Garo H. Armen, Date of Birth, Place of Birth

    

Garo H. Armen

American businessman

Date of Birth: 31-Jan-1953

Place of Birth: Istanbul, Turkey

Profession: scientist, businessperson, entrepreneur, chief executive officer

Zodiac Sign: Aquarius


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About Garo H. Armen

  • Dr.
  • Garo H.
  • Armen (Armenian: ???? ?????) is a Turkish-born American businessman of Armenian descent. He was born on January 31, 1953, in Turkey.
  • He moved to New York City in 1970.
  • According to the New York Times he became a messenger boy for a nonprofit Armenian organization.
  • In the article Armen stated, "I worked five hours a day, five days a week.
  • I got two bucks an hour…and that was a lot of money for me.
  • His second job was in the kitchen of the Lawyers’ Club but it only lasted a day.
  • "I thought I’d learn to cook.
  • Instead, they asked me to wash dishes.
  • I had to climb into the soup bucket, which was huge, and clean it out.
  • Shortly after, I got a job in a bank as a clerk." One night in 1978, in the middle of the energy crisis, Armen was driving home when he stopped at a gas station.
  • "I noticed that gas pumps only had two digits [for the per gallon price]," in interview with The Scientist "Realizing that continued rising prices would force the pumps to be replaced in the near future, I borrowed $5,000 to invest in gas pumps." Soon enough, virtually every gas pump in America was replaced – and Armen had made $20,000.
  • His interest in business was piqued, and had already paid off. By 1979, he received his PhD in physical chemistry from the City University of New York.
  • Armen served as Senior Vice President of Research for Dean Witter Reynolds (1986–1989), focusing on the chemical and pharmaceutical industries and with E.F.
  • Hutton & Company as first Vice President (1981–1986).
  • Before entering finance, Armen had been an associate professor at the Merchant Marine Academy and a research associate at the Brookhaven National Laboratory. Armen's journey into drug development began when his mother died from breast cancer in 1973.
  • The two shared a one-room Brooklyn apartment where Armen administered her morphine shots until she died.
  • In 1994, Armen was approached by Pramod Srivastava, then a biochemist at Mount Sinai School of Medicine, about the possibility of developing Oncophage from a clinical and commercial perspective.
  • The treatment involved removing a patient's tumor cells, isolating and fortifying the cellular proteins that normally alert the immune system to disease, and re-injecting the proteins into the patient.
  • In 1994, Armen co-founded Antigenics with Srivastava.

Read more at Wikipedia

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