Healthcare >> CEO Interviews >> October 12, 2001

Colin Goddard – Osi Pharmaceuticals Inc (osip)

COLIN GODDARD was appointed Chairman of the Board in August 2000 and Chief Executive Officer of OSI Pharmaceuticals, Inc., in October 1998. He served as President from September 1997 to September 2000; Executive Vice President and Chief Operating Officer from September 1996 to September 1997; Vice President, Research Operations, from December 1993 to September 1996; Director, Drug Discovery, from April 1992 to April 1993; and Program Manager, Drug Discovery, from April 1991 to April 1992. Dr. Goddard joined the corporation as a scientist in January 1989. Dr. Goddard was also elected Chairman of the New York Biotechnology Association in January 2001. Dr. Goddard was instrumental in the transition of OSI from a high throughput screening/technology platform/service-based organization with a modest market cap and limited cash reserves to the fully integrated drug discovery organization it is today, well positioned and well financed for continued future growth. The transition has been accomplished through acquisitions (Aston Molecules (1996), MYCOsearch (1996), Cadus (1999)), the divestiture of the company's diagnostics unit, and public and private financing efforts and corporate deals raising over $525 million. In the early 1990s, Dr. Goddard was responsible for the development of the corporation's pioneering robotic high throughput screening operation. Before joining the corporation, Dr. Goddard spent four years at the National Cancer Institute in Bethesda, Maryland. Dr. Goddard trained as a cancer pharmacologist in Birmingham, UK, receiving his PhD from the University of Aston, Birmingham, UK, in 1985. Profile
TWST: Would you bring us up-to-date on what's taken place at OSI

Pharmaceuticals, Inc., over the past year that investors should focus

on?

Dr. Goddard: It's really been a transforming year or