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Steve Brozak (born 1961) is the Managing Partner and President of WBB Securities, LLC, a Democratic congressional candidate in the 2004 American election cycle, and was the Chairman and CEO of StormBio, Inc. Brozak was named a 201
StarMine "Top Stock Picker"
among Pharmaceutical Analysts by the Thomson Reuters Awards for Excellence, and was recognized by ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
'' as "Best on the Street" among Medical Equipment and Supplies financial analysts. Brozak is a retired Lieutenant Colonel in the
United States Marine Corps The United States Marine Corps (USMC), also referred to as the United States Marines, is the maritime land force service branch of the United States Armed Forces responsible for conducting expeditionary and amphibious operations through combi ...
. He served a three-year appointment to the Secretary of Navy'
Navy and Marine Corps Retiree Council
He also is a Fellow of Foreign Policy Association.


Education

Brozak received his BA from
Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...
(1982), MBA from
Columbia Business School Columbia Business School (CBS) is the business school of Columbia University, a Private university, private research university in New York City. Established in 1916, Columbia Business School is one of six Ivy League business schools and is one ...
(1994) and Doctor of Medical Humanities (DMH) from
Drew University Drew University is a private university in Madison, New Jersey. Drew has been nicknamed the "University in the Forest" because of its wooded campus. As of fall 2020, more than 2,200 students were pursuing degrees at the university's three scho ...
(2016).


Career

Brozak is the President and Co-founder of WBB Securities, LLC, an independent broker dealer, investment bank and sell-side research firm. WBB Securities focuses on healthcare, biotechnology, pharmaceutical and medical device research and banking. WBB Securities and its analysts are ranked consistently as top performers in research accuracy. In September 2016, WBB Securities added an asset management arm to the firm, which subsequently launched a long/short equity healthcare fund named WBB Life Sciences l/s. As president of WBB Securities, Brozak is responsible for the research and
investment banking Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
division. He raises funds for public offerings in various healthcare sectors. He has been ranked one of the top analysts of all First Call submitting analysts in all healthcare sectors over the past five years by the StarMine ranking system. In 2010, he was named one of the Top Analysts in the Healthcare Sector for the United States by the ''Financial Times'' and StarMine. As being named 2013 StarMine "top stock picker" among Pharmaceutical Analysts, Brozak has achieved top-ranking recognition in all healthcare fields including Biotechnology, Medical Devices, and Pharmaceuticals over the last five years by the Thomson Reuters Awards for Excellence and ''The Wall Street Journal'' Best on the Street Survey. He is a Fellow of the Foreign Policy Association. Brozak has specific expertise and interest in human stem cell therapies, biothreat countermeasures, bacterium, and viruses such as highly pathogenic
influenza Influenza, commonly known as "the flu", is an infectious disease caused by influenza viruses. Symptoms range from mild to severe and often include fever, runny nose, sore throat, muscle pain, headache, coughing, and fatigue. These symptoms ...
,
Marburg Marburg ( or ) is a university town in the German federal state (''Bundesland'') of Hesse, capital of the Marburg-Biedenkopf district (''Landkreis''). The town area spreads along the valley of the river Lahn and has a population of approximate ...
, and
Ebola Ebola, also known as Ebola virus disease (EVD) and Ebola hemorrhagic fever (EHF), is a viral hemorrhagic fever in humans and other primates, caused by ebolaviruses. Symptoms typically start anywhere between two days and three weeks after becom ...
. He is a contributor to ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'', ''
Businessweek ''Bloomberg Businessweek'', previously known as ''BusinessWeek'', is an American weekly business magazine published fifty times a year. Since 2009, the magazine is owned by New York City-based Bloomberg L.P. The magazine debuted in New York City ...
'',
STAT STAT, Stat. , or stat may refer to: * Stat (system call), a Unix system call that returns file attributes of an inode * ''Stat'' (TV series), an American sitcom that aired in 1991 * Stat (website), a health-oriented news website * STAT protein, a ...
,
CNN CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the M ...
, and ABCNews.com while regularly authoring articles in peer-reviewed and news publications. Among articles are:
"How Mental Health Is Shortchanged by Lack of Reimbursement for Vagus Nerve Stimulation"
which appeared in the journal ''Brain Stimulation'' March–April 2016;
"Stopping Ebola: Mali Matters; Maine and Manhattan Don't"
on businessweek.com October 30, 2014;
"No Longer the King of the North, Pfizer Looks to Recapture Crown"
on Forbes.com April 30, 2014;
"With Big Pharma In Retreat, Ackman And Novartis Try A New Blueprint For Drug Companies"
on Forbes.com March 22, 2014;
"Google: Just What The Doctor Ordered"
on Forbes.com December 19, 2013;
"The 5 Things You Should Know When Your Healthcare Claim Is "Denied""
on Forbes.com October 26, 2013;
"Breaking US Healthcare: Sequestration, Shutdown And The Looming Debt Ceiling"
on Forbes.com October 9, 2013;
"The Antibiotic Bubble -- A Quest For Continued Antibiotic Effectiveness"
on Forbes.com May 7, 2013;
"Meningitis Outbreak: Restoring Confidence in the Drug Industry"
on ABC News October 16, 2012;
"A Case for Accelerating Regenerative Medicine"
on ABC News, April 12, 2012;
"A New American 11/11/11 Day: The Health Care Veterans Deserve"
also on ABC News, November 11, 2011;
"Fighting Epidemics With Venture Capital"
which appeared on the Bloomberg BGov Web site;
"Seeking Innovation: Incentive Funding for Biodefense Biotechs"
which appeared in the peer-reviewed journal: Biosecurity and Bioterrorism: Biodefense Strategy, Practice, and Science, Volume 8, Number 4, 2010. *He also is a co-author o

