| Business Summary | | Dexterity
Surgical,
Inc.
is
engaged
in
the
distribution
of
instruments,
equipment
and
surgical
supplies
used
in
hand-assisted
laparoscopic
surgery
(HALS),
through
an
exclusive
distribution
agreement
with
Weck
Closure
Systems,
LLC.
HALS
is
a
hybrid
between
open
and
laparoscopic
surgery
during
which
the
surgeon
inserts
one
hand
into
the
abdominal
cavity
during
laparoscopic
surgery.
The
Company's
proprietary
products
are
the
Dexterity
PneumoSleeve
and
the
Dexterity
Protractor.
The
Pneumo
Sleeve
is
a
device
that
allows
the
surgeon
to
insert
one
hand
into
the
abdominal
cavity
while
preserving
pneumoperitoneum
during
laparoscopic
surgery.
In
addition
to
being
used
with
the
Dexterity
Pneumo
Sleeve,
the
Dexterity
Protractor
is
used
as
a
stand-alone
product
for
open
surgery,
providing
atraumatic
retraction
and
wound
protection. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Dexterity
Surgical
distributes
instruments,
equipment
and
surgical
supplies
used
in
hand-assisted
laparoscopic
surgery,
through
a
distribution
agreement
with
Weck
Closure
Systems,
LLC.
For
the
six
months
ended
6/30/01,
revenues
decreased
44%
to
$2.4
million.
Net
loss
applicable
to
Common
decreased
31%
to
$1.6
million.
Revenues
reflect
lower
sales
due
to
the
cancelation
of
the
GSI
agreement.
Lower
loss
reflects
cost
cutting
efforts. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Richard Woodfield, 58 Pres,
CEO | $175K | Randall Boatright, 52 Exec.
VP, CFO, Sec. | 168K | Frederic Feiler, Jr., 41 VP
of Marketing | 151K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|