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Biodel Inc

 
Hoover's Profile: Biodel Inc.
(NASDAQ (GM):BIOD)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Biodel Inc.
100 Saw Mill Rd.
Danbury, CT 06810
CT Tel. 203-796-5000
Fax 203-796-5001

Type: Public
On the web: http://www.biodel.com
Employees: 60
Employee growth: 100.0%

Biodel delves into the development of viable treatments for endocrine disorders. The company uses its VIAdel biological technology to reformulate and administer existing peptide drugs. Its two main product candidates are in clinical trials for treating diabetes. Biodel's VIAject insulin formula is designed to be rapidly absorbed into the bloodstream following injection, while its VIAtab insulin tablets are administered orally. Two additional products aimed at treating osteoporosis, VIAmass and VIAcal, are in preclinical development. Members of Biodel's board of directors together own more than 50% of the company; prior to its 2007 IPO, they controlled over 80%.

Key numbers for fiscal year ending September, 2009:
Sales: $0.0M
Net income: ($43.3)M

Officers:
Chairman, President, and CEO: Solomon S. Steiner
VP Operations: Erik Steiner
VP Corporate Development, CFO, and Treasurer: Gerard J. (Gerry) Michel

Competitors:
Eli Lilly
Novo Nordisk
Sanofi-Aventis

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