Corrections or additions?
This article by Barbara Fox was prepared for the April 9, 2003 edition of U.S. 1 Newspaper. All rights reserved.
Life in the Fast Lane
Laurent Le Portz has replaced Pierre Lapalme as CEO
of EthyPharm North America and aims to transfer the headquarters of
this French firm to the United States. Lapalme had been general manager
of Rhone-Poulenc Rorer North America from before joining EthyPharm
in 1994, and he remains on the board.
Founded in 1977 and based now in St. Cloud, France, EthyPharm offers
drug delivery systems — both oral and by injection — to optimize
the delivery of active molecules into the body. It contributed technology
to a fast-dissolving form of Bristol-Myers Squibb’s Excedrin, but
it also works on prescription drugs. For instance, it is collaborating
with Johnson & Johnson on the next generation of protease inhibitors
for HIV-AIDS.
All in all, EthyPharm’s technology is used in more than 50 products
that are being sold in more than 70 countries to improve drug efficacy,
improve patient compliance and comfort, extend the life cycles of
existing pharmaceutical products, and reduce the total cost of treatment.
Le Portz, 36, has been with Ethypharm North America for two years
as COO and CFO. Born in Versailles, where his father worked in the
aircraft industry and his mother was a social worker, Le Portz is
an alumnus of Ecole Polytechnique and has a Harvard MBA. He worked
as a financial analyst with Goldman Sachs and with Apax Partners in
Paris and New York.
When Apax and Lazard Freres financed a biotech start-up, Mojave Therapeutics,
in Tarrytown, New York, he was Mojave’s CFO.
EthyPharm wants to become a U.S. company, as opposed to a European
company,” says Le Portz, “so my first step is to grow the North
American headquarters.” Right now, there are only three people
on Alexander Road and the research laboratories are in Montreal, because
it is easier to bring French scientists to Quebec than to the United
States.
To transfer the company to North America, two of the EthyPharm founders
have set up Biovail Corporation, which is now EthyPharm’s North American
partner. Biovail has acquired 15 percent of EthyPharm and the two
companies have a technology cross-license agreement. Biovail is paying
$61 million to EthyPharm to develop six products.
EthyPharm, 821 Alexander Road, Suite 130, Princeton08540. Laurent Le Portz, CEO. 609-919-9773; fax, 609-919-9766. Homepage: www.ethypharm.comTop Of PageManagement MoveSrdjan “Serge” Loncar left the BeMusic unitof Bertelsmann AG to be director of business development at SongbirdHearing. He is a graduate of the University of Belgrade and has anMBA from New York University’s Stern School of Business. He has alsoworked at Johnson & Johnson, CDNow.com, Gillette, and Pepsi. The companymanufactures disposable hearing aids with technology licensed fromSarnoff Corporation.Songbird Hearing Inc., 5 Cedar Brook Drive, CedarBrook Corporate Center, Cranbury 08512. Tom Gardner, president andCEO. 609-409-4500; fax, 609-409-4510. Home page: www.songbirdhearing.comTop Of PageExpansionsFXO Inc., 501 Forrestal Road, Suite 210, Princeton08540. Fran O’Connell, professional engineer. 609-799-6450; fax, 609-799-6451.Home page: www.fxoinc.comTwo former Lockheed employees working in spacecraft moved from homeoffices in January to laboratories on the Forrestal Campus. They providespacecraft reliability test equipment support.Top Of PageCrosstown MovesAXA Advisors LLC (AXA), 214 Carnegie Center, Suite110, Princeton 08540. Michael A. Cano, vice president. 609-514-4712;fax, 609-514-4739. Home page: www.michael.cano.myaxa-advisors.comThe Franklin Corner Road office of AXA Advisors is moving to the CarnegieCenter. It offers asset management and financial and estate planningto individuals and business through customized strategies.Barnaba & Marconi LLP, 315 Lowell Avenue, HamiltonTownship 08619. Dennis M. Marconi Esq., partner. 609-584-1444; fax,609-584-1555.The civil trial attorneys moved from Whitehorse-Mercerville Road toa Lowell Avenue address in Hamilton. The practice focuses on personalinjury, municipal court, and real estate, and it also has an officein Cherry Hill.Volkswagen of America Inc., 47 Station Road, Cranbury08512. 609-395-2000; fax, 609-395-2030.Volkswagen’s New Jersey parts distribution center has moved from 1Commerce Drive to 47 Station Road, off Route 130 North.Young Medical Communications Group Inc., 109 SouthMain Street, Cranbury 08512. George R. Young, president. 609-371-5085;fax, 609-371-5086.This medical publisher moved from Route 130 in Dayton to South MainStreet in Cranbury. Among its journals are Nurse Practitioner WorldNews and American Journal for Nurse Practitioners.vFinance Investments Inc., 116 Village Boulevard,Suite 200, Princeton 08540. Dennis Tanner. 