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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > Novoste Corporation

Novoste Corporation
Nasdaq: NOVT
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 NEWS FROM THE WIRES
RESEARCH ALERT-Medicare payment rates for ICDs to drop
Jul 31 2001 10:57 AM PDT

RESEARCH ALERT-Medicare payment rates for ICDs to drop
Jul 31 2001 10:57 AM PDT

Small-cap stocks: Healthcare favored on earnings strength
Jul 31 2001 09:43 AM PDT

Novoste Q2 loss narrows as revenues rise
Jul 18 2001 06:17 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
The Hush Before the Meeting
Mar 19 2001 08:40 AM PST

 PROFILE
When angioplasty needs a blast, Novoste will be there. The company has developed the Beta-Cath system, which uses radiation to help keep arteries open following a coronary angioplasty and stent implantation. Some patients who receive angioplasty (to clear a clogged artery) and a stent (to keep the artery open) afterward experience arterial scarring, which reblocks blood flow. The Beta-Cath system fights scarring by applying localized beta (or low penetration) radiation to the inner wall of the artery. A catheter inserted at the arm or leg is guided to the artery, and the radiation is transferred via a handheld device. The system is approved for use in the US and Europe.

 COMPETITION
Guidant Corporation (GDT)
Medtronic, Inc. (MDT)
Radiance Medical Systems, Inc. (RADX)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6.50
1-Yr. Sales Growth: 261.1%
Employees: 236
Revenue per employee: $27,542.37

 KEY PEOPLE
• William A. Hawkins
    CEO
• Edwin B. Cordell
    CFO

 CONTACT INFO
3890 Steve Reynolds Blvd.
Norcross, GA 30093
US
Phone: 770-717-0904
Fax: 770-717-1455
Online: Web Site

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