Breaking News

PDL BioPharma Appoints Senior Advisor

By Kristin Brooks | February 14, 2014

Hoffman brings more than 25 years of experience

PDL BioPharma, Inc. has retained Stephen J. Hoffman, M.D., Ph.D. as senior advisor to the company. PDL aims to acquire income-generating assets to grow shareholder value. Dr. Hoffman brings more than 25 years of experience in pharma and biopharma investing and leadership.
Dr. Hoffman was most recently a managing director at Palo Alto-based venture capital firm, Skyline Ventures. Prior to Skyline, he was a general partner of TVM Capital. Dr. Hoffman was also the founding president, chief executive officer, and director of Allos Therapeutics, Inc., where he served as chairman until 2012.
"Steve is an excellent addition to our team. His experiences, from running Allos Therapeutics to his many years of investing in biotech, will provide PDL with additional strength in our asset acquisition program, both in terms of breadth of knowledge and his network of industry contacts in biotech and pharma," said John P. McLaughlin, president and chief executive officer of PDL. "To date, in our asset acquisition program, we have deployed almost $500 million, $368 million of which was in 2013. Our primary focus is to bring in additional assets that will allow us to extend our ability to pay dividends to our shareholders."
  • Packaging Equipment Technology Preview

    Packaging Equipment Technology Preview

    February 15, 2017
    Today’s complex drug products present challenges; the latest equipment capabilities help overcome them

  • The Good, the Bad, and the Donald

    The Good, the Bad, and the Donald

    January 31, 2017
    Orphan drugs, CMO continuous manufacturing and developing world sales offer biggest revenue opportunities

  • Predictive Analytics and the Future of RBM

    Rajneesh Patil, Senior Director, RBM and Analytics, QuintilesIMS||January 23, 2017
    How advances in Risk-Based Monitoring will enable a more proactive approach to identify and mitigate potential risks