609-951-2225; fax, 609-951-2203.Dennis Tanner moved his office from Research Park to Forrestal Village.He is a full-service broker dealer offering portfolio management,retirement plans, education funding, tax-free income, and other investmentadvisory services.Zatuchni & Associates LLC, 2 Research Way, ThirdFloor East, Princeton 08540. David Zatuchni Esq. 609-243-0300; fax,609-243-0333.Three attorneys at this law firm moved from 205 Nassau Street to 2Research Way. Their emphasis is on corporate and labor and employmentlaw.Top Of PageDown-SizingAdexis, a division of Cranel Inc., 8999 GeminiParkway, Columbus 43240. Leo Sheridan, regional manager. 614-431-8000.Home page: www.cranel.comSalespeople at the northeast regional sales office of Cranel havemoved to offices in their homes, and the 2,500 square foot space at101 Interchange Plaza is being subleased. The privately-held systemsintegration and computer backup storage systems company is based inOhio.Dynalysis of Princeton, 18 Winfield Road, Princeton08540. H. James Herring, president. 609-924-3911; fax, 609-924-8793.Home page: www.dynalysis.comDynalysis has moved from Research Park. It works on ocean monitoringsystems — ocean circulation modeling and calculation of oceancurrents for future years.Elan Pharmaceutical (ELAN), 1 Research Way, PrincetonForrestal Center, Princeton 08540-6619. David Lundy, general manager.609-580-3300; fax, 609-580-3291. Home page: www.elan.comThis company downsized last year from 130 to 50 people and it vacatedspace on College Road on March 9. Founded as the Liposome Companyin 1981, it develops advanced liposomal drugs for the treatment ofcancer and infectious diseases.Glen Roc Travel, 1 Bedford Drive, Trenton 08628.Anthony V. Gambino, president. 609-883-1370; fax, 609-883-6275.Anthony and Delores Gambino have moved their travel office at 194Scotch Road to their home, where they will continue to serve theircurrent customers as they ease into retirement. They will focus oncruises, tours, and packages, but will not regularly do airline orAmtrak ticketing.Guthrie & Company, 65 South Main Street, BuildingA, Pennington 08534. John Guthrie, president. 609-818-0073; fax, 609-818-0074.The brand evaluation consultant has moved from 714 South Clinton Avenueto an office in Pennington. To his services he has added quantitativeadvertising research in Europe, Asia, and the United States, and hehas five key partners in a star alliance that includes United Airlines.”The partners are independent and work through me,” says Guthrie.Obik LLC, 4428 B Route 27 North, Box 288, Princeton08542-0288. David Collins, founder and CEO. 888-887-6245; fax, 609-683-5228.Home page: www.obik.comThree divisions of Obik, a firm that customizes academic and careerplanning solutions have been sold, says David Collins, founder andCEO. “The original Obik career services for individuals are beingtransitioned to a new non-profit, and this transaction will be completedin the next 90 days,” says Collins. “2002 proved an overchallengingyear, but many people in the core still care for the mission and weawait the change of venue.”The education division went to a group called Educational GuidanceSolutions; the organization group went to TAI, Inc.; and the marketingintelligence division went to Carnegie Center-based SimStar InternetSolutions.Top Of PageName ChangesAegis Lending, 2271 Route 33, Golden Crest CorporateCenter, Suite 105, Trenton 08690. Scott, branch manager. 800-457-6066;fax, 800-457-8185.Conseco, a financial services firm specializing in residential mortgages,sold several of its branch offices, including this Lawrence location,to Aegis. Scott Bernstein, branch manager, says Aegis deals in sub-primeresidential mortgages of up to $750,000. There are nine employeesin the office, and they have been busy in this low interest environment,he says. Conseco had maintained an office at this address for sixyears.Alignment Advantage, 51 Everett Drive, Suite 103B,Box 386, Princeton Junction 08550-0386. Anne Pauker, president. 609-799-5005;fax, 609-799-8555. Home page: paukergroup.comFormerly called the Pauker Group, then called Alignment Advantage,this company has moved in with Cognetics, which now does businessalignment as well as user center design. “Business alignment is oneof the top concerns of CIOs. Rather than being ancillary it shouldbe integrated into the business, and IT now has the opportunity todo it,” says Anne PaukerEADS Telecom, 993 Lenox Drive, Suite 200, Lawrenceville08648. Jim Sapp, account manager. 