Executive Team

Michael L. Babich

President and Chief Executive Officer

Michael L. Babich has served as our President since November 2010 and was appointed as our Chief Executive Officer in March 2011. From March 2007 until November 2010, Mr. Babich served as the Chief Operating Officer and a director of INSYS Pharma, Inc., a wholly-owned subsidiary of our company which is responsible for the initial development of Dronabinol SG Capsule and many of our product candidates, including Subsys and our other dronabinol product candidates. Prior to that, from 2001 to 2007 Mr. Babich worked at EJ Financial Enterprises, Inc., a venture capital firm specializing in early stage and startup investments primarily in the healthcare sector.

During his time at EJ Financial Enterprises, Mr. Babich held various roles and worked on various projects, including private equity transactions, asset management and strategic consulting for both public and private companies. Prior to his work at EJ Financial Enterprises, Mr. Babich worked at the Northern Trust Corporation managing mid- to large-cap portfolios for high net worth individuals. Mr. Babich also has served as a director and in management roles at Alliant Pharmaceuticals, Inc.

Mr. Babich received a B.A. from the University of Illinois at Urbana-Champaign and an MBA from the Kellogg School of Management at Northwestern University.

Darryl S. Baker

Chief Financial Officer

Darryl S. Baker has served as our Chief Financial Officer since October 2012. From 1997 to 2012, Mr. Baker served as Chief Financial Officer and Corporate Controller for various publicly-traded and entrepreneurial companies, including iGo, a developer of power management solutions and accessories for mobile electronic devices, Integrated Information Systems, a provider of secure integrated information technology solutions, and SkyMall, an integrated specialty retailer. Prior to 1997, Mr. Baker was an audit manager for Ernst & Young LLP.

Mr. Baker has extensive experience in accounting, SEC issues for smaller public companies, merger and acquisition transactions, and small business financing and frequently serves as a panelist and lecturer for the Center for Professional Education on various topics including SEC compliance, share-based compensation, revenue recognition, fair value and lease accounting. Mr. Baker earned his BS in Accountancy from the Marriott School of Management at Brigham Young University and is a Certified Public Accountant in the states of California and Arizona and is also a Chartered Global Management Accountant.

Franc Del Fosse

General Counsel

Franc Del Fosse has served as our General Counsel since February 2014. Mr. Del Fosse joins our company from private practice, where he regularly advised public company boards, management and in-house counsel on the critical issues affecting their businesses. In addition, as a transactional attorney, he specialized in corporate and project financing, compliance with federal securities laws and mergers and acquisitions advisement.

Immediately prior to joining our company, Mr. Del Fosse was a partner at the law firm of Snell & Wilmer LLP. From 2001-2005, Mr. Del Fosse was an associate at the law firm of Shearman & Sterling. Mr. Del Fosse holds a J.D. degree from Columbia University School of Law and an undergraduate degree from Arizona State University. He is a member of the State Bar of California and Arizona.