BNET Industries

Market Cap:$12.0M
  • Public
  • US
Dow Jones Description

Bactolac Pharmaceutical, Inc. has built a reputation as a trusted leader in the nutraceutical industry with advanced product formulation and development, superior manufacturing with comprehensive in-process quality control and tailored product packaging. We excel in our ability to custom-formulate exceptional, well-researched products for our client-partners who have come to look to us to supply their private label products with the effectiveness and differentiation that truly makes them stand out in the marketplace. Wea re known for creating and manufacturing exciting, innovative formulas including weight loss, sports nutrition, energy products, antioxidant, formulas designed specifically for men, women and children, stress formulas, relaxation formulas, life extension, immune enhancement, brain products, cleansing products, cholesterol products, liver formulas and hundreds of herbal remedies. Our client-partners also rely on us to provide valuable assistance in the areas of regulatory compliance, strategic marketing, product positioning, and implementation from package design through distribution. We are completely committed to the success of every one of our client-partners and dedicate ourselves to quality and efficiency. We provide custom formulation and quality manufacturing for your existing formulas and welcome the opportunity to provide our experience and expertise to your business...

President and CEO
Pailla M Reddy
Number of Employees 75
Contact Information

7 Oser Ave

Hauppauge, New York 11788-3808

www.bactolac.co...

1 631 951 4908

NAICS Code Drugs and Druggists' Sundries Merchant Wholesalers: 424210

Decision Makers

Name (plus bio) Position
Pailla M Reddy President and CEO
Renee Reynolds Cfo
Jeff McGonegal Senior Vice President, Finance
Vijay N. Puntambekar Vice President, Operations
Gregory Pusey Director
Hanummantha Davuluri Manager, Formulation Dept
Pylla C. Reddy Production Manager
Satyanarayana Kakumanu Manager, Quality Control
Vanessa Jackson Manager, Quality Control
Alix Villedrouin Controller
Amer Y Isber
Rao Davuluri

Dr. Reddy, as President and CEO of Bactolac Pharmaceuticals, manages and organizes operations, develops formulations and oversees the selection and procurement of all raw materials. With over 18 years experience, Dr. Reddy has served in various positions in the pharmaceutical field in Lagos, Nigeria and in New York. He is a graduate of Kanpur University in India, holding a Ph.D. and Masters in Organic Chemistry and a B.S. in Chemistry with a focus in genetics and botany.

Organization Position Status
Bactolac Pharmaceutical, Inc President and CEO Current

Ms. Reynolds has served as Chief Financial Officer of the Company since May 2006. Prior to joining the company, Ms. Reynolds has served as Corporate Controller and Chief Financial Officer for Direct Marketing and Media companies for the last 20 years. Ms. Reynolds also has served as CEO of her own financial consulting company, Reynolds Financial Solutions. At the start of her career, Ms. Reynolds had spent several years in public accounting with KPMG on Long Island at which point she became a certified public accountant in the state of New York and is a member of the AICPA. Ms. Reynolds graduated cum laude from Hofstra University with a BBA degree in Accounting in 1982.

Organization Position Status
Bactolac Pharmaceutical, Inc Cfo Current
Hofstra University Bba Degree In Accounting Former

Jeffery McGonegal became Chief Financial Officer of the Company in June 2003 and served as interim President in December 2004 and January 2005. Mr. McGonegal also serves as Chief Executive Officer and Chief Financial Officer of Security With Advanced Technology, Inc. (Nasdaq: SWAT), a publicly held provider of hardware and software security related products, Mr. McGonegal also serves as Senior Vice President Finance of Cambridge Holdings, Ltd., a small publicly held company with limited activities. Since 1997, Mr. McGonegal has served as Managing Director of McGonegal and Co., a company engaged in providing accounting and business consulting services. From 1974 to 1997, Mr. McGonegal was an accountant with BDO Seidman LLP. While at BDO Seidman LLP, Mr. McGonegal served as managing partner of the Denver, Colorado office. Mr. McGonegal was elected in 2005 to serve on the board of Imagenetix, Inc., a publicly held company in the nutritional supplements industry. He received a B.A. degree in accounting from Florida State University.

