Kadmon Pharmaceuticals

Kadmon Corporation, LLC.

Traded as	: KDMN
Industry	Biotechnology
Founded	2009
Founder	Samuel D. Waksal
Headquarters	450 East 29th Street, New York, NY 10016, United States
Number of locations	Warrendale, PA and Brighton, MA
Key people	Harlan W. Waksal, MD, Chairman and CEO Mr. Konstantin Poukalov, Chief Financial Officer and Executive Vice President Mr. Steven N. Gordon J.D., Esq., Executive Vice President and General Counsel
Products	RIBISPHERE
Number of employees	140
Website	Kadmon.com

Kadmon Corporation (originally Kadmon Pharmaceuticals) is a biopharmaceutical company based in New York City. It also has operations in Warrendale, PA and Brighton, MA. The company was founded in 2009 by Samuel D. Waksal, founder and former CEO of ImClone Systems, now fully merged into Eli Lilly and Company. Waksal had served a federal prison sentence stemming from his fiduciary role as CEO in the 2001 . When released in 2009 he was barred from serving as an officer for any publicly traded company but Kadmon was privately financed.

In September 2014, amid plans to take the company to an IPO Harlan W. Waksal, brother of Samuel Waksal, became President and Chief Executive Officer while Samuel Waksal remained on with the title Chief of Innovation, Science and Strategy. In early 2016 Sam Waksal left Kadmon and in June the company filed paperwork for its IPO. On July 27, 2016 the company's stock began trading on the NYSE under the symbol KDMN.

During Waksal's leadership of ImClone the company was engaged in early stage research projects for 15 years before filing its first drug application. Kadmon however immediately began acquiring drugs further advanced - either already marketed in the US or in the later stages of clinical development. It acquired the Warrendale, PA-based company Three Rivers Pharmaceuticals and their Ribasphere and topotecan products. It also signed an agreement with Ontario, Canada-based Valeant Pharmaceuticals for their Hepatitis C drugs ribavirin and taribavirin (now KD024). Cancer drugs XL647 and XL844 were acquired from Exelixis. An inhibitor of several protein kinases, tesevatinib (XL647, KD019) entered Phase II clinical trial for certain indications of non-small cell lung cancer. and in polycystic kidney disease. XL844 is an inhibitor of protein kinases Chk1 and Chk2 and may increase the sensitivity of cancer cells to radiation therapy.