BioWorld® - Medical Device Daily

BioWorld Industrial Biotechnology StatReport: Immediate and Comprehensive Industry Information
EMPLOYEES: 4,667 employees
Andrew K. Mittag; Sr. VP, Corporate Development and Strategy
Kevin Helash; VP, Marketing and Distribution
Stephen Dyer; VP, Manufacturing
HISTORY: Founded in 1990
Acquired AgBiologicals division of Esso/Exxon
Acquired Microbials Division of Allelix Crop Technologies
Changed name from Cominco Fertilizers Ltd. AgBiologicals (1995)
Changed name from Agrium Inc. AgBiologicals (1996)
Acquired Nu-Gro fertilizer technology and professional products businesses
from Spectrum Brands Inc. (1/06)
STOCK-FINANCIAL HISTORY: NYSE--AGU / TSX--AGU
Net sales $3.294b (YE 05) compared to $2.838b (YE 04)
Net earnings $283M (YE 05) compared to $266M (YE 04)
Earnings per share $2.14/share (YE 05) compared to $2.03/share (YE 04)
Total assets $2.785b (YE 05) compared to $2.661b (YE 04)
BUSINESS STRATEGY: Develop and commercialize new products and services for agricultural crops
RESEARCH & DEVELOPMENT: Specialty controlled-release fertilizers
Microbial inoculants for nutritional, environmental, pest and disease stresses
PRODUCTS ON MARKET: RhizUp legume inoculant
Enfix legume inoculant
AtEze bacterial inoculant
PRODUCTS IN DEVELOPMENT: Name Status
Controlled-release fertilizers test market
Biological control agents test market
High-sulfur fertilizers test market
Plant growth promoters test market
Insect pheromone mating disruption test market
Ag-West Bio Inc.
101-111 Research Drive
Saskatoon S7N 3R2, Canada
Phone: (306) 975-1939; Fax: (306) 975-1966
Web: www.agwest.sk.ca
E-mail: agwest@agwest.sk.ca
KEY PERSONNEL: Armand Lavoie; Chairman
Dr. Ashley O'Sullivan; CEO and President
Ron Kehrig; VP, BioProducts and BioProcesses
Dr. Lisette Mascarenhas; VP, Health and Nutrition
Muriel Adams; GM
Janice Tranburg; Director, Regulatory Affairs
EMPLOYEES: 10+ employees
HISTORY: Ag-West Botech Inc. was founded in 1989 as nonprofit company in
partnership with the government of Saskatchewan to bring new technologies
to Saskatchewan as well as commercialize technologies developed in the
province
Joined forces with Bio-Products Saskatchewan and Saskatchewan
Nutraceutical Network to create Ag-West Bio Inc. (4/04)
Member--Biotechnology Industry Organization
STOCK-FINANCIAL HISTORY: Nonprofit agency
FINANCIAL INFORMATION: Funding provided by Saskatchewan Agriculture and Food
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