BNET Industries

Market Cap:$382.4M
Last Fiscal Year Sales:$166.5M
  • Public
  • US
Dow Jones Description

To provide benefits to patients by being the leader in the design, development, manufacturing, and marketing of innovative, proprietary, therapeutic devices used by interventionalists and surgeons for the minimally invasive treatment of peripheral vascular disease, tumor therapy and other non-vascular disease.

President, Chief Executive Officer
Johannes C. Keltjens
Number of Employees 566
Contact Information

603 Queensbury Ave

Queensbury, New York 12804-7619

angiodynamics.c...

(518) 798-1215

NAICS Code Surgical and Medical Instrument Manufacturing: 339112

Recent Events

  • AngioDynamics Appoints Stephen McGill as Senior Vice President and General Manager, International

    10/27/09 - Mgmt. Change Entering - General Manager - View Story

  • AngioDynamics Reports Fiscal First Quarter 2010 Financial Results

    10/06/09 - Mgmt. Change Entering - General Manager - View Story

  • Yum! Net Up 18%; AngioDynamics Sales Rise 13%

    10/07/09 - Financial Announcement - View Story

  • AngioDynamics Introduces DuraMax" Chronic Dialysis Catheter at 2009 CIRSE Scientific Meeting

    9/23/09 - Product Announcement - View Story

  • AngioDynamics Appoints Shawn McCarthy Senior Vice President and General Manager of Its...

    7/21/09 - Mgmt. Change Entering - General Manager - View Story

  • PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, July 21, 2009: ANGO, LWSN, SUPG, TRLG, DIOD and...

    7/21/09 - Mgmt. Change - Entering - View Story

  • AngioDynamics CEO to open Nasdaq

    7/20/09 - Financial Announcement - View Story

News & Analysis

angiodynamics inc. and finance - All News and Analysis

Decision Makers

Name (plus bio) Position
Johannes C. Keltjens President, Chief Executive Officer
D. Joseph Gersuk CFO & Executive Vice President
Joseph G Gerardi Vice President, Chief Financial Officer, Treasurer
Joseph Gersuk Chief Financial Officer
Mitchell Robert Executive Vice President and COO
Appling William Senior Vice President, R&D
David McDonald Senior Vice President, Business Dev
Harold C Mapes Senior Vice President, Operations
Soto John Senior Vice President, Global Sales
William M Appling Senior Vice President, Advanced Res
Agustin Gago Vice President, Intl IRE Sales
Daniel K. Recinella Vice President, Product Dev
Gerardi Joseph Vice President
Kunst Brian Vice President, Regulatory Affairs
Michael S. Sharp Vice President, Regulatory, Quality & Clinical Affairs
Recinella Daniel Vice President, Product Development
Shea Paul Vice President, Sales
Robert M Rossell Senior Vice President & General Manager, Access Division
Sean C. Morris Senior Vice President & General Manager, Peripheral Vascular Division
Ez Em Beneficial Owner
Stern Linda Beneficial Owner
John Mousaw Marketing Communications Director
Casciaro Gregory Director
Flaherty Robert Director
Gegory D Casciaro Director
Graham Peter Director
Howard S Stern Director
Meyers David Director
Orsatti Charles Thomas Director
Paul J Shea Director
Paul S. Echenberg Director
Stern Howard Director

Board of Directors

Name (plus bio) Position
Dennis S Meteny Chairman
Vincent Bucci Chairman
Charles Orsati Board of Directors
Charles T. Orsatti Board of Directors
Eamonn P. Hobbs Vice Chairman of The Board
Gregory D. Casciaro Board of Directors
Howard Donnelly Board of Directors
Jeffrey Gold Board of Directors
Steve Laporte Board of Directors
Thomas Orsatti Charles Board of Directors
Wesley E Johnson Board of Directors

Organization Position Status
Angiodynamics, Inc. President, Chief Executive Officer Current
Angiodynamics, Inc. President Current