an opinion article that appeared in Nature, the International Weekly Journal of Science, Volume 467, 1031–1033 (28 October 2010). Brozak is frequently interviewed and quoted by such media sources as the
Associated Press The Associated Press (AP) is an American non-profit news agency headquartered in New York City. Founded in 1846, it operates as a cooperative, unincorporated association. It produces news reports that are distributed to its members, U.S. newspa ...
,
ABC ABC are the first three letters of the Latin script known as the alphabet. ABC or abc may also refer to: Arts, entertainment, and media Broadcasting * American Broadcasting Company, a commercial U.S. TV broadcaster ** Disney–ABC Television ...
, ''
Barron's Barron's or Barrons may refer to: *Barron's Educational Series, a publisher of books, as well as college entrance exam preparation classes and materials, now an imprint of Kaplan Test Prep ** B.E.S. Publishing, the former owner of Barron's * ''Barr ...
'',
Bloomberg Bloomberg may refer to: People * Daniel J. Bloomberg (1905–1984), audio engineer * Georgina Bloomberg (born 1983), professional equestrian * Michael Bloomberg (born 1942), American businessman and founder of Bloomberg L.P.; politician and ma ...
,
CNN CNN (Cable News Network) is a multinational cable news channel headquartered in Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the M ...
, ''
Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...
'', ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'',
Dow Jones Dow Jones is a combination of the names of business partners Charles Dow and Edward Jones. Dow Jones & Company Dow, Jones and Charles Bergstresser founded Dow Jones & Company in 1882. That company eventually became a subsidiary of News Corp, and ...
,
Reuters Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was estab ...
, ''
USA Today ''USA Today'' (stylized in all uppercase) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth on September 15, 1982, the newspaper operates from Gannett's corporate headquarters in Tysons, Virgini ...
'',
TheStreet.com ''TheStreet'' is a financial news and financial literacy website. It is a subsidiary of The Arena Group. The company provides both free content and subscription services such as Action Alerts Plus a stock recommendation portfolio co-managed by B ...
, and ''
The Wall Street Journal ''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published ...
''. He is featured in the ''
British Medical Journal ''The BMJ'' is a weekly peer-reviewed medical trade journal, published by the trade union the British Medical Association (BMA). ''The BMJ'' has editorial freedom from the BMA. It is one of the world's oldest general medical journals. Origi ...
'' raising awareness among the cleanliness of endoscopic procedures within the United States. He is co-author of three commentaries about the failure of the Fukushima Daichi nuclear power plants and the potential impact on the world, published by ABCNews.com. They include: Fukushima Joins Titanic, Katrina as a Single Word for Disaster, March 16, 2011, Fukushima: A Nuclear Threat to Japan, the U.S. and the World, April 6, 2011 and Fukushima and Nuclear Power: Playing with Fire, April 25, 2011. He also is the author of twelve analytical reports about the threat of pandemic influenza, has written guest editorials and been asked to speak about several issues, including the challenges facing large pharmaceutical companies, the need to restructure the U.S. Food and Drug Administration, and difficulties facing the U.S. healthcare system. Brozak participated in the production of two films- as an Associate Producer of '' Money for Nothing: Inside the Federal Reserve'' (2013) and as Executive Producer of
American Veteran
' (2017). Brozak was Chairman and CEO of StormBio, Inc, a development stage biotechnology company focused on the attenuation of
Cytokine Storm A cytokine storm, also called hypercytokinemia, is a physiological reaction in humans and other animals in which the innate immune system causes an uncontrolled and excessive release of pro-inflammatory signaling molecules called cytokines. Norma ...
, specifically in influenza. StormBio was developing therapeutics to minimize the mortality and morbidity resulting from Highly Pathogenic Influenza infections, such as
H5N1 Influenza A virus subtype H5N1 (A/H5N1) is a subtype of the influenza A virus which can cause illness in humans and many other animal species. A bird-adapted strain of H5N1, called HPAI A(H5N1) for highly pathogenic avian influenza virus of typ ...
and
H1N1 In virology, influenza A virus subtype H1N1 (A/H1N1) is a subtype of influenza A virus. Major outbreaks of H1N1 strains in humans include the Spanish flu, the 1977 Russian flu pandemic and the 2009 swine flu pandemic. It is an orthomyxovirus ...
influenza strains. StormBio's approach was to modulate runaway inflammation. Many of the deaths and much of the permanent damage from influenza is caused by a runaway inflammatory process called cytokine storm. It was anticipated that StormBio's therapeutics also could be used to treat a variety of other inflammatory conditions. StormBio was affiliated with leading scientists in the field of inflammation and had in-licensed intellectual property and novel therapeutics directed at treating people in the event of an
influenza pandemic An influenza pandemic is an epidemic of an influenza virus that spreads across a large region (either multiple continents or worldwide) and infects a large proportion of the population. There have been six major influenza epidemics in the last ...
.


