When Gleddie took over marketing and sales responsibilities in 1996, Philom Bios' phosphate inoculant was positioned as a product that had broad application for all farmers.
Another innovative approached developed by Gleddie was to fully integrate Philom Bios' marketing and sales roles into one seamless group.
While Gleddie's marketing accomplishments have had a direct impact on Philom Bios' success, they've also helped the inoculant industry and agri-marketing industry as a whole.
Even the companies that have nothing to do with bio can float their stocks by adding bio to their business portfolios and hiring some bio people."
He pointed out that even if bio firms obtain licenses from big global pharmaceutical firms, it isn't certain whether the drugs will pass through the last stage of clinical test.
The Financial Supervisory Service announced last week that it would include 10 pharmaceutical and bio companies in its special accounting probe this year, regarding how they handled their R and D costs.
Bio: LWVUS/LWVEF Board member/trustee, Development chair, 2002-04.
Bio: LWVUS/LWVEF Board, 2002-04, Presidential Selection Update Task Force and Program Planning chair.
In the collaboration, GPC Biotech is providing Karo Bio USA with up to 15 novel antibacterial targets which have been identified and validated using GPC Biotech's integrated genomics technologies.
Seizinger, MD, PhD, president and chief executive officer of GPC Biotech said, "We are delighted to build upon our successful collaboration with Karo Bio USA.