Sealcorp punt starts to pay off

Article Abstract:

Sealcorp Holdings, purchased in 1998 by St. George Bank, has continued to grow as its own funds administration entity. Total funds under management has reached $6.5 billion, an increase of $1.5 billion from 1998. New superannuation administration could bring in more than $1 billion in 2000. Sealcorp also uses computer systems that handle the complexities of funds administration and will continue to invest in the information technology platform. Research and development spending will rise from $3.5 million in 1998-99 to $8.5 in 1999-2000.

Financial Holding Companies, Offices of Bank Holding Companies, Holding Offices, Pension Fund Administration, Management, Financial services industry, Financial services, Pension funds, Financial management, St. George Bank, Sealcorp Holdings

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Cancer treatment helps the corporate prognosis

Article Abstract:

Excellent results from a breast cancer treatment study have helped boost Meditech Research's market capitalization from $3 million in early 1999 to $42 million by the end of the year. This is welcome news for long-suffering shareholders in the company.

Research and Development in the Physical, Engineering, and Life Sciences, Research and Testing Services, Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, Medical Research, Pharmaceutical industry, Drugs, Names, Hyal Pharmaceutical Australia Ltd., Meditech Research

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