BNET Industries
Market Cap:$5.7M
Last Fiscal Year Sales:$43.0K
- Public
- US
Dow Jones Description
We are a development-stage pharmaceutical company that develops therapeutics for the treatment of cancer. Our research and product development activities to date have consisted primarily of conducting preclinical trials of product candidates, obtaining regulatory approval for clinical trials, conducting clinical trials, preparing to file for regulatory approval of our lead product candidate, Onrigin tm (laromustine) Injection, conducting pre-commercialization activities, negotiating and obtaining collaborative agreements, and obtaining financing in support of these activities. Since inception, we have generated minimal revenues and have incurred substantial operating losses from our activities. We currently have no material source of revenue and we expect to incur substantial operating losses for the next several years due to expenses associated with our activities. We will have to raise additional capital to operate the Company after the first quarter of 2010. We have two small molecule anticancer agents in clinical development. Clinical development of a product candidate generally involves a three-phase process. In Phase I, clinical trials are conducted with a small number of subjects to determine the tolerated drug dose, early safety profile, proper scheduling and the pattern of drug distribution, absorption and metabolism. ...
Chief Executive Officer
Alan KessmanNumber of Employees 43
Peer Companies
NAICS Code Biological Product (except Diagnostic) Manufacturing: 325414
Recent Events
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Skymark Research Initiates Independent Research Coverage On Vion Pharmaceuticals, Inc.
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Vion Pharmaceuticals VION Presents Data on OnriginTM Elderly AML Trials at the American Society of...
News & Analysis
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vion pharmaceuticals inc. - All News and Analysis
Vion Pharmaceuticals Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Your first question comes from the line of Lia Hartmann with CRT Capital, please proceed. Lia Hartmann – CRT Capital Good morning everyone. Alan Kessman Good morning Lia. Lia Hartmann – CRT Capital First of all congratulations on the good cost control and I believe you...
Vion Reports Phase III Trial in Relapsed AML Suspeneded.
M2 PRESSWIRE-24 May 2007-Headline Maker: Vion Reports Phase III Trial in Relapsed AML SuspenededC1994-2007 M2 COMMUNICATIONS LTD RDATE:24052007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of the markets....
Vion Pharmaceuticals to Make Corporate Presentation at Fortis Bank Biotechnology Conference.
M2 PRESSWIRE-24 April 2007-Headline Maker: Vion Pharmaceuticals to Make Corporate Presentation at Fortis Bank Biotechnology ConferenceC1994-2007 M2 COMMUNICATIONS LTD RDATE:24042007 Market Gainer is quickly emerging as the one stop shop for international small-cap investors looking to stay a step ahead of...
Streetinvesting Team uncovers morning movers SOSA, VION and LOUD.
M2 PRESSWIRE-9 March 2005-www.streetinvesting.com: Streetinvesting Team uncovers morning movers SOSA, VION and LOUDC1994-2005 M2 COMMUNICATIONS LTD RDATE:09032005 The Street Team has identified three companies that have had some impressive announcements this week and have met the "Street" Investment Philosophy. ...
Drug Trial News Raises Shares for New Haven, Conn.-Based Vion Pharmaceuticals.
By Pam Dawkins, Connecticut Post, Bridgeport Knight Ridder/Tribune Business News Jun. 3--Shares of New Haven-based Vion Pharmaceuticals Inc. shot up Monday following positive reports from a medical conference about two of its anti-cancer drugs. Vion's stock was also more...
SmallCaps Online Announces Investment Opinion
NEW YORK--BUSINESS WIRE--July 13, 1999-- SmallCaps Online LLC Initiates Coverage of Vion Pharmaceuticals, Inc. With a BUY Recommendation Visit SmallCaps Online's Web Site at www.SmallCapsOnline.com for Detailed Report SmallCaps Online LLC announced today that it has initiated coverage of Vion Pharmaceuticals, Inc. (NASDAQ: VION) with...
New Synthetic Melanin Licensed for Tanning Cosmetics.
THE DERMATOLOGY DEPARTMENT of Yale University, in collaboration with Vion Pharmaceuticals Inc. of New Haven, Conn., has developed a water-soluble synthetic melanin. MelaSyn has been licensed exclusively to San Mar Laboratories, which plans to include the agent in cosmetics as early...
