Alexander Weis - OncoVista Innovative Chairman

OVIT Stock  USD 0.0001  0.0001  50.00%   

Chairman

Dr. Alexander L. Weis, Ph.D., is Chairman of the Board, President, Chief Executive Officer, Chief Financial Officer, Secretary of OncoVista Innovative Therapies, Inc. Dr. Weis is the principal founder of OncoVistaSub and was its Chairman, Chief Executive Officer, and President since its inception in September 2004. Since February 2009, Dr. Weis also serves as AdnaGens Chief Executive Officer. Dr. Weis is a recognized leader and pioneer in the biotechnology and pharmaceutical industries and has led pharmaceutical companies through all stages from startup through public offerings and as a manager of a substantial public company. Prior to forming our company, from 1989 to September 2004, Dr. Weis served as President of Lipitek International, Inc., a specialty pharmaceutical company that Dr. Weis founded. Dr. Weis was a cofounder of ILEX Oncology, which became a publicly traded company in 1997 and was later acquired by Genzyme Corporation in a stock transaction valued at over 1 billion. Dr. Weis served as ILEXS Chief Scientific Officer and Executive Vice President from its founding in 1994 through 1998. Dr. Weis has worked for Vector Therapeutics, MykoBiologics, the Cancer Therapy and Research Center, Sterling Drugs, the Eastman Kodak Company and the Weizmann Institute of Science. Dr. Weis received his Ph.D. in Organic Chemistry from the Novosibirsk Institute of Organic Chemistry. Dr. Weis is a scientist and inventor, with over 60 publications and 30 patents. He is a Chartered Chemist and Fellow of the Royal Society of Chemistry, and was selected as the South Texas Entrepreneur of the Year in 1996. since 2009.
Age 73
Tenure 16 years
Phone210-677-6000
Webhttps://www.oncovista.com

OncoVista Innovative Management Efficiency

The company has return on total asset (ROA) of (23.5768) % which means that it has lost $23.5768 on every $100 spent on assets. This is way below average. OncoVista Innovative's management efficiency ratios could be used to measure how well OncoVista Innovative manages its routine affairs as well as how well it operates its assets and liabilities.
OncoVista Innovative Therapies currently holds 479.3 K in liabilities. OncoVista Innovative has a current ratio of 0.01, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist OncoVista Innovative until it has trouble settling it off, either with new capital or with free cash flow. So, OncoVista Innovative'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 OncoVista Innovative sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for OncoVista to invest in growth at high rates of return. When we think about OncoVista Innovative's use of debt, we should always consider it together with cash and equity.

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OncoVista Innovative Therapies, Inc., a biopharmaceutical company, develops targeted anticancer therapies by utilizing tumor-associated biomarkers. The company was founded in 2004 and is based in San Antonio, Texas. ONCOVISTA INNOVATIVE operates under Biotechnology classification in the United States and is traded on OTC Exchange. It employs 2 people. OncoVista Innovative Therapies [OVIT] is a Pink Sheet which is traded between brokers as part of OTC trading.

Management Performance

OncoVista Stock Performance Indicators

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Thematic Opportunities

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Additional Tools for OncoVista Pink Sheet Analysis

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