BNET Industries
Market Cap:$979.1M
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. HungNumber of Employees 59
Contact Information
201 Spear St 3rd Fl
San Francisco, California 94105
(415) 543-3470
Peer Companies
NAICS Code Pharmaceutical Preparation Manufacturing: 325412
Recent Events
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Roth Capital Upgrades Medivation MDVN to Buy
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Medivation Reports Third Quarter 2009 Financial Results and Provides Corporate Update
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Medivation inks $765M deal with Astellas
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Astellas, Medivation reach licensing deal for prostate cancer drug
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Equities Update: Mixed Finish for Major Averages
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Medivation forges $765M cancer deal with Astellas
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Medivation Partners With Astellas For Prostate Cancer Drug
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Astellas, Medivation enter into worldwide agreement to develop, commercialise MDV3100 for treatment of prostate cancer
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Week of Oct. 26, 2009: OXiGENE to Acquire VaxGen; Warner Chilcott Appoints Global R&D President;...
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Medivation Reports Second Quarter 2009 Financial Results and Provides Corporate Update
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Medivation Selects ProTrials to Conduct International Phase III Clinical Trials
News & Analysis
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medivation inc. - All News and Analysis
FDA Calendar Updates: Medivation, Pfizer, AstraZeneca
Mike Havrilla submits: Below is a summary of updates to the BioMedReports.com FDA Calendar, which includes a database of 288 entries as of 7/30/09. The calendar was originally created by Mike Havrilla to track companies with pending new drug, biological agent, or medical device new product decisions at the FDA....
Medivation: Q1 Results Aided by Lower Operating Expenses
Zacks.com submits: By Brian Marckx, CFA Medivation Inc. MDVN reported first quarter 2009 financial results following the market close on May 11, 2009. Revenue came in at $16.34 million, exactly where we had it modeled. Revenue consisted solely of collaboration revenue from Pfizer Inc. PFE. EPS was ($0.19),...
Medivation, Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions. We will go first to Kim Lee [ph] with Wedbush Morgan. Kim Lee – Wedbush Morgan Good afternoon. Thanks for taking my questions. I have a couple of questions here. The first is what are the trial designs for the two additional Phase 3 Dimebon...
Medivation Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions We’ll take our first question from Kim Lee with Pacific Growth Equities. Kim Lee – Pacific Growth Equities Good afternoon. Thanks for taking my questions. The first couple of questions have to do with the Dimebon program. Just wanted to get a clarification,...
Medivation's Attitude Warrants a Pullback
Medivation MDVN stock spiked last week due to a deal with Pfizer PFE for Alzheimer's and Huntington's disease treatment Dimebon, currently in late-stage trials that are due to be completed in 2010. At one time I had recommended MDVN in my service, so I am quite familiar with the company...
Five Presentations from the Recent Biotech Investment Conference
Mike Huckman submits: Medivation's Presentation: Standing Room Only A little more than 24 hours after announcing its big, lucrative Alzheimer's drug partnership with Pfizer PFE, Medivation MDVN had the lead-off position (I wonder if they told organizers they'd be a newsmaker) at yesterday's BioCentury/Thomson Reuters biotech investment conference...
Pfizer's Found Innovation at Medivation
Mike Huckman submits: In late July at a big scientific conference in Chicago, I reported on new, positive data on Medivation's MDVN experimental Alzheimer's drug Dimebon (dim-uh-bahn). In addition to the rest results being compelling, I highlighted the drug because it has an intriguing backstory: Dimebon is an old...
Medivation, Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And our first question will come from Kim Lee with Pacific Growth. Kim Lee – Pacific Growth Good afternoon. Two questions for you. First have you had your end of phase II meeting with the FDA yet with regards with Huntington's disease? Lynn...
Medivation, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Thank you. Operator instructions We will take our first question from Michael Yee of RBC Capital Markets. Michael Yee – RBC Capital Markets Great. Thanks. Congratulations on the products so far, David. Couple of questions. Just so we have our expectations in reality,...
MDVN, MECA, MGPI, ORBC, PANL, PLPC Have Also Been Added To Naked Short List Today.
M2 PRESSWIRE-2 April 2008-BUYINS.NET: MDVN, MECA, MGPI, ORBC, PANL, PLPC Have Also Been Added To Naked Short List TodayC1994-2008 M2 COMMUNICATIONS LTD RDATE:02042008 BUYINS.NET, www.buyins.net, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked...
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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 |
| David M Greenhouse | |
| 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. | Current |
| 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
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An Alzheimer's Drug Mystery
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UPDATE 2-Creditors seek bankruptcy for H1N1 vaccine maker
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UPDATE 2-Creditors seek bankruptcy for H1N1 vaccine maker
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Creditors seek bankruptcy for H1N1 vaccine maker
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