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Lerner's affiliations
By Times Staff
Published June 17, 2007
Lerner's current affiliations
| Here is a look at the companies that Richard Lerner has ties to and how he is compensated, if at all. |
| Company | Lerner's role | Lerner's compensation, income | What company does |
| 5AM Ventures Menlo Park, Calif. | Scientific advisory board; investor | Compensation not disclosed | Backs biotech startups, including firms with ties to Scripps. |
| Acro Inc. Caesarea, Israel | Advisory board | Gets 16, 666 shares of stock a quarter, or up to 200, 000 shares. | Makes device that detects bombs like the one carried by "shoe bomber" Richard Reid. |
| Alavita Pharmaceuticals Inc. Mountain View, Calif. | Board of directors | Stock; value not disclosed | Looks for molecules that prevent tissue rejection. |
| Bay City Capital San Francisco | Chairman, scientific advisory board; investor | Compensation not disclosed | Backs biotech firms; investors include Pritzker family (Hyatt hotels, Royal Caribbean cruises). |
| CovX Pharmaceuticals Inc. San Diego | Part owner; co-founder; consultant, 2002-2007 | Stock; value not disclosed | Seeks class of drugs to treat cancer, other illnesses. |
| Dyadic International Jupiter | Chairman, scientific advisory board | Stock options; value not disclosed | Makes enzymes for textile, paper and animal feed industry; seeks alternative fuels; gets research help from Scripps. |
| IBM Corp. Armonk, N.Y. | Visiting scientist at T.J. Watson Research Center | Uncompensated | Researches bird flu, other viruses in joint venture with Scripps. |
| Intra-Cellular Therapies Inc. New York | Board of directors; scientific advisory board | 40, 000 stock options; value not disclosed | Develops psychiatric drugs and antidotes against biological warfare agents. |
| Kraft Foods Inc. Northfield, Ill. | Board of directors; audit committee; nominating and governance committee | Stock and board fees worth about $489, 000 in 2005-2007 | Makes processed food, seeks healthier products to combat obesity and diabetes. |
| Opko Health Inc. ( ly eXegenics) Miami | Board of directors; chairman, compensation committee; member, nominating and governance committee | Option to buy 20, 000 shares at $4.88 a share | Develops treatments for eye diseases. |
| Optimer Pharmaceuticals Inc. San Diego | Scientific advisory board | Stock or options; value not disclosed | Develops treatments for gastrointestinal infections using Scripps' technology. |
| Pfizer Inc. New York | Chair, scientific advisory board | Uncompensated | Makes Viagra, Lipitor, other drugs; pays Scripps $100-million over five years in exchange for rights to some discoveries. |
| Siemens AG Munich, Germany | Scientific advisory board | Compensation not disclosed | Develops MRIs and diagnostic products |
| Skaggs Institute La Jolla, Calif. | Board of directors | Uncompensated; research funds | Conducts chemical biology research. |
| Xencor Inc. Monrovia, Calif. | Board of directors | Compensation not disclosed | Develops antibody therapies. |
Lerner's former affiliations
In the past, Richard Lerner received stock, stock options, fees, royalties or research funds, invested in, or had some uncompensated position with these companies:
Alexion Pharmaceuticals, Cheshire, Conn. Targets diseases such as cancer and autoimmune disorders.
Alexza Pharmaceuticals Inc., Palo Alto, Calif. Tests inhaled medicines for migraines, acute pain and agitation from schizophrenia.
Amylin Pharmaceuticals, San Diego. Seeks therapies for obesity and diabetes.
Bioren Inc., San Carlos, Calif. Specializes in improving antibodies. Purchased by Pfizer in 2005.
Cambridge Antibody Technology, Cambridge, England. Helped develop arthritis drug Humira with Abbott Laboratories.
CN Biosciences Inc., San Diego. Sold research supplies. Now part of EMD Chemicals.
Cypress Bioscience Inc., San Diego. Has sought treatments for rheumatoid arthritis, other disorders.
Cytel Corp., San Diego. Sought cancer vaccines. Assets merged and sold off.
Epicyte Pharmaceutical Inc., San Diego. Produced antibodies in plants using Scripps technology. Purchased by Biolex Inc.
Genex Corp., Gaithersburg, Md. Made protein products for commercial and government clients. Purchased by Enzon Labs.
IGEN Inc., Gaithersburg, Md. Developed antibody and diagnostic products. Now BioVeris Corp.
IVAX Corp., Miami. Makes generic drugs. Now part of Teva Pharmaceutical Industries.
Johnson & Johnson, New Brunswick, N.J. Makes drugs and medical devices and baby care products.
Kalypsys Inc., San Diego. Designs automated drug discovery systems.
Materia Inc., Pasadena, Calif. Invented a very hard plastic that can be used in golf club heads and baseball bats.
NephroGenex Inc., Cary, N.C. Develops treatments for kidney disease.
Novartis Institute for Functional Genomics, San Diego. Conducts research for Swiss affiliate.
Philip Morris, Richmond, Va. Makes Marlboros and Virginia Slims. Now part of Altria Group.
PPG Industries, Pittsburgh .Makes paints, glass and chemicals.
Richard Alan Lerner Corp., La Jolla, Calif. Handled fees from Lerner's outside consulting work.
Scantibodies Laboratory Inc., Santee, Calif. Provides products for diagnostic tests.
Senomyx Inc., La Jolla, Calif. Develops flavors for food and beverage companies.
Syrrx Inc., San Diego, Develops methods to speed drug discovery. Now part of Takeda Pharmaceuticals.
Vysis Inc., Downers Grove, Ill. Makes tests to diagnose cancer and other diseases. Now part of Abbott Laboratories.
Sources: Richard A. Lerner; U.S. Securities and Exchange Commission documents; Scripps Research Institute documents; Who's Who in America; Who's Who in the World; Marquis Who's Who on the Web; Who's Who in the West; company Web sites, interviews and press releases; Palm Beach Post; San Diego Union-Tribune.
Times researcher Carolyn Edds contributed to the chart.
[Last modified June 16, 2007, 14:07:13]
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