| Business Summary | | Drugmax.com,
Inc.
is
primarily
a
full-line,
wholesale
distributor
of
pharmaceuticals,
over-the-counter
products,
health
and
beauty
care
products
and
nutritional
supplements.
The
Company
is
an
Internet
business-to-business
pharmaceutical
marketer
and
a
business-to-business
online
trade
exchange
for
the
same
products.
The
Company
distributes
its
products
to
independent
pharmacies
in
the
continental
United
States
and
to
small
and
medium-sized
pharmacy
chains,
alternative
care
facilities
and
other
wholesalers
and
retailers,
and
maintains
an
inventory
of
over
2,000
stock-keeping
units.
Since
the
early
December
1999
launch
of
its
Website,
www.drugmax.com,
over
9,000
independent
pharmacies,
small
regional
pharmacy
chains,
wholesalers
and
distributors
have
registered
to
purchase
products
through
the
Company's
Website. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Drugmax.com,
Inc.
operates
an
online
portal
for
pharmaceuticals,
over-the-counter
drugs,
health
and
beauty
care
products,
and
private
label
nutritional
supplemements.
For
the
three
months
ended
6/30/01,
revenues
totalled
$70.9
million,
up
from
$28.8
million.
Net
income
totalled
$884
thousand
vs.
a
loss
of
$1.5
million.
Revenues
reflect
the
acquisitions
of
Becan,
Discount,
Desktop,
VetMall
and
Valley.
Earnings
reflect
increased
gross
profit
margins
and
decreased
amortization
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2001 Pay | |
| Jugal Taneja, 57 Chairman,
CEO | $100K | William LaGamba, 41 Pres,
COO, Sec., Director | 150K | Ronald Patrick, 53 CFO,
VP-Fin., Treasurer, Director | 125K | Dollar amounts are as of 31-Mar-2001 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
|
|