| Business Summary | | World
Diagnostics,
Inc.
is
an
early
stage
business
that
serves
the
growing
international
demand
for
medical
diagnostic
tests
and
allied
laboratory
products.
The
Company
is
a
single
source
supplier
and
exporter
of
approximately
1,000
Company
branded
medical
diagnostic
test
kits
and
allied
laboratory
products.
The
products
are
marketed
through
the
Company's
website,
www.GLOBALeMED.com,
and
its
distributor
network.
The
Company
has
developed
and
distributes,
under
its
own
brand
name,
a
range
of
rapid
immunodiagnostic
products
for
point-of-care
testing
of
certain
human
medical
conditions
and
infectious
diseases,
in
addition
to
other
medical
diagnostic
tests
and
allied
laboratory
products.
The
Company's
various
rapid
diagnostic
test
kits
incorporate
proprietary,
genetically
engineered
technology
to
diagnose
infectious
diseases,
such
as
HIV,
Cholera,
Hepatitis
and
Tuberculosis,
as
well
as
various
sexually
transmitted
diseases. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | WDGI
is
a
supplier
and
exporter
of
Company
branded
medical
diagnostic
test
kits
and
allied
laboratory
products.
For
the
three
months
ended
6/30/01,
revenues
rose
24%
to
$745
thousand.
Net
loss
before
extraordinary
item
totaled
$582
thousand,
up
from
$246
thousand.
Revenues
reflect
an
increase
in
the
number
of
sales
generated
by
distributors,
particularly
in
South
America.
Net
loss
reflects
increased
S/G/A
expenses
due
to
additional
personnel
and
non-cash
compensation. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Barry Peters, 60 Chairman,
Treasurer | -- | Ken Peters, 54 Pres,
CEO, Director | $58K | Paul Kamps, 37 Exec.
VP-Fin. and Admin. | -- | Maureen Besson, 37 VP-Operations,
Sec. | -- | Kenneth Lambley, 61 VP
of Sales and Marketing | -- | Dollar amounts are as of 31-Mar-2001 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
|
|