BNET Industries

Market Cap:$813.9K
Last Fiscal Year Sales:$932.0K
  • Public
  • US
Dow Jones Description

Unfortunately, Immune Response isn't immune to market forces. Founded in 1986 and headquartered in Carlsbad, CA, The Immune Response Corporation (OTCBB: IMNR.OB) develops products to treat autoimmune and infectious diseases. The company focuses primarily on Remune and its sister drugs for the treatment of AIDS, which were developed by the founder and eradicator of polio, Jonas Salk. It also develops NeuroVax, currently in Phase II clinical trials for the treatment of multiple sclerosis. The company had 2005 revenue of about $44,000 and employs about 38 people. In August 2006, it received approval to expand Phase II trials of IR103 from Italy into France.

Number of Employees 23
Contact Information

5931 Darwin Ct

Carlsbad, California 92008-7302

www.orchestrath...

(760) 431-7080

NAICS Code Biological Product (except Diagnostic) Manufacturing: 325414

Decision Makers

Name (plus bio) Position
Mel Perelman Director
David P. Hochman Member

Board of Directors

Name (plus bio) Position
James B. Glavin Chairman of The Board of Directors
Robert E. Knowling Board of Directors

James B. Glavin has 38 years of experience in the health care pharmaceutical industry. He has been Chairman of the Board of Directors of Immune Response since May 1993, CEO from April 1987 to September 1994, President from October 1987 to September 1994, and Treasurer from April 1987 to May 1991. He was Chairman of the Board of Directors of Smith Laboratories, Inc., a medical products company, from September 1985 to May 1990 and Acting President and CEO from September 1985 to August 1989. During 1985 to 1987 Mr. Glavin was a Partner in CH Ventures. From 1981 to 1983, he was President and CEO of Genetics Systems Corporation and Chairman of the Board from 1983 to 1985. In addition to being Director and Chairman of Immune Response, he is currently a Director of Nektar Therapeutic Systems, Inc., formerly Inhale Therapeutic Systems, Inc., Meridian Fund, and Chairman of the Board of Avanir Pharmaceuticals.

Organization Position Status
Orchestra Therapeutics, Inc. Chairman of The Board of Directors Current
Icogen Corporation Board of Directors Current
Meridian Fund, Inc. Director Current
Althea Technologies, Inc. Director Current
AVANIR Pharmaceuticals Director Current
Orchestra Therapeutics, Inc. Chief Executive Officer Former
Orchestra Therapeutics, Inc. President Former
C&H Ventures Partner Former
AVANIR Pharmaceuticals Chairman of the Board Former
Harvard Business School M.B.A Former
Harvard University Degree In Economics Former

Dr. Perelman has served as a member of Immusol's Board of Directors since 1996. Dr. Perelman began his career in 1957 as an organic chemist and held a number of positions at Eli Lilly & Co. (Lilly), including serving as President of Lilly International. From 1986 until his retirement in 1993, Dr. Perelman served as Executive Vice President of Lilly and President of Lilly Research Laboratories. He was a member of the Lilly Board of Directors and its Executive Committee from 1976 to 1993. Dr. Perelman received a bachelor's degree in chemistry from Northwestern University and a Ph.D. in organic chemistry from Rice University. Currently, Dr. Perelman is a Director at Immune Response Corporation, a biotech company and Inhale Therapeutics Systems, Inc., a drug delivery system company.

Organization Position Status
Immusol, Inc. Member Current
Orchestra Therapeutics, Inc. Director Current
Immusol, Inc. Director Current
Lilly Research Laboratories Executive Vice President of Lilly Former
Eli Lilly and Company organic chemist Former
Rice University Ph.D. In Organic Chemistry Former
Northwestern University Bachelor's Degree In Chemistry Former

Organization Position Status
Telwares Communications, LLC Chief Executive Officer, Board Member Current
The Leadership Academy CEO Current
Ariba, Inc. Lead Director Current
Ameri Tech chairman Current
Heidrick & Struggles International, Inc. Board of Directors Current
Ariba, Inc. Board of Directors Current
Aprimo, Incorporated Board of Directors Current
Orchestra Therapeutics, Inc. Board of Directors Current
The Bartech Group Board of Directors Current
Vercuity Board Member Current
Telwares CEO Former
Vercuity Chief Executive Officer Former
Covad Communications Company CEO Former
NYC Leadership Academy Chief Executive Officer Former
Simdesk Technologies, Inc. CEO Former
Covad Communications Company president Former
US West Communications Executive Vice President of Operations and Technologies Former
US WEST, Inc. vice president of Network Operations Former
Ameri Tech vice president of Network Operations Former
Simdesk Technologies, Inc. Chairman Former
Covad Communications Company chairman Former
National Services Inc. Chair Former
Telwares Board of Directors Former
Northwestern University MBA Former
Wabash College BA in theology Former

Organization Position Status
Tpp Senior Principal Current
Battelle Memorial Institute Current
Citizens for NYC Board of Directors Current
Prescient Medical, Inc Director Current
Modigene Inc. Board Member Current
Sustainable Profitability Group, Inc. Board of Directors Current
Orchestra Therapeutics, Inc. Member Current
Spencer Trask & Co. Vice President of New Business Development Former
Spencer Trask Ventures, Inc. Managing Director Former
Health Dialog Services Corporation Former
Orchestra Therapeutics, Inc. Board Member Former
Princeton University A.B. Former
New York University Public Service Former
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     OCHT $0.07 0.00 (0.00% )
Average Volume 6,590
Shares Outstanding 10.53M
Market Cap 736.9K
Year High 0.095
Year Low 0.015
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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