BNET Industries

Market Cap:$73.7M
Last Fiscal Year Sales:$20.6M
  • Public
  • US
Dow Jones Description

Founded in 1993 and headquartered in Morrisville, NC, Trimeris, Inc. (NASDAQ: TRMS) discovers, develops, and commercializes treatments for viral diseases. The company works with a class of antivirals called fusion inhibitors, which block virus processes that attach to, penetrate, and infect a healthy cell. Its main drug is Fuzeon, which blocks HIV viral fusion. It is marketing the drug with Hoffmann-La Roche. Drug candidate T-1249 is currently on hold. In July 2006, Johnson & Johnson released Prezista, a protease inhibitor that works extremely well in conjunction with Fuzeon.

Number of Employees 4
Contact Information

3500 Paramount Parkway

Morrisville, North Carolina 27560

www.trimeris.co...

(919) 419-6050

NAICS Code Biological Product (except Diagnostic) Manufacturing: 325414

Recent Events

  • Trimeris’ $85 million sale not dead; deadline with RTM, Arigene extended

    11/17/09 - Merger / Acquisition - View Story

  • Trimeris profit sliced in half

    11/13/09 - Financial Announcement - View Story

  • Trimeris shares tumble as sale runs into trouble

    11/12/09 - Merger / Acquisition - View Story

  • Trimeris sued ahead of deal

    10/31/09 - Bond / Stock Rating - View Story

  • Arigene begins Trimeris tender offer

    10/19/09 - Merger / Acquisition - View Story

  • Arigene Commences Tender Offer To Buy Trimeris For $3.60/shr - Update

    10/19/09 - Merger / Acquisition - View Story

  • Trimeris, Inc. TRMS Reports Third Quarter 2009 FUZEONR Sales Results

    10/15/09 - Financial Announcement - View Story

  • BRIEFS [The Herald-Sun, Durham, N.C.]

    10/06/09 - Merger / Acquisition - View Story

  • Trimeris Enters Into Merger Agreement With Arigene Co. Ltd. - Quick Facts

    10/02/09 - Joint Venture / Alliance - View Story

News & Analysis

trimeris inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Steven D. Skolsky CEO
Neil Graham Chief Medical Officer and Senior Vice President of Clinical Development and Medical Affairs
Robert R. Bonczek Chief Financial Officer, General Counsel
George W. Koszalka Executive Vice President, Operations
M. Lynn Smiley Senior Vice President, Clinical Res
Samuel Hopkins Senior Vice President, Medical Affairs
Thomas J. Matthews Senior Vice President, Res & Development
Walter M. Capone Senior Vice President, Commercial Operations
Andrew L. Graham Vice President, Finance & Secretary
Timothy J. Creech Vice President, Finance
Jamie Gant Manager, Personnel
Robin Fastenau Manager, Corp Communications
Charles A. Sanders Director
E. Gary Cook Director
Julian C. Baker Director

Board of Directors

Name (plus bio) Position
Jeffrey Marc Lipton Chairman of the Board
Brian H. Dovey Board Member
Dani P. Bolognesi Vice Chairman
Felix J. Baker Board of Directors
J. Richard Crout Board of Directors
J. Richard Croutq Board of Directors
Kevin C. Tang Board of Directors

Organization Position Status
Trimeris, Inc. CEO Current
Trimeris, Inc. Board of Directors Current

Dr. Graham joined Trimeris in 2005. Previously, Dr. Graham served as Chief Medical Officer for XTL Biopharmaceuticals Ltd. where he developed, planned, and executed clinical development strategies, as well as served as project leader for the hepatitis B and hepatitis C clinical programs. Dr. Graham was Vice President of Clinical Research and Medical Affairs prior to XTL with Tibotec-Virco NV, a subsidiary of Johnson & Johnson, overseeing the development of their HIV portfolio. Earlier in his career, Dr. Graham worked at Glaxo Wellcome Inc. as Director of HIV Programs, and was the US strategic leader on the global HIV Therapeutic Area management team, as well as co-leader of the US HIV Business Team. Dr. Graham was also an Associate Professor of Epidemiology and Medicine at Johns Hopkins University for 8 years after attending the University of Adelaide in Australia, where he received MBBS, MD, and MPH degrees.

