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OSI Pharmaceuticals Inc. (OSIP)

On Feb 9: 34.18 USD  Up 0.01 (0.03%)  
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OSI Pharmaceuticals Inc.
41 Pinelawn Road
Melville, NY 11747
Phone: 631-962-2000
Fax: 631-752-3880
Web Site: http://www.osip.com

DETAILS
Index Membership: N/A
Sector: Healthcare
Industry: Biotechnology
Employees (last reported count): 611

BUSINESS SUMMARY
OSI Pharmaceuticals, Inc., a biotechnology company, engages in the discovery, development, and commercialization of pharmaceutical products for the treatment of oncology, diabetes, and obesity in the United States. Its flagship product, Tarceva (erlotinib) is a small molecule inhibitor of the epidermal growth factor receptor. The company also offers Macugen for the treatment of neovascular age-related macular degeneration; and Novantrone, an anthracenedione used as an intravenous chemotherapy agent, as well as for the treatment of nonlymphocytic leukemia and the relief of pain associated with hormone refractory prostate cancer. Its products under development include OSI-930, a tyrosine kinase inhibitor designed to target cancer cell proliferation and blood vessel growth, or angiogenesis, in selected tumors completed Phase I dose escalation studies; OSI-906, a tyrosine kinase inhibitor that acts as a selective inhibitor and stimulates proliferation, enables oncogenic transformation, and suppresses apoptosis; and PSN9301, which completed Phase IIa for the treatment of type 2 diabetes. In addition, OSI Pharmaceuticals in collaboration with Pfizer develops CP-547,632, a VEGFR inhibitor, which is in Phase II trials; and CP-868,596, a PDGFR inhibitor that is in Phase I trials. Further, the company's products under pre-clinical stage of development include OSI-027, a TORC1/TORC2 signaling inhibitor; and PSN602, a S1RUP inhibitor. The company has collaboration agreements with Cold Spring Harbor Laboratory; Genentech, Inc.; Roche; and AVEO Pharmaceuticals, Inc. It also has a collaboration agreement with Dako A/S to study EGFR PharmDx for use as an aid in the assessment of patients with a diagnosis of nonsmall cell lung cancer. OSI Pharmaceuticals was founded in 1983 and is headquartered in Melville, New York.
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    OFFICERS
      Pay Exercised
    Dr. Colin Goddard Ph.D.,
    Chief Exec. Officer, Director and Member of Exec. Committee
    $ 611.00K $ 1.35M
    Mr. Michael G. Atieh , 54
    Chief Financial Officer, Principal Accounting Officer, Exec. VP and Treasurer
    N/A N/A
    Dr. Anker Lundemose M.D., Ph.D., D.Sc., 46
    Exec. VP, Chief Exec. Officer of Prosidion Limited, Pres of (OSI) Prosidion and Member of Exec. Management Committee
    N/A N/A
    Mr. Gabriel Leung , 46
    Exec. VP and Pres of Oncology Bus.
    $ 604.00K $ 622.00K
    Mr. Paul G. Chaney , 50
    Exec. VP and Pres of (OSI) Eyetech
    $ 538.00K N/A
    Dollar amounts are as of 31-Dec-06 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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