| Business Summary | | First
Horizon
Pharmaceutical
Corporation
is
a
specialty
pharmaceutical
company
that
markets
and
sells
brand
name
prescription
drugs.
The
Company
focuses
on
the
treatment
of
chronic
conditions,
including
cardiovascular
diseases,
and
respiratory,
gastroenterological
and
gynecological
disorders.
The
Company's
strategy
is
to
acquire
pharmaceutical
products,
which
other
companies
do
not
actively
market,
that
may
have
high
sales
growth
potential,
are
promotion-sensitive
and
complement
the
Company's
existing
products.
Key
First
Horizon
products
include
Nitrolingual
Pumpspray,
Robinul
and
Robinul
Forte,
Tanafed
and
Ponstel.
In
addition,
the
Company
intends
to
develop
new
patentable
formulations,
use
new
delivery
methods
and
seek
regulatory
approval
for
new
indications
of
existing
drugs.
The
Company
may
also
acquire
companies
with
complementary
products. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Horizon
Pharmaceutical
markets
and
sells
brand
name
prescription
drugs,
focusing
on
the
treatment
of
chronic
conditions,
including
cardiovascular
diseases,
respiratory
and
gastroenterological
disorders,
and
pain
and
inflammation.
For
the
six
months
ended
6/30/01,
net
revenues
rose
70%
to
$25.4
million.
Net
income
totaled
$3.5
million,
up
from
$138
thousand.
Results
reflect
increased
sales
and
marketing
efforts
and
improved
operating
margins
due
to
higher
sales. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Mahendra Shah, Ph.D., 56 Chairman,
CEO | $162K | -- | R. Brent Dixon, 56 Pres,
Director | 132K | -- | Balaji Venkataraman, 34 Exec.
VP, CFO, Sec. | 120K | -- | Robert Godfrey, Jr., 37 VP
of Sales | 110K | $108K | Andrew Shales VP
of Marketing | -- | -- | 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
|
|