Organization Position Status
Trimeris, Inc. Chief Medical Officer and Senior Vice President of Clinical Development and Medical Affairs Current
XTL Biopharmaceuticals Ltd. Chief Medical Officer Former
Trimeris, Inc. Project Leader Former
The Johns Hopkins University Epidemiology and Medicine Former

Mr. Bonczek assumed his role of Chief Financial Officer in September 1999. Prior to his full-time appointment at Trimeris, Mr. Bonczek spent two years as a legal and business consultant to the Trimeris executive team. His professional background includes 24 years at E.I. DuPont de Nemours & Co., where he served in various executive positions including Chief Counsel and Corporate Director of Safety, Health, and Environmental Affairs. Mr. Bonczek holds a BA in chemistry and a JD from the University of North Carolina, as well as an MBA from the University of Pennsylvania.

Organization Position Status
Trimeris, Inc. Chief Financial Officer, General Counsel Current
Trimeris, Inc. Board of Directors Current
University of Pennsylvania Mba Former
The University of North Carolina Ba In Chemistry and A Jd Former

Organization Position Status
Trimeris, Inc. Executive Vice President, Operations Current

Organization Position Status
Inspire Pharmaceuticals, Inc. Chief Medical Officer Current
Trimeris, Inc. Senior Vice President, Clinical Res Current
Trimeris, Inc. Chief Medical Officer Former
Duke University School of Medicine M.D. Former
University of Kansas B.A. in Microbiology Former

Organization Position Status
Trimeris, Inc. Senior Vice President, Medical Affairs Current

Organization Position Status
Trimeris, Inc. Senior Vice President, Res & Development Current

Mr. Capone joined Trimeris in 2002, bringing 16 years of US and international commercial experience. Mr. Capone's previous leadership includes Vice President Marketing and Commercial Development at Triangle Pharmaceuticals, Inc. where his primary responsibility was for the commercial development of HIV, hepatitis B and cancer drug candidates. Previous to his experience at Triangle Pharmaceuticals, Mr. Capone served as the Director, Infectious Diseases and Immunology at Bristol Myers-Squibb where he led the international franchise of Antimicrobial, Antiviral, and Immunological drugs. Mr. Capone also held marketing and sales management positions in the US and the Netherlands for Lederle Pharmaceuticals, now part of Wyeth, Inc. Mr. Capone holds a BA in International Relations from Brown University and an MBA from Columbia University.

Organization Position Status
Trimeris, Inc. Senior Vice President, Commercial Operations Current
Progenics Pharmaceuticals, Inc. Vice President Commercial Development and Operations Current
Progenics Corp Limited Vice President Commercial Development and Operations Current
Triangle Pharmaceuticals, Inc. Vice President of Marketing Former
Triangle Pharmaceuticals, Inc. Director Former
Columbia University Mba Former
Brown University Ba In International Relations Former

Organization Position Status
Trimeris, Inc. Vice President, Finance & Secretary Current
Paradigm Genetics, Inc. Chief Accounting Officer Former
Trimeris, Inc. Corporate Secretary, Director of Finance Former
Paradigm Genetics, Inc. Comptroller and Director Former
Trimeris, Inc. Board of Directors Former
The University of North Carolina at Chapel Hill Mba Former
North Carolina State University M.A. degrees in accounting Former
North Carolina State University Ba and Ma Degrees In Accounting Former

Organization Position Status
Voyager Pharmaceutical Corporation Vice President, Finance & Accounting Current
Trimeris, Inc. Vice President, Finance Current
PricewaterhouseCoopers Audit Senior Manager Former
Duke University MBA Former

Organization Position Status
Trimeris, Inc. Manager, Personnel Current

Organization Position Status
Trimeris, Inc. Manager, Corp Communications Current

Mr. Lipton, age 65, is the President and Chief Executive Officer and a Director of NOVA Chemicals Corporation. He joined NOVA in 1993 after a 29-year career with the DuPont Company, where he held a number of management and executive positions. He is a member of the United States Steel Corporation Board of Directors and Chair of its Audit Committee. He is currently a member of the Board of Directors of the Canadian Council of Chief Executives and the American Chemistry Council. He is a past Chairman of the Board of Directors of the American Chemistry Council and the American Section of the Society of Chemical Industries.