Organization Position Status
Advanced Technology Incorporated Chief Executive Officer Current
Pepperball Technologies, Incorporated Chief Executive Officer Current
Aspenbio Pharma, Inc. Interim President & Chief Financial Officer Current
A4S Security, Inc. CFO Current
Aspenbio, Inc. Cfo Current
Pepperball Technologies, Incorporated Chief Financial Officer Current
Bactolac Pharmaceutical, Inc Senior Vice President, Finance Current
Cambridge Holdings, Ltd. Senior Vice President Current
Bactolac Pharmaceutical, Inc. Senior Vice President Current
Imagenetix, Inc. Board of Directors Current
A4S Security, Inc. Board of Directors Current
Bactolac Pharmaceutical, Inc. Secretary Current
Applied Medical Devices, Inc. Member of the Board of Directors Current
Smart Move, Inc. Board of Directors Current
Gosmartmove.Com Board of Directors Current
Bactolac Pharmaceutical, Inc. President, CFO & Secretary, Finance Former
Advanced Technology Incorporated Chief Financial Officer Former
BDO Seidman, LLP Managing Partner Former
Bactolac Pharmaceutical, Inc Corporate Secretary Former
BDO Seidman, LLP Accountant Former
Florida State University B.A. Degree In Accounting Former
Applied Medical Devices, Inc. member Former

Organization Position Status
Bactolac Pharmaceutical, Inc Vice President, Operations Current

Organization Position Status
Cambridge Holdings, Ltd. President Current
Bactolac Pharmaceutical, Inc Director Current
Advanced Technology Incorporated Director of Security Current
Aspenbio Pharma, Inc. Chairman and Director Current
Aspenbio, Inc. Chairman, Secretary and Director Current
A4S Security, Inc. Chairman & Secretary Current
Advanced Technology Incorporated Chairman Current
Bactolac Pharmaceutical, Inc. Director Current
Cambridge Holdings, Ltd. Director Current
Bactolac Pharmaceutical, Inc Director Current
A4S Security, Inc. Board of Directors Current
Bactolac Pharmaceutical, Inc. President Former
Bactolac Pharmaceutical, Inc. * Former
Aspenbio, Inc. Director Former
Boston College B.S. Degree In Finance Former

Organization Position Status
Bactolac Pharmaceutical, Inc Manager, Formulation Dept Current

Organization Position Status
Bactolac Pharmaceutical, Inc Production Manager Current

Organization Position Status
Bactolac Pharmaceutical, Inc Manager, Quality Control Current

Mrs. Jackson is currently the Acting Manager of the Quality Control Department at Bactolac since April 2005; Vanessa is the senior Chemist since May 2000. Vanessa Graduated Magna Cum Laude with a degree in Forensic Science from John Jay College of criminal Justice, NY (2001); she also hold a bachelor degree of Arts with a major in Psychology in 1993. Her specific discipline, forensic toxicology background, has provided her with a vast knowledge of pharmaceuticals, as well as instrumental analysis. As a senior chemist of the quality control division, in charge of the analytical operations since 2000, Mrs. Jackson has become well versed with all aspect of laboratory operations, including SOPa s GLP, GMP, cGMP, and documentation.

Organization Position Status
Bactolac Pharmaceutical, Inc Manager, Quality Control Current

Mr. Villedrouin is the Controller at Bactolac Pharmaceutical. Alix studied Business administration abroad. Before joining BPI, he held various key positions in the Banking industry for 11 years such as Assistant branch Manager, Portfolio Manager, Treasury Operation manager. He worked for several distinguished banks such as Fleet Bank, Dime savings bank, Banque National De Paris, CFS bank.

Organization Position Status
Bactolac Pharmaceutical, Inc Controller Current

Mr. Isber is currently the senior analytical chemist at the company since November 2000. From 1990 to 2000, Mr. Isber gave lectures at the Pharmacy college of Damascus university, Syria. He also worked as production supervisor from 1990 to 1993 at AI-Sham Pharmaceutical Co. in Syria. Mr. Isber obtained his Ph.D. Pharmaceutical Sciences degree from Lvov Medical institute, Ukraine (1990). He also holds his Post Diploma in Pharmaceutical Chemistry from Ukrainian Medical institute, Ukraine (1986), and his bachelor of Pharmacy and Pharmaceutical chemistry from Damascus University, Syria (1982).

Organization Position Status
Bactolac Pharmaceutical, Inc Current

Organization Position Status
Bactolac Pharmaceutical, Inc Current
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     BTCA $25000.00 0.00 (0.00% )
Average Volume -
Shares Outstanding -
Market Cap -
Year High 30000
Year Low 25000
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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