Facet Biotech Corporation · Redwood City, CA United States ·(NASDAQ (GM): FACT)
Company Description
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This link will open in a new window Facet Biotech is the new face for PDL BioPharma 's former research programs. The biotechnology development company is engaged in the pursuit of antibody (protein) therapies for immune system diseases and cancers. Its research is based on a humanization technology for mouse monoclonal antibodies (MAbs) that triggers an immunological response against diseased cells. Facet Biotech is developing treatments for solid cancer tumors, multiple sclerosis, and multiple myeloma (bone marrow cancer). PDL BioPharma spun off its biotech operations in the form of Facet Biotech in late 2008. To read the full description, subscribe now.
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Key Facet Biotech Corporation Financials
| Company Type | Public - NASDAQ (GM): FACT Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $18.3 |
| 2008 Employees | 327 |
Facet Biotech Corporation Executives
11 executives listed for Facet Biotech Corporation's Redwood City, CA location.
| Title | Name & Bio | Contact |
| President, CEO, and Director | Faheem Hasnain | Network |
| SVP and CFO | Andrew Guggenhime | Network |
| SVP and Chief Scientific Officer | Mark Rolfe | Network |
Competition
Competitive Landscape for Facet Biotech Corporation
Demand often depends on the income of consumers or the profitability of business customers, because many technology products and services are expensive. The profitability of individual companies is driven by their ability to develop and market new products. Large companies often have advantages in access to capital and marketing. Small companies can compete successfully if they have expertise in a particular field of knowledge. The industry is capital-intensive: average annual revenue per worker is nearly $300,000. To read the full description, subscribe now.Top Facet Biotech Corporation Competitors
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