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Home > Company Index > Health Products & Services > Medical Appliances & Equipment > PLC Systems Inc.

PLC Systems Inc.
AMEX: PLC
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 NEWS FROM THE STANDARD
U.K. Fraud Squad Cracks Down on Free ISP
Dec 16 1999 12:00 AM PST

CWC Sinks $165 Million Into Digital Cable 'TV Mall'
Aug 20 1998 12:00 AM PDT

 PROFILE
PLC Systems likes to play Cupid. Through its PLC Medical Systems subsidiary, the company makes carbon dioxide lasers to treat coronary artery disease. The company's Heart Laser System performs transmyocardial revascularization (or TMR) as an alternative to such conventional therapies as coronary artery bypass surgery and balloon angioplasty. In TMR, a laser creates 20 to 40 channels from the exterior of the heart muscle into the interior of the left ventricle, resulting in increased blood flow. PLC Systems markets its Heart Laser System in Asia, Europe, and the US. It has also begun marketing Heart Laser 2, a smaller version of the system that allows for greater mobility. Edwards Lifesciences owns about 26% of PLC.

 COMPETITION
Baxter International Inc. (BAX)
CardioGenesis Corporation (CGCP)
PhotoMedex, Inc. (PHMD)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 10.20
1-Yr. Sales Growth: (12.1)%
Employees: 46
Revenue per employee: $221,739.13

 KEY PEOPLE
• Mark R. Tauscher
    CEO
• James G. Thomasch
    CFO

 CONTACT INFO
10 Forge Park
Franklin, MA 02038
US
Phone: 508-541-8800
Fax: 508-541-7944
Online: Web Site

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