BNET Industries
Market Cap:$624.5M
Last Fiscal Year Sales:$742.1M
- Public
- US
Dow Jones Description
ConMed Patient Care is a global provider of innovative medical technologies that deliver enhanced clinical support for the treatment of patients of all ages and conditions, through every stage of their care. A business unit of ConMed Corporation [NASDAQ CNMD], ConMed Patient Care responds proactively to the emerging demands of a rapidly changing healthcare landscape, addressing our customers' needs with leading-edge solutions that offer substantial advantages in value, cost, efficiency, safety, and clinical effectiveness. ConMed Patient Care products serve the healthcare needs of people at all stages of life, in every corner of the world. Our product line supports improved patient outcomes throughout the care continuum, staying with the patient from home, to physician's office, to hospital, to medical rehabilitation and back home again. ConMed Corporation was founded in 1973 by Board Chairman/CEO Eugene Corasanti, whose vision was to build an extremely agile and dynamic company, driven by innovation and responsive to the evolving needs of patients and caregivers worldwide. This vision has been realized through 30 years of providing leading-edge solutions in medical technology, from our first disposable ECG monitoring electrodes to today's rapidly expanding product lines. Over the course of our history, we have consistently sought out the most promising emerging technologies and pursued strategic acquisitions with innovative development companies that complement ConMed's...
Number of Employees 3,200
Peer Companies
NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510
Recent Events
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CONMED Linvatec Announces Launch Of Bullseye Anatomic Cruciate Reconstruction System - Quick Facts
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AT&T, Goodrich Rise; eBay, JetBlue Fall
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CONMED Corporation to Announce Third Quarter 2009 Financial Results on October 22, 2009
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ConMed voluntarily recalls surgical tools from market
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Reportlinker Adds Gastrointestinal Endoscopy Devices Report
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Analyzing ConMed's sales results, outlook
News & Analysis
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conmed corp. - All News and Analysis
CONMED Corp. Q2 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. Your first question is from the Matt Miksic with Piper Jaffray. Please proceed. Matt Miksic - Piper Jaffray Hey Joe, hey Rob, couple of questions. Thanks for taking our questions this morning. First on the hospital trends that you're seeing, you mentioned I...
CONMED Corp. Q2 2009 Earnings Call Transcript
CONMED Corp. CNMD Q2 2009 Earnings Call July 30, 2009 10:00 am ET
CONMED Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And your first question comes from the line of Dalton Chandler of Needham & Company. Please proceed. Dalton Chandler - Needham & Company Hi, good morning. Let me just start with your new guidance. You had included some specific FX assumptions in your previous guidance....
CONMED Corporation Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions Our first question comes from the line of Matt Miksic of Piper Jaffray. Please proceed. Matt Miksic – Piper Jaffray Hi, good morning. Do you hear me okay? Rob Shallish Yes, fine Matt. Joseph Corasanti Yes, good morning. Matt Miksic – Piper Jaffray So, thanks...
CONMED Corp. F3Q08 (Qtr End 9/30/08) Earnings Call Transcript
Earnings Call ExcerptCONMED Corp. CNMD F3Q08 Earnings Call October 23, 2008 10:00 am ET Executives Joseph J. Corasanti - Chief Executive Officer and President Rob Shallish - Chief Financial Officer Analysts Raj Denhoy - Thomas Weisel Partners Dalton Chandler - Needham & Company James Sidoti - Sidoti & Company...
Stocks At or Near 52-Week Highs
Hickey and Walters Bespoke submit: Below we highlight stocks in the S&P 1500 that are closest to their 52-week highs. As shown, Covance CVD is the closest, followed by WCN, ADPT, PRXL and HBHC. Key names on the list include AMGN, GIS, BAX, HNZ, JNJ, and QCOM. In...
CONMED Corp. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And your first question comes from James Sidoti. You may proceed. James Sidoti - Sidoti & Company Good morning, Rob. Good morning, Joe. Can you hear me? Joseph Corasanti Yes, good morning. James Sidoti - Sidoti & Company Okay. On the manufacturing expansion plan, can...
CONMED Corporation Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator instructions And gentlemen, your first question comes from the line of Dalton Chandler with Needham & Company. You may proceed. Dalton Chandler – Needham & Co. Good morning and congratulations on a nice quarter. I just wanted to clarify, with regard to the acquisition...
CONMED Corporation To Announce First Quarter 2008 Financial Results On April 24, 2008
UTICA, N.Y. -- CONMED Corporation (Nasdaq: CNMD) announced today that it expects to report first quarter 2008 financial results before the market opens on Thursday, April 24, 2008, and will also hold a conference call live over the Internet at 10:00 a.m. Eastern Time that same day. This webcast can...
African American-Owned Company Canady Technology to Seek Twenty-Six Million Dollars in Damages against ConMed Corporation and Attorney Fees in Excess of Five Hundred Thousand Dollars against Erbe Elektromedizin GmbH
PITTSBURGH -- Despite recent legal decisions against Erbe in the U.S. International Trade Commission and the U.S. District Court for the Western District of Pennsylvania and a prior decision against ConMed in the arbitration it instituted against Canady Technology, negotiations over the last six weeks between Canady Technology, Erbe and...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Eugene R. Corasanti | CEO |
| Joseph J. Corasanti | Chief Executive Officer |
| Richard M Aiello | Chief Operations Officer |
| Richard R Olson | Chief |
| Robert D. Shallish | CFO & Vice President, Finance |
| William W. Abraham | Senior Vice President |
| Daniel S. Jonas | Vice President, Legal Affairs |
| Dennis M. Werger | Vice President |
| Frank R. Williams | Vice President, Endosurgery |
| Jane E Metcalf | Vice President, Corp Regulatory Affairs |
| John J. Stotts | Vice President, Patient Care |
| Luke A. Pomilio | Controller & Vice President |
| Howard M Haft | Founder |
| Richard P Olson | Partner |
| Mark Donovan | Director, Corp Marketing |
| Mike Stannard | Director, Sales |
| David Toach | Marketing Manager |
| Jeff Palmer | Corp Sales Manager |
| Thomas M. Acey | Treasurer & Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Bruce F. Daniels | Board Director |
| JoAnn Golden | Board of Directors |
| Mark E. Tryniski | Board of Directors |
| Stephen M. Mandia | Board Director |
| Stuart J. Schwartz | Board Director |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | CEO | Current |
| Conmed Corporation | Chairman | Current |
| Conmed Corporation | President | Former |
| Conmed Corporation | Coo | Former |
| Conmed Corporation | Board Director | Former |
| Conmed Corporation | Vice Chairman | Former |
| Niagara University | Bba | Former |
JOSEPH J. CORASANTI (age 42) has served as the Company's Chief Executive Officer and President since January 2007, having served as President and Chief Operating Officer of the Company from August 1999 through December 2006 and having served as a Director of the Company since May 1994. Mr. Corasanti is also a member of the Board of Directors of II-VI, Inc. (