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Cypress Bioscience Inc

 
Hoover's Profile: Cypress Bioscience, Inc.
 
(NASDAQ (GM):CYPB)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Cypress Bioscience, Inc.
4350 Executive Dr., Ste. 325
San Diego, CA 92121
CA Tel. 858-452-2323
Fax 858-452-1222

Type: Public
On the web: http://www.cypressbio.com
Employees: 145
Employee growth: 530.4%

Cypress Bioscience explores the swampy waters of functional somatic syndromes, a group of chronic symptom-based disorders that are, on the whole, poorly understood. The biotech company's primary target is fibromylagia, a condition marked by pain, stiffness, and fatigue that tends to affect adult women. Cypress Bioscience licensed a drug called milnacipran (branded as Savella) from French drugmaker Pierre Fabre as a potential therapy for fibromyalgia. Developed with partner Forest Laboratories, Savella was approved by the FDA in 2009. Cypress Bioscience has also partnered with Collegium Pharmaceutical to develop reformulations and analogs of milnacipran.

Key numbers for fiscal year ending December, 2008:
Sales: $17.2M
One year growth: 23.1%
Net income: ($18.2)M

Officers:
CEO and Chairman: Jay D. Kranzler
EVP, COO, and CFO: Sabrina Martucci Johnson
VP Legal Affairs: Denise L. Wheeler

Competitors:
Eli Lilly
Pfizer
Quest Diagnostics

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