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  September 5, 2001
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Home > Company Index > Health Products & Services > Medical Appliances & Equipment > CardioTech International, Inc.

CardioTech International, Inc.
AMEX: CTE
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 PROFILE
If artificial blood becomes a reality, the manufacturers can hook up with CardioTech International, maker of synthetic blood vessels. CardioTech's products replace or bypass damaged and diseased arteries and provide access for dialysis needles in kidney disease patients undergoing hemodialysis. These man-made blood vessels, also called vascular grafts, are made of Chronoflex, the company's polyurethane-based biomaterial. The company's vascular grafts are in clinical trials. CardioTech also makes customized polymer-based biomaterials for use in a variety of medical devices. C. R. Bard and the National Institutes of Health account for the majority of sales. The company is selling its UK subsidiary to relieve debt.

 COMPETITION
C. R. Bard, Inc. (BCR)
Thoratec Corporation (THOR)
W. L. Gore and Associates, Inc. (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2001 Sales (mil.): 1.50
1-Yr. Sales Growth: 0.0%
Employees: 9
Revenue per employee: $166,666.67

 KEY PEOPLE
• Michael Szycher
    CEO
• Michael Szycher
    CFO

 CONTACT INFO
78 E. Olympia Ave.
Woburn, MA 01801
US
Phone: 781-933-4772
Fax: 781-933-3933
Online: Web Site

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