VION Pharmaceuticals receives patent for new Hepatitis B treatment
NEW HAVEN, Conn.--HealthWire--Oct. 30, 1996--VION Pharmaceuticals Inc. (NASDAQ: VION) today announced it has received a patent from the U.S. Patent and Trademark office covering the composition of matter and method of use for treating Hepatitis B virus HBV infection with L-2', 3'-didehydro-dideoxy-5-florocytidine nucleoside analog. This patent is...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Alan Kessman | Chief Executive Officer |
| Howard B. Johnson | President and Chief Financial Officer |
| Karen Schmedlin | Vice President, Finance and Chief Accounting Officer |
| Meghan Fitzgerald | Vice President and Chief Business Officer |
| Ann Cahill | Vice President Clinical Development |
| Ivan King | Vice President Research and Development |
| James Tanguay | Vice President of Chem Manuf & Control |
| Tanya Lewis | Vice President, Regulatory & Quality Affairs |
| William Hahne | Vice President Medical |
| Vion Mourns | Director, Conferences |
| Carter Stephen | Director |
| James L Ferguson | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Bill Miller | Director, Chairman |
| Alan C. Sartorelli | Director and Chairman of Vion's Scientific Advisory Board |
| Gary K. Willis | Chair |
| Kevin Rakin | Chairman |
| Alen C. Sartorelli | Board of Directors |
| Alfred Gilman | Board of Directors |
| Charles K. MacDonlad | Board of Directors |
| Frank T. Cary | Board of Directors |
| George Bickerstaff | Board of Directors |
| Ian D. Williams | Board of Directors |
Alan was Entrepreneur of the Year in 1987. He successfully started two companies Rolm/Illinois and ISOETEC Communications Inc. both of which were merged in stepped up transactions for shareholders. He served as Chairman of Executone Information Systems, Inc until 1998 establishing the plan for splitting the company into three distinct operating segments including the creation of the first Internet lottery operation. In January 1999 after serving on the board of Vion Pharmaceuticals, Inc, a cancer research company, Alan was asked as part of a PS Capital consulting assignment to step in as CEO of the company and help guide the development of Vion's unique cancer drug development programs. Alan is an active board member of many public and private companies in the telecommunications, Internet and healthcare fields. With these board positions, he applies his extensive expertise in maximizing shareholder value while developing and executing successful strategies for growth.
| Organization | Position | Status |
|---|---|---|
| Ps Capital LLC | CEO | Current |
| Vion Pharmaceuticals, Inc. | Chief Executive Officer | Current |
| Ps Capital LLC | Partner | Current |
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Iris Wireless, LLC | Director | Current |
| Executone Information Systems, Inc | Chief Executive Officer | Former |
| Iris Wireless, LLC | CEO | Former |
| Executone Information Systems, Inc | President | Former |
| Tele Resources, Inc | Coo | Former |
| Tele Resources, Inc | Executive Vice President | Former |
| Vion Pharmaceuticals, Inc. | Guide | Former |
| Ps Capital LLC | Principal, Biography | Former |
| Executone Information Systems, Inc | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | President and Chief Financial Officer | Current |
| Medworks | Chief Executive Officer | Former |
| Nutrition 21, Inc. | Vice President and Consultant | Former |
| Medworks | Founder | Former |
| Acorda Therapeutics, Inc. | member | Former |
| Digital Fusion Inc. | Officer | Former |
| Medworks | Chairman | Former |
| Acorda Therapeutics, Inc. | Board of Directors | Former |
| Harvard Business School | Mba Degree | Former |
| Harvard College | BA Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Vice President, Finance and Chief Accounting Officer | Current |
| Vion Corporation | Controller | Current |
| Vion Pharmaceuticals, Inc. | Controller | Current |
| Arthur Anderson & Co. | Auditor | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Vice President and Chief Business Officer | Current |
