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.
08540. Laurent Le Portz, CEO. 609-919-9773; fax, 609-919-9766. Home
page: www.ethypharm.com
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Management Move
Srdjan "Serge" Loncar left the BeMusic unit
of Bertelsmann AG to be director of business development at Songbird
Hearing. He is a graduate of the University of Belgrade and has an
MBA from New York University’s Stern School of Business. He has also
worked at Johnson & Johnson, CDNow.com, Gillette, and Pepsi. The company
manufactures disposable hearing aids with technology licensed from
Sarnoff Corporation.
Brook Corporate Center, Cranbury 08512. Tom Gardner, president and
CEO. 609-409-4500; fax, 609-409-4510. Home page: www.songbirdhearing.com
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Expansions
08540. Fran O’Connell, professional engineer. 609-799-6450; fax, 609-799-6451.
Home page: www.fxoinc.com
Two former Lockheed employees working in spacecraft moved from home
offices in January to laboratories on the Forrestal Campus. They provide
spacecraft reliability test equipment support.
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Crosstown Moves
110, Princeton 08540. Michael A. Cano, vice president. 609-514-4712;
fax, 609-514-4739. Home page: www.michael.cano.myaxa-advisors.com
The Franklin Corner Road office of AXA Advisors is moving to the Carnegie
Center. It offers asset management and financial and estate planning
to individuals and business through customized strategies.
Township 08619. Dennis M. Marconi Esq., partner. 609-584-1444; fax,
609-584-1555.
The civil trial attorneys moved from Whitehorse-Mercerville Road to
a Lowell Avenue address in Hamilton. The practice focuses on personal
injury, municipal court, and real estate, and it also has an office
in Cherry Hill.
08512. 609-395-2000; fax, 609-395-2030.
Volkswagen’s New Jersey parts distribution center has moved from 1
Commerce Drive to 47 Station Road, off Route 130 North.
Main 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 Main
Street in Cranbury. Among its journals are Nurse Practitioner World
News and American Journal for Nurse Practitioners.
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 investment
advisory services.
Floor 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 2
Research Way. Their emphasis is on corporate and labor and employment
law.
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Down-Sizing
Parkway, Columbus 43240. Leo Sheridan, regional manager. 614-431-8000.
Home page: www.cranel.com
Salespeople at the northeast regional sales office of Cranel have
moved to offices in their homes, and the 2,500 square foot space at
101 Interchange Plaza is being subleased. The privately-held systems
integration and computer backup storage systems company is based in
Ohio.
08540. H. James Herring, president. 609-924-3911; fax, 609-924-8793.
Home page: www.dynalysis.com
Dynalysis has moved from Research Park. It works on ocean monitoring
systems — ocean circulation modeling and calculation of ocean
currents for future years.
Forrestal Center, Princeton 08540-6619. David Lundy, general manager.
609-580-3300; fax, 609-580-3291. Home page: www.elan.com
This company downsized last year from 130 to 50 people and it vacated
space on College Road on March 9. Founded as the Liposome Company
in 1981, it develops advanced liposomal drugs for the treatment of
cancer and infectious diseases.
Anthony V. Gambino, president. 609-883-1370; fax, 609-883-6275.
Anthony and Delores Gambino have moved their travel office at 194
Scotch Road to their home, where they will continue to serve their
current customers as they ease into retirement. They will focus on
cruises, tours, and packages, but will not regularly do airline or
Amtrak ticketing.
A, Pennington 08534. John Guthrie, president. 609-818-0073; fax, 609-818-0074.
The brand evaluation consultant has moved from 714 South Clinton Avenue
to an office in Pennington. To his services he has added quantitative
advertising research in Europe, Asia, and the United States, and he
has five key partners in a star alliance that includes United Airlines.
"The partners are independent and work through me," says Guthrie.
08542-0288. David Collins, founder and CEO. 888-887-6245; fax, 609-683-5228.
Home page: www.obik.com
Three divisions of Obik, a firm that customizes academic and career
planning solutions have been sold, says David Collins, founder and
CEO. "The original Obik career services for individuals are being
transitioned to a new non-profit, and this transaction will be completed
in the next 90 days," says Collins. "2002 proved an overchallenging
year, but many people in the core still care for the mission and we
await the change of venue."
The education division went to a group called Educational Guidance
Solutions; the organization group went to TAI, Inc.; and the marketing
intelligence division went to Carnegie Center-based SimStar Internet
Solutions.
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Name Changes
Center, 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-prime
residential mortgages of up to $750,000. There are nine employees
in the office, and they have been busy in this low interest environment,
he says. Conseco had maintained an office at this address for six
years.