Organization Position Status
Angiodynamics, Inc. CFO & Executive Vice President Current
Cny Medtech Senior Vice President, Chief Financial Officer Current
Sotradecol Executive Vice President Current
Venacure Executive Vice President Current
Apheresis News Executive Vice President Current

Joseph G. Gerardi became our Vice President, Chief Financial Officer in March 2004, served as our Vice President, Controller since 1996 and, from 1992 to 1996, was our Plant Controller. From 1987 to 1992, Mr. Gerardi was the Controller of Mallinckrodt Medical, Inc.'s anesthesiology plant. Before joining Mallinckrodt Medical, Mr. Gerardi was employed by Factron/Schlumberger for over five years as Manager of Consolidations and as a cost accountant. He holds a Masters of Business Administration from the State University of New York at Albany, a Bachelor of Professional Studies in Finance from the State University of New York College of Technology at Utica, and an Associates in Applied Science in Accounting from the State University of New York at Cobleskill.

Organization Position Status
Angiodynamics, Inc. Vice President, Chief Financial Officer, Treasurer Current
Mallinckrodt Medical, Inc. Controller Former
State University of New York at Albany Masters of Business Administration Former
The State University of New York Bachelor of Professional Studies In Finance Former
Stateuniversity.Com Bachelor of Professional Studies In Finance Former
The State University of New York Applied Science Former

D. Joseph Gersuk became a member of the Ellis Hospital Board of Trustees in June 2004. Currently, he serves as chairman of the board. He also serves as chairman of the board's Executive and Joint Conference Committees, and as a member of the Audit, Finance, Governance and Executive Compensation Committees and the Investment Subcommittee. His career has spanned 25 years in the private sector, primarily in the field of finance. Currently, Mr. Gersuk is the chief financial officer for AngioDynamics, Inc., a leading provider of innovative medical devices used by interventional radiologists, surgeons, and other physicians for the minimally invasive diagnosis and treatment of cancer and peripheral vascular disease. AngioDynamics, which is based in Queensbury, NY, is a NASDAQ-listed public company with a total market capitalization of more than $400 million. Previously, Mr. Gersuk was chief executive officer of ReQuest Multimedia, a Malta, NY company that develops and sells digital media servers for the home entertainment market. He also served as chief financial officer of three technology companies: Stavely NDT Technologies, a quality assurance company headquartered in Bethel, CT; DataEase Sapphire International, a database software company in Trumball, CT; and MapInfo Corporation, a Troy, NY company that develops and distributes PC-based spatial visualization software and solutions. After graduating from The United States Naval Academy, Mr. Gersuk served as a naval officer for five years, during which time he earned a M.B.A. in finance from The American University and achieved the rank of lieutenant. Mr. Gersuk also is a community volunteer. He has provided leadership to various community organizations, including The Albany Academy for Girls in Albany, NY, where he currently serves as a trustee, treasurer and Finance Committee chair. Mr. Gersuk is a past director of American Bio Medical Corporation in Kinderhook, NY, and a former Treasurer of the Schuyler Meadows Club in Loudonville, NY.

Organization Position Status
Angiodynamics, Inc. Chief Financial Officer Current
Ellis Hospital Chairman Current
Schuyler Meadows Club Treasurer Former
American University M.B.A. In Finance Former

Organization Position Status
Angiodynamics, Inc. Executive Vice President and COO Current

Organization Position Status
Angiodynamics, Inc. Senior Vice President, R&D Current
Angiodynamics, Inc. Vice President, Research Current

Business Development Senior Vice President David McDonald has more than 27 years of equity research, investment management and banking experience, with particular expertise in strategically analyzing long-term growth prospects for medical technology companies. Before joining AngioDynamics, Mr. McDonald was most recently president of Cornerstone Healthcare Advisors, an advisory and consulting services practice he founded in April 2005. He spent seven years in investment banking before founding Cornerstone, working as managing director and head of medical technology investment banking with Cain Brothers & Company, and prior to that as managing director of RBC Capital Markets’ medical technology investment banking practice. During his tenure with RBC, Mr. McDonald worked as the lead on AngioDynamics’ initial public offering, which raised approximately $24.6 million in May 2004. He has a B.A. in economics from St. Olaf College in Northfield, Minn.

