Garo Armen - Protagenic Therapeutics Chairman of the Board
PTIX Stock | USD 0.65 0.04 6.56% |
Chairman
Dr. Garo H. Armen, Ph.D. is Chairman of the Board of the Company. He is one of our founders and joined us in September 2004. Garo H. Armen is Chairman and Chief Executive Officer of Agenus Inc., a biotechnology company he cofounded in 1994. From mid2002 through 2004, he also served as Chairman of the Board of directors of the biopharmaceutical company Elan Corporationrationration, plc, which he successfully restructured. Prior to Agenus Inc., Dr. Armen established Armen Partners, a money management firm specializing in biotechnology and pharmaceutical companies, and was the architect of the widely publicized creation of the Immunex Lederle oncology business in 1993. Earlier, he was a senior vice president of research at Dean Witter Reynolds, having begun his career on Wall Street as an analyst and investment banker at EF Hutton. In 2002, Dr. Armen founded the Children of Armenia Fund, a nonprofit organization dedicated to significantly rebuilding and revitalizing impoverished rural Armenian towns to provide immediate and sustainable benefits to children and youth. He received the Ellis Island Medal of Honor in 2004 for his humanitarian efforts, and received the Sabin Humanitarian Award from the Sabin Vaccine Institute in 2006 for his achievements in biotechnology and progressing medical research. Dr. Armen was also the Ernst Young 2002 New York City Biotechnology Entrepreneur of the Year, and received a Wings of Hope Award in 2005 from The Melanoma Research Foundation for his ongoing commitment to the melanoma community since 2016.
Age | 71 |
Tenure | 8 years |
Professional Marks | Ph.D |
Address | 149 Fifth Avenue, New York, NY, United States, 10010 |
Phone | 212 994 8200 |
Web | https://www.protagenic.com |
Garo Armen Latest Insider Activity
Tracking and analyzing the buying and selling activities of Garo Armen against Protagenic Therapeutics stock is an integral part of due diligence when investing in Protagenic Therapeutics. Garo Armen insider activity provides valuable insight into whether Protagenic Therapeutics is net buyers or sellers over its current business cycle. Note, Protagenic Therapeutics insiders must abide by specific rules, including filing SEC forms every time they buy or sell Protagenic Therapeutics'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Garo Armen over a week ago Acquisition by Garo Armen of 1502 shares of Agenus at 10.86 subject to Rule 16b-3 | ||
Garo Armen over three months ago Acquisition by Garo Armen of 1055 shares of Agenus at 15.46 subject to Rule 16b-3 | ||
Garo Armen over three months ago Acquisition by Garo Armen of 65651 shares of Agenus at 11.9 subject to Rule 16b-3 | ||
Garo Armen over three months ago Acquisition by Garo Armen of 1040 shares of Agenus at 15.69 subject to Rule 16b-3 |
Protagenic Therapeutics Management Efficiency
The company has return on total asset (ROA) of (0.9017) % which means that it has lost $0.9017 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (2.0636) %, meaning that it created substantial loss on money invested by shareholders. Protagenic Therapeutics' management efficiency ratios could be used to measure how well Protagenic Therapeutics manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -1.21 in 2024. Return On Capital Employed is likely to rise to -1.17 in 2024. At this time, Protagenic Therapeutics' Total Current Assets are fairly stable compared to the past year. Net Tangible Assets is likely to rise to about 12 M in 2024, whereas Total Assets are likely to drop slightly above 4.1 M in 2024.Similar Executives
Found 2 records | CHAIRMAN Age | ||
Samuel Reich | SAB Biotherapeutics | 49 | |
Sean DPHIL | CytomX Therapeutics | 57 |
Management Performance
Return On Equity | -2.06 | ||||
Return On Asset | -0.9 |
Protagenic Therapeutics Leadership Team
Elected by the shareholders, the Protagenic Therapeutics' board of directors comprises two types of representatives: Protagenic Therapeutics inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Protagenic. The board's role is to monitor Protagenic Therapeutics' management team and ensure that shareholders' interests are well served. Protagenic Therapeutics' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Protagenic Therapeutics' outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert MD, Chief Director | ||
Garo Armen, Chairman of the Board | ||
MD CFA, CFO Secretary | ||
David Lovejoy, Scientific Officer | ||
Andrew Slee, Chief Officer |
Protagenic Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Protagenic Therapeutics a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | -2.06 | ||||
Return On Asset | -0.9 | ||||
Current Valuation | (721.57 K) | ||||
Shares Outstanding | 6.79 M | ||||
Shares Owned By Insiders | 14.24 % | ||||
Shares Owned By Institutions | 5.76 % | ||||
Number Of Shares Shorted | 89.12 K | ||||
Price To Earning | 9.43 X | ||||
Price To Book | 5.75 X | ||||
EBITDA | (4.5 M) |
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