Logo

21 Facts About Phillip Frost

1.

Phillip Frost was born on c 1936 and is an American entrepreneur.

2.

Phillip Frost has two elder brothers, who are 15 and 16 years older than him respectively.

3.

Phillip Frost served as a lieutenant commander, US Public Health Service at the National Cancer Institute, from 1963 to 1965.

4.

Phillip Frost was a professor of dermatology at the University of Miami School of Medicine, from 1966 to 1972.

5.

Phillip Frost was chairman of the department of dermatology at Mt.

6.

Michael Jaharis and Phillip Frost bought Key Pharmaceuticals, Inc in 1972.

7.

Phillip Frost was chairman of the board of directors of Key Pharmaceuticals, from 1972, until its acquisition by Schering-Plough in 1986, for $835 million.

8.

Phillip Frost served as chairman of the board of directors and chief executive officer of Miami pharmaceutical manufacturer Ivax Corporation from 1987.

9.

Phillip Frost sold Ivax in January 2006, for $7.4 billion, to Israel-based Teva Pharmaceuticals.

10.

Phillip Frost became vice chairman of Teva Pharmaceutical Industries in January 2006, when Teva acquired Ivax Corporation.

11.

Phillip Frost was named the chairman of the board of Teva, in March 2010 and was reelected to the position in May 2012 before stepping down in 2015.

12.

Phillip Frost resigned from the company's board of directors in 2007.

13.

Phillip Frost became the CEO and chairman of OPKO Health, Inc upon the consummation of the merger of Acuity Pharmaceuticals Inc.

14.

Phillip Frost is accused by the US Securities and Exchange Commission of violations of multiple sections of the Securities Act of 1933 and of the Securities Exchange Act of 1934.

15.

Phillip Frost serves as chairman of the board of directors of PROLOR Biotech, Inc, a development stage biopharmaceutical company.

16.

Phillip Frost is a director of Castle Brands, a developer and marketer of premium brand spirits, and Continucare Corporation, a provider of outpatient healthcare services.

17.

Phillip Frost previously served as a director for Northrop Grumman Corp.

18.

In 2011, Phillip Frost became the largest shareholder in Coconut Grove Bank, the oldest bank in South Florida.

19.

In January 2013, Phillip Frost began investing in MusclePharm MSLP, with an initial $1.4 Million.

20.

Phillip Frost serves on the board of regents of the Smithsonian Institution, as a member of the board of trustees of the University of Miami, the Scripps Research Institute, the Miami Jewish Home for the Aged, chairman of the board of Temple Emanu-El in Miami Beach, Florida, and Mount Sinai Medical Center.

21.

Phillip Frost is married to Patricia Orr, an elementary school principal.