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Saturday, December 5, 2009, 5:31AM ET - U.S. Markets Closed. Dow Up 0.22% Nasdaq Up 0.98%
OSI Pharmaceuticals Inc. (OSIP)On Dec 4: 34.35  Up 0.28 (0.82%)  
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OSI Pharmaceuticals Inc.
41 Pinelawn Road
Melville, NY 11747
United States - Map
Phone: 631-962-2000
Fax: 631-752-3880
Web Site: http://www.osip.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Healthcare
Industry:Biotechnology
Full Time Employees:491

BUSINESS SUMMARY 
OSI Pharmaceuticals, Inc., a biotechnology company, engages in the discovery, development, and commercialization of molecular targeted therapies for the treatment of unmet medical needs in oncology, diabetes, and obesity. Its flagship product, Tarceva is a small molecule therapeutic designed to inhibit the receptor tyrosine kinase activity of the protein product of the HER1/EGFR gene. The company also offers Novantrone, a mitoxantrone for injection concentrate. OSI Pharmaceuticals’ products in Phase I clinical trials include OSI-906, an oral small molecule IGF-1R inhibitor for various cancers, including NSCLC, breast, pancreatic, prostate, colorectal, adrenocortical, and ovarian; PSN821, an oral small molecule drug with anti-diabetic and appetite suppressing effects developed for the treatment of type 2 diabetes; PSN602, a novel dual serotonin and noradrenaline reuptake inhibitor for the long-term treatment of obesity; and OSI-027, a small molecule TORC1/TORC2 inhibitor to supersede first generation mTOR inhibitors. The company’s other development programs include OSI-296, a novel potent TKI developed to block compensatory signaling in epithelial tumor cells; OSI-930, a multi-targeted tyrosine kinase inhibitor that acts as a potent co-inhibitor of the receptor tyrosine kinases c-kit and the vascular endothelial growth factor receptor-2; OSI-632, an anti-angiogenesis agent; and CP-868,596, a PDGFR inhibitor. OSI Pharmaceuticals has collaboration agreements with Genentech, Inc.; Roche; and AVEO Pharmaceuticals, Inc. The company was founded in 1983 and is based in Melville, New York.
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    CORPORATE GOVERNANCE 
    OSI Pharmaceuticals Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 18.9% of S&P 400 companies and 67.2% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Dr. Colin Goddard Ph.D.,
    Chief Exec. Officer, Director, Member of Exec. Committee, Member of Oncology Committee and Member of Prosidion Committee
    $ 1.36M $ 0
    Mr. Pierre Legault CA, M.B.A., 48
    Chief Financial Officer, Principal Accounting Officer, Exec. VP and Treasurer
    $ 5.00K $ 0
    Dr. Anker Lundemose M.D., Ph.D., D.Sc., 47
    Exec. VP of Diabetes, Obesity R&D, Pres of OSIP UK and Chief Exec. Officer of Prosidion Limited
    $ 656.00K $ 0
    Mr. Gabriel Leung , 47
    Pres of Pharmaceutical Bus. and Exec. VP
    $ 673.00K $ 922.00K
    Mr. Robert L. Simon , 64
    Exec. VP of Pharmaceutical Devel. and Manufacturing
    $ 616.00K $ 187.00K
    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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