| | Business Summary | | Crown
Laboratories
Inc.
is
engaged
in
the
development
of,
and
intends
to
manufacture
and
market,
a
proprietary
line
of
pharmaceutically
balanced
nutritional
products
designed
for
the
special
needs
of
residents
in
nursing
homes
and
patients
in
hospitals.
The
Company's
products
will
be
provided
in
aseptically
sealed,
ready-to-drink
packages.
Product
formulations
are
designed
to
provide
a
maximum
of
nutrient
and
caloric
support
in
easily
consumable
forms.
The
Company
currently
intends
to
offer
four
liquid
nutritional
products
and
26
dry-mixed
products
for
use
by
individuals
with
dietary
restrictions,
including
low-sodium
and
diabetic
diets.
The
Company's
liquid
nutritional
product
line
will
consist
of
both
standard
products
for
nursing
homes
(nutritional
supplements
and
milkshake-type
products
in
a
variety
of
flavors)
as
well
as
specialized
products
targeted
towards
patients
with
kidney
dysfunction
and
tube
feeding
needs. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Crown
Laboratories
Inc.
develops,
manufactures
and
markets
a
proprietary
line
of
pharmaceutically-balanced
nutritional
products
designed
for
the
special
needs
of
residents
in
nursing
homes
and
patients
in
hospitals.
For
the
six
months
ended
6/98,
revenues
fell
70%
to
$25
thousand.
Net
loss
rose
9%
to
$2.1
million.
Revenues
reflect
lower
sales
of
liquid
nutritional
and
dry
mix
products.
Higher
loss
was
partially
offset
by
significantly
reduced
overhead
expenses. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY1997 Pay | |
| Craig Nash, 43
Chairman
and CEO | $70K | Scott Nash, 43
Vice
Chairman and Pres | -- | | Dollar amounts are as of 31-Dec-1997 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
|
|
