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  September 5, 2001
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Home > Company Index > Drugs > Drug Manufacturers - Other > Pain Therapeutics, Inc.

Pain Therapeutics, Inc.
Nasdaq: PTIE
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 PROFILE
Pain Therapeutics is providing opiates for the masses. The development-stage company is creating less addictive painkillers by combining an opioid (such as morphine) with an opioid antagonist (such as naloxone), thus improving the drug's performance and decreasing its side effects. Pain Therapeutics has five drugs in clinical trials that could treat everything from severe cancer pain to the chronic pain associated with arthritis. Because the drug candidates contain FDA-approved components, the firm hopes for quicker approval. Founder and CEO Remi Barbier owns more than 30% of the company; other investors include Bill Gates, TVM Techno Venture Management, and Sanford Robertson, founder of Robertson Stephens.

 COMPETITION
Abbott Laboratories (ABT)
Johnson & Johnson (JNJ)
Knoll GmbH (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.10
Employees: 26
Revenue per employee: $3,846.15

 KEY PEOPLE
• Remi Barbier
    CEO
• David L. Johnson
    CFO

 CONTACT INFO
416 Browning Way
South San Francisco, CA 94080
US
Phone: 650-624-8200
Fax: 650-624-8222

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