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Who founded Imclone Systems?

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Anonymous

16y ago
Updated: 8/17/2019

Sam Waksal

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16y ago

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When was ImClone Systems created?

ImClone Systems was created in 1984.


What is the ticker symbol for ImClone Systems?

The ticker symbol for ImClone Systems is IMCL and it is traded on the Nasdaq.


What is the imclone by Martha Stewart?

ImClone is a biotechnology company known for its development of cancer therapies, particularly the drug Erbitux (cetuximab), which targets certain types of cancer. Martha Stewart has no direct association with ImClone; however, she faced legal issues in 2001 connected to ImClone's founder, Samuel Waksal, due to insider trading allegations. Stewart sold her shares in ImClone just before a significant drop in the company's stock price, which led to her conviction for obstruction of justice and lying to investigators.


What role did Peter Dolan play in the Martha Stewart scandal?

he negotiated a $2 billion deal with Imclone Systems, the company notorious for its involvement in the Martha Stewart insider-trading scandal.


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Martha Stewart connection with cetuximab?

this is the drug she went to jail over (insider trading) she got inside/non-public info from Peter Bacanovic, who was her broker at Merrill Lynch; that the sales were going to drop due to an adverse drug event that the FDA was going to announce the next day. she sold all 3,928 shares of her ImClone Systems stock on December 27, 2001, the next day, the stock value fell 16%. FYI its a cancer drug for head / neck/ or colorectal cancer. and you can also find info on this by looking up ImClone scandal. ImClone was the company that used to make it, but EliLily bought the company in 2008.


Questioned during a segment on The Early Show about her ImClone dealing who said you want to focus on your salad?

Martha Stewart


When was Telecommunication Systems founded?

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It was not a good thing In 2002 who was jailed for insider trading of shares in ImClone becoming inmate register number 55170-054?

Martha Stewart


Did Martha Stewart commit the Crime of insider trading when she sold her ImClone shares on December 27 2001?

She was convicted and sentenced, so, yes.