| Business Summary | | Medical
Discoveries,
Inc.
is
a
development-stage
company
that
is
investing
all
of
its
resources
in
the
testing,
development
and
commercialization
of
MDI-P
(Medical
Discoveries,
Inc.-Pharmaceutical)
and
its
other
technologies.
The
Company
is
attempting
to
raise
additional
funding
to
continue
development
of
its
technologies
and
to
submit
its
technologies
to
appropriate
regulatory
agencies
to
secure
approvals
when
required
for
the
marketing
and
use
of
its
products.
MDI-P
appears
to
have
the
ability
to
destroy
certain
viruses,
bacteria
and
fungi.
MDI-P
may
possibly
be
used
as
a
sterilizing
agent
for
medical
and
dental
instruments,
and
may
also
potentially
be
used
to
remove
or
inactivate
infectious
agents
in
human
and
animal
blood-derived
products
such
as
plasma
and
gamma
globulin.
MDI-P
is
produced
by
the
electrolysis
of
saline,
using
a
patented
instrument
with
proprietary
electrodes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Medical
Discoveries,
Inc.
is
a
developmental
stage
bio-pharmaceutical
company
that
has
developed
a
technology
(MDI-P)
that
appears
to
have
the
ability
to
destroy
certain
viruses
and
bacteria.
For
the
three
months
ended
3/01,
revenues
fell
from
$8
thousand
to
$0.
Net
loss
totalled
$130
thousand,
up
from
$59
thousand.
Revenues
reflect
the
absence
of
sales
of
the
Company's
skin
care
products.
Higher
loss
reflects
an
increase
in
travel,
salary,
accounting
and
legal
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY2000 Pay | |
| David Walker, 56 Chairman | -- | Judy Robinett, 48 CEO,
Director | $20K | William Novick, Jr., Ph.D., 69 VP,
CTO | -- | 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.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|