Political life

Campaigning for Congress during the 2004 election, Brozak kicked off his campaign with a front-page feature story, "A Marine Jumps Party Lines to Join Democrats in Trenches", in ''The Wall Street Journal'', where he gave early warning of the nearly insurmountable challenges faced by the shortage of U.S. troops in Iraq and the need for a modified strategy to subdue insurgency and create a secure nation in Iraq. His campaign focused on the lack of planning for the Iraq war, the strain it placed on our military, and the severe economic repercussions that would ensue—specifically the rise in energy prices. He also stressed the need for unfettered research in stem cells and the need for a fair trade policy with other countries. Brozak was featured in an article in the magazine Salon, which described his campaign as "a referendum on Bush's military folly." During his Congressional campaign, Brozak was invited to speak during prime time at the
2004 Democratic National Convention The 2004 Democratic National Convention convened from July 26 to 29, 2004 at the FleetCenter (now the TD Garden) in Boston, Massachusetts, and nominated Senator John Kerry from Massachusetts for president and Senator John Edwards from North Car ...
, where he criticized the Bush administration for lack of planning prior to the war in Iraq. He was later criticized by bloggers in the Internet publication, ''
The Weekly Standard ''The Weekly Standard'' was an American neoconservative political magazine of news, analysis and commentary, published 48 times per year. Originally edited by founders Bill Kristol and Fred Barnes, the ''Standard'' had been described as a "red ...
'' for his strong position against administration partisanship in political appointments at the Pentagon. Brozak was defeated by
incumbent The incumbent is the current holder of an official, office or position, usually in relation to an election. In an election for president, the incumbent is the person holding or acting in the office of president before the election, whether seek ...
Mike Ferguson (
Republican Republican can refer to: Political ideology * An advocate of a republic, a type of government that is not a monarchy or dictatorship, and is usually associated with the rule of law. ** Republicanism, the ideology in support of republics or agains ...
) for New Jersey's 7th Congressional District.


