| Business Summary | | Escalon
Medical
Corp.
and
its
subsidiaries,
Sonomed,
Inc.,
Escalon
Pharmaceutical
Inc.,
Escalon
Vascular
Access,
Inc.
and
Escalon
Digital
Vision,
Inc.,
operates
in
the
healthcare
market
specializing
in
the
development,
manufacture,
marketing
and
distribution
of
ophthalmic
medical
devices,
pharmaceutical
and
vascular
access
products.
The
Company
utilizes
strategic
partnerships
to
help
finance
its
development
programs
and
is
also
seeking
acquisitions
to
further
diversify
its
product
line
to
achieve
critical
mass
in
sales
and
take
better
advantage
of
the
Company's
distribution
capabilities. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ESMC
develops,
markets
and
distributes
ophthalmic
medical
devices
and
pharmaceuticals.
The
Co.
is
also
in
the
process
of
developing
ophthalmic
lasers
and
drug
delivery
systems.
For
the
nine
months
ended
3/31/01,
revenues
increased
97%
to
$8.7
million.
Net
income
totaled
$422
thousand
vs.
a
loss
of
$466
thousand.
Results
reflect
the
inclusion
of
revenues
from
the
Sonomed
business
unit,
partially
offset
by
the
absence
of
a
$1.8
million
gain
on
the
sale
of
Silicone
Oil
product
line. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard DePiano, 59 Chairman
of Directors and CEO | $267K | Ronald Hueneke, 57 Pres
and COO | 112K | Harry Rimmer, 53 VP,
Corp. Devel. and Fin., Sec. | -- | Dollar amounts are as of 30-June-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
|
|