Argonaut Technologies Names David Binkley CEO.SAN CARLOS San Carlos (săn kär`lōs), residential city (1990 pop. 26,167), San Mateo co., W Calif.; inc. 1925. The chief manufactures are plastic products, hardware, and machine parts. , Calif.--(BUSINESS WIRE)--Dec. 4, 1996--Argonaut Technologies, Inc., a privately held developer of instrumentation and consumable products for use in medicinal chemistry Medicinal or pharmaceutical chemistry is a scientific discipline at the intersection of chemistry and pharmacology involved with designing, synthesizing and developing pharmaceutical drugs. , today named David P. Binkley, Ph.D. as president and chief executive officer, and a member of the board of directors. Dr. Binkley was previously vice president of the Organics Division of Perkin Elmer Corporation based in Wilton, Connecticut Wilton is a town in Fairfield County, Connecticut, in the United States. As of the 2000 census, the town population was 17,633. It is one of the most affluent communities in the United States. . He replaces former CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Joel Martin, Ph.D., who remains with the company as senior vice president, business development and chief financial officer. Dr. Martin also remains a member of Argonaut's board of directors. Brook Byers Brook Byers is the brother of Stanford University Professor Tom Byers, and is a senior partner at Kleiner Perkins Caulfield & Byers. He is currently on the Board of Directors of nine companies, most recently joining OptiMedica ,CardioDX, Genomic Health Incorporated, Five , chairman of the board of Argonaut and partner of Kleiner Perkins Caufield & Byers, described Dr. Binkley as a "dream find" for Argonaut. "Now that we have moved into the manufacturing and marketing phase of our growth, Dave's experience in managing a $200 million fully integrated international instrument company will be invaluable in guiding us as we expand our product lines and sell to the world wide demand we are experiencing." "Argonaut was created upon a solid technical foundation, and since its founding has made incredible progress in developing automated instruments and chemistries for the synthesis of organic molecules," said David Binkley. "Moving forward, the company is uniquely positioned to become a world leading provider of complete systems for the fast growing combinatorial chemistry Combinatorial chemistry involves the rapid synthesis or the computer simulation of a large number of different but structurally related molecules. Introduction Synthesis of molecules in a combinatorial fashion can quickly lead to large numbers of molecules. market, including consumables, automated synthesizers, information management software, and applications support. "I am very pleased to join Argonaut and believe it has the potential to play a key role in accelerating the discovery of new drugs by pharmaceutical developers worldwide." "Dave has seen it all before, from instruments to information systems," said Joel Martin. "He will be a great leader and an asset to all of us. Dave's addition to the team validates Argonaut's exceptional opportunity and gives us the proven managerial depth we need to maintain our leadership in this fast growing area." Dr. Binkley was an employee of Perkin Elmer since 1979, and held a series of increasingly responsible technical and managerial positions, before becoming vice president of the Organic Division in 1993. He received his Ph.D in chemistry from Virginia Tech. Argonaut Technologies, founded in September 1994, is a developer and marketer of proprietary instrumentation, reagents, and consumable products that facilitate the simultaneous synthesis of multiple organic molecules. Argonaut's products are "Power Tools for Chemists"(TM) that take advantage of new technology to automate heretofore manual processes such as mixing, heating and cooling, and addition of chemicals. The company's products marry advances in fluid delivery, material science, machining and computers with the science of solid phase chemistry to enable the parallel synthesis and subsequent purification of large numbers of chemical compounds. Argonaut introduced the Nautilus nautilus, in zoology nautilus, cephalopod mollusk belonging to the sole surviving genus (Nautilus) of a subclass that flourished 200 million years ago, known as the nautiloids. (TM) 2400, the first automated synthesizer synthesizer Machine that electronically generates and modifies sounds, frequently with the use of a digital computer, for use in the composition of electronic music and in live performance. for solid phase organic chemistry in August, 1996. Since that time the company has shipped multiple instruments to pharmaceutical and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. . CONTACT: Argonaut Technologies Elizabeth Mitchell
Elizabeth Mitchell (born on March 27, 1970 in Los Angeles, California) is an American actress who is currently known for her role as Dr. , 415/598-1350 ext. 200 or J.Kureczka Associates Joan Kureczka, 415/821-2413 |
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