| Strategic Planning, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Vice President Clinical Development | Current |
| Vion Pharmaceuticals, Inc. | Senior Director | Former |
| Vion Corporation | Senior Director | Former |
| Duke University | Associate | Former |
| Schering-Plough Corporation | Board of Directors | Former |
| Duke University | B.S. Degree | Former |
| Yale University | Associate Degree | Former |
| Schering-Plough Corporation | Member | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Vice President Research and Development | Current |
| Vion Corporation | Vice President, Research | Former |
| Vion Corporation | Director of Biology | Former |
| Bristol-Myers Squibb Company | Senior Scientist | Former |
| Schering-Plough Research Institute | Leader | Former |
| Vion Pharmaceuticals, Inc. | Director | Former |
| Yale University School of Medicine | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Vice President of Chem Manuf & Control | Current |
| Vion Corporation | Current | |
| University of Connecticut | Ph.D. Degree In Chemistry | Former |
| College of the Holy Cross | BA Degree In Chemistry | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Vice President, Regulatory & Quality Affairs | Current |
| Oncology Inc | Senior Director of Regulatory Affairs | Former |
| Millennium Pharmaceuticals, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Vice President Medical | Current |
| CuraGen Corporation | Vice President, Clinical Development | Former |
| Eisai Co., Ltd. | Vice President | Former |
| Celsion Corporation | Vice President, Clinical & Medical Affairs | Former |
| Marion Merrell Dow | Former | |
| Weill Medical College of Cornell University | Degree | Former |
Bill assumed overall responsibility for Legg Mason's equity funds management group in late 1990. Prior to this, he co-managed the Legg Mason Value Trust with Ernie Kiehne since its inception in 1982. He was the Director of Research of Legg Mason from October 1981 through June 1985. He earned his economics degree from Washington and Lee University where he graduated with honors in 1972. Subsequent to graduation, he served as a Military Intelligence Officer overseas and then pursued graduate studies in philosophy in the Ph.D. program at The Johns Hopkins University. Prior to joining Legg Mason in 1981, he served as Treasurer of the J.E. Baker Company, a major manufacturer of products for the steel and cement industries. Bill received his CFA designation in 1986. Bill currently serves as Chairman on the Board of Trustees of the Santa Fe Institute, one of the world's leading scientific research laboratories, which conducts multi-disciplinary research in complex systems theory.
| Organization | Position | Status |
|---|---|---|
| Legg Mason Capital Management Inc. | CEO | Current |
| Vion Pharmaceuticals, Inc. | Director, Chairman | Current |
| Ci Financial Income Fund | Current | |
| Medasorb Technologies, Inc. | Chairman of the Board | Current |
| Santa Fe Institute | Chairman | Current |
| Elusys Therapeutics, Inc. | Director | Current |
| Manhattan School of Music | Board of Directors | Current |
| Scius Capital Group LLC | Board of Directors | Current |
| Legg Mason Capital Management Inc. | Director of Research | Former |
| Washington and Lee University | Degree, Economics | Former |
| The Johns Hopkins University | Intelligence Officer | Former |
| The Cold | Chairman | Former |
| J.E. Baker Company | Treasurer | Former |
| Santa Fe Institute | Board of Directors | Former |
| The Johns Hopkins University | Ph.D., Philosophy | Former |
| Washington and Lee University | Degree | Former |
| ImClone Systems Incorporated | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Director, Conferences | Current |
Alan C. Sartorelli, Ph.D. has been a director since 1995. Dr. Sartorelli has been an Alfred Gilman Professor of Pharmacology at Yale University School of Medicine since 1967 and Chairman of our Scientific Advisory Board since April 1995. Dr. Sartorelli was Chairman of the OncoRx, Inc. Scientific Advisory Board from May 1993 to April 1995 and director of Yale Comprehensive Cancer Center from 1984 to 1993.
