| Business Summary | | Advanced
Nutraceuticals,
Inc.
is
a
holding
company,
which
through
its
subsidiaries,
Bactolac
Pharmaceutical
Inc.
and
ASH
Corp.,
manufactures
nutraceutical
and
pharmaceutical
products.
Bactolac
is
engaged
in
the
formulation,
manufacturing
and
packaging
of
encapsulated
and
compressed
tablets
and
powder
blended
vitamins
and
related
nutritional
supplements.
ASHCO,
which
is
operated
as
a
division
of
Bactolac,
is
engaged
primarily
in
the
contract
manufacture
of
liquid
and
powder
pharmaceutical
products.
Bactolac
and
ASHCO
also
provide
private
label
contract
and
over-the-counter
manufacturing
services
to
various
companies
engaged
in
the
marketing
and
distribution
of
vitamins,
mineral
supplements,
herbs
and
other
health
and
nutrition
consumer
products
and
over-the-counter
drugs. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Advanced
Nutraceuticals,
a
holding
company,
develops
products
that
are
designed
for
health-conscious
consumers,
and
sells
those
products
through
its
network
of
approximately
67,000
distributors.
For
the
nine
months
ended
6/30/01,
net
sales
rose
25%
to
$14.4
million.
Net
loss
from
continuing
operations
totaled
$526
thousand,
up
from
$10
thousand.
Revenues
reflect
an
increase
in
sales
of
Bactolac.
Loss
reflects
increased
administrative
expenses
and
additional
personnel
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Gregory Pusey, 48 Chairman | $95K | David Bertrand, 57 Pres | 248K | Pailla Reddy, Ph.D., 41 Pres,
CEO and Chairman of Directors of Bactolac | 219K | Neil Sirkin, 37 Pres
of ASHCO Division | 125K | Jana Mitcham, 52 Exec.
VP, Sec., Director | 247K | Dollar amounts are as of 30-Sep-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
|
|