Mark Glassy - Nascent Biotech Chairman

NBIO Stock  USD 0.05  0.0004  0.74%   

Chairman

Dr. Mark Glassy serves as Chief Science Officer, Director of the Company. He is the Chairman, Chief Science Officer of Nascent Biotech and the Director and Professor at the Integrated Medical Science Association Foundation since 2014.
Age 71
Tenure 10 years
Professional MarksPh.D
Phone612 961 5656
Webhttps://www.nascentbiotech.com
Glassy has served as an officer and director of the Company since July, 2014. Prior to that, Dr. Glassy was an officer and director of Nascent Biologics, Inc. from July, 2008 until the exchange agreement with the Company. Glassy has held several uppermanagement positions in commercial biotechnology. He was cofounder and CEO of Shantha West, Inc, a subsidiary of Indiabased Shantha Biotechnics of Hyderabad, India. Shantha West resulted from a joint venture between East/West Laboratories Inc. and Shantha Biotechnics. Shantha was subsequently sold to Merieux Alliance in 2007. Prior to that, Glassy served as Vice President of Research and Development for Novopharm Biotech Inc. He has prepared and directed several FDAapproved clinical trials involving human monoclonal antibodies to cancer. Prior to Novopharm, Glassy was Director of Immunology at Brunswick Biotechnetics and Chief of the Human Antibody Program at Biotherapeutics, Inc

Nascent Biotech Management Efficiency

The company has return on total asset (ROA) of (0.885) % which means that it has lost $0.885 on every $100 spent on assets. This is way below average. Nascent Biotech's management efficiency ratios could be used to measure how well Nascent Biotech manages its routine affairs as well as how well it operates its assets and liabilities.
Nascent Biotech currently holds 64.89 K in liabilities. Nascent Biotech has a current ratio of 0.11, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Nascent Biotech until it has trouble settling it off, either with new capital or with free cash flow. So, Nascent Biotech's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nascent Biotech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nascent to invest in growth at high rates of return. When we think about Nascent Biotech's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 2 records

CHAIRMAN Age

Garo ArmenProtagenic Therapeutics
71
Eric WeisblumSilo Pharma
54
Nascent Biotech, Inc., a clinical-stage biopharmaceutical company, develops monoclonal antibodies for the treatment of various forms of cancer. In addition, the company is developing MultiPharm, a proprietary technology platform for cancer therapy, as well as diabetes, autoimmunity, and transplantation. Nascent Biotech operates under Biotechnology classification in the United States and is traded on OTC Exchange. Nascent Biotech [NBIO] is traded as part of a regulated electronic over-the-counter service offered by the NASD.

Management Performance

Nascent Biotech Leadership Team

Elected by the shareholders, the Nascent Biotech's board of directors comprises two types of representatives: Nascent Biotech inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nascent. The board's role is to monitor Nascent Biotech's management team and ensure that shareholders' interests are well served. Nascent Biotech's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nascent Biotech's outside directors are responsible for providing unbiased perspectives on the board's policies.
Lowell Holden, CFO, Chief Accounting Officer and Director
Mark Glassy, Chief Science Officer and Chairman of Scientific Advisory Board
Sean Carrick, President, Secretary and Director
Navpaul MD, Chief Consultant

Nascent Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right otc stock is not an easy task. Is Nascent Biotech a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Nascent Biotech

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Nascent Biotech position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Nascent Biotech will appreciate offsetting losses from the drop in the long position's value.

Moving against Nascent OTC Stock

  0.57NONOF Novo Nordisk ASPairCorr
  0.55NVO Novo Nordisk ASPairCorr
  0.54REGN Regeneron PharmaceuticalsPairCorr
  0.47QSAM Qsam BiosciencesPairCorr
  0.37CSLLY CSLPairCorr
The ability to find closely correlated positions to Nascent Biotech could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Nascent Biotech when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Nascent Biotech - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Nascent Biotech to buy it.
The correlation of Nascent Biotech is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Nascent Biotech moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Nascent Biotech moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Nascent Biotech can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Nascent OTC Stock

Nascent Biotech financial ratios help investors to determine whether Nascent OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Nascent with respect to the benefits of owning Nascent Biotech security.