Abstract: The present invention comprises an in-line mixer apparatus for creating output emulsions, homogeneous blends, suspensions and dispersions of pharmaceutical, biological, cosmetic, chemical and food compositions. The mixer includes a drive motor arranged around a support, the motor having an output shaft extending therefrom which is connectable to a drive head. A seal hub is arranged around the shaft, and a plurality of alternation foraminous stator plates and rotors are also arranged about the shaft. An inlet and an emulsion or dispersion discharge is arranged in the drive head. Each of the rotors comprises a plurality of projections for improved compound flow therepast, each projection having a leading cutting edge blade arranged at an acute angle with respect to a frame portion of said rotor member.