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 Kessman
Number of Employees 43
Contact Information

4 Science Park

New Haven, Connecticut 06511-1963

vionpharm.com

(203) 498-4210

NAICS Code Biological Product (except Diagnostic) Manufacturing: 325414

Recent Events

  • Skymark Research Initiates Independent Research Coverage On Vion Pharmaceuticals, Inc.

    9/10/09 - Bond / Stock Rating - View Story

  • Vion Pharmaceuticals VION Presents Data on OnriginTM Elderly AML Trials at the American Society of...

    6/01/09 - Product Announcement - View Story

News & Analysis

vion pharmaceuticals inc. - All News and Analysis

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

    BioSpace - 6/01/09 - View Story

  • Vion Pharmaceuticals Presents Data on Onrigin(TM) Elderly AML Trials at the ASCO(R) Annual Meeting

    Rehab Manegement - 6/01/09 - View Story

  • Vion Pharmaceuticals Presents Data on Onrigin(TM) Elderly AML Trials at the ASCO(R)...

    Reuters - 6/01/09 - View Story

  • Vion Pharmaceuticals Reports 2009 First Quarter Results

    PR Newswire via Yahoo! - 5/11/09 - View Story

advertisement
     VION $0.71 0.00 (0.00% )
Average Volume 164,908
Shares Outstanding 8.10M
Market Cap 5.8M
Year High 6.54
Year Low 0.25
Earnings Per Share -3.21
P/E Ratio -0.22
Dividend N/A
Yield N/A
advertisement
Click Here