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Keryx Biopharmaceuticals Inc

 
Hoover's Profile:

Keryx Biopharmaceuticals, Inc.

(NASDAQ (GM):KERX)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Keryx Biopharmaceuticals, Inc.
750 Lexington Ave., 20th Fl.
New York, NY 10022
NY Tel. 212-531-5965
Fax 212-531-5961

Type: Public
On the web: http://www.keryx.com
Employees: 17
Employee growth: (66.0%)

Drugs are a life-or-death business for Keryx Biopharmaceuticals. The company specializes in developing treatments for life-threatening ailments, such as cancer and kidney disease. Its lead candidate is Zerenex, a compound that may reduce high phosphate levels in patients with end-stage renal disease. The company is also developing KRX-0401 (also known as perifosine) to fight renal cell carcinoma and other cancers. Keryx suffered a major blow in 2008 when its previous lead candidate Sulonex failed in a pivotal clinical trial; the drug had been intended to treat diabetic nephropathy, a diabetes-related kidney disease.

Key numbers for fiscal year ending December, 2008:
Sales: $1.3M
One year growth: 22.3%
Net income: ($52.9)M

Officers:
Interim Chairman: Michael P. Tarnok
CEO and Director: Ron Bentsur
VP Finance, Treasurer, and Corporate Secretary: James F. Oliviero

Competitors:
Baxter International
CuraGen
Shire

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