| Business Summary | | LecTec
Corporation
designs,
manufactures
and
markets
diagnostic
electrocardiograph
electrodes,
conductive
and
non-conductive
adhesive
hydrogels,
and
patches
for
the
topical
application
of
over-the-counter
drugs.
The
Company
markets
and
sells
its
products
to
medical
products
distributors,
consumers
through
retail
outlets
(food,
chain
drug
and
mass
merchandise
stores),
consumer
products
companies
and
original
equipment
manufacturers.
All
of
the
products
manufactured
by
the
Company
are
designed
to
be
highly
compatible
with
skin. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | LecTec
Corporation
designs,
manufactures
and
markets
diagnostic
ECG
electrodes,
conductive
and
non-conductive
adhesive
hydrogels,
medical
tapes
and
patches
for
the
tropical
application
of
'OTC'
drugs
and
other
therapeutic
and
skin
care
ointments.
For
the
nine
months
ended
3/31/01,
revenues
rose
21%
to
$12.4
million.
Net
loss
fell
10%
to
$1.8
million.
Results
reflect
increased
sales
of
therapeutic
consumer
products,
partially
offset
by
higher
advertising
expenses. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,512;
after
tax
earnings
were
3,177. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Rodney Young, 45 Chairman,
CEO, Pres | $204K | Douglas Nesbit, 48 CFO | -- | Timothy Fitzgerald, 60 VP-Operations | 40K | John LeGray, 54 VP,
Quality Assurance and Regulatory Affairs | 107K | Timothy Quinn, 39 VP,
Consumer Products | 156K | 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
|
|