How to Pronounce Garo H. Armen
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Jan 31, 1953 Istanbul, Turkey 71 years old
American businessman
AquariusGaro H. Armen - Place of Birth, Date of Birth, Age, Wiki, Facts, Net Worth, Birthday, Biography and Family
Garo H. Armen, Date of Birth, Place of Birth, Family, Facts, Age, Net Worth, Biography and More in FamedBorn.com
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.