Organization Position Status
NOVA Chemicals Corporation Chief Executive Officer Current
Trimeris, Inc. Chairman of the Board Current
The American Chemistry Council, Inc. Board of Directors Current
Hercules Incorporated Director Current
NOVA Chemicals Corporation Director Current
NOVA Chemicals Corporation Executive Officer Former
American Section Chairman of the Board of Directors Former
The American Chemistry Council, Inc. Chairman of the Board of Directors Former
Trimeris, Inc. Board of Directors Former

Organization Position Status
Domain Associates LLC Partner Current
Valley Forge Pharmaceuticals, Inc. Current
The Wistar Institute Chair Current
Univax Biologics Chairman Current
Creative BioMolecules, Inc. Chairman Current
Skinmedica Acne System Board of Directors Current
Germantown Academy Board of Directors Current
Biovascular Inc Board of Directors Current
Ocera Therapeutics, Inc. Board of Directors Current
Orqis Medical Corporation Board of Directors Current
Orexigen Co Board of Directors Current
Align Technology, Inc. Director Current
Vivus, Inc. Board Member Current
ISTA Pharmaceuticals, Inc. Board Member Current
SkinMedica, Inc. Director Current
Connetics Corporation Board Member Current
Orexigen Therapeutics, Inc. Director Current
US Bioscience Board Member Current
BAS Medical Director Current
Geron Corporation Board Member Current
Cardiac Science Corporation Board Member Current
Trimeris, Inc. Board Member Current
Resound Corp Board Member Current
Symphony Medical, Inc. Director Current
Kauffman Fellows Program at the Center for Venture Education Director Current
Germantown Academy Trustee Emeritus Current
Howmedica, Inc. President Former
Howmet Corporation President Former
Howmedica, Inc. management positions Former
Howmet Corporation management positions Former
Neose Technologies, Inc. Board of Directors Current
Sanofi-Aventis Former
Burnham Institute for Medical Research Board of Directors Former
The Burnham Institute Board Member Former
Harvard Business School M.B.A Former
Harvard Business School M.B.A. degree Former
Colgate University B.A. Former
Burnham Institute for Medical Research Trustee Former
Domain Associates LLC member Former

Organization Position Status
The University of North Carolina Trustee Current
marketRx Inc. Current
Feinstein Kean Healthcare Current
Vertex Pharmaceuticals Incorporated Chairman of the Board Current
Venrock Associates Chairman of the Board of Directors Current
Foundation for the National Institutes of Health Chairman, Executive Committee Current
Icagen, Inc. Chairman Current
Project Hope Chairman Former
Drug Safety Alliance, Inc. Board of Directors Current
Icagen, Inc. Board of Directors Current
Kendle International Inc. Director Current
Cephalon, Inc. Board of Directors Current
Genentech, Inc. Director Current
Pharmacopeia Drug Discovery Inc. Board of Directors Current
Radius Ventures, LLC Board of Directors Current
Csis Inc Board of Directors Current
Cardioxyl Pharmaceuticals, Inc. Board of Directors Current
Trimeris, Inc. Director Current
Personalized Medicine Coalition Board of Directors Current
Epiphany Biosciences, Inc. Board of Directors Current
Staffmark Board of Directors Current
Scios, Inc. Director Current
Reata Pharmaceuticals, Inc Board of Directors Current
Vrtx Board of Directors Current
Science & Technology Group CEO Former
Massachusetts General Hospital General Director Former
Harvard Medical School director of Massachusetts General Hospital Former
Massachusetts Gen Hospital General Director Former
Harvard Medical School Professor of Medicine Former
Meredith College trustee Former
Scios Inc. Former
New York Academy of Sciences Chairman Former
Vertex Pharmaceuticals Incorporated Board of Directors Current
Genaera Corporation Board of Directors Former
Reynolds Metals, Inc. Board of Directors Former
Squibb Corporation Board Member Former
Biopure Corporation Director Former
Massachusetts General Hospital Director Former
Squibb Corporation Vice Chairman Former
The University of Texas Southwestern Medical School M.D. Former
The University of Texas Former

