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BUSINESS
October 8, 1991
Survival Technology Inc., a health-care technology company, reported yesterday that smaller margins on non-military products offset a 44 percent jump in revenues and led to a drop in operating income during its fourth quarter, which ended July 31.The Bethesda-based company's net earnings of 15 cents a share were identical to the per-share figurefrom the comparable quarter of 1990, but 7 cents of the 1991 quarter's earnings represented extraordinary earnings...
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BUSINESS
March 11, 1995
Survival Technology Inc.Rockville.. .. .. .. .. .. .. .. .. ..Ticker .. .. .. .. ..Yesterday's.. .. .. .. .. .. .. .. .. ..Symbol .. .. .Cls... .. .. .Chg... .. .. .. .. .. .. .. .. ...STIQ .. .. ...8 1/4 .. .. .. .. .- 1/2Period ended1/31 .. .. .. .. .. .. .. .2nd qtr. .. ..Year ago .. ...Chg.Revenue .. .. .. .. .. .. ..$6,400 .. .. ..$6,300 .. ..+1.6%Net Income .. .. .. .. .. .. ..$24 .. .. .. .$501 .. .-95.2%Primary EPS .. .. .. .. .. ..$0.01 .. .. ...$0.16 .. .-93.8%.. .. .. .. .. .. .. .. .. ..6 mos. .. ..Year ago .. ...Chg.
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BUSINESS
By Staff Report | November 17, 1993
Survival Technology Inc. of Rockville will produce pre-measured self-injection kits of eight medicines under a licensing agreement with Lotus Biochemical Corp., STI announced yesterday.The agreement will expand a plan under which Survival Technology and Lotus have worked together on a morphine self-injection device for home use under an approval recently granted by the U.S. Food and Drug Administration. That device is expected to go on the market next year."This alliance will have a far-reaching impact in the growing home health care market because of the unique cost-saving and quality-of-life benefits these innovative products offer," said James H. Miller, president of STI.The device is a spinoff from patented technology that STI used to prepare self-dosage injection kits of gas warfare antidotes for troops in the Persian Gulf war. It is intended to allow the patient to use medications at home with a pen-sized injector that gives a precisely measured dose without the user handling a needle.
BUSINESS
August 3, 1994
Business failures up in Md.Maryland was one of only five states where the number of business failures rose during the first half of the year, said a survey released yesterday, as economic growth in major industries pushed failures down 20 percent nationwide.A total of 36,790 U.S. businesses failed during the period, compared with 45,906 during the first half of 1993, Dun & Bradstreet reported.The only states with a rise in failures were Arkansas, 45 percent; Montana, 30 percent; Oregon, 25 percent; Maryland, 8 percent; and Washington state, 3 percent.
BUSINESS
March 16, 1994
Survival Technology Inc.Ticker .. ... ... Yesterday's Symbol .. ... .. .Cls. .. Chg.STIQ .. ... ... ..12 .. ..-1 1/4Period ended1/31/94 .. .. .. 2nd qtr. .. ... ...Year ago .. ... .. Chg.Revenue .. ... ..$6,300 .. ... ... .$8,000 .. ... ..-21.3%Net Income .. .. $501 .. ... ... .. $425 .. ... ... .+17.9%Primary EPS .. ..$0.16 .. ... ... ..$0.14 .. ... ... +14.3%.. ... ... ... ..6 mos. ... ... ... Year ago ... ... ..Chg.Revenue ... ... $13,000 ... ... ... $17,300 .. .. .. -24.9%Net Income .. ..$1,052 .. ... ... ..$1,031 .. ... ... +2.0%Primary EPS .. .$0.34 .. ... ... .. $0.34 .. .. ... .. 0.0%Figures in thousands (except per share data.
BUSINESS
March 16, 1991
Survival Technology Inc.The Bethesda-based company that supplies nerve-gas antidote to the Defense Department said that the Persian Gulf war helped to boost its second-quarter profits by more than 250 percent.The company said that it expects to complete delivery of all of its current orders from the Pentagon by May. Management expects to get new orders as the Defense Department moves to replenish supplies used during the conflict.Survival Technology doesn't make the nerve-gas antidote itself; the company makes the "auto-injector" that is filled with the antidote and used to administer it.The company also makes syringe systems for drugs that have nothing to do with the military.
BUSINESS
By David Conn and David Conn,Sun Staff Writer | March 8, 1994
Survival Technology Inc., a Rockville company that makes automatic syringes, said yesterday that the estate of its late founder wants to sell its 61 percent share in the company, and Survival has hired Merrill Lynch, Pierce, Fenner & Smith Inc. to recommend ways to do that.Dr. Stanley J. Sarnoff died in May 1990, but his estate still holds about 1.9 million shares of Survival Technology, which designs and produces automatic injectors, prefilled syringes and medical electronics.Dr. Sarnoff, a cardiologist by training, had set up an endowment to help sponsor cardiovascular research by medical students, according to Jeffrey W. Church, vice president and chief financial officer of Survival Technology.
