Medical Devices

Biomet reports loss on special charges

July 15, 2009
 IBJ Staff
Biomet Inc. yesterday reported a $170.9 million loss in its fiscal fourth quarter as the result of more than $300 million in special charges.
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Endocyte, Purdue develop prostate cancer treatment device

July 13, 2009
 IBJ Staff
Purdue University researcher Philip Low, also the chief science officer for West Lafayette-based Endocyte Inc., has developed a prostate cancer “homing device” to help anti-cancer agents specifically target prostate cancer tumors.

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Commercializing science takes too long, Cook saysRestricted Content

May 25, 2009
Taking science from the laboratory to the commercial market takes too much time and is littered with potential pitfalls along the way.
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Simple invention targets blanket problem for surgical patientsRestricted Content

May 25, 2009
Chris O'Malley
In a state steeped in advanced research that spawns biomedical companies by the dozen, Apricity LLC is preposterously low-tech, given that its latest product is nothing more than a warm blanket.
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After two decades, future bright for Catheter Research Inc.Restricted Content

February 23, 2009
J.K. Wall
Catheter Research Inc. now is flying high—even in the midst of a bad economy.
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Startup NICO raises another $1.73MRestricted Content

February 16, 2009
Indianapolis-based medical-device startup NICO Corp. has raised $1.73 million from investors.
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Startup NICO Corp. hopes to commercialize brain surgery deviceRestricted Content

April 21, 2008
Peter Schnitzler
Economists call it a "virtuous cycle" when successful entrepreneurs plow their gains into new businesses. Jim Pearson calls it another day on the job. The former Suros Surgical Systems Inc. CEO is attempting to repeat what he already has done: Build a company to bring a promising medical device all the way from the drawing board to the market.
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Advantis Medical Inc. finds niche making orthopedic supplies

March 14, 2005
Ed Callahan
Advantis Medical Inc. manufactures custom trays and cases for orthopedic surgical devices. That core product line brought Advantis some $5.2 million in revenue in 2004, double the amount of the previous year, said Advantis President Jim Spencer.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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