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1 Dundee Park
Andover, MA 1810 USA
phone:(978) 475-7771
fax:(978) 475-8488
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| Symbol |
DIO |
| Exchange |
AMEX |
| Founded |
0 |
| Employees |
81 |
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| www.diomedinc.com
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Laser technologies for varicose veins and other clinical applications. |
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| Management |
| James A. Wylie, Jr., Chief Executive Officer and President; David B. Swank, Chief Financial Officer; Christopher Geberth, Vice President, Finance & Corporate Controller; Cary Paulette, Vice President, North American Sales; John J. Welch, Vice President, North American Marketing; William D. Allan, Managing Director of Diomed. Ltd. |
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| Recent Results |
| For the second quarter ended June 2006, revenues increased 27% to $6.1 million. Net loss fo rthe quarter was $611,000 compared to a loss of $2.7 million in Q2 2005. |
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| Keywords |
| laser, disposables, diode, minimally invasive, varicose veins, endovenous, cancer, photo dynamic therapy, pdt, dental, teeth |
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| Description |
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Diomed Holdings develops and commercializes minimally invasive medical procedures that use its proprietary laser technologies and disposable products. The company focuses on endovenous laser treatment of varicose veins. |
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| Products / Services |
Diomed's EndoVenous Laser Treatment (EVLT) for use in varicose vein treatments include the Delta Laser, the EVLT procedure Kit and EVLT Accessories. Diomed also offers the Luminetx, which makes subcutaneous veins visible to the naked eye. The company also develops and markets lasers and disposable products for photodynamic therapy (PDT) cancer procedures and products for other clinical applications, including dental and general surgical procedures.
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| Technology / Differentiation |
| Minimally and micro-invasive medical procedures typically result in reduced pain and scarring, shorter recovery periods and increased effectiveness compared to traditional surgical procedures. |
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| Market / Customers |
The company sells its products to hospital and office-based physicians, including specialists in vascular surgery, oncology, interventional radiology, phlebology, gynecology and dermatology.
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| Competitors / Substitutes / Alternatives |
AngioDynamics, Laserscope, Lumenis
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| Status |
| On Aug. 5, 2005, the company entered into a distribution agreement with Luminetx Corporation, pursuant to which Luminetx granted Diomed an exclusive right to distribute and sell Luminetx's patented biomedical imaging system known as the VeinViewer. |
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Biotech & Specialty Pharma
Healthcare Services
Medical Devices & Tech
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