| Business Summary | | DocPlanet.com,
Inc.
is
a
complete
pharmaceutical
and
medical
supply
solution
for
healthcare
providers,
including
physicians'
offices,
clinics,
and
other
healthcare
facilities.
The
Company
intends
to
use
the
Internet
to
expand
its
target
markets,
streamline
ordering
and
distribution
processes,
create
financial
incentives
for
physicians
and
enhance
the
quality
of
patient
care.
DocPlanet
has
been
providing
pharmaceutical
products
and
related
software
to
physicians'
offices
for
over
15
years.
The
Company
uses
a
point-of-care
distribution
model
to
allow
physicians
to
offer
both
prescription
and
over-the-counter
(OTC)
pharmaceuticals
directly
to
patients.
Utilizing
its
direct
sales
force,
mail
order
pharmacy
and
its
wholly
owned
Quality
Care
Pharmaceuticals,
Inc.
subsidiary's
ISO
9002
certified
repackaging
and
distribution
facility,
the
Company
already
services
more
than
1,500
customer
sites
across
the
country
and
generates
in
excess
of
$7
million
in
revenue
annually. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | DocPlanet.com
Inc.
is
a
pharmaceutical
and
medical
supply
company
for
healthcare
providers
that
intends
to
use
the
Internet
to
streamline
the
ordering
and
distribution
process
and
enhance
the
quality
of
patient
care.
For
the
nine
months
ended
5/31/00,
net
sales
increased
8%
to
$6.2
million.
Net
loss
totaled
$8.2
million,
up
from
$2.6
million.
Revenues
reflect
a
short-term
contract
for
Point
of
Care
medications.
Higher
loss
reflects
increased
compensation
and
interest
expenses. | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Charles Drummond, 56 Chairman,
CEO and Treasurer | $250K | John Grant, 57 Vice
Chairman, Sec. and COO of Quality Care Phamaceuticals, Inc. | 105K | Dollar
amounts are as of 31-Aug-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
|
|