract - View Story

News & Analysis

medivation inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
David T. Hung President & CEO
C. Patrick Machado Cfo & Senior Vice President
Lynn Seely Chief Medical Officer
Rohan Palekar Chief Commercial Officer
Andrew A. Protter Vice President, Preclinical Dev
Joyce Mordenti Vice President, Translational Medicine
Lisa Taylor Vice President, Commercial Dev
Michele D. Bronson Vice President, Regulatory & Quality
Mohammad Hirmand Vice President, Clinical Dev
Robert Elfont Vice President, Clinical Dev
Sarvajit Chakravarty Vice President, Medicinal Chemistry
Sue Wollowitz Vice President, Chemistry & Manufacturing
Marc A Shuman Co-Leader of the Prostate Cancer Program, Professor of Medicine and Urology
Michael Jung Distinguished Professor of Chemistry, University of California, Los Angeles
Pablo Valenzuela Professor of Biochemistry at the Universidad Andres Bello In Santiago
Paul Aisen Professor, Department of Neurosciences
Rachelle Doody Professor of Neurology
Benjamin Lewin Editor of Cell
J Thomas Chess Director
Richard C Hoffman Director
Robert D Frankel Director

Board of Directors

Name (plus bio) Position
Charles Sawyers Chair of the Human Oncology and Pathogenesis Program
Kim D. Blickenstaff Chairman of the Board
Daniel D Adams Board of Directors
Gregory H. Bailey Board of Directors
Roger Tung Board of Directors
Sergey Bachurin Board of Directors
Steve Gorlin Board of Directors
W. Anthony Vernon Board of Directors

Organization Position Status
Medivation, Inc. President & CEO Current
Opexa Therapeutics, Inc. Board of Directors Current
Medivation, Inc. Board of Directors Current
The University of California, San Francisco M.D. Former
Harvard College A.B. In Biology Former

Organization Position Status
Medivation, Inc. Cfo & Senior Vice President Current
Medivation, Inc. Director Former
Harvard Law School J.D. Former
Santa Clara University B.S. Former

Organization Position Status
Medivation, Inc. Chief Medical Officer Current
Yale-New Haven Hospital Chief Former
Anesiva Inc. Vice President of Clinical Development Former

Organization Position Status
Medivation, Inc. Chief Commercial Officer Current
Centocor, Inc. Worldwide Vice President, Global Biologics Strategic Marketing Former
Remicade Vice President, Sales and Marketing Dermatology Former
University of Bombay Bachelor of General Laws Former

Organization Position Status
Medivation, Inc. Vice President, Preclinical Dev Current
State University of New York - Stony Brook Ph.D. In Biochemistry Former

Organization Position Status
Medivation, Inc. Vice President, Translational Medicine Current
Issx Current
Society of Toxicology Current
Medivation, Inc. Board of Directors Former
University of Connecticut Ph.D. In Pharmaceutical Sciences Former

Organization Position Status
Medivation, Inc. Vice President, Commercial Dev Current
Booz Allen Hamilton, Inc. Former
Stanford University A.B. In Human Biology Former

Organization Position Status
Medivation, Inc. Vice President, Regulatory & Quality Current
Medivation, Inc. Board of Directors Former
The University of Texas Southwestern Medical School Ph.D. In Molecular Immunology Former

Organization Position Status
Medivation, Inc. Vice President, Clinical Dev Current
SuperGen Inc. Director of Oncology Development Former
Theravance, Inc. Manager Former
Theravance, Inc. Clinical Scientist Former
Medivation, Inc. Board of Directors Former
Harvard Medical School M.D. Former

Organization Position Status
Medivation, Inc. Vice President, Clinical Dev Current

Organization Position Status
Medivation, Inc. Vice President, Medicinal Chemistry Current
New York University Ph.D. In Organic Chemistry Former
Delhi University B.Sc. In Chemistry Former
St. Stephen's College B.Sc. In Chemistry Former

Organization Position Status
Medivation, Inc. Vice President, Chemistry & Manufacturing Current
The Dow Chemical Company Former
State University of New York at Binghamton B.A. In Chemistry Former

Organization Position Status
Medivation, Inc. Co-Leader of the Prostate Cancer Program, Professor of Medicine and Urology Current
Medivation, Inc. Board of Directors Current
Thomas Jefferson Medical College M.D. Former

Organization Position Status
Medivation, Inc. Distinguished Professor of Chemistry, University of California, Los Angeles Current
University of California, Los Angeles Professor of Chemistry Current
Auspex Pharmaceuticals Privacy Policy Board of Directors Current
Medivation, Inc. Board of Directors Current
Columbia University Ph.D. Former
Rice University B.A. Former

Organization Position Status
Medivation, Inc. Professor of Biochemistry at the Universidad Andres Bello In Santiago Current
Medivation, Inc. Board of Directors Current
Applied Imaging Corp. Board of Directors Current
Chiron Founder Former
Northwestern University Ph.D. Former

