| Business Summary | | Ocular
Sciences,
Inc.
(Ocular)
is
a
manufacturer
and
marketer
of
soft
contact
lenses.
Ocular
manufactures
a
broad
line
of
soft
contact
lenses
marketed
for
annual
and
disposable
replacement
regimens.
The
Company
believes
that
its
lens
designs
provide
wearers
with
a
higher
level
of
comfort
and
greater
ease
of
handling
than
those
of
its
leading
competitors.
Ocular's
manufacturing
technologies
permit
consistent,
cost-effective
reproduction
of
these
designs,
allowing
the
Company
to
offer
its
lenses
at
competitive
prices.
In
addition,
the
Company
has
implemented
marketing
strategies
designed
to
assist
eyecare
practitioners,
both
in
independent
practice
and
in
retail
chains,
in
retaining
their
patients
and
monitoring
their
patients'
ocular
health.
These
strategies
provide
a
significant
incentive
for
practitioners
to
prescribe
the
Company's
lenses. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Ocular
is
engaged
in
the
design,
manufacture
and
distribution
of
contact
lenses
and
conducts
business
under
the
name
of
Hydron
Biomedics.
For
the
six
months
ended
6/30/01,
revenues
rose
37%
to
$117.9
million.
Net
income
fell
52%
to
$11.9
million.
Revenues
reflect
growth
in
the
company's
existing
product
lines,
and
the
acquisition
of
Essilor.
Earnings
were
offset
by
a
$4.2
million
charge
related
to
acquired
in-process
research
and
development. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| John Fruth, 57 Chairman | $403K | -- | Stephen Fanning, 50 Pres,
CEO, Director | -- | -- | Sidney Landman, 54 CFO,
VP-Fin., Sec., Treasurer | -- | -- | Linda Hoffman, 53 VP-Operations | 742K | $564K | Bradley Jones, 38 VP
of U.S. Sales and Marketing | 373K | 110K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|