Box 386, Princeton Junction 08550-0386. Anne Pauker, president. 609-799-5005;
fax, 609-799-8555. Home page: paukergroup.com
Formerly called the Pauker Group, then called Alignment Advantage,
this company has moved in with Cognetics, which now does business
alignment as well as user center design. "Business alignment is one
of the top concerns of CIOs. Rather than being ancillary it should
be integrated into the business, and IT now has the opportunity to
do it," says Anne Pauker
08648. Jim Sapp, account manager. 609-844-7575; fax, 609-844-7637.
Home page: www.eadstelecom.com
Formerly called Intecom, the company is now EADS Telecom, North America.
Based in Dallas, it sells data-based telecommunications, call center
equipment, and services.
John Howlett, CEO. 856-235-2121; fax, 856-235-1666. Home page:
Acentra, formerly known as Atlanticom Technologies, has been bought
by Emtech and has moved from 572 Whitehead Road to Mt. Laurel. Joe
Garofalo, former president of Atlanticom, is still with the firm.
Acentra offered work on computer systems, networking, document management
systems, telephone systems, and dictation systems.
Suite 200, Princeton Forrestal Village, Princeton 08540. Drew Preston,
branch manager. 609-734-4315; fax, 609-734-4317. Home page: www.tacworldwide.com
EDP Contract Services had been a division of TAC Worldwide. Now there
are no divisions with individual names. Based in Massachusetts, it
does contract service placement.
Building 6, Suite 621, Princeton Junction 08550. Briege Walker, property
manager. 609-799-8585; fax, 609-799-8804.
Formerly known as Princeton Junction Associates, the owners of the
offices at 14 Washington Road are now known as Washington Park Development.
Manhattan-based Cooper Square Realty is one of the owners. Briege
Walker, the manager of the 93,000 square feet of office space, has
a new suite and fax number, but the phone is the same.
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Contracts Awarded
08540. Tom Evslin, chairman and CEO. 609-750-3333; fax, 609-419-1511.
Home page: www.itxc.com
On April 2, the fifth anniversary of starting network service, ITXC
announced it had delivered more that 6.5 billion minutes of voice
service to carrier customers around the world. It is carrying an additional
billion minutes of traffic approximately every 100 days over ITXC’s
global voice services network built over the Internet and spanning
over 175 countries. Overall ITXC carries nearly 20 percent of the
world’s international Voice Over IP minutes.
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Consolidation
Boulevard, Suite 200, Forrestal Village, Princeton 08540. Larry Trink,
president. 609-452-8500; fax, 609-452-7212. Home page: www.princetonpartners.com/direct
Larry Trink has moved his firm, Creative Direct, into the Forrestal
Village 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 Princeton
Partners.
Princeton Junction 08550. 609-750-5260; fax, 609-750-5287.
Keane Care Computer Systems moved from 125 Village Boulevard to 36
Washington Road, Princeton Junction, in with the former CyLogix, which
is now also owned by Keane.
This part of Keane does sales, installation, and training for proprietary
software for nursing homes. The headquarters is in Boston at 617-241-9200.
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Leaving Town
Drive, Suite 130, Roswell GA 30076. Peter Mathe, sales manager. 609-395-9912.
Home page: www.br-automation.com
B&R closed its 7 Centre Drive office and calls are being taken at
its headquarters in Roswell, Georgia, though the New Jersey phone
numbers still work. The firm sells operator panels, PLCs, and industrial
computers.
Kenilworth 07033. David W. Buckman. 908-241-3457; fax, 908-241-3459.
David W. Buckman moved his commercial architecture practice, formerly
called Silverstein Buckman Architects, from Georges Road in North
Brunswick to Kenilworth. Phone and fax are new.
Caregivers Maid in Heaven Inc., 289 Montgomery Avenue, Bala
Cynwyd 19004. 888-999-2644; fax, 609-730-1005. Home page: www.cmihinc.com
The placement service for nannies, housekeepers, and companions has
moved from 2 South Main Street in Pennington to Bala Cynwyd, Pennsylvania
and has a new phone and fax.
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Deaths
of the national executive staff of the Boy Scouts of America.
for Century 21 and Weidel.
at the Lawrenceville School. A memorial service is Saturday, April
12, at 11 a.m. at All Saints’ Episcopal Church, Princeton.
manager at Halberstadt Financial Consultants on North Tulane Street.
off of Route 518.
An electrical engineer, he co-owned Kelter & Gilligo Consulting Engineering
at 14 Washington Road.
control manager at McLean Engineering Lab in Robbinsvill
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