Organization Position Status
Angiodynamics, Inc. Senior Vice President, Business Dev Current

Organization Position Status
Venacure Evlt(Tm) Senior Vice President, Operations Current
Angiodynamics, Inc. Senior Vice President, Operations Current
Sotradecol Vice President, Operations Current
Angiodynamics, Inc. Product Development Project Manager Current
Cny Medtech Director, Board of Directors Current
Mallinckrodt Medical, Inc. Former
State University of New York at Albany Masters of Business Administration Former
Tri-State University Bachelor of Science In Mechanical Engineering Former

Organization Position Status
Angiodynamics, Inc. Senior Vice President, Global Sales Current
Angiodynamics, Inc. Vice President, Ous Sales Current

Organization Position Status
Angiodynamics, Inc. Senior Vice President, Advanced Res Current
Sotradecol Senior Vice President, Research and Development Current
Cny Medtech Senior Vice President, Research and Development Current
Apheresis News Senior Vice President, Research and Development Current
Venacure Senior Vice President, Research and Development Current
Angiodynamics, Inc. Vice President, Research Former
Sotradecol Vice President, Research Former
American Hospital Supply Corporation Former

Organization Position Status
Angiodynamics, Inc. Vice President, Intl IRE Sales Current

Organization Position Status
Sotradecol Vice President, Product Development Current
Angiodynamics, Inc. Vice President, Product Dev Current
State University of New York at Albany Masters of Business Administration Former
University of Michigan Bachelor of Science In Mechanical Engineering Former

Organization Position Status
Angiodynamics, Inc. Vice President Current

Organization Position Status
Angiodynamics, Inc. Vice President, Regulatory Affairs Current

Organization Position Status
Angiodynamics, Inc. Vice President, Regulatory, Quality & Clinical Affairs Current

Organization Position Status
Angiodynamics, Inc. Vice President, Product Development Current

Organization Position Status
Angiodynamics, Inc. Vice President, Sales Current

Organization Position Status
Venacure Evlt(Tm) Senior Vice President, General Manager, Access Division Current
Angiodynamics, Inc. Senior Vice President & General Manager, Access Division Current
Sotradecol Vice President, Corporate Accounts Current
Apheresis News Vice President, Corporate Accounts Current
Cny Medtech Vice President, Marketing Current
Venacure Vice President, Corporate Accounts Current
Angiodynamics, Inc. Vice President, Corp Accts Current
Angiodynamics, Inc. Director of Marketing Former
Angiodynamics, Inc. Product Manager Former
Namic, Inc. Marketing Manager Former
American Hospital Supply Corporation Former
Southern Methodist University Bachelor of Arts In Psychology Former

Organization Position Status
Venacure Evlt(Tm) Senior Vice President, General Manager, Peripheral Vascular Division Current
Angiodynamics, Inc. Senior Vice President & General Manager, Peripheral Vascular Division Current
Apheresis News Vice President, Marketing Current
Venacure Vice President, Marketing Current
Sotradecol Vice President, Marketing Current
Angiodynamics, Inc. Sales Representative Current
Angiodynamics, Inc. Vice President, Marketing Former
Great Lakes Region Regional Sales Manager Former
Missouri State University Bachelor of Science Degree In Biochemistry Former

Organization Position Status
Angiodynamics, Inc. Beneficial Owner Current

Organization Position Status
Angiodynamics, Inc. Beneficial Owner Current

Organization Position Status
Angiodynamics, Inc. Marketing Communications Director Current