Military career

Brozak is a retired Lieutenant Colonel in the
United States Marine Corps The United States Marine Corps (USMC), also referred to as the United States Marines, is the maritime land force service branch of the United States Armed Forces responsible for conducting expeditionary and amphibious operations through combi ...
, having served in Europe, the Middle East, Asia, and the Caribbean. He has been attached to units within the United Nations, specifically as a Foreign area officer at the U.S. Mission to the
United Nations The United Nations (UN) is an intergovernmental organization whose stated purposes are to maintain international peace and international security, security, develop friendly relations among nations, achieve international cooperation, and be ...
, and as a Public Information Officer in the
United Nations Mission in Haiti The United Nations Mission in Haiti (UNMIH) was a peacekeeping operation carried out by the United Nations between September 1993 and June 1996. The Mission was reestablished (''MINUSTAH'') in April 2004, after a rebellion took over most of Haiti ...
(UNMIH). Brozak was also attached to units within
NATO The North Atlantic Treaty Organization (NATO, ; french: Organisation du traité de l'Atlantique nord, ), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two No ...
(North Atlantic Treaty Organization) and has worked with the Inter-American Defense Board. Brozak resumed active duty service in the Marine Corps immediately after the
September 11 attacks The September 11 attacks, commonly known as 9/11, were four coordinated suicide terrorist attacks carried out by al-Qaeda against the United States on Tuesday, September 11, 2001. That morning, nineteen terrorists hijacked four commercia ...
in 2001 as Officer in Charge of Mobilization Training Unit NY- 17 in New York City. He later served as part of
Operation Enduring Freedom Operation Enduring Freedom (OEF) was the official name used synonymously by the U.S. government for both the War in Afghanistan (2001–2014) and the larger-scale Global War on Terrorism. On 7 October 2001, in response to the September 11 at ...
, leading a team to the Middle East to evaluate National Guard and Reserve mobilization. Upon returning from Iraq, his team wrote a report that criticized the lack of troop strength and drain on the reserves caused by the Iraq/Afghanistan deployments. His subsequent active duty assignment before retiring was Chief Spokesperson for OSD's National Committee for the Employer support of the Guard and Reserve in Washington D.C. Brozak participated as a Marine Corps officer representing the Department of Navy and Marine Corps retirees on th
SECNAV Retiree Council
Brozak was twice awarded the Navy/Marine Corps
Meritorious Service Medal A Meritorious Service Medal is an award presented to denote acts of meritorious service, and sometimes gallantry, that are worthy of recognition. Notable medals with similar names include: *Meritorious Civilian Service Award *Meritorious Service Med ...
, his last one for his efforts in Washington.


Personal life

Born in 1961, Brozak is married and has two children. Brozak has been a resident of
Westfield, New Jersey Westfield is a town in Union County, New Jersey, United States, located southwest of Manhattan. As of the 2010 United States census, the town's population was 30,316,"Ex-Marine Takes Aim At a Republican"
''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'', August 8, 2004. Accessed October 26, 2015. " NOT long ago, Steve Brozak was a little-known Marine officer who had returned home to Westfield from a tour of duty in Iraq, disillusioned with President Bush's handling of the war there."


Published works


"Does the GI Bill Even Work"
CNN, November 11, 2014
"Why the Ebola Crisis Won't End Without Military Intervention"
Businessweek, September 16, 2014
"A 21st Century Nosocomial Issue with Endoscopes"
British Medical Journal, March 19, 2014
"Meningitis Outbreak: Restoring Confidence in the Drug-Industry"
ABC News, October 16, 2012
"A Case for Accelerating Regenerative Medicine"
ABC News, April 12, 2012
"A New American 11/11/11 Day: The Health Care Veterans Deserve"
ABC News, November 11, 2011
"Seeking Innovation: Incentive Funding for Biodefense Biotechs"
Biosecurity and Bioterrorism: Biodefense Strategy, Practice and Science Volume 8, Number 4, 2010.

Nature, the International Weekly Journal of Science, Volume 467, 1031–1033 (28 October 2010).
Fukushima and Nuclear Power: Playing with Fire, April 25, 2011Fukushima: A Nuclear Threat to Japan, the U.S. and the World, April 6, 2011Fukushima Joins Titanic, Katrina as a Single Word for Disaster, March 16, 2011"Winners and Losers of the Greek Financial Crisis"
abcnews.com. May 12, 2010.

Forbes.com. April 23, 2010.
"How the Euro's Woes Could Affect the Economic - and Individual - Health"
abcnews.com. February 25, 2010.
"The Facts Versus the Truth about Swine Flu"
abcnews.com. September 3, 2009.

Forbes.com. April 2, 2009.
"Why Your Health Care Is in Jeopardy"
abcnews.com. February 19, 2009.

Food and Drug Law Journal. January/February 2009.
"The Future of the FDA in the Next Administration"
abcnews.com. October 27, 2008.
"The China Syndrome"
abcnews.com. June 15, 2007.

Marine Corps Gazette. August 2003. *[https://pqasb.pqarchiver.com/mca-marines/access/99648958.html?dids=99648958:99648958:99648958&FMT=ABS&FMTS=ABS:FT:PAGE&date=Jan+2002&author=Stephen+G+Brozak&pub=Marine+Corps+Gazette&edition=&startpage=44&desc=The+Marine+Corps%2C+the+media%2C+and+the+21st+century "The Marine Corps, the media, and the 21st century"] Marine Corps Gazette. January 2002.


References

{{DEFAULTSORT:Brozak, Steve American financial analysts 1961 births Living people American bankers United States Marine Corps officers Columbia Business School alumni Columbia University School of General Studies alumni New Jersey Democrats People from Westfield, New Jersey American chief executives Military personnel from New Jersey