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Jonathan Ross Goodman one of the Caldwell Partners 'Top 40 Under 40'

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Published: 5 May 2003

Jonathan Ross Goodman, MBA'94, President and CEO, Paladin Labs Inc., Montreal, and sessional at the Faculty of Management, has been selected as one of the Caldwell Partners "Top 40 Under 40."

Paladin, which licenses and sells brand-name pharmaceuticals, is on steroids, both literally and metaphorically. The company's lead product is the testosterone patch Androderm — the only one approved for men in Canada. Last year, Paladin sold $1.4 million worth, and Goodman hopes it will win the lion's share of what may soon be a $100-million market of aging baby boomers. A lawyer and graduate of the London School of Economics, Goodman started Paladin in 1996 at age 28, with $1 million raised on the Vancouver Stock Exchange. Today the company has $45 million in cash, no debt, several profitable product lines, and a revenue target of $26 million for 2003. "We think we will be able to grow the business at 20% plus for the foreseeable future," he says.

Role Model: "My father. He's CEO of the third-largest generic pharmaceutical manufacturer and distributor in Canada [Pharmascience Inc.]. He started off delivering prescriptions on his bicycle when he was ten. He's been creating things ever since. I hope my legs carry me that far."

Canada's Top 40 Under 40 is a national program founded and managed by the Caldwell Partners to celebrate the leaders of today and tomorrow, and to honour Canadians who have reached a significant level of success but have not yet reached the age of 40. For more information on Caldwell Partners Top 40 Under 40 visit their website.

Source Site: /desautels
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