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Facet Biotech Corporation (FACT)On Dec 17: 17.12   0.00 (0.00%)  
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Facet Biotech Corporation
1400 Seaport Boulevard
Redwood City, CA 94063
United States - Map
Phone: 650-454-1000
Web Site: http://www.facetbiotech.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Biotechnology
Full Time Employees:327

BUSINESS SUMMARY 
Facet Biotech Corporation, a biotechnology company, engages in the identification and development of oncology therapeutics. Its products in development include Daclizumab, a monoclonal antibody in Phase II clinical studies that binds to the alpha chain of the interleukin-2 receptor on activated T cells; and Volociximab, which is in Phase I/II clinical studies is a chimeric monoclonal antibody that inhibits the functional activity of a protein in activated endothelial cells. The company is also developing Elotuzumab, a monoclonal antibody in Phase I clinical study, which binds to a cell surface glycoprotein that is expressed on myeloma cells and normal human cells; PDL192, a monoclonal antibody in Phase I clinical study, which binds to the tumor necrosis factor-like weak inducer of apoptosis receptor; and PDL241, a monoclonal antibody in the preclinical stage for immunologic diseases. Facet Biotech Corporation has a collaboration agreement with Biogen Idec Inc. The company is headquartered in Redwood City, California. Facet Biotech Corporation operates independently of PDL BioPharma Inc. as of December 18, 2008.
Key Statistics

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    CORPORATE GOVERNANCE 
    Facet Biotech Corporation's Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 73.8% of Russell 3000 companies and 78.9% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Faheem Hasnain , 50
    Chief Exec. Officer, Pres, Director and Member of Equity Grant Committee
    $ 215.00KN/A
    Mr. Andrew L. Guggenhime , 40
    Chief Financial Officer and Sr. VP
    $ 641.00KN/A
    Dr. Mark McCamish M.D., Ph.D., 56
    Chief Medical Officer and Sr. VP
    N/A N/A
    Dr. Maninder Hora Ph.D., 55
    VP of Product & Quality Operations
    $ 488.00KN/A
    Mr. Francis Sarena , 38
    VP, Sec. and Gen. Counsel
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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