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  September 5, 2001
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Home > Company Index > Drugs > Drugs - Generic > Halsey Drug Co., Inc.

Halsey Drug Co., Inc.
OTC: HDGC
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 PROFILE
Halsey Drug Co. plays the no-name game. It makes, sells, and distributes generic drugs and develops bulk chemical products for resale. Antibiotics and narcotic analgesics account for almost two-thirds of the company's sales. Other drug products include antihistamines, anti-infectives, antituberculars, cough suppressants, and steroids. These are sold under the Halsey label and under the private labels of drugstore chains and drug wholesalers. The company manufactures its products at facilities in New York and Indiana. Halsey is also buying the rights to some 50 drugs from Barr Laboratories. Health care investment firm Galen Partners owns a majority of the company.

 COMPETITION
Barr Laboratories, Inc. (BRL)
Hi-Tech Pharmacal Co., Inc. (HITK)
Mylan Laboratories Inc. (MYL)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 20.20
1-Yr. Sales Growth: 77.4%
Employees: 110
Revenue per employee: $183,636.36

 KEY PEOPLE
• Michael K. Reicher
    CEO
• Peter A. Clemens
    CFO

 CONTACT INFO
695 N. Perryville Rd.
Rockford, IL 61107
US
Phone: 815-399-2060
Fax: 815-399-9710
Online: Web Site

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