This website uses cookies to ensure you have the best experience. Learn more

Management Paper

3151 words - 13 pages

EntreMedExecutive Summary1.1 History and BackgroundEntreMed, Inc., Maryland founded in 1991 and publicly-traded since 1996 (NASDAQ: ENMD) a clinical-stage biopharmaceutical company developing therapeutics that "act on multiple cellular pathways involved in processes such as abnormal blood vessel growth, inflammation, coagulation, and programmed cell death"(entremed.com) Through a combination of both foresight and fortuity, EntreMed, in 1993, initiated its collaboration with Dr. Judah Folkman, the father of angiogenesis, who, more than 30 years ago, discovered that tumors were unable to thrive without networks of new blood vessels to feed them. The company's clinical drug candidates, led by the small molecule Panzem, have shown a strong safety profile with neither toxicity nor clinically significant side effects reported. The main focus of EntreMed's drug pipeline is small molecules and peptides.Since the company's inception in September 1991, they have devoted almost all of its efforts and resources to conducting research and development. Through December 31, 2002, all of its revenues have been generated from license fees, research and development funding, royalty payments, the sale of royalty rights, and certain research grants. EntreMed have not generated any revenue from direct product sales, and the management anticipates that this situation will change in the upcoming years because the company has nine product candidates in development and three product candidates in human clinical trials.1.2 Industry and CompetitorsEntreMed operates in a very challenging, but also rewarding industry, biotechnology industry. Nearly 20 percent of the 320 US publicly traded biotech companies underwent restructuring in 2002 and more than 80 percent of those restructured companies were forced to cut programs and lay of employees. On a global basis, the net loss of the biotechnology industry increased roughly $5.7 billion to $12.4 billion as the number of public companies decreased 3 percent in 2002.The past year was one of challenge for the biotechnology industry in general and EntreMed in particular. A recession in market value and tight capital market forced the company's management to review each and every piece of the business. One of the most important decisions that the company's management implemented was concentrating all of its efforts to the most economically feasible pipeline candidates: the small molecules and peptides, led by Panzem, and limiting or even ending other programs, including proteins Endostatin and Angiostatin.There is a lot of competition in the biotechnology industry. EntreMed is one of several hundred in the field of biotechnology. The direct competition that EntreMed faces is the biotechnological companies that are also specialize in the oncology and developing cures for cancer that include Amgen, Affymax, Onyvax , Angiotech Pharmaceuticals, Antigenics, ImClone Systems, etc. The indirect competition includes the bigger players in the...

Find Another Essay On Management paper

Management Planning Paper

1209 words - 5 pages develop new products, based on their strengths, and search for areas where the company has potential growth opportunities.Management Planning PaperNo matter the size of an organization, effective planning must be completed to ensure that all objectives are addressed. With any organization management planning is very important to the company's success. This paper will discuss the planning functions of management while looking at World Com. The four

Management Planning Paper

1258 words - 5 pages important because all other functions of management stem from the planning function. Managers can organize, lead and control only if the function of planning is properly conducted and managed by the organization. This paper will discuss in detail the planning function of management. The integration and differences at various levels of management will be covered. A real-life example of a legal issue will be addressed. This will include what happens

Management Planning Paper

1619 words - 6 pages Management Planning Paper Angelia Renee Cady MGT / 330 December 17, 2012 Rickey King Management Planning Paper 1 Management Planning Paper 8 Management Planning Paper Boeing is an aerospace company that is considered as decades ahead of its time. Boeing is one of the world's leading designer

Management and Leadership Paper

1080 words - 4 pages Management and Leadership PaperBeing a leader is not necessarily being a manager and being a manager is not always being a leader. Being able to distinguish the differences between a leader and manager is not always simple. Today's demanding business unquestionably adds to the level of difficulty in determining, who is what. This paper will be illustrating the differences that separate a leader from a manager and vise versa. This paper will also

Functions of Management Paper

830 words - 3 pages The purpose of this paper is to define the four functions of management: planning, organizing, leading, and controlling and to explain how each function relates to your own organization. The organization I belong too is a oil and natural gas producing company.The fundamentals of management have been around since around 1100 B.C when the Chinese founded the four functions of management: planning, organizing, leading, and controlling (Bateman T

