Jean-Pierre  Sommadossi net worth and biography

Jean-Pierre Sommadossi Biography and Net Worth

Jean-Pierre has over 30 years of scientific, operational, strategic and management experience in the biotech industry. Previously Jean-Pierre was the Principal Founder of Idenix Pharmaceuticals, Inc. (NASDAQ: IDIX) and a Co-Founder of Pharmasset, Inc. (NASDAQ: VRUS). Both of these companies were acquired; Idenix by Merck for $3.85 billion in 2014 and Pharmasset by Gilead for $11 billion in 2012. Jean-Pierre held a number of key executive positions at Idenix, including Chairman of the Board of Directors, Executive President and Chief Scientific Officer from 1998 to 2000, and then as Chairman and Chief Executive Officer from 2000 to 2010. Under his leadership, Idenix entered into multiple strategic collaborations, including those with Sumitomo and GlaxoSmithKline (GSK) as well as a landmark biotech-pharma transaction with Novartis Pharma AG in 2003. During Jean-Pierre’s tenure, Idenix discovered, co-developed and co-launched telbuvidine (Tyzeka™/Sebivo®) for the treatment of hepatitis B, and established a major clinical pipeline of antiviral therapeutics for the treatment of hepatitis C and HIV/AIDS.

Jean-Pierre is Chairman of PegaOne, Chairman of Panchrest, Inc., and a member of the Board of The BioExec Institute, as well.

Prior to his entrepreneurial career, Jean-Pierre was on the faculty of the University of Alabama at Birmingham School of Medicine since March 1985. Jean-Pierre served as a Professor of Pharmacology, Toxicology and Clinical Pharmacology from June 1992 to November 2000. He has authored over 180 peer-reviewed publications and holds more than 60 U.S. patents associated with cancer and antiviral therapeutics.

Jean-Pierre holds a PharmD and PhD in Pharmacology from the University of Marseilles, France and was a post-doctoral Fogarty fellow at the National Cancer Institute and the Medical College of Virginia, and is a recipient of a Faculty Award from The American Cancer Society.

What is Jean-Pierre Sommadossi's net worth?

The estimated net worth of Jean-Pierre Sommadossi is at least $18.13 million as of September 19th, 2024. Sommadossi owns 5,866,025 shares of Atea Pharmaceuticals stock worth more than $18,126,017 as of December 5th. This net worth approximation does not reflect any other assets that Sommadossi may own. Additionally, Sommadossi receives a salary of $1,040,000.00 as CEO at Atea Pharmaceuticals. Learn More about Jean-Pierre Sommadossi's net worth.

How old is Jean-Pierre Sommadossi?

Sommadossi is currently 68 years old. There are 5 older executives and no younger executives at Atea Pharmaceuticals. Learn More on Jean-Pierre Sommadossi's age.

What is Jean-Pierre Sommadossi's salary?

As the CEO of Atea Pharmaceuticals, Inc., Sommadossi earns $1,040,000.00 per year. Learn More on Jean-Pierre Sommadossi's salary.

How do I contact Jean-Pierre Sommadossi?

The corporate mailing address for Sommadossi and other Atea Pharmaceuticals executives is , , . Atea Pharmaceuticals can also be reached via phone at 857-284-8891 and via email at [email protected]. Learn More on Jean-Pierre Sommadossi's contact information.

Has Jean-Pierre Sommadossi been buying or selling shares of Atea Pharmaceuticals?

Jean-Pierre Sommadossi has not been actively trading shares of Atea Pharmaceuticals during the last ninety days. Most recently, Jean-Pierre Sommadossi sold 1,841 shares of the business's stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $4.00, for a transaction totalling $7,364.00. Following the completion of the sale, the chief executive officer now directly owns 5,866,025 shares of the company's stock, valued at $23,464,100. Learn More on Jean-Pierre Sommadossi's trading history.

Who are Atea Pharmaceuticals' active insiders?

Atea Pharmaceuticals' insider roster includes Franklin Berger (Director), Andrea Corcoran (Insider), Wayne Foster (CAO), Polly Murphy (Director), Bruce Polsky (Director), and Jean-Pierre Sommadossi (CEO). Learn More on Atea Pharmaceuticals' active insiders.

Are insiders buying or selling shares of Atea Pharmaceuticals?

During the last twelve months, insiders at the sold shares 1 times. They sold a total of 359,606 shares worth more than $1,024,877.10. The most recent insider tranaction occured on December, 10th when Director Franklin M Berger sold 359,606 shares worth more than $1,024,877.10. Insiders at Atea Pharmaceuticals own 18.1% of the company. Learn More about insider trades at Atea Pharmaceuticals.

Information on this page was last updated on 12/10/2024.

Jean-Pierre Sommadossi Insider Trading History at Atea Pharmaceuticals

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/19/2024Sell1,841$4.00$7,364.005,866,025View SEC Filing Icon  
9/17/2024Sell33,941$4.05$137,461.055,890,053View SEC Filing Icon  
6/5/2024Sell1,006$4.00$4,024.005,923,994View SEC Filing Icon  
2/1/2024Sell56,910$3.85$219,103.50116,557View SEC Filing Icon  
See Full Table

Jean-Pierre Sommadossi Buying and Selling Activity at Atea Pharmaceuticals

This chart shows Jean-Pierre Sommadossi's buying and selling at Atea Pharmaceuticals by year and by quarter.

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Atea Pharmaceuticals Company Overview

Atea Pharmaceuticals logo
Atea Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, discovers, develops, and commercializes antiviral therapeutics for patients with viral infections. Its lead product candidate is AT-527, an oral antiviral candidate that is in Phase 3 SUNRISE-3 clinical trial for the treatment of patients with COVID-19. The company also develops bemnifosbuvir in combination with ruzasvir, which is in Phase 2 clinical trial, for the treatment of hepatitis C virus (HCV); and a protease inhibitor for the treatment of COVID-19. It has a license agreement with MSD International GmbH for the development, manufacture, and commercialization of Ruzasvir, an NS5A inhibitor, for the treatment of HCV. Atea Pharmaceuticals, Inc. was incorporated in 2012 and is headquartered in Boston, Massachusetts.
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Today's Range

Now: $3.09
Low: $3.03
High: $3.13

50 Day Range

MA: $3.12
Low: $2.82
High: $3.50

2 Week Range

Now: $3.09
Low: $2.45
High: $4.02

Volume

497,950 shs

Average Volume

411,257 shs

Market Capitalization

$241.42 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.16