Medical Nutrition USA branded products gain
This article was originally published in The Tan Sheet
Executive Summary
The maker of Pro-Stat liquid protein products reports branded sales rose more than 35 percent in its fiscal 2010 first quarter. Medical Nutrition's net sales in the February-April period increased 29.7 percent to $4.4 million, while net income improved to $153,600 from a $143,900 loss in the year-ago period, the firm said June 3. Englewood, N.J.-based Medical Nutrition also noted a clinical study published in the journal Urology shows 91 percent of women with recurrent urinary tract infections were symptom-free while taking the firm's UTI-Stat product