| Business Summary | | Commonwealth
Biotechnologies,
Inc.
(CBI)
provides
research
and
development
support
services
on
a
contract
basis
to
the
biotechnology
industry.
The
Company's
customers
consist
of
private
companies,
academic
institutions
and
government
agencies,
all
of
which
use
biological
processes
to
develop
products
for
healthcare,
agricultural
and
other
purposes.
The
Company's
revenues
are
derived
principally
from
providing
macromolecular
synthetic
and
analytical
services
to
researchers
in
the
biotechnology
industry,
or
to
researchers
who
are
engaged
in
life
sciences
research
in
government
or
academic
labs
throughout
the
world.
The
Company's
approach
to
providing
services
is
called
Concept-to-Clinic,
which
consists
of
design,
development,
implementation
and
testing.
CBI
provides
the
required
services
for
a
start-up
company
with
research
and
development
needs,
or
an
established
firm
wishing
to
move
a
product
through
clinical
regulation. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Commonwealth
Biotechnologies
provides
sophisticated
research
and
development
support
services
on
a
contract
basis
to
the
biotechnology
industry.
For
the
six
months
ended
6/30/01,
revenues
rose
22%
to
$2.8
million.
Net
loss
totalled
$621
thousand
vs.
income
of
$9
thousand.
Results
reflect
increased
revenues
from
commercial
contracts
and
initial
revenue
from
clinical
services
and
licensing
fees,
offset
by
increased
compensation,
marketing
and
depreciation
expenditures. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Richard Freer, Ph.D., 58 Chairman | $208K | -- | Robert Harris, Ph.D., 49 Pres | 209K | $281K | Thomas Reynolds, 38 Sr.
VP, Sec. | 147K | 128K | James Brennan, 48 Controller | -- | -- | 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.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|