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Home > Company Index > Drugs > Biotechnology-Medicine > Paligent Inc.

Paligent Inc.
OTC: HVDC
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 NEWS FROM THE STANDARD
Dying Online
Oct 08 1999 12:00 AM PDT

 PROFILE
Paligent has closed its HeavenlyDoor.com but is waiting for a breakthrough. The company, formerly known as HeavenlyDoor.com, sold its Web site, which aided in the pre-planning of funeral arrangements; it had planned to expand its focus to include a broader range of services for seniors. In the meantime, Paligent subsidiary Procept, a biotechnology firm, sold its research equipment and licensed its drug candidates (one for sexually transmitted diseases and the other a chemotherapy enhancer) to Interneuron Pharmaceuticals and AOI Pharmaceuticals. The firm kept certain rights to the drugs, but the AOI deal is in dispute with a third party. Entities associated with Dr. Lindsay Rosenwald own about 40% of the company.

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 0.30
1-Yr. Sales Growth: 154.0%
Employees: 2
Revenue per employee: $150,000.00

 KEY PEOPLE
• Salvatore A. Bucci
    CEO

 CONTACT INFO
369 Lexington Ave.
New York, NY 02139
US
Phone: 212-453-3111
Fax: -

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