More on Frederick Frank
Some news clippings from other companies who announced an affiliation with Frederick Frank.
I omitted the companies' names to avoid confusion as to the point of this post.
.....announced today that it has engaged Lehman Brothers Inc. to advise and assist on its strategic development, particularly with respect to the licensing of technologies and products and the establishment of partnerships with multi-national pharmaceutical companies.
Lehman Brothers Inc., headquartered in New York, is one of the world's foremost investment banks with 39 offices worldwide. Founded in 1850, Lehman Brothers is a leading underwriter of global equity and fixed-income securities and is a prominent advisor to corporations and governments around the world. Working directly with the company will be Mr. Frederick Frank, Lehman Brothers' Vice-Chairman.
.....In addition to serving on the Board of Directors of a number of healthcare corporations, Mr. Frank is Chairman of the National Genetics Foundation, a Member of the Salk Institute National Council and a Director of the Salk Institute, a Trustee of the Hotchkiss School, a Member of the Yale School of Organization and Management Advisory Board, and a Member of the Board of Governors of the National Center for Genome Resources. Mr. Frank has long-standing business relationships with the world's leading pharmaceutical companies.
.....''We are extremely pleased to have such a high caliber firm as Lehman Brothers advising us,'' said the CEO. ''Lehman's record of identifying, advising and representing quality companies has gained it the respect of multi-national pharmaceutical companies worldwide. Furthermore, Mr. Frank's access to senior management of these companies as well as his negotiation and deal structuring expertise will greatly assist in securing substantial partnership agreements.''
''This company is developing technologies and products of significant importance to global healthcare which represent numerous business opportunities. Lehman Brothers looks forward to assisting the company in realizing the full commercial potential of its technology,'' added Mr. Frank.
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From an unrelated company:
......"This is an important step towards our goal of maximizing the value of strategic partnerships currently under consideration. Lehman Brothers is respected and admired at the most senior level in healthcare companies around the world - including every senior healthcare company where our interest lies.
Their Vice-Chairman, Mr. Frederick Frank, is acknowledged as one of the most astute and innovative investment bankers in the world. Our ability to negotiate alliances that are advantageous to the Company will be enhanced considerably by this relationship with Lehman Brothers."
.........Lehman Brothers is a global investment bank with recognized leadership positions in virtually all corporate finance disciplines. Lehman Brothers services the financial needs of corporate, government and institutional clients, and high-net-worth individuals, through offices in major financial centers worldwide. |
