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Home > Company Index > Drugs > Biotechnology-Medicine > Miravant Medical Technologies

Miravant Medical Technologies
Nasdaq: MRVT
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 PROFILE
Miravant Medical Technologies wants to shed a little light on diseases in such fields as oncology and ophthalmology. Miravant is using its proprietary PhotoPoint technologies to develop drugs and devices for use in photodynamic therapy, a medical technology that uses light to activate drugs. The company's main focus is age-related macular degeneration (AMD), a condition that causes blood vessels to grow abnormally under the surface of the retina, leading to blindness. Miravant and partners Pharmacia, which owns about 12% of the company, and IRIDEX are developing lead product candidate SnET2 for AMD. SnET2 may also treat cardiovascular diseases, cancer, and dermatology conditions.

 COMPETITION
DUSA Pharmaceuticals, Inc. (DUSA)
Photogen Technologies, Inc. (PHGN)
QLT Inc. (QLTI)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4.60
1-Yr. Sales Growth: (68.5)%
Employees: 144
Revenue per employee: $31,944.44

 KEY PEOPLE
• Gary S. Kledzik
    CEO
• John M. Philpott
    CFO

 CONTACT INFO
336 Bollay Dr.
Santa Barbara, CA 93117
US
Phone: 805-685-9880
Fax: 805-685-2959
Online: Web Site

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