| Business Summary | | PharmaNetics,
Inc.,
through
its
wholly
owned
subsidiary
Cardiovascular
Diagnostics,
Inc.
(CVDI),
develops,
manufactures
and
markets
rapid
turnaround
diagnostics
to
assess
blood
clot
formation
and
dissolution.
CVDI's
products
include
a
proprietary
analyzer
and
dry
chemistry
tests,
known
as
the
Thrombolytic
Assessment
System,
which
provides,
at
the
point
of
patient
care,
rapid
and
accurate
evaluation
of
hemostasis.
CVDI
is
also
establishing
itself
in
the
emerging
field
of
theranostics,
or
rapid
near-patient
testing,
in
which
the
diagnostic
results
may
influence
treatment
decisions.
CVDI's
current
tests
and
tests
under
development
are
used
in
the
treatment
of
angina,
heart
attack,
stroke,
deep
vein
thrombosis
and
pulmonary
and
arterial
emboli. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | PharmaNetics,
Inc.,
a
holding
company,
develops,
markets
and
manufactures
a
proprietary
cardiovascular
diagnostic
test
system
that
provides
rapid
and
accurate
evaluation
of
hemostasis
at
the
point
of
patient
care.
For
the
three
months
ended
3/31/01,
revenues
fell
46%
to
$802
thousand.
Net
loss
applicable
to
Common
rose
29%
to
$1.9
million.
Revenues
reflect
lower
sales
of
analyzers
to
Bayer.
Higher
losses
reflect
headcount
additions
and
budget
increases. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,322;
after
tax
earnings
were
-2,333. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY1999 Pay | |
| John Funkhouser, 46 Chairman,
Pres, CEO | $236K | Michael Riddle, 46 Exec.
VP of Sales, Marketing and Bus. Devel. | 165K | Dick Timmons, II, 54 VP-
Manufacturing and COO | 147K | Peter Scott, 51 VP
of Quality Assurance and Regulatory Affairs | 126K | Mark Triscott, Ph.D. VP-R&D | -- | Dollar
amounts are as of 31-Dec-1999 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
|
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