| Business Summary | | GalaGen
Inc.
is
engaged
in
the
development
of
foods,
beverages
and
dietary
supplements
that
help
enhance
the
immune
system
and
take
advantage
of
all
of
the
benefits
offered
by
colostrum.
The
Company
is
focusing
its
efforts
on
channels
that
demand
immune-enhancing
benefits
in
certain
segments
of
the
consumer
food
and
beverage
product
markets
and
in
certain
segments
of
the
dietary
supplement
markets.
In
addition,
the
Company
continues
to
market
its
critical
care
line
of
products
through
its
licensee
partner,
Hormel
HealthLabs,
a
subsidiary
of
Hormel
Foods
Corporation.
The
Company's
immune-enhancing
ingredient
is
derived
from
bovine
colostrum,
the
first
milk
from
a
dairy
cow
after
its
calf
is
born,
and
has
been
branded,
Proventra
Brand
Natural
Immune
Components.
The
primary
immune-enhancing
components
of
Proventra
are
antibodies,
which
are
proteins
that
enhance
the
body's
immune
system
to
protect
against
harmful
pathogens. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | GalaGen
Inc.
is
a
nutritional
products
company
which
is
developing
a
line
of
immume-enhancing
nutritional
products
and
beverages
using
its
proprietary
dairy
ingredient
technology.
For
the
six
months
ended
6/30/01,
revenues
fell
60%
to
$130
thousand.
Net
loss
before
acctg.
change
fell
16%
to
$1.8
million.
Revenues
primarily
reflect
lower
product
development
income.
Lower
loss
reflects
reduced
marketing,
product
development
and
amortization
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Robert Hoerr, M.D., Ph.D., 51 Chairman,
CTO | $370K | Henry Cardello, 49 Pres,
CEO, Director | 403K | Franklin Kuhar, 44 CFO,
VP, Sec. | 180K | Michael Cady, 48 VP,
Manufacturing and Engineering | 159K | Eileen Bostwick, Ph.D., 50 VP
of R&D | 150K | 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
|
|