Age, Biography and Wiki
Richard Roberts (Richard H. Roberts) was born on 1957 in Philadelphia, is an A 21st-century American Jews. Discover Richard Roberts's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 67 years old?
Popular As |
Richard H. Roberts |
Occupation |
Businessman
Philanthropist |
Age |
67 years old |
Zodiac Sign |
N/A |
Born |
1957 |
Birthday |
|
Birthplace |
Philadelphia |
Nationality |
United States
|
We recommend you to check the complete list of Famous People born on .
He is a member of famous Businessman with the age 67 years old group.
Richard Roberts Height, Weight & Measurements
At 67 years old, Richard Roberts height not available right now. We will update Richard Roberts's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is Richard Roberts's Wife?
His wife is married
Family |
Parents |
Not Available |
Wife |
married |
Sibling |
Not Available |
Children |
six |
Richard Roberts Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Richard Roberts worth at the age of 67 years old? Richard Roberts’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Richard Roberts's net worth, money, salary, income, and assets.
Net Worth in 2024 |
$1 Million - $5 Million |
Salary in 2024 |
Under Review |
Net Worth in 2023 |
Pending |
Salary in 2023 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Businessman |
Richard Roberts Social Network
Timeline
His father, a chemist, started URL Pharma in 1946 which manufactured steroidal hormones that treated pain by collecting pig pituitary glands from slaughterhouses.
Roberts earned a M.D. and a Ph.D. from the University of Pennsylvania.
After school, he took over his father's money-losing pharmaceutical company.
Richard H. Roberts (born 1957) is an American pharmaceutical executive, philanthropist, and political activist.
Born in a secular Jewish family Philadelphia in 1957 and raised in Abington Township, Pennsylvania, the son of Albert Roberts.
In 1997, he sold majority control of the firm to several venture capital firms which left him as the CEO of the company with a ~30% ownership interest.
In 2009, the FDA approved colchicine as a monotherapy for the treatment of three different indications (familial Mediterranean fever, acute gout flares, and for the prophylaxis of gout flares) and gave URL Pharma a three-year marketing exclusivity agreement in exchange for URL Pharma doing 17 new studies and investing $100 million into the product (of which $45 million went to the FDA for the application fee).
URL Pharma subsequently raised the price from $0.09 per tablet to $4.85; and in October 2010, the FDA removed the older unapproved colchicine (in both in oral and intravenous forms) from the market (although they allowed pharmacies the opportunity to buy up the older unapproved colchicine).
Roberts indicated that the price increase mirrored other approved and branded drugs that were used to treat gout pain.
In 2010, he gave $750,000 to the campaign of Mitt Romney.
URL Pharma returned to profitability with its gout treatment branded Colcrys consisting of 72% of the companies $600 million in sales in 2011.
Roberts sold URL Pharma for $800 million in June 2012 to Takeda Pharmaceuticals of Japan.
Roberts is a top donor to Republican politicians including Senator Lindsey Graham of South Carolina, Governor Scott Walker of Wisconsin, and Rand Paul.
In 2012, Roberts contributed $1 million to a super PAC that supported U.S. Representative Allen West.
Roberts is married with six children and lives in Lakewood, New Jersey.
He credits the principles of Orthodox Judaism as helping him to be a success and is one of the largest philanthropists to the orthodox community in Lakewood.