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Samuel Waksal former CEO of ImClone pleads guilty
WAX2002101599 - WASHINGTON, Oct. 15 (UPI) - In this file photo Samuel Waksal, former President and CEO of ImClone Systems, speaks to the media after pleading innocent in Manhattan Federal Court on Aug. 12, 2002, to Federal charges of insider trading. On Oct. 15, 2002, Waksal reversed his plea to guilty of bank fraud and conspiracy in insider. He could receive up to 65 years in prison and millions of dollars in fines. rlw/ep/Ezio Petersen/FILE UPI
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Samuel D. Waksal (born 8 September 1947) is the founder and former CEO of the biopharmaceutical company ImClone Systems, which developed the drug Erbitux (cetuximab). In the course of an insider trading scandal, he was convicted of several white collar crimes, served time in federal prison, and has now been released.

Waksal earned a bachelor's degree in 1969 and a doctorate in immunobiology in 1974, both from The Ohio State University.

He dated Martha Stewart's daughter, Alexis for years prior to his criminal conviction.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Samuel Waksal."
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