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Home > Company Index > Health Products & Services > Medical Appliances & Equipment > MiniMed Inc.

MiniMed Inc.
Nasdaq: MNMD
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 NEWS FROM THE WIRES
MiniMed says Q2 profits rose 9 percent
Jul 18 2001 04:16 AM PDT

More WIRE STORIES about this company

 PROFILE
MiniMed has nothing to do with Dr. Evil. The firm makes external insulin pumps and related products for the treatment of diabetes. Its pumps deliver hundreds of tiny infusions of insulin, thus replacing the need for injections; its implantable insulin pump is approved for sale in Europe. MiniMed also makes continuous glucose monitors and it has an alliance with United Therapeutics to retool its pumps to deliver blood pressure drugs. Through subsidiary Home Medical Supply, MiniMed distributes diabetes products and supplies; the company also operates a pharmacy. Chairman and CEO Alfred Mann owns more than 25% of the firm, which is being bought by Medtronic.

 COMPETITION
Chronimed Inc. (CHMDE)
PolyMedica Corporation (PLMD)
Transworld HealthCare, Inc. (TWH)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 294.40
1-Yr. Sales Growth: 38.7%
Employees: 1,539
Revenue per employee: $191,293.05

 KEY PEOPLE
• Alfred E. Mann
    CEO
• Kevin R. Sayer
    CFO

 CONTACT INFO
18000 Devonshire St.
Northridge, CA 91325
US
Phone: 818-362-5958
Fax: 818-364-2247
Online: Web Site

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