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Home > Company Index > Drugs > Biotechnology-Medicine > Axcan Pharma Inc.

Axcan Pharma Inc.
Nasdaq: AXCA
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 NEWS FROM THE WIRES
Axcan Pharma income meets estimates, revenues soar
Aug 16 2001 07:01 AM PDT

Axcan Pharma income meets estimates, revenues soar
Aug 16 2001 07:01 AM PDT

More WIRE STORIES about this company

 PROFILE
Axcan Pharma makes and markets pharmaceuticals mainly to treat gastrointestinal ailments. Top-seller ULTRASE, acquired when the company bought US firm Scandipharm, targets pancreatic problems related to cystic fibrosis. URSO is used to dissolve gallstones and to treat liver diseases. The company also owns the global rights to PHOTOFRIN, a drug developed by QLT with applications for esophageal, gastric, and lung cancers. Other products include caloric supplements and multivitamins for cystic fibrosis patients and over-the-counter antacids. Axcan primarily markets its prescription drugs directly to gastroenterologists. A subsidiary of Caisse de dépôt et placement du Québec owns nearly 20% of the company.

 COMPETITION
Galen Holdings PLC (GALN)
Novartis AG (NVS)
Solvay S.A. (SVYSY)

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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 87.50
1-Yr. Sales Growth: 97.9%
Employees: 92
Revenue per employee: $951,086.96

 KEY PEOPLE
• Léon F. Gosselin
    CEO
• Jean Vézina
    CFO

 CONTACT INFO
597 Laurier Blvd.
Mont-Saint-Hilaire Quebec J3H 6C4, Canada
Phone: 1-450-467-5138
Fax: 1-450-464-9979
Online: Web Site

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