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November 7, 2000 | MARC BALLON, TIMES STAFF WRITER
ICN Pharmaceuticals Inc. on Monday posted record profit and revenue for the third quarter, powered by the strong performance of its drug that helps treat the liver virus hepatitis C. The Costa Mesa drug maker, which is planning to split into three companies, also should set records in the fourth quarter, Chief Executive Milan Panic said. He said he expects all sectors to perform well the last three months of the year. Net income for the third quarter totaled $36.
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BUSINESS
November 7, 2000 | MARC BALLON, TIMES STAFF WRITER
ICN Pharmaceuticals Inc. on Monday posted record profit and revenue for the third quarter, powered by the strong performance of its drug that helps treat the liver virus hepatitis C. The Costa Mesa drug maker, which is planning to split into three companies, also should set records in the fourth quarter, Chief Executive Milan Panic said. He said he expects all sectors to perform well the last three months of the year. Net income for the third quarter totaled $36.
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BUSINESS
May 17, 1992 | TED JOHNSON, SPECIAL TO THE TIMES
For many Orange County executives, 1991 was a year when their pay packages came under greater shareholder scrutiny and corporate boards were cautious in handing out cash bonuses and perks. It mirrored a trend statewide of keeping executive compensation in line with a company's financial performance. Of the top 100 county executives on the list of publicly traded companies, one-third of the officers saw their cash compensation remain unchanged or had it reduced.
BUSINESS
March 5, 1993 | From Times Staff and Wire Reports
Milan Panic Returns to ICN: Milan Panic, the Southern California businessman who briefly served as Yugoslavia's prime minister, has returned to his duties as chairman of ICN Pharmaceuticals in Costa Mesa, the company announced. Panic took a leave of absence last year when he returned to his native Yugoslavia. He served as prime minister from July until December, when he lost an election to Serbian President Slobodan Milosevic and received a "no confidence" vote from the Serbian parliament.
BUSINESS
August 18, 1987
ICN Biomedicals Inc., a subsidiary of ICN Pharmaceuticals in Costa Mesa, has completed its already-announced acquisition of Radioassay Systems Laboratories and Immuchem Corp. of Carson. Terms of the deal were not disclosed. RSL/Immuchem develops and sells radiological tests used primarily for reproductive endocrinology and other hormonal testing. The 17-year-old company, which has 60 employees, distributes its products throughout the world. Sales totaled $6 million in 1986.
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