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Home > Company Index > Health Products & Services > Medical Appliances & Equipment > The Spectranetics Corporation

The Spectranetics Corporation
Nasdaq: SPNC
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 PROFILE
The Spectranetics Corporation takes its mission to heart: The company develops, markets, and distributes an excimer laser system, which is used to treat various coronary and vascular conditions. Its CVX-300 laser unit and fiber-optic delivery devices (disposable catheters and sheaths) remove partial or total arterial blockages caused by plaque buildup; the laser system can also be used to remove pacemaker wires and implanted devices. The company's direct sales force focuses on the major cardiac catheterization labs and teaching hospitals in the US and Canada. Subsidiary Spectranetics International sells the company's products in Europe, South America, Asia, the Middle East, and Australia.

 COMPETITION
Boston Scientific Corporation (BSX)
CardioGenesis Corporation (CGCP)
Guidant Corporation (GDT)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 26.90
1-Yr. Sales Growth: 20.6%
Employees: 152
Revenue per employee: $176,973.68

 KEY PEOPLE
• Joseph A. Largey
    CEO
• Paul Samek
    CFO

 CONTACT INFO
96 Talamine Ct.
Colorado Springs, CO 80907
US
Phone: 719-633-8333
Fax: 719-633-2248
Online: Web Site

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