SOURCE: Leerink Swann & Company

September 12, 2006 07:00 ET

Leerink Swann & Company Announces Randy Billhardt and Ralph Falls Join Trading Department

BOSTON, MA -- (MARKET WIRE) -- September 12, 2006 -- Leerink Swann & Company announced today two additions to its trading desk. Randy Billhardt joined the firm as a senior listed market maker and Ralph Falls is a senior OTC market maker with Leerink Swann. They will operate out of the New York office.

"Randy Billhardt and Ralph Falls are terrific additions to our firm," said Larry Greenwald, Senior Managing Director and Head of Trading. "They know the institutional client base in New York, and their experience will be a great asset to the firm as we continue to build out a world class trading capability."

Randy Billhardt, senior listed market maker, most recently oversaw the listed healthcare group at Raymond James Financial and, prior to that, was a 19-year veteran of UBS Securities where he was an Executive Director and head of its six person OTC healthcare team. Mr. Billhardt is a graduate of Denison University and Dartmouth's Amos Tuck Business School.

Ralph Falls, senior OTC market maker, joined Leerink Swann from Bank of America where he traded biotech and healthcare stocks. Previously, he was a market maker at Sherwood Securities. Mr. Falls is a graduate of the University of Southern California.

About Leerink Swann & Company

Leerink Swann & Company is an investment banking firm that provides healthcare equity research, corporate finance, and asset management services for institutional and high-net-worth clients. Leerink Swann & Company was voted the Best Firm in Biotechnology, Medical Supplies and Devices, Pharmaceuticals/Major and Pharmaceuticals/Specialty in the December 2005 Institutional Investor poll ranking the best boutique and regional firms by sector. Through its consulting affiliate, MEDACorp, Leerink Swann & Company provides biomedical-consulting services to Life Sciences companies and to the institutional investment community. Through its internal team of experts and its dedicated external network of academic and community healthcare professionals, MEDACorp assesses the viability of cutting-edge medical technologies, thus giving decision makers the information they need to perform. Leerink Swann & Company is a member NASD/SIPC.

Contact Information

  • Contact:
    John I. Fitzgerald
    Leerink Swann & Company
    (617) 918-4564