Organization Position Status
Xsira Pharmaceuticals, Inc. Current
Transgeneron Therapeutics, Inc. Board of Directors Current
Trimeris, Inc. Vice Chairman Current
Trimeris, Inc. Vice Chairman Current
Trimeris, Inc. Vice Chairman Former
Duke University doctoral degree in virology Former
Duke University Degree In Virology Former
Trimeris, Inc. member Former

E. Gary Cook, age 59, became a director of LP in 2000. Mr. Cook was Chairman, President and Chief Executive Officer of Witco Corporation, a global specialty chemicals company, until his retirement in 1999. Until 1996, he was President, Chief Operating Officer, and a director of Albemarle Corporation, a global specialty chemicals company spun off from Ethyl Corporation in 1994, where Mr. Cook had been a Senior Vice President and director since 1992. Previously, Mr. Cook was a Vice President of E. I. du Pont de Nemours and Company. He is also a director of Trimeris Corporation, a biopharmaceutical company.

Organization Position Status
The Pacific Corporation Chairman Current
Integrated Environmental Technologies, LLC Chairman of the Management Committee Current
Alabama Forest Owners' Association, Inc. Chairman Current
Louisiana-Pacific Corporation Chairman of the Board Current
Trimeris, Inc. Director Current
Witco Corporation Chief Executive Officer Former
Witco Corporation President Former
Ethyl Corporation President, Chemicals Group Former
Ethyl Corporation Senior Vice President Former
Witco Corporation Chairman Former
Ethyl Corporation Director Former
The Soap and Detergent Association Board of Directors Former
Virginia Polytechnic Institute and State University Ph.D. In Chemistry Former
University Corp. Ph.D. In Chemistry Former
University of Virginia B.S. In Chemistry Former

Dr. Felix J. Baker has served as a director of Neurogen Corporation since May 1999. Dr. Baker is a Managing Member of Baker Bros. Advisors, LLC, which he and his brother, Julian Baker, founded in 2000. Dr. Baker's firm manages Baker Brothers Investments, a family of long-term investment funds for major university endowments and foundations, which are focused on publicly traded life sciences companies. Dr. Baker's career as a fund-manager began in 1994 when he co-founded a biotechnology investing partnership with the Tisch Family. Dr. Baker holds a B.S. and a Ph.D. in Immunology from Stanford University, where he also completed two years of medical school. He is also a director of Conjuchem Inc., Seattle Genetics, Inc., and Trimeris, Inc.

Organization Position Status
Neurogen Corporation Managing Partner, Baker Brothers Investments Current
Conjuchem Inc Director, Managing Partner, Baker Brothers Investments Current
Seattle Genetics, Inc. Chairman Current
Synageva Biopharma Corp. Chairman of The Board Current
Seattle Genetics, Inc. Director Current
Presidio Pharmaceuticals, Inc. Board of Directors Current
Conjuchem Inc Board of Directors Current
AnorMED, Inc. Director Current
Trimeris, Inc. Board of Directors Current
Baker Bros Managing Member Current
Neurogen Corporation Director Current
Trimeris, Inc. Director Former
Stanford University Doctorate In Immunology Former
Stanford University Bachelor's Degree In Biology Former

Organization Position Status
Trimeris, Inc. Board of Directors Current

Organization Position Status
Trimeris, Inc. Board of Directors Current

Organization Position Status
Neurogen Corporation Managing Partner, Baker Brothers Investments Current
Baker Bros Managing Member Current
Trimeris, Inc. Director Current
Genomic Health, Inc. Director Current
Incyte Corporation Director Current
Theravance, Inc. Director Current
Neurogen Corporation Board of Directors Current
Baker Bros Managing Member Current
Genomic Health, Inc. Managing Member, Baker Bros. Advisors, Llc Current
Incyte Corporation Managing Member, Baker Bros. Advisors, Llc Current
Harvard University A.B. Former

Organization Position Status
Trimeris, Inc. Board of Directors Current

Executive News

  • NOVA plans to shut down product line, lay off 30

    Pittsburgh Business Times - 6/24/09 - View Story

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     TRMS $3.30 +0.02 (0.61% )
Average Volume 285,888
Shares Outstanding 22.35M
Market Cap 73.8M
Year High 3.68
Year Low 0.84
Earnings Per Share 0.30
P/E Ratio 11.00
Dividend N/A
Yield N/A
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