Phillip P.  Chan net worth and biography

Phillip Chan Biography and Net Worth

CEO of Cytosorbents
Dr. Phillip Chan is the CEO and President of CytoSorbents Corporation. Prior to CytoSorbents, Dr. Chan led healthcare and life science investments as Partner for the $80M NJTC Venture Fund, one of the top performing and largest early stage investors in the greater New York region.  He was responsible for numerous investments in therapeutics, medical devices and diagnostics. Dr. Chan also co-founded Andrew Technologies, a venture-backed medical device company commercializing its FDA approved HydraSolve™ advanced lipoplasty system in the U.S. Dr. Chan received Board-certification in internal medicine, having completed his residency at Harvard Medical School at the Beth Israel Deaconess Medical Center. Dr. Chan received his MD/PhD from Yale University School of Medicine and his BS in cell and molecular biology from Cornell University.  In 2012, Dr. Chan was named an Ernst & Young New Jersey Entrepreneur-of-the-Year finalist.

What is Phillip P. Chan's net worth?

The estimated net worth of Phillip P. Chan is at least $734,871.50 as of December 8th, 2022. Dr. Chan owns 897,279 shares of Cytosorbents stock worth more than $734,872 as of April 26th. This net worth estimate does not reflect any other assets that Dr. Chan may own. Additionally, Dr. Chan receives a salary of $541,930.00 as CEO at Cytosorbents. Learn More about Phillip P. Chan's net worth.

How old is Phillip P. Chan?

Dr. Chan is currently 54 years old. There are 5 older executives and no younger executives at Cytosorbents. Learn More on Phillip P. Chan's age.

What is Phillip P. Chan's salary?

As the CEO of Cytosorbents Co., Dr. Chan earns $541,930.00 per year. Learn More on Phillip P. Chan's salary.

How do I contact Phillip P. Chan?

The corporate mailing address for Dr. Chan and other Cytosorbents executives is 7 DEER PARK DRIVE SUITE K, MONMOUTH JUNCTION NJ, 08852. Cytosorbents can also be reached via phone at (732) 329-8885 and via email at [email protected]. Learn More on Phillip P. Chan's contact information.

Has Phillip P. Chan been buying or selling shares of Cytosorbents?

Phillip P. Chan has not been actively trading shares of Cytosorbents over the course of the past ninety days. Most recently, on Thursday, December 8th, Phillip P. Chan bought 5,859 shares of Cytosorbents stock. The stock was acquired at an average cost of $1.26 per share, with a total value of $7,382.34. Following the completion of the transaction, the chief executive officer now directly owns 897,279 shares of the company's stock, valued at $1,130,571.54. Learn More on Phillip P. Chan's trading history.

Who are Cytosorbents' active insiders?

Cytosorbents' insider roster includes Kathleen Bloch (CFO), and Phillip Chan (CEO). Learn More on Cytosorbents' active insiders.

Are insiders buying or selling shares of Cytosorbents?

During the last twelve months, Cytosorbents insiders bought shares 5 times. They purchased a total of 38,857 shares worth more than $80,075.81. The most recent insider tranaction occured on December, 13th when Director Alan D Sobel bought 22,557 shares worth more than $30,000.81. Insiders at Cytosorbents own 8.1% of the company. Learn More about insider trades at Cytosorbents.

Information on this page was last updated on 12/13/2023.

Phillip P. Chan Insider Trading History at Cytosorbents

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/8/2022Buy5,859$1.26$7,382.34897,279View SEC Filing Icon  
12/6/2022Buy14,291$1.26$18,006.66881,570View SEC Filing Icon  
9/8/2022Buy35,000$1.70$59,500.00867,279View SEC Filing Icon  
6/16/2022Buy2,221$1.85$4,108.85768,351View SEC Filing Icon  
12/10/2021Buy5,000$5.25$26,250.00View SEC Filing Icon  
12/6/2019Buy16,500$3.96$65,340.00
12/7/2018Sell24,337$9.37$228,037.69View SEC Filing Icon  
9/7/2018Sell11,418$14.65$167,273.70View SEC Filing Icon  
9/7/2018Sell2,731$14.11$38,534.41View SEC Filing Icon  
9/5/2018Sell5,787$14.85$85,936.95View SEC Filing Icon  
6/8/2017Buy3,700$4.00$14,800.00View SEC Filing Icon  
6/5/2017Buy6,300$4.00$25,200.00View SEC Filing Icon  
12/9/2016Buy4,600$5.40$24,840.00View SEC Filing Icon  
8/24/2016Buy5,000$4.89$24,450.00121,648View SEC Filing Icon  
9/4/2012Buy190,000$0.13$24,700.00View SEC Filing Icon  
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Phillip P. Chan Buying and Selling Activity at Cytosorbents

This chart shows Phillip P Chan's buying and selling at Cytosorbents by year and by quarter.

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Cytosorbents Company Overview

Cytosorbents logo
Cytosorbents Corporation engages in the research, development, and commercialization of medical devices with its blood purification technology platform incorporating a proprietary adsorbent and porous polymer technology in the United States, Germany, and internationally. Its flagship product is CytoSorb, an extracorporeal cytokine adsorber for adjunctive therapy in the treatment of sepsis, adjunctive therapy in other critical care applications, prevention, and treatment of perioperative complications, and maintaining or enhancing the quality of solid organs harvested from donors for organ transplant; and offers VetResQ, a device for adjunctive therapy in the treatment of sepsis, pancreatitis, and other critical illnesses in animals. The company also develops CytoSorb-XL, a device for adjunctive therapy in the treatment of sepsis and other critical illnesses; HemoDefend blood purification technology platform to reduce contaminants in the blood supply that can cause transfusion reactions or disease when administering blood and blood products to patients, and removal of anti-A and anti-B blood group antibodies from whole blood and plasma; K+ontrol for treatment of severe hyperkalemia in patients with life-threatening conditions; and ContrastSorb for the removal of IV contrast in blood administered during CT imaging, an angiogram, or during a vascular interventional radiology procedure to reduce the risk of contrast-induced nephropathy. In addition, it develops BetaSorb, a device for the prevention and treatment of health complications caused by the accumulation of metabolic toxins in patients with chronic renal failure; DrugSorb, a device to remove drugs and chemicals from the blood; and DrugSorb-ATR, an antithrombotic removal system. The company was formerly known as MedaSorb Technologies Corporation and changed its name to Cytosorbents Corporation in May 2010. Cytosorbents Corporation was founded in 1997 and is headquartered in Princeton, New Jersey.
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Today's Range

Now: $0.82
Low: $0.80
High: $0.82

50 Day Range

MA: $0.93
Low: $0.79
High: $1.04

2 Week Range

Now: $0.82
Low: $0.78
High: $4.29

Volume

96,004 shs

Average Volume

154,414 shs

Market Capitalization

$44.48 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.58