BUSINESS
August 3, 1994
Business failures up in Md.Maryland was one of only five states where the number of business failures rose during the first half of the year, said a survey released yesterday, as economic growth in major industries pushed failures down 20 percent nationwide.A total of 36,790 U.S. businesses failed during the period, compared with 45,906 during the first half of 1993, Dun & Bradstreet reported.The only states with a rise in failures were Arkansas, 45 percent; Montana, 30 percent; Oregon, 25 percent; Maryland, 8 percent; and Washington state, 3 percent.
BUSINESS
October 11, 1990
Survival Technology Inc.Survival Technology Inc., based in Bethesda, reported yesterday a fiscal 1990 loss of $360,900 or 13 cents a share.The company, which makes military auto-injectors containing nerve gas antidotes for the Defense Department, said it expects to report a profit in its fiscal year ending July 31, 1991, partly because of anticipated sales of its commercial products to Bristol-Myers and Syntex Laboratories Inc. and continued growth in...
BUSINESS
March 16, 1994
Survival Technology Inc.Ticker .. ... ... Yesterday's Symbol .. ... .. .Cls. .. Chg.STIQ .. ... ... ..12 .. ..-1 1/4Period ended1/31/94 .. .. .. 2nd qtr. .. ... ...Year ago .. ... .. Chg.Revenue .. ... ..$6,300 .. ... ... .$8,000 .. ... ..-21.3%Net Income .. .. $501 .. ... ... .. $425 .. ... ... .+17.9%Primary EPS .. ..$0.16 .. ... ... ..$0.14 .. ... ... +14.3%.. ... ... ... ..6 mos. ... ... ... Year ago ... ... ..Chg.Revenue ... ... $13,000 ... ... ... $17,300 .. .. .. -24.9%Net Income .. ..$1,052 .. ... ... ..$1,031 .. ... ... +2.0%Primary EPS .. .$0.34 .. ... ... .. $0.34 .. .. ... .. 0.0%Figures in thousands (except per share data.
BUSINESS
By David Conn and David Conn,Sun Staff Writer | March 8, 1994
Survival Technology Inc., a Rockville company that makes automatic syringes, said yesterday that the estate of its late founder wants to sell its 61 percent share in the company, and Survival has hired Merrill Lynch, Pierce, Fenner & Smith Inc. to recommend ways to do that.Dr. Stanley J. Sarnoff died in May 1990, but his estate still holds about 1.9 million shares of Survival Technology, which designs and produces automatic injectors, prefilled syringes and medical electronics.Dr. Sarnoff, a cardiologist by training, had set up an endowment to help sponsor cardiovascular research by medical students, according to Jeffrey W. Church, vice president and chief financial officer of Survival Technology.
BUSINESS
December 3, 1993
Consumer income, spending upAmericans' incomes are increasing in response to a gradually improving job market, just in time for holiday shopping.Personal income rose 0.6 percent, the third increase in a row, to a seasonally adjusted annual rate of $5.47 trillion, the Commerce Department said yesterday. Consumer spending, meanwhile, advanced for the seventh consecutive month, rising 0.8 percent, to a $4.47 trillion annual rate.In other economic reports yesterday: New-home sales fell 6.5 percent, to a seasonally adjusted annual rate of 679,000.
BUSINESS
By Staff Report | November 17, 1993
Survival Technology Inc. of Rockville will produce pre-measured self-injection kits of eight medicines under a licensing agreement with Lotus Biochemical Corp., STI announced yesterday.The agreement will expand a plan under which Survival Technology and Lotus have worked together on a morphine self-injection device for home use under an approval recently granted by the U.S. Food and Drug Administration. That device is expected to go on the market next year."This alliance will have a far-reaching impact in the growing home health care market because of the unique cost-saving and quality-of-life benefits these innovative products offer," said James H. Miller, president of STI.The device is a spinoff from patented technology that STI used to prepare self-dosage injection kits of gas warfare antidotes for troops in the Persian Gulf war. It is intended to allow the patient to use medications at home with a pen-sized injector that gives a precisely measured dose without the user handling a needle.
BUSINESS
March 16, 1991
Survival Technology Inc.The Bethesda-based company that supplies nerve-gas antidote to the Defense Department said that the Persian Gulf war helped to boost its second-quarter profits by more than 250 percent.The company said that it expects to complete delivery of all of its current orders from the Pentagon by May. Management expects to get new orders as the Defense Department moves to replenish supplies used during the conflict.Survival Technology doesn't make the nerve-gas antidote itself; the company makes the "auto-injector" that is filled with the antidote and used to administer it.The company also makes syringe systems for drugs that have nothing to do with the military.
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