David  Young net worth and biography

David Young Biography and Net Worth

Dr. Young has over 30 years of pharmaceutical research, drug development, and corporate experience. He was a Founder and CEO of Promet Therapeutics, LLC since its formation in August 2015. Dr. Young was Chief Scientific Officer of Questcor Pharmaceuticals from 2009-2014 and was responsible for working with the FDA on modernizing the Acthar Gel label and in obtaining FDA approval in Infantile Spasms. From 2006-2009 prior to joining the executive management team, Dr. Young served as an independent Director on the Questcor Board of Directors. During the eight years that Dr. Young was involved with Questcor, Questcor transitioned to an orphan drug specialty pharmaceutical company, moving from near bankruptcy in 2007 to a valuation of approximately $5.6 billion in 2014. While serving on Questcor's Board of Directors, Dr. Young was Executive Director & President, U.S. Operations of AGI Therapeutics plc. Dr. Young has also served as the Executive Vice President of the Strategic Drug Development Division of ICON plc, an international CRO, and was the Founder and CEO of GloboMax LLC, a CRO specializing in FDA drug development, purchased by ICON plc in 2003. Prior to forming GloboMax, Dr. Young was a Tenured Associate Professor at the School of Pharmacy, University of Maryland., where he led a group of 30 faculty, scientists, postdocs, graduate students and technicians in evaluating the biological properties of drugs and drug delivery systems in animals and humans.

Dr. Young is an expert in small molecule and protein non-clinical and clinical drug development. He has served on FDA Advisory Committees, was Co-Principal Investigator on a FDA funded Clinical Pharmacology contract, was responsible for the analytical and pharmacokinetic evaluation of all oral products manufactured in the UMAB-FDA contract which lead to the SUPAC and IVIVC FDA Guidance's, for 5 years taught FDA reviewers as part of the UMAB-FDA contract, has served on NIH grant review committees, and was Co-Principal Investigator on a National Cancer Institute contract to evaluate new oncology drugs.

Dr. Young has met more than 100 times with the FDA on more than 50 drug products and has been a key team member on more than 30 NDA/supplemental NDA approvals. Dr. Young has more than 150 presentations-authored publications-book chapters, including formal presentations to the FDA, FDA Advisory Committees, and numerous invited presentations at both scientific and investment meetings.

Dr. Young received his B.S. in Physiology from the University of California at Berkeley, his M.S. in Medical Physics from the University of Wisconsin at Madison, and his Pharm.D. - Ph.D. with emphasis in Pharmacokinetics and Pharmaceutical Sciences from the University of Southern California.

What is David Young's net worth?

The estimated net worth of David Young is at least $71,472.12 as of February 7th, 2024. Dr. Young owns 79,387 shares of Processa Pharmaceuticals stock worth more than $71,472 as of November 21st. This net worth estimate does not reflect any other investments that Dr. Young may own. Additionally, Dr. Young receives an annual salary of $160,200.00 as CEO at Processa Pharmaceuticals. Learn More about David Young's net worth.

How old is David Young?

Dr. Young is currently 71 years old. There are 5 older executives and no younger executives at Processa Pharmaceuticals. Learn More on David Young's age.

What is David Young's salary?

As the CEO of Processa Pharmaceuticals, Inc., Dr. Young earns $160,200.00 per year. There are 2 executives that earn more than Dr. Young. The highest earning executive at Processa Pharmaceuticals is Mr. George K. Ng Esq., J.D., CEO & Director, who commands a salary of $402,030.00 per year. Learn More on David Young's salary.

How do I contact David Young?

The corporate mailing address for Dr. Young and other Processa Pharmaceuticals executives is 7380 COCA COLA DRIVE SUITE 106, HANOVER MD, 21076. Processa Pharmaceuticals can also be reached via phone at (443) 776-3133 and via email at [email protected]. Learn More on David Young's contact information.

Has David Young been buying or selling shares of Processa Pharmaceuticals?

David Young has not been actively trading shares of Processa Pharmaceuticals within the last three months. Most recently, on Wednesday, February 7th, David Young bought 21,000 shares of Processa Pharmaceuticals stock. The stock was acquired at an average cost of $2.45 per share, with a total value of $51,450.00. Following the completion of the transaction, the insider now directly owns 79,387 shares of the company's stock, valued at $194,498.15. Learn More on David Young's trading history.

Who are Processa Pharmaceuticals' active insiders?

Processa Pharmaceuticals' insider roster includes Robert Floyd (COO), Patrick Lin (Insider), James Stanker (CFO), Justin Yorke (Director), and David Young (CEO). Learn More on Processa Pharmaceuticals' active insiders.

Are insiders buying or selling shares of Processa Pharmaceuticals?

During the last year, Processa Pharmaceuticals insiders bought shares 4 times. They purchased a total of 41,500 shares worth more than $105,895.00. The most recent insider tranaction occured on February, 7th when insider David Young bought 21,000 shares worth more than $51,450.00. Insiders at Processa Pharmaceuticals own 13.0% of the company. Learn More about insider trades at Processa Pharmaceuticals.

Information on this page was last updated on 2/7/2024.

David Young Insider Trading History at Processa Pharmaceuticals

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/7/2024Buy21,000$2.45$51,450.0079,387View SEC Filing Icon  
6/12/2023Buy2,000$16.00$32,000.0023,521View SEC Filing Icon  
4/13/2023Buy1,000$9.60$9,600.0020,521View SEC Filing Icon  
4/11/2023Buy1,000$10.40$10,400.0018,521View SEC Filing Icon  
6/23/2021Buy500$153.40$76,700.0017,259View SEC Filing Icon  
See Full Table

David Young Buying and Selling Activity at Processa Pharmaceuticals

This chart shows David Young's buying and selling at Processa Pharmaceuticals by year and by quarter.

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Processa Pharmaceuticals Company Overview

Processa Pharmaceuticals logo
Processa Pharmaceuticals, Inc., a clinical stage biopharmaceutical company, develops chemotherapy drugs to improve the safety and efficacy of cancer treatment. Its drugs are modifications of existing FDA-approved oncology drugs resulting in an alteration of the metabolism and/or distribution of drugs while maintaining the existing mechanisms of killing the cancer cells. The company's pipeline includes three chemotherapy drugs comprising Gemcitabine, PCS3117 that has completed Phase 2a clinical trials to treat pancreatic, biliary tract, lung, ovarian, breast, and other cancers; Capecitabine, a combination of PCS6422 and capecitabine that has completed Phase 1b clinical trials to treat metastatic colorectal, gastrointestinal, breast, pancreatic, and other cancers; and Irinotecan, PCS11T that is in pre-clinical studies to treat lung, colorectal, gastrointestinal, pancreatic, and other cancers. It also develops non-oncology drugs consisting of PCS12852 for treatment of gastroparesis; and PCS499 to treat patients with ulcerative and non-ulcerative necrobiosis lipoidica. The company has license agreements with Elion Oncology, Inc.; Ocuphire Pharma, Inc.; Aposense, Ltd.; Yuhan Corporation; and CoNCERT Pharmaceuticals, Inc. Processa Pharmaceuticals, Inc. was founded in 2011 and is based in Hanover, Maryland.
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Today's Range

Now: $0.90
Low: $0.90
High: $0.92

50 Day Range

MA: $1.25
Low: $0.90
High: $1.44

2 Week Range

Now: $0.90
Low: $0.85
High: $17.40

Volume

5,357 shs

Average Volume

1,133,612 shs

Market Capitalization

$2.94 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.6