Dennis S. Meteny, age 55, joined our board of directors in March 2004. In 2006, Mr. Meteny was appointed President and Chief Executive Officer of Cygnus Manufacturing Company LLC, a privately held manufacturer of minimally and non-invasive medical device products, health and safety components, and high precision transportation, aerospace and industrial products. From 2003 to 2006, Mr. Meteny was an Executive-in-Residence at the Pittsburgh Life Sciences Greenhouse, a strategic economic development initiative of the University of Pittsburgh Health System, Carnegie Mellon University, the University of Pittsburgh, the State of Pennsylvania and local foundations. From 2001 to 2003, he served as President and Chief Operating Officer of TissueInformatics, Inc., a privately held company engaged in the medical imaging business. From 2000 to 2001, Mr. Meteny was a business consultant to various technology companies. Prior to that, Mr. Meteny spent 15 years in several executive-level positions, including as President and Chief Executive Officer, from 1994 to 1999, of Respironics, Inc. a cardio-pulmonary medical device company. Mr. Meteny began his career in 1975 with Ernst & Young LLP. Mr. Meteny holds a B.S. Degree in Accounting from The Pennsylvania State University and an MBA from the University of Pittsburgh.

Organization Position Status
Angiodynamics, Inc. Chairman Current
Angiodynamics, Inc. Board of Directors Current

Organization Position Status
Venacure Chairman of the Board Current
Angiodynamics, Inc. Chairman Current
Venacure Evlt(Tm) Chairman of The Board Current
Apheresis News Chairman of the Board Current
Sotradecol Chairman of the Board Current
Health Policy Associates Founder Former
Cny Medtech Chairman of the Board Former
Georgetown University J.D. Former
Georgetown University M.A. In Government Former
Bates College B.A. In Political Science Former

Organization Position Status
Angiodynamics, Inc. Director Current

Organization Position Status
Angiodynamics, Inc. Board of Directors Current

Charles Orsatti joined the AngioDynamics Board in October 2008. Mr. Orsatti has served in leadership positions with several healthcare and medical technology companies and currently serves on the Board of Directors of two other companies in the healthcare industry. During his 20 years in senior level positions in both public and private companies, Mr. Orsatti has served as Chairman and Chief Executive Officer of Fairfield Medical Products Corporation, Chief Operating Officer of Glasrock Home Health Care, President of Ohmeda Medical Engineering Division of British Oxygen Corporation, and Chief Executive Officer of Coloplast. In addition, Mr. Orsatti has served on the Board of Directors of dj Orthopedics, LLC and Vitagen, Inc. and currently serves on the Board of Directors of SRI Surgical, Inc. and Gyntec, Inc. He has also been Chairman and Managing Partner of J.P. Morgan Fairfield Partners, a private equity firm, and currently is Chairman and Managing Partner of Fairfield Partners, which is also a private equity firm. Mr. Orsatti earned a Bachelor of Science degree from Penn State University.

Organization Position Status
Angiodynamics, Inc. Board of Directors Current

Organization Position Status
Apheresis News President and CEO, Director Current
Delcath Systems, Inc. Chief Executive Officer, President and Director Current
Sotradecol President and CEO, Director Current
Society of Interventional Radiology Business Executive Current
Angiodynamics, Inc. Vice Chairman of The Board Current
Cny Medtech Board of Directors Current
Delcath Systems, Inc. Board of Directors Current
Hobbs Medical, Inc. CEO Former
Angiodynamics, Inc. Chief Executive Officer Former
Hobbs Medical, Inc. President Former
Angiodynamics, Inc. President Former
E-Z-EM, Inc. President, AngioDynamics Former
Angiodynamics, Inc. Co-Founder Former
Cook Incorporated Former
Hobbs Medical, Inc. Chairman of the Board Former
Angiodynamics, Inc. Director Former