Management Planning Paper - 828 words

828 words - 3 pages , organizing, leading, and controlling. The nature and work of management involves effectively applying these four functions to achieve organizational success. The purpose of this paper is to explain the four functions of management and describe how each function is related to my own organization.Planning is the first function; the purpose of a plan is to address a current problem or pursue a development goal. There are various phases of planning

Delegation of Management Paper

1350 words - 5 pages of management. The combination of delegation skills and the four functions of management are used in the author's organization. The purpose of this paper is to inform the reader of how the author's manager delegates, how he could delegate more effectively, and the author informs on delegation skills.References:Bateman, T., & Snell, S. (2004). Management: The New Competitive LandscapeThe McGraw-Hill CompaniesChapman, A. (1995-2000). Delegation. Delegating authority skills, tasks and the process of effective delegation Retrieved February 4, 2006 from Businessballs.com/delegation.htmWebster, M. (2004). (6th.ed). Springfield, MA: Merriam-Webster Inc.

Management and Leadership Paper

1646 words - 7 pages with their assigned staff. The lack of communication skills can hinder a manager from conveying ideas and key points which can lead to stress and or frustration. In this paper I will discuss the roles and responsibilities of leaders in creating and maintaining a healthy organizational culture, differentiate between management and leadership, describe the roles that organizational managers and leaders play in creating and maintaining a healthy

Management and Leadership Paper

723 words - 3 pages AbstractThis paper will explain the difference between management and leadership. Management and leadership are both equally important to any organization in being or staying successful. An organization needs to have the two different types of individuals.Management and Leadership PaperThe term management characterizes the process of and/or the personnel leading and directing all or part of an organization through the deployment and manipulation

Management and Leadership Paper - 1125 words

1125 words - 5 pages be interchangeably, but there is a huge difference between a manager and a leader. In this paper, I will differentiate between management and leadership. I will examine the role and responsibilities of leaders in creating and maintaining a healthy organizational culture. I will make two recommendations to create and maintain a healthy organizational culture followed with a couple of examples to support my recommendation.Management is defined as

Management and Leadership Paper - 1218 words

1218 words - 5 pages The purpose of this paper is to differentiate between management and leadership. I will examine the role and responsibilities of leaders in creating and maintaining a healthy organizational culture. We will take a brief look at the collapse of Enron due to their leadership values.IntroductionNow more than ever, with today's challenging business world, the workplace demands faster results and fewer people. In order to stay competitive

Similar Essays

Project Management Paper

1099 words - 4 pages Running head: Project Management Paper PAGE 1 Project Management Paper PAGE 6 Project Management PaperMGT/437March 22, 2010Patricia DuesProject Management PaperA project can be a wide variety of activities. According to Kerzner, 2006, a project can be considered to be any series of activities and tasks that have a specific objective to be completed within certain specifications, has defined start and end dates, has funding limits (if

Strategic Management Paper

947 words - 4 pages Strategic Management PAGE \* MERGEFORMAT 4 Running head: STRATEGIC MANAGEMENTStrategic ManagementTifany SneadUniversity of PhoenixHuman Resources: Principals and Practices in Health CareHCS/427Tracie MileskiMarch 14, 2010Strategic ManagementThe role of a Human Resources Manager varies from organization to organization. This paper will explain a few of the constant roles and responsibilities of the Human Resources Manager. First, this paper

Total Quality Management Paper

874 words - 3 pages Total Quality Management PAGE 1 Total Quality ManagementA paper submitted in the course ofQuality Management and Productivity MGT/449Total Quality ManagementTotal Quality Management, TQM, is a method by which management and employees participate in a continuous improvement process, products, and services. Total Quality Management is a step towards improving overall quality performance in a company. It is a combination of quality and management

Project Management Paper

1009 words - 4 pages . Business managers over the last couple of years have had to initiate programs and projects to help their organizations run, as organizations that have laid off employees have been forced to produce their normal output with less manpower. Businesses have experience this predicament understand the importance of project management, so this paper will give a brief explanation of what a project is, the phase of project life cycles and the importance of