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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > RITA Medical Systems, Inc.
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RITA Medical Systems, Inc. |
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NEWS FROM THE WIRES |
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RITA Medical posts loss, sees strong sales growth Jul 24 2001 02:06 PM PDT
> More WIRE STORIES about this company
PROFILE |
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This lovely RITA is no meter maid. RITA Medical Systems makes the RITA system, which is used in minimally invasive or laparoscopic procedures to superheat and kill tumors; the procedure can be performed on an outpatient basis or with a one-day hospital stay. The system consists of a radiofrequency energy generator and disposable accessories. The RITA systems have been approved to treat liver cancer and are sold in Asia, Europe, and the US. The company is developing the use of the system for the treatment of various other cancers. Entities affiliated with Patricof & Co. Ventures and Morgan Stanley Dean Witter own, respectively, 14% and 11% of the company.
COMPETITION |
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BioSphere Medical, Inc. (BSMD)
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Photoelectron Corporation (PHX)
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STOCK ANALYSIS |
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FURTHER ANALYSIS
Advanced Charting
Deals
FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 10.00
1-Yr. Sales Growth: 116.0%
Employees: 88
Revenue per employee: $113,636.36
KEY PEOPLE |
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Barry Cheskin
CEO
Donald J. Stewart
CFO
CONTACT INFO |
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967 N. Shoreline Blvd.
Mountain View, CA 94043
US
Phone: 650-314-3400
Fax: 650-390-8505
Online: Web Site
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Hoover's Company Capsule
Copyright © 2001, Hoover's Inc. Austin, Texas.
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