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435 Devon Park Drive Building 100 Wayne, PA 19087 USA phone:610-688-6830 fax:610-688-3641
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| Symbol |
ESMC |
| Exchange |
NSDQ |
| Founded |
1987 |
| Employees |
200 |
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| www.escalonmed.com
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Diversified device company focusing on the areas of ophthalmology, diabetes, hematology and vascular access |
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| Management |
| Richard J. DePiano, Chairman and Chief Executive Officer; Richard J. DePiano, Jr., President and General Counsel; Robert M. O'Connor, Chief Financial Officer |
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| Recent Results |
| Escalon reported $7.8 million in revenues for the third quarter ended March 2006 - an 8.5% increase. The net loss was $546,000 - a 22.5% improvement vs. Q3 2005. |
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| Keywords |
| Ophthalmology, eye, vision, vascular, vascular access, diagnostics, ophthalmic, digital, imaging, ultrasound, eye surgery, ultrasound, j2008 |
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| Description |
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Escalon Medical Corp. is comprised of several subsidiaries: Sonomed, Escalon Vascular Access, Drew Scientific, Escalon Digital Solutions (formerly EMI), and Trek. The combined companies are develop, market, and distribute ophthalmic diagnostic, surgical and pharmaceutical products, vascular access devices, as well as instrumentation and consumables for the diagnosis and monitoring of medical disorders in human and veterinary hematology and blood chemistry. |
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| Products / Services |
Sonomed develops ultrasound systems for diagnostic applications in ophthalmology, including the recently released VuMax-II. Sonomed also develops the PacScan, a portable, digital, A-scan and/or pachymeter, and the EZScan, a compact system which comes as either a stand alone B-scan or as an A/B-scan combination system.
Esclalon Vascular Access' PDAccess uses Ultrasound Doppler technology to access intended vessels quickly and accurately. This device is used in cardiac catheterization, interventional radiology labs, anesthesia and critical care settings.
Drew Scientific manufactures and markets instruments and associated consumables for blood analysis, diagnosis and monitoring of human and veterinary diseases. The product line includes Trilogy, a recently released human blood, chemistry analyzer that measures the concentration of various blood components including, cholesterol, calcium and iron.
Escalon Digital Solutions markets digital imaging systems for photographing the retina, a necessary step in the diagnosis and treatment of retinal diseases and other ophthalmic pathologies. The company offers a full line of products incorporating up to 6 mega pixel full-frame sensors to maximize sensitivity providing color imaging and fluoroscein angiography.
Trek manufactures ophthalmic surgical products primarily for use in vitreoretinal surgery. The principal product lines include implantable intraocular gases, viscous fluid transfer systems, and fiber optic illuminated instruments, used in pars plana vitrectomy surgery for the treatment of vitreous and retinal disorders, including retinal detachment.
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| Market / Customers |
The company's customers include teaching institutions, key hospitals and eye surgery centers.
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| Competitors / Substitutes / Alternatives |
Bausch & Lomb
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| Status |
| Escalon utilizes strategic partnerships to help finance its development programs and is also seeking acquisitions to further diversify its product line to achieve critical mass in sales and take better advantage of the company's distribution capabilities. |
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