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Home > Company Index > Health Products & Services > Medical Instruments & Supplies > Radiance Medical Systems, Inc.

Radiance Medical Systems, Inc.
Nasdaq: RADX
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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

More WIRE STORIES about this company

 PROFILE
Radiance Medical Systems keeps the walls from closing in. The company has developed the RDX System, which uses a catheter to deliver beta (or low penetration) radiation for the prevention of restenosis (in which coronary arteries close back up after such vascular procedures as angioplasty and stenting). The system may also be useful in treating other vascular conditions. The company also makes coronary stents, catheters, and related products, which are sold in the US, Europe, and Japan. Radiance has a licensing agreement with Guidant. The company was known as Cardiovascular Dynamics prior to its purchase of Radiance Medical.

 COMPETITION
Medtronic, Inc. (MDT)
Novoste Corporation (NOVT)

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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 8.90
1-Yr. Sales Growth: 32.8%
Employees: 66
Revenue per employee: $134,848.48

 KEY PEOPLE
• Jeffrey H. Thiel
    CEO
• Stephen R. Kroll
    CFO

 CONTACT INFO
13700 Alton Pkwy., Ste. 160
Irvine, CA 92618
US
Phone: 949-457-9546
Fax: 949-457-9561
Online: Web Site

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