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Randal J. Kirk, a self-made billionaire born on March 1, 1954, in Pleasanton, California, boasts a distinguished career in the biotech industry. Kirk, a Radford University alumnus, founded multiple companies, notably selling New River Pharmaceuticals for $2.6 billion in 2007. With an estimated net worth of $2 billion, he's recognized for his diverse contributions to genetic engineering and biotechnology. As a significant player in Virginia's finance landscape and an impactful philanthropist, he continues to influence the industry significantly.
March 01, 1954 in Pleasanton, California, U.S.
72 years
Pharmaceuticals
Healthcare
United States
Manalapan, Florida
Bachelor of Arts/Science, Radford; Doctor of Jurisprudence, University of Virginia
4
Randal J. Kirk was born on March 1, 1954, in Pleasanton, California. His family later moved to Texas and Virginia. Kirk graduated from Pulaski High School and initially worked selling cars and motorcycles while enrolling part-time at Radford University. He went on to earn a bachelor's degree in Economics from Radford in 1976 and a Juris Doctor from the University of Virginia in 1979.
Randal J. Kirk: Family
There is no information provided about Randal J. Kirk's family in the given text.
Randal J. Kirk: Career Highlights
After being admitted to the bar in 1980, Kirk became the only attorney in Bland, Virginia. In 1983, he co-founded General Injectables and Vaccines with John Gregory. The company was later sold to Henry Schein, Inc. for $65 million in 1998. Kirk also founded New River Pharmaceuticals in 1996, took it public in 2004, and sold it to Shire in 2007 for $2.6 billion, earning over $1 billion for himself.
In 1999, Kirk established the life-sciences investment firm Third Security, LLC. He served on the board of directors for Scios, Inc. from 2000 to 2002 and became the majority stock holder and chairman of Clinical Data, Inc. Clinical Data was sold to Forest Laboratories for $1.2 billion in 2011.
Kirk was involved with the biotechnology company Intrexon in the 2000s, becoming its chairman in 2008 and CEO in 2009. He took Intrexon public in 2013, leading to a market cap of $2.5 billion. In early 2020, Intrexon adopted the name of its subsidiary, Precigen, and Kirk stepped down as CEO, with Helen Sabzevari taking over leadership.
Kirk has been involved in various companies advocating genetic engineering, including disease-resistant mosquitoes and non-browning apples. His projects encompass cancer treatments, gasoline substitutes, crop protection, and improving bovine genetics.
Randal J. Kirk: Companies
Randal J. Kirk: Major Achievements
Randal J. Kirk: Awards & Achievements
Randal J. Kirk: Personal Life & Legacy
Randal J. Kirk currently resides in West Palm Beach, Florida, and has four children. His net worth is estimated at $2.0 billion, ranking him No. 1135 on the Forbes billionaires list. Kirk enjoys falconry as one of his hobbies.
Randal J. Kirk: Trivia
Randal J. Kirk is born in Pleasanton, California.
Kirk moves to Texas and Virginia.
Kirk graduates from Pulaski High School.
Kirk works selling cars and motorcycles, enrolls part-time at Radford University.
Kirk earns a bachelor's degree in Economics at Radford.
Kirk earns a Juris Doctor at the University of Virginia.
Kirk is admitted to the bar, becomes the only attorney in Bland, Virginia.
Kirk founds General Injectables and Vaccines with John Gregory.
Kirk founds New River Pharmaceuticals.
General Injectables and Vaccines is sold to Henry Schein, Inc. for $65 million.
Kirk founds life-sciences investment firm Third Security, LLC.
Kirk serves on the board of directors for Scios, Inc.
Kirk leaves the board of directors for Scios, Inc.
New River Pharmaceuticals goes public.
New River is sold to Shire for $2.6 billion, making over $1 billion for Kirk.
Kirk is named Virginia's Outstanding Industrialist for the Year by Virginia Gov. Tim Kaine.
Kirk becomes chairman of Intrexon's board.
Kirk becomes CEO of Intrexon.
Clinical Data, Inc., of which Kirk is majority stock holder and chairman, is sold to Forest Laboratories for $1.2 billion.
Intrexon goes public, market cap reaches $2.5 billion.
Intrexon adopts the name of its subsidiary, Precigen.
Kirk steps down as CEO, Helen Sabzevari takes over leadership.
Intrexon sells AquaBounty to TS Aquaculture, LLC, managed by Third Security.
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