Noubar Afeyan - BG Medicine Founder

BGMDDelisted Stock  USD 0.0002  0.00  0.00%   

Founder

Dr. Noubar B. Afeyan Ph.D. is an Independent Director of BG Medicine Inc. since July 25 2011. He is founder and served as the Board of Directors since inception in 2000. He has served as Managing Partner and Chief Executive Officer of Flagship Ventures an early stage VC firm since he cofounded the firm in 2000. Prior to founding Flagship Ventures in 2000 Dr. Afeyan participated in cofounding and helping launch the following ventures PerSeptive Biosystems ChemGenics Pharmaceuticals EXACT Sciences Agenus Color Kinetics and Celera Genomics. Dr. Afeyan was Chief Executive Officer of PerSeptive Biosystems during its five years as a public company and until its merger with Perkin Elmer Corporationrationration. During the past five years Dr. Afeyan has served on the board of directors of Helicos BioSciences. Additionally he currently serves as a director of the following private companies Affinnova Inc. Aero Designs BIND Therapeutics Inc. Eleven Biotherapeutics Ensemble Therapeutics Joule Unlimited Inc. LS9 Inc. Moderna Therapeutics and Pronutria. He earned his Ph.D. in biochemical engineering from the Massachusetts Institute of Technology following a B.S. in chemical engineering from McGill University. Dr. Afeyan has authored numerous scientific publications and patents and is currently a Senior Lecturer at MIT in the Sloan School of Management since 2011.
Age 52
Tenure 13 years
Phone781 890 1199
Webhttps://www.bg-medicine.com

BG Medicine Management Efficiency

The company has return on total asset (ROA) of (0.7595) % which means that it has lost $0.7595 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (9.0264) %, meaning that it created substantial loss on money invested by shareholders. BG Medicine's management efficiency ratios could be used to measure how well BG Medicine manages its routine affairs as well as how well it operates its assets and liabilities.

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BG Medicine, Inc. engages in the development and commercialization of diagnostic products used to guide the patients suffering from heart failure and related disorders in the United States. BG Medicine, Inc. was founded in 2000 and is headquartered in Waltham, Massachusetts. BG MEDICINE operates under Medical Instruments Supplies classification in the United States and is traded on PNK Exchange. It employs 5 people. BG Medicine [BGMD] is a Pink Sheet which is traded between brokers over the counter. BG Medicine is listed under Pharmaceutical Products category by Fama And French industry classification.

Management Performance

BG Medicine Leadership Team

Elected by the shareholders, the BG Medicine's board of directors comprises two types of representatives: BG Medicine inside directors who are chosen from within the company, and outside directors, selected externally and held independent of BGMD. The board's role is to monitor BG Medicine's management team and ensure that shareholders' interests are well served. BG Medicine'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, BG Medicine's outside directors are responsible for providing unbiased perspectives on the board's policies.
James Connor, Director
Harry Wilcox, Director
Stelios Papadopoulos, Independent Director
Aram Adourian, Chief Scientific Officer and Sr. VP
Stephen Hall, CFO, Principal Accounting Officer, Executive VP and Treasurer
Jeffrey Luber, Director
Paul Sohmer, President CEO, Director
Noubar Afeyan, Founder
James OConnor, Independent Director

BGMD Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is BG Medicine 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 BG Medicine

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 BG Medicine 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 BG Medicine will appreciate offsetting losses from the drop in the long position's value.

Moving against BGMD Pink Sheet

  0.58YS YS Biopharma Report 22nd of April 2024 PairCorr
The ability to find closely correlated positions to BG Medicine could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BG Medicine 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 BG Medicine - 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 BG Medicine to buy it.
The correlation of BG Medicine 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 BG Medicine moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BG Medicine 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 BG Medicine 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
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Other Consideration for investing in BGMD Pink Sheet

If you are still planning to invest in BG Medicine check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the BG Medicine's history and understand the potential risks before investing.
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