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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > Vascular Solutions, Inc.

Vascular Solutions, Inc.
Nasdaq: VASC
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 PROFILE
Vascular Solutions helps answer that age-old question, "How do you mend a broken heart?" The company has developed the Vascular Solutions Duett device, which uses a balloon catheter and proprietary blood-clotting cocktail of collagen, diluent, and thrombin to seal arterial punctures following such procedures as angiography, angioplasty, and stenting. The company markets the device through its own sales team in the US; it uses independent distributors overseas except in Germany, where its Vascular Solutions GmbH subsidiary handles sales. Europe accounts for about a third of revenues. Investment firm Stephens Inc. and venture capital company Olympic Venture Partners each own about a fifth of Vascular Solutions.

 COMPETITION
Datascope Corp. (DSCP)
Kensey Nash Corporation (KNSY)
St. Jude Medical, Inc. (STJ)

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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 6.20
1-Yr. Sales Growth: 342.9%
Employees: 136
Revenue per employee: $45,588.24

 KEY PEOPLE
• Howard Root
    CEO
• Jerry Johnson
    CFO

 CONTACT INFO
2495 Xenium Ln. North
Minneapolis, MN 55441
US
Phone: 763-656-4300
Fax: 763-656-4250
Online: Web Site

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