>>WASHINGTON -(Dow Jones)- Millennium Pharmaceuticals (NasdaqNM: MLNM - news) Inc. (MLNM) director Ernest Mario purchased 50,000 shares>>
That is a nice story. He bought shares for about a million dollar from the market. Instead of waiting for his options. So, who is the guy and does he know what he is doing? Judging from the information at Millennium's website my guess is that he knows quite a lot.
Ernest Mario, Ph.D., Co-Chairman and Chief Executive Officer of ALZA Corporation
Dr. Mario, Ph.D. has served as a director of COR Therapeutics, Inc. since September 1995. He served as co-chairman and chief executive officer of ALZA Corporation from July 1993 to November 1997 at which time he was appointed chairman and chief executive officer of ALZA. From 1989 to 1993, Dr. Mario was deputy chairman and chief executive officer of Glaxo Holdings plc, a pharmaceutical company, in London. Prior to 1989, he served as chief executive officer of Glaxo, Inc., a pharmaceutical company, in the United States. Dr. Mario is also a director of Catalytica Energy Systems, Inc., Cepheid, Inc., Orchid Biosciences, Inc., Pharmaceutical Product Development, Inc., and SonoSite, Inc. |