Organization Position Status
Angiodynamics, Inc. Director Current

Organization Position Status
Angiodynamics, Inc. Director Current

Organization Position Status
Angiodynamics, Inc. Director Current

Mr. Casciaro joined GSI in February 1995 as Vice President of Sales and Marketing. He was promoted to Senior Vice President in January 1996, and then to President and Chief Operating Officer in August 1997. In April 1998 Greg was named Chief Executive Officer, and continues as President. Prior to joining GSI, Mr. Casciaro held various positions at Devices for Vascular Intervention, Inc., a medical device manufacturer, including Vice President of Sales, from June 1991 to February 1995. Previously, Mr. Casciaro held various sales positions at North American Instrument Corporation, a medical device company, from March 1983 to May 1991. Mr. Casciaro received a B.S. degree in Business Administration at Marquette University.

Organization Position Status
Media Technique President, Chief Executive Officer and Board Member Current
Xtent Inc. President and Chief Executive Officer Current
United States Surgical Corporation Current
Angiodynamics, Inc. Board of Directors Current
Xtent Inc. Director Current
Kerberos Proximal Solutions, Inc. member Current
Namic, Inc. Chief Executive Officer Former
Namic, Inc. President Former
Guidant Corporation Vice President of Sales Former
Gourmet Services Inc. Vice President of Sales and Marketing Former
Marquette University B.A. In Business Administration Former

Organization Position Status
Angiodynamics, Inc. Board of Directors Current
Cny Medtech Director Current
Venacure Evlt(Tm) Director Current
Apheresis News Committee Member Current
Angiodynamics, Inc. Committee Member Current
Venacure Committee Member Current
Vital Signs, Inc. Board of Directors Current
Pfizer Inc. Former

Organization Position Status
Angiodynamics, Inc. Director Current

Organization Position Status
Sapient Capital Management, LLC Special Sapient Network Member Current
Accessclosure, Inc. Board of Directors Current
Venacure Evlt(Tm) Director Current
Angiodynamics, Inc. Board of Directors Current
Cny Medtech Director Current
Sotradecol Director Current
Apheresis News Committee Member Current
Angiodynamics, Inc. Committee Member Current
Venacure Committee Member Current
Sotradecol Committee Member Current
CardioThoracic Systems, Inc. Chief Operating Officer Former
CardioThoracic Systems, Inc. Executive Vice President Former
Cordis Corporation Vice President of Manufacturing Former
Cordis Corporation Co-Founder Former
Cordis Corporation Program Manager Former
General Electric Company Manufacturing Operations Engineer Former
University of Florida MBA in Quantitative Management and Operations Research Former
Northeastern University BS In Industrial Engineering Former

Organization Position Status
Angiodynamics, Inc. Director Current

Organization Position Status
Angiodynamics, Inc. Director Current

Paul J. Shea has served as our Vice President, Sales, since 1997 and from 1991 to 1997 held positions as our National Sales Manager, Director of U.S. Sales and Director of World Wide Sales. Before joining us, from 1985 to 1991, Mr. Shea held various sales and marketing positions including Product Manager, Regional Manager and National Sales Manager at Microvasive, Inc., a division of Boston Scientific. From 1978 to 1984, Mr. Shea was employed by American Hospital Supply Corporation where he held several positions, including Sales Representative, Business Analyst, Product Manager and Market Manager. Mr. Shea holds a Masters of Business Administration from Boston University and a Bachelor of Arts in Economics/Accounting from the College of the Holy Cross.