609-844-7575; fax, 609-844-7637.Home page: www.eadstelecom.comFormerly called Intecom, the company is now EADS Telecom, North America.Based in Dallas, it sells data-based telecommunications, call centerequipment, and services.Emtech Inc., 817 Eastgate Drive, Mt. Laurel 08054.John Howlett, CEO. 856-235-2121; fax, 856-235-1666. Home page:www.emtecinc.comAcentra, formerly known as Atlanticom Technologies, has been boughtby Emtech and has moved from 572 Whitehead Road to Mt. Laurel. JoeGarofalo, former president of Atlanticom, is still with the firm.Acentra offered work on computer systems, networking, document managementsystems, telephone systems, and dictation systems.TAC Worldwide Companies, 116 Village Boulevard,Suite 200, Princeton Forrestal Village, Princeton 08540. Drew Preston,branch manager. 609-734-4315; fax, 609-734-4317. Home page: www.tacworldwide.comEDP Contract Services had been a division of TAC Worldwide. Now thereare no divisions with individual names. Based in Massachusetts, itdoes contract service placement.Washington Park Development, 14 Washington Road,Building 6, Suite 621, Princeton Junction 08550. Briege Walker, propertymanager. 609-799-8585; fax, 609-799-8804.Formerly known as Princeton Junction Associates, the owners of theoffices at 14 Washington Road are now known as Washington Park Development.Manhattan-based Cooper Square Realty is one of the owners. BriegeWalker, the manager of the 93,000 square feet of office space, hasa new suite and fax number, but the phone is the same.Top Of PageContracts AwardedITXC Corp. (ITXC), 750 College Road East, Princeton08540. Tom Evslin, chairman and CEO. 609-750-3333; fax, 609-419-1511.Home page: www.itxc.comOn April 2, the fifth anniversary of starting network service, ITXCannounced it had delivered more that 6.5 billion minutes of voiceservice to carrier customers around the world. It is carrying an additionalbillion minutes of traffic approximately every 100 days over ITXC’sglobal voice services network built over the Internet and spanningover 175 countries. Overall ITXC carries nearly 20 percent of theworld’s international Voice Over IP minutes.Top Of PageConsolidationCreative Direct @ Princeton Partners, 100 VillageBoulevard, Suite 200, Forrestal Village, Princeton 08540. Larry Trink,president. 609-452-8500; fax, 609-452-7212. Home page: www.princetonpartners.com/directLarry Trink has moved his firm, Creative Direct, into the ForrestalVillage offices of Princeton Partners. Doing direct mail, E-mail,advertising, lead generation, and customer relationship marketing,his independent agency operates as the direct marketing arm of PrincetonPartners.Keane Care Computer Systems, 36 Washington Road,Princeton Junction 08550. 609-750-5260; fax, 609-750-5287.Keane Care Computer Systems moved from 125 Village Boulevard to 36Washington Road, Princeton Junction, in with the former CyLogix, whichis now also owned by Keane.This part of Keane does sales, installation, and training for proprietarysoftware for nursing homes. The headquarters is in Boston at 617-241-9200.Top Of PageLeaving TownB&R Industrial Automation Corp., 1325 North MeadowDrive, Suite 130, Roswell GA 30076. Peter Mathe, sales manager. 609-395-9912.Home page: www.br-automation.comB&R closed its 7 Centre Drive office and calls are being taken atits headquarters in Roswell, Georgia, though the New Jersey phonenumbers still work. The firm sells operator panels, PLCs, and industrialcomputers.Buckman Architecture Group, 725 Federal Avenue,Kenilworth 07033. David W. Buckman. 908-241-3457; fax, 908-241-3459.David W. Buckman moved his commercial architecture practice, formerlycalled Silverstein Buckman Architects, from Georges Road in NorthBrunswick to Kenilworth. Phone and fax are new.Caregivers Maid in Heaven Inc., 289 Montgomery Avenue, BalaCynwyd 19004. 888-999-2644; fax, 609-730-1005. Home page: www.cmihinc.comThe placement service for nannies, housekeepers, and companions hasmoved from 2 South Main Street in Pennington to Bala Cynwyd, Pennsylvaniaand has a new phone and fax.Top Of PageDeathsAngus L. McBryde Jr., 63, on March 23. He was a memberof the national executive staff of the Boy Scouts of America.Theresa Vogt, 64, on March 27. She worked in real estatefor Century 21 and Weidel.Winifred B. Evans, 74, on March 30. She was a teacherat the Lawrenceville School. A memorial service is Saturday, April12, at 11 a.m. at All Saints’ Episcopal Church, Princeton.Elaine J. Halberstadt, 75, on March 31. She was the officemanager at Halberstadt Financial Consultants on North Tulane Street.Loretta Fischer, 67, on April 1. She had worked at Kepner-Tregoeoff of Route 518.Thomas A. Gilligo, 56, on April 2 due to automobile injuries.An electrical engineer, he co-owned Kelter & Gilligo Consulting Engineeringat 14 Washington Road.Deacon Joseph A. Glukowsky, 67, on April 2. He was qualitycontrol manager at McLean Engineering Lab in RobbinsvillNext StoryCorrections or additions?This page is published by PrincetonInfo.com— the web site for U.S. 1 Newspaper in Princeton, New Jersey.
