AMBIT BIOSCIENCES INC.
President and CEO: Alan Lewis.
Revenue: $18.1 million in 2009; $28.1 million in 2008, according to an SEC filing in February.
Net loss: $26.5 million in 2009; $9.8 million in 2008.
No. of local employees: 75.
Investors: Apposite Capital, Perseus-Soros BioPharmaceutical Fund, OrbiMed Advisors LLC, Forward Ventures and others.
Headquarters: Sorrento Valley.
Year founded: 2000.
Company description: Biotech that’s developing small-molecule, anti-cancer compounds.
Key factors for success: Pursuing clinical development of a lead drug product to treat a deadly form of leukemia found in older adults.
“In for a penny, in for a pound...