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Athol Street Pharmaceuticals based in the Isle of Man, owns Quartzsite Medical Limited and Biostability Limited.
Quartzsite is a global distribution company which supplies active pharmaceutical ingredients to the pharmaceutical, biotechnological, diagnostic and cosmetic industries. In the year to January 31st 2010 Quartzsite generated revenues of £606,000, a pre-tax profit of £36,000 and as at 23rd November 2010 it had net cash of £4,000.
Biostability is a developer of temperature stabilisation technologies and owns a wide range of patents developed by Professor Bruce Roser.