Organization Position Status
World Wide Sales Director Current
Angiodynamics, Inc. Director Current
Boston Scientific Corporation National Sales Manager Former
American Hospital Supply Corporation Market Manager Former
Angiodynamics, Inc. National Sales Manager Former
American Hospital Supply Corporation Business Analyst Former
Boston University Masters of Business Administration Former
College of the Holy Cross Bachelor of Arts In Economics, Accounting Former

Organization Position Status
Apheresis News Director Current
Sotradecol Director Current
Cny Medtech Director Current
MacroChem Corporation Director Current
Lallemand, Inc. Director Current
Benvest Capital Inc. Director Current
Venacure Director Current
E-Z-EM, Inc. Director Current
Angiodynamics, Inc. Director Current
Venacure Evlt(Tm) Director Current
Sotradecol Committee Member Current
Angiodynamics, Inc. Committee Member Current
Harvard Business School M.B.A. Former
McGill University B.Sc. Former

Organization Position Status
Angiodynamics, Inc. Director Current

Organization Position Status
ONSET Ventures Venture Partner Current
Cny Medtech Director Current
Sotradecol Director Current
Venacure Evlt(Tm) Director Current
Angiodynamics, Inc. Board of Directors Current
Venacure Committee Member Current
Sotradecol Committee Member Current
Angiodynamics, Inc. Committee Member Current
Apheresis News Committee Member Current
Medtronic, Inc. Vice President of Neuroventures and Business Development Former
Medtronic, Inc. Executive Former
University of Minnesota MBA Former
University of Minnesota BS In Mathematics and Computer Science Former
University of Wisconsin-Stevens Point Bachelors of Science In Mathematics and Computer Science Former

Organization Position Status
Angiodynamics, Inc. Board of Directors Current

Organization Position Status
Abbott Spine General Manager Current
Apheresis News Director Current
Sotradecol Director Current
Angiodynamics, Inc. Board of Directors Current
Venacure Director Current
Venacure Evlt(Tm) Director Current
Cny Medtech Director Current
Spinal Concepts, Inc. Chief Financial Officer Former
Spinal Concepts, Inc. Vice President of Operations Former
Abbott Spine Division Vice President, Finance Former
Texas A&M University B.B.A. In Accounting Former

Executive News

  • Delcath to open new operations facility in New York

    TradingMarkets - 9/05/09 - View Story

  • Personal ties help Queensbury: Chief executive of company that will establish facility here knows "Catheter Valley" well

    TradingMarkets - 9/05/09 - View Story

  • Delcath Systems, Inc. (DCTH) to Present at Rodman & Renshaw 11th Annual Healthcare Conference

    BioSpace - 9/04/09 - View Story

  • Delcath Systems, Inc. to Present Poster at International Liver Cancer Association...

    Reuters - 9/04/09 - View Story

  • Delcath Systems, Inc. to Present Poster at International Liver Cancer Association 2009 Annual Conference

    PR Newswire - 9/04/09 - View Story

  • Delcath Systems to Present at Rodman & Renshaw 11th Annual Healthcare Conference

    Forbes.com - 9/04/09 - View Story

  • Delcath Establishes Queensbury, NY Operations Facility

    Pharma Live - 9/03/09 - View Story

  • Delcath Systems Inks 3-yr Lease With Option To Buy Facility In Queensbury, New York - Quick Facts

    RTTNews.com - 9/03/09 - View Story

  • Delcath Establishes Queensbury, NY Operations Facility

    PR Newswire - 9/03/09 - View Story

  • FDA Grants Delcath Orphan-Drug Designation for Doxorubicin

    PR Newswire - 8/31/09 - View Story

  • Delcath Systems, Inc. Announces Patient Recruitment Exceeds 90%

    PR Newswire - 8/25/09 - View Story

  • Delcath Systems, Inc. (DCTH) to Present at Canaccord Adams 29th Annual Global Growth Conference

    BioSpace - 8/11/09 - View Story

  • Delcath Systems to Present at Canaccord Adams 29th Annual Global Growth Conference

    PR Newswire - 8/10/09 - View Story

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     ANGO $15.61 +0.06 (0.39% )
Average Volume 145,748
Shares Outstanding 24.50M
Market Cap 382.5M
Year High 16.24
Year Low 9.12
Earnings Per Share 0.41
P/E Ratio 38.07
Dividend N/A
Yield N/A
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