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Last $1.44 USD
Change Today 0.00 / 0.00%
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POLXF On Other Exchanges
As of 8:10 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

polydex pharmaceuticals ltd (POLXF) Snapshot

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07/21/15 - $1.49
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polydex pharmaceuticals ltd (POLXF) Details

Polydex Pharmaceuticals Limited, through its subsidiaries, develops, manufactures, and markets biotechnology-based products for the human pharmaceutical market; and manufactures bulk pharmaceutical intermediates for the veterinary pharmaceutical industry worldwide. The company primarily offers Dextran and derivative products, including Iron Dextran, a derivative of Dextran used for the treatment of anemia in pigs; and Dextran Sulphate, a specialty chemical derivative of Dextran used in research applications by the pharmaceutical industry and other centers of chemical research. Polydex Pharmaceuticals Limited company sells its Iron Dextran primarily to independent distributors and wholesalers in Europe, the Far East, South America, and Canada; and Dextran Sulphate to the independent distributors and wholesalers in the United States and Europe for analytical applications. It also develops Ushercell, a high molecular weight Cellulose Sulphate envisioned for topical vaginal use primarily in the prevention and transmission of AIDS and other sexually transmitted diseases, as well as unplanned pregnancies; and Usherdex 4 for the treatment of Cystic fibrosis, a genetic disease. The company was formerly known as Polydex Chemicals Limited and changed its name to Polydex Pharmaceuticals Limited in March 1984. Polydex Pharmaceuticals Limited was founded in 1966 and is based in Toronto, Canada.

21 Employees
Last Reported Date: 04/30/15
Founded in 1966

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polydex pharmaceuticals ltd (POLXF) Key Developments

Polydex Pharmaceuticals Ltd., Annual General Meeting, Aug 28, 2015

Polydex Pharmaceuticals Ltd., Annual General Meeting, Aug 28, 2015., at 10:00 US Eastern Standard Time. Location: at the principal offices of the company located at 421 Comstock Road.

Polydex Pharmaceuticals Limited Reports Financial Results for the First Quarter Ended April 30, 2015

Polydex Pharmaceuticals Limited reported financial results for the first quarter ended April 30, 2015. For the quarter, the company reported sales of $1,561,177 against $1,412,982 a year ago. Net income was $319,727 or 40.09 per diluted share against $74,595 or $0.02 per diluted share a year ago. Profit increased compared to the first quarter of fiscal 2015 due to an increase in powdered product sales. This was facilitated by minimal production breakdowns, which in turn resulted primarily from the significant investment in equipment in previous periods. EBITDA (Earnings before interest, taxes, depreciation and amortization) for the three months ended April 30, 2015 amounts to $368,505, a significant increase over the same period last year of $120,875.

Polydex Pharmaceuticals Limited Announces Earnings Results for Year and Sales Results for the Fourth Quarter Ended January 31, 2015

Polydex Pharmaceuticals Limited announced earnings results for year and sales results for the fourth quarter ended January 31, 2015. For the year, the company reported sales of USD 5,376,027 against USD 5,963,784 a year ago. Net income was USD 578,212 against USD 658,922 a year ago. Diluted income per common share was USD 0.16 against USD 0.20 a year ago. EBITDA amounted to USD 796,268. For the fourth quarter, sales were USD 1,391,739, representing an increase of nearly 4% over the same period in the previous year. Sales decreased slightly from last year due to installation of new equipment.


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