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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > VidaMed, Inc.

VidaMed, Inc.
Nasdaq (SC): VIDA
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 PROFILE
Sorry, Charlie, but VidaMed is angling to corner the TUNA market. The company's primary product, the Trans Urethral Needle Ablation (TUNA) system, is used to treat enlarged prostate glands, a condition which afflicts nearly half of men by age 50. The FDA-approved system offers a minimally invasive alternative to drug therapy or traditional surgery. It uses radio waves to destroy part of the enlarged tissue and can be performed on an outpatient basis under local anesthesia. The company has also developed the Precision system, an even faster version of the TUNA. VidaMed markets to urologists, surgery centers, and hospitals on a fee-per-use basis. Medical equipment maker Medtronic owns about a fifth of the firm.

 COMPETITION
EDAP TMS S.A. (EDAPY)
ENDOcare, Inc. (ENDO)
Urologix, Inc. (ULGX)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 8.20
1-Yr. Sales Growth: 39.0%
Employees: 74
Revenue per employee: $110,810.81

 KEY PEOPLE
• Randy Lindholm
    CEO
• John F. Howe
    CFO

 CONTACT INFO
46107 Landing Pkwy.
Fremont, CA 94538
US
Phone: 510-492-4900
Fax: 510-492-4999
Online: Web Site

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