| Organization | Position | Status |
|---|---|---|
| Yale University School of Medicine | Alfred Gilman Professor of Pharmacology | Current |
| Vion Pharmaceuticals, Inc. | Director and Chairman of Vion's Scientific Advisory Board | Current |
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Chair | Current |
| Middlesex Health System, Inc. | Board of Directors | Current |
| Vion Pharmaceuticals, Inc. | Director | Current |
| Plug Power Inc. | Director | Current |
| Zygo Corporation | Chief Executive Officer | Former |
| Foxboro | Chief Executive Officer | Former |
| Zygo Corporation | President | Former |
| Foxboro | President | Former |
| Zygo Corporation | Chairman | Former |
| Foxboro | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| Advanced Biohealing | Chief Executive Officer | Current |
| Red Abbey, LLC | Co-Founding Member | Current |
| Hepaticus, Inc. | Current | |
| Vion Pharmaceuticals, Inc. | Chairman | Current |
| Advanced Biohealing | Chairman | Current |
| MIT Enterprise Forum, Inc. | Board of Directors | Current |
| Mycellf Program Knowledge Center | Board of Directors | Current |
| Sciona, Inc. | Board Member | Current |
| Genaissance Pharmaceuticals, Inc. | Chief Executive Officer | Former |
| Clinical Data Inc. | Chief Executive Officer | Former |
| Genaissance Pharmaceuticals, Inc. | President | Former |
| Ore Pharmaceuticals Inc. | Acting Cfo | Former |
| Clinical Data Inc. | Founder | Former |
| Genaissance Pharmaceuticals, Inc. | Co-Founder | Former |
| Ernst & Young | Manager | Former |
| Vion Pharmaceuticals, Inc. | Board of Directors | Former |
| Clinical Data Inc. | Board of Directors | Former |
| University of Cape Town | M.S. In Finance | Former |
| Columbia University | M.B.A. | Former |
| Columbia University | B.S. In Business | Former |
| University of Cape Town | B.S. In Business | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
Stephen K. Carter, M.D. has served on our Board of Directors since September 1998. Since 1997, Dr. Carter has been a consultant to the pharmaceutical industry. Dr. Carter was Senior Vice President of Research and Development at Boehringer Ingelheim Pharmaceuticals, Inc. from 1995 to 1997. Prior to joining Boehringer, Dr. Carter was Senior Vice President of Worldwide Clinical Research and Development at Bristol-Myers Squibb Company. From 1976 to 1982, Dr. Carter served as Director of the Northern California Cancer Program. Dr. Carter was also appointed to President Clinton's panel for AIDS drug development. Dr. Carter is a director of Allos Therapeutics, Alfacell Corporation, Emisphere Technologies, Inc. and Vion Pharmaceuticals Inc. and several privately held companies. Dr. Carter received an A.B. in History from Columbia College and an M.D. degree from New York Medical College. He completed a medical internship and residency at Lenox Hill Hospital.
| Organization | Position | Status |
|---|---|---|
| Emisphere Technologies, Inc. | Director | Current |
| Vion Pharmaceuticals, Inc. | Director | Current |
| Cytogen Corporation | Director | Current |
| Alfacell Corp | Director | Current |
| Allos Therapeutics, Inc. | Director | Current |
| Callisto Pharmaceuticals, Inc. | Director | Current |
| Tapestry Pharmaceuticals Inc. | Director | Current |
| Celator Pharmaceuticals | Director | Current |
| Bristol-Myers Squibb Company | Senior Vice President of Worldwide Clinical Research and Development | Former |
| New York Medical College | M.D. Degree | Former |
| Columbia College | A.B. In History | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| USA India Chamber of Commerce | Managing Director, Crt Investment Banking | Current |
| CRT Capital Group LLC | Managing Director | Current |
| Sheffield Mechant Banking Group | Current | |
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Oracle Healthcare Acquisition Corp. | Director | Current |
| BMP Sunstone Corporation | Director | Current |
| Gavi Alliance | Board of Directors | Current |
| IMS Health, Inc. | Cfo | Former |
| Rutgers University | B.S. Degree In Engineering | Former |
| Rutgers University | engineering and business degree | Former |
| Organization | Position | Status |
|---|---|---|
| Vion Pharmaceuticals, Inc. | Board of Directors | Current |
| Pfizer Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Sources of Wisdom | Chairman and Chief Executive Officer of General Foods Corporation | Current |
| Vion Pharmaceuticals, Inc. | Director | Current |
| The Business Council | Member | Current |
| South Carolina Aquarium | Chairman | Former |
| Union Carbide Corporation | Director | Former |
| Harvard University | M.B.A. | Former |
| Aspen Institute | Trustee Emeritus | Former |
| Hamilton College | Trustee | Former |
Executive News
-
Vion Pharmaceuticals (VION) Presents Data on Onrigin(TM) Elderly AML Trials at the American Society of Clinical Oncology Annual Meeting
-
Vion Pharmaceuticals Presents Data on Onrigin(TM) Elderly AML Trials at the ASCO(R) Annual Meeting
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Vion Pharmaceuticals Presents Data on Onrigin(TM) Elderly AML Trials at the ASCO(R)...
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Vion Pharmaceuticals Reports 2009 First Quarter Results
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