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

Closure Medical Corporation
Nasdaq: CLSR
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 NEWS FROM THE WIRES
Small-cap stocks: Healthcare favored on earnings strength
Jul 31 2001 09:43 AM PDT

Closure Medical adopts shareholder rights plan
Jul 30 2001 02:14 PM PDT

Closure Medical reports Q2 profit on strong sales
Jul 24 2001 01:33 PM PDT

More WIRE STORIES about this company

 PROFILE
Closure Medical may not be able to heal your unresolved childhood psychological traumas, but it can seal the lacerations that might have accompanied them. Closure's main product, Dermabond, is a tissue glue designed to close cuts and wounds. Dermabond forms a flexible, waterproof coating over the wound that keeps it clean, making sutures and bandages unnecessary. The firm's products are based on cyanoacrylate, an adhesive material compatible with living tissue. Closure also makes adhesives for animal wounds and canker sore relief, and has additional products in development. The company has a marketing pact with Johnson & Johnson subsidiary Ethicon. Co-founders Rolf and William Schmidt own more than 40% of Closure.

 COMPETITION
Cohesion Technologies, Inc. (CSON)
Tyco International Ltd. (TYC)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 13.70
1-Yr. Sales Growth: 2.2%
Employees: 80
Revenue per employee: $171,250.00

 KEY PEOPLE
• Robert V. Toni
    CEO
• Benny Ward
    CFO

 CONTACT INFO
5250 Greens Dairy Rd.
Raleigh, NC 27616
US
Phone: 919-876-7800
Fax: 919-790-1041
Online: Web Site

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