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Home > Company Index > Drugs > Biotechnology-Medicine > Triangle Pharmaceuticals, Inc.

Triangle Pharmaceuticals, Inc.
Nasdaq: VIRS
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 NEWS FROM THE WIRES
Triangle Pharmaceuticals reports Q2 loss, layoffs
Aug 06 2001 04:05 PM PDT

More WIRE STORIES about this company

 PROFILE
Triangle Pharmaceuticals is developing a bevy of new drug candidates, primarily antiviral therapies. Triangle's emphasis is on treating HIV, AIDS, and the hepatitis B virus using combinations of drugs, a method that shows promise in treating HIV. The development-stage firm focuses on drug development rather than the time-consuming, expensive process of drug discovery. The company has license agreements with Emory University and the University of Georgia for various drug candidates, as well as with Abbott Laboratories (which owns nearly one-fifth of the company) to produce antiviral compounds.

 COMPETITION
Agouron Pharmaceuticals, Inc. (dossier)
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Vertex Pharmaceuticals Incorporated (VRTX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7.30
1-Yr. Sales Growth: 7,200.0%
Employees: 170
Revenue per employee: $42,941.18

 KEY PEOPLE
• David W. Barry
    CEO
• Robert F. Amundsen
    CFO

 CONTACT INFO
4 University Place, 4611 University Dr.
Durham, NC 27707
US
Phone: 919-493-5980
Fax: 919-493-5925
Online: Web Site

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