Organization Position Status
The National Institute Professor Current
Medivation, Inc. Professor, Department of Neurosciences Current
University of California, San Diego Professor Current
Medivation, Inc. Board of Directors Current
Columbia University College of Physicians and Surgeons M.D. Former

Organization Position Status
Medivation, Inc. Professor of Neurology Current
Medivation, Inc. Effie Marie Cain Chair Current
Alzheimer Former
Rice University Ph.D. In Cognitive Anthropology Former
Baylor College of Medicine M.D. Former
Rice University M.A. Former

Organization Position Status
Medivation, Inc. Editor of Cell Current
Cell Press Chief Executive Officer Former
University of Cambridge Ph.D. Former
University of Cambridge M.A. Former

Dr. Sawyers is Chairman of Memorial Sloan-Kettering Cancer Center's Human Oncology and Pathogenesis Program (HOPP) and the first incumbent of the Marie Josee and Henry R. Kravis Chair. HOPP capitalizes on recent advances in understanding cancer cell biology and the development of molecularly targeted drugs and other rationally based interventions. It brings together physician-scientists from various clinical and scientific disciplines to conduct cutting-edge translational research across many types of cancer. Dr. Sawyers' work examines how signaling pathway abnormalities in cancer cells can be exploited as targets for new cancer drugs. The promise of this approach is best exemplified by Dr. Sawyers' key role in the clinical development of imatinib (Gleevec ), which targets the molecular cause of chronic myeloid leukemia (CML) with minimal side effects. His group subsequently deciphered the molecular basis for resistance to imatinib. Based on this insight, he led the development of a second drug called dasatinib, which is effective in CML patients whose disease fails to respond to imatinib. He has extended this approach to other diseases, including prostate cancer and glioblastoma, through laboratory-based studies that suggest new treatment strategies now undergoing clinical testing. Dr. Sawyers came to Memorial Sloan-Kettering after nearly two decades at the University of California, Los Angeles (UCLA). He received his undergraduate degree from Princeton University and his medical degree from The Johns Hopkins University. He completed a residency in internal medicine at the University of California, San Francisco, Medical Center and a clinical fellowship in hematology/oncology at the UCLA School of Medicine. He is also a Howard Hughes Medical Institute Investigator. His awards include the Doris Duke Distinguished Clinical Scientist Award, the Richard and Hinda Rosenthal Foundation Award, and the David A. Karnofsky Award.

Organization Position Status
Boston Millennia Partners Co Scientific Advisor Current
David Geffen School of Medicine at UCLA Professor of Medicine Current
Advances In Oncology Current
Medivation, Inc. Chair of the Human Oncology and Pathogenesis Program Current
Memorial Sloan-Kettering Cancer Center Inc. Member, Board of Scientific Consultants Current
Aveo Pharmaceuticals, Inc. Board of Directors Current
Exelixis, Inc. Board of Directors Current
Housey Pharmaceuticals, Inc. Board of Directors Current
Boston Millennia Partners Co Board of Directors Current
Memorial Sloan-Kettering Cancer Center Inc. Physician Former
University of California, Los Angeles Howard Hughes Medical Institute Investigator Former
Cml Corporation Former
Abl, Inc. Former
UCSF Medical Center Former
The Johns Hopkins University M.D. Former
Johns Hopkins University School of Medicine MD Former
Princeton University Undergraduate Degree Former
Johns Hopkins University School of Medicine Degree Former
The Johns Hopkins University Degree Former

Organization Position Status
Tandem Diabetes Care, Inc. President and Chief Executive Officer Current
Medivation, Inc. Chairman of the Board Current
Tandem Diabetes Care, Inc. Board Member Current
DexCom, Inc. Board of Directors Current
Senorx, Inc. Board of Directors Current
Biosite Diagnostic Inc. Chairman & CEO Former
Biosite Diagnostic Inc. Chairman & CEO Former
Biosite Diagnostic Inc. President Former
Biosite Diagnostic Inc. co-founder Former
Geneohm Sciences, Inc. Former
Medivation, Inc. Board of Directors Former
Loyola University M.B.A and bachelor's degree Former

Daniel Adams became CEO of Protein Sciences in 1995. He has previously founded and managed biopharmaceutical companies that have a combined market value of over $10 billion. He co-founded Biogen (OTC-BGEN) and served as its first President and CEO, founded and was CEO of Advanced Genetic Sciences Inc. ("AGS"), and co-founded Plant Genetic Systems in 1982. Dan holds a BA degree in Chemistry from Cornell University and a JD magna cum laude from New York University School of Law.

Organization Position Status
Protein Sciences Corporation Chief Executive Officer Current
Protein Sciences Corporation President Current
Medivation, Inc. Board of Directors Current
Biogen, Inc. CEO Former
Biogen, Inc. President Former
Biogen, Inc. Co-Founder Former
New York University School of Law Jd Former

Organization Position Status
The Palantir Group, Ltd Managing Partner Current
Opexa Therapeutics, Inc. Director Current
Medivation, Inc. Board of Directors Current
Mdb Capital Group LLC Managing Director of Investment Banking Former
Gilford Securities Inc. Co-Head of Life Sciences Corporate Finance Former
The University of Western Ontario M.D. Degree Former
The University of Western Ontario Advanced Cardiac Life Support Former

Organization Position Status
Medivation, Inc. Director Current

Organization Position Status
Medivation, Inc. Director Current

Organization Position Status
Medivation, Inc. Director Current

Organization Position Status
Medivation, Inc. Board of Directors Current
Vertex Pharmaceuticals Incorporated Vice President, Drug Discovery Former

Organization Position Status
Medivation, Inc. Board of Directors Current
Russian Academy of Sciences Board of Directors Current
Moscow State University D.Sc. In Biochemistry Former

Over the past 25 years, Steve Gorlin has founded several highly publicized biotechnology and pharmaceutical companies, including Hycor Biomedical, Inc., Theragenics Corporation, CytRx Corporation, Medicis Pharmaceutical Corporation, EntreMed, Inc., Surgi-Vision, Inc., DARA BioSciences, Inc., and Medivation, Inc. Mr. Gorlin presently is the Chairman and CEO of DARA BioSciences, Inc. and serves on the boards of Medivation, Inc., Medeikon, Inc., Sequella Inc., NTC China, Surgi-Vision, Inc. and is Chairman of the Board of SpineMedica Corp. Mr. Gorlin served for many years on the Business Advisory Council to The Johns Hopkins School of Medicine and presently serves on the board of The Johns Hopkins Alliance for Science and Technology Development. He also founded a number of non-medical related companies, including Perma-Fix, Inc., Pretty Good Privacy, Inc., and Judicial Correction Services, Inc. He started The Touch Foundation, a nonprofit organization for the blind and was a principal financial contributor to the founding of Camp Kudzu for diabetic children. He also serves on the board of the Mercy and Sharing Foundation, providing hospital care and orphanages for over 2,000 children in Haiti. Mr. Gorlin was featured in an article on biotechnology investing in The Wall Street Journal on June 8, 1998 and in Fortune magazine on January 13, 1997.

Organization Position Status
Dara Biosciences, Inc CEO Current
CytRx Corporation Current
Mimedx, Inc. Director Current
Andrew's Institute Board of Directors Current
Plexigen Inc. Board of Directors Current
Medivation, Inc. Board of Directors Current
Sequella Incorporated Board of Directors Current
Medeikon Corporation Board of Directors Current
Sharing Foundation Board of Directors Current
Medeikon Corporation Member Current
Dara Biosciences, Inc Founder and Co-Chairman of the Board Former
Dara Biosciences, Inc Owner Former
EntreMed, Inc. Former
Theragenics Corporation Former
Hycor Biomedical, Inc. Former
Judicial Correction Services, Inc. Former
Perma-Fix, Inc. Former
Medicis Pharmaceutical Corporation Former
Johns Hopkins University School of Medicine Board of Directors Former

Organization Position Status
Ripplewood Holdings LLC Healthcare Industry Partner Current
Uluru, Inc Chairman Current
Medivation, Inc. Board of Directors Current
Uluru, Inc Board of Directors Current
Novocure Ltd. Director Current
Centocor, Inc. Chief Executive Officer Former
Centocor, Inc. President Former
Medical Devices Board of Directors Former
Kellogg School of Management at Northwestern University MBA Former
Lawrence University B.A. Former
Kellogg School of Management at Northwestern University Bachelor's Degree In History Former

Executive News

  • An Alzheimer's Drug Mystery

    Forbes.com - 7/15/09 - View Story

  • Allon Therapeutics Forms Steering Committee for Phase II Human Trial

    Globe Investor - 6/25/09 - View Story

  • Emergent gets boost from FDA

    Gazette.net - 6/25/09 - View Story

  • Kraft Foods Inc. Names W. Anthony Vernon As President, Kraft Foods North America

    AMonline.com - 6/24/09 - View Story

  • Financially Shaky Vaccine Maker Wins U.S. Contract

    New York Times - 6/24/09 - View Story

  • UPDATE 2-Creditors seek bankruptcy for H1N1 vaccine maker

    Forbes.com - 6/23/09 - View Story

  • UPDATE 2-Creditors seek bankruptcy for H1N1 vaccine maker

    Reuters - 6/23/09 - View Story

  • Creditors seek bankruptcy for H1N1 vaccine maker

    CNN Money - 6/23/09 - View Story

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     MDVN $28.36 +0.06 (0.21% )
Average Volume 280,903
Shares Outstanding 33.51M
Market Cap 950.3M
Year High 28.6
Year Low 11.27
Earnings Per Share -1.42
P/E Ratio -19.97
Dividend N/A
Yield N/A
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