| Business Summary | | Bionutrics,
Inc.
is
a
biopharmaceutical
company
founded
to
discover,
develop
and
apply
novel
biologically
active
compounds
from
natural
sources.
The
Company
operates
in
the
field
of
functional
nutrition
(the
marriage
of
drugs
and
food)
by
providing
food
ingredients
that
can
prevent
and
even
cure
diagnosed
diseases.
Bionutrics'
business
model
is
to
source
biologically
active
compounds
from
food
commodity
processing
by-product
streams
and
develop
these
compounds
as
proprietary
functional
nutrition
and/or
ethical
drug
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bionutrics
Inc.
is
a
biopharmaceutical
company
engaged
in
discovering,
developing,
and
applying
novel
biologically
active
compounds
derived
from
natural
sources.
For
the
six
months
ended
4/30/01,
revenues
fell
83%
to
$31
thousand.
Net
loss
rose
1%
to
$1.5
million.
Revenues
reflect
curtailment
of
advertising
and
support
for
the
brand
evolvE(R)
as
a
result
of
financial
restraints.
Higher
loss
reflects
an
increase
in
legal
and
accounting
services. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Ronald Lane, Ph.D., 56 Chairman,
Pres, CEO, Sec. and Treasurer | $205K | John Palmer, 58 CEO,
InCon Processing, LLC, Chairman and CEO, InCon Technologies Inc. and InCon International Ltd. | 204K | Howard Schneider, Ph.D., 62 Pres
of LipoGenics, Inc | 154K | Richard Mott, 68 VP
of Sales, Bionutrics Health Products, Inc. | 107K | Dollar
amounts are as of 31-Oct-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|