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Biopool International Inc

BUSINESS
March 23, 1993 | JACK SEARLES JACK SEARLES
Two Ventura County firms are planning to raise cash through stock sales--in one case, to purchase a holding company that was set up in an unsuccessful takeover attempt. California Amplifier Inc., a Camarillo producer of equipment used in distributing TV signals by microwave, is seeking Securities and Exchange Commission approval for a proposed offering of 1 million common shares.
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BUSINESS
March 16, 1993
Biopool International Inc., a Ventura maker of blood diagnostic kits, reported profits for the fourth quarter and all of 1992, in contrast with year-earlier losses. Biopool earned $188,292 in the three months that ended Dec. 31, while its sales rose 26% to $956,898. A year earlier, it lost $202,470 on $762,160 in sales. The company said its full-year profit totaled $626,670, compared to a loss of $351,652 in 1991, and its annual sales jumped 83%, to $4.87 million from $2.66 million.
BUSINESS
February 23, 1993
Biopool International, which makes medical testing equipment, plans to distribute products from its MeDiTech subsidiary in China and Hong Kong, the company said. Ventura-based Biopool said the distribution will be handled by Letrich Industries, which is headquartered in Hong Kong.
BUSINESS
January 26, 1993 | JACK SEARLES JACK SEARLES
Biopool International Inc., a Ventura-based producer of test kits for diagnosing blood, vascular and other disorders, has been granted two new patents and has nearly doubled its sales in the past year, said Michael D. Bick, chief executive officer. One of the patents is for an improved method of collecting samples used in testing blood clotting and dissolving, Bick said.
BUSINESS
November 10, 1992
Biopool International Inc., a Ventura marketer of medical test kits sold to hospitals and laboratories, posted a third-quarter profit of $145,169 compared with a year-earlier loss of $101,444. The profit in the quarter ended Sept. 30 came as Biopool's sales more than doubled, to $1.26 million from $549,759 a year earlier. The company said the gains reflected wider distribution of its equipment and new-product introductions.
BUSINESS
November 3, 1992 | JACK SEARLES
Biopool International Inc., a Ventura firm that produces medical diagnostic kits, has received approval from the Food and Drug Administration to market two new kits. The first, called the Minutex D-Dimer, tests patients for deep-vein thrombosis or blood clots, said Michael D. Bick, Biopool's chief executive. He said the kit is less costly and takes less time than other tests now being used.
BUSINESS
May 19, 1992
Biopool International Inc., a Ventura provider of medical diagnostic test kits, said it earned $121,496 in the first quarter, its first operating profit since the company's founding in 1987. The profit in the quarter that ended March 31 compared with a year-earlier loss of $48,301, and came on a 68% jump in its sales, to $1.18 million from $704,200.
BUSINESS
April 14, 1992 | JACK SEARLES
Biopool International Inc. of Ventura received approval from Mexico's Ministry of Health for the sale in that country of Biopool's blood diagnostic test kits. Dr. Michael Bick, Biopool's chief executive officer, declined to estimate how much the approval will add to his company's sales, but said, "We certainly think Mexico will become a major market for us." Biopool manufactures about 30 diagnostic kits used by hospitals and labs worldwide to test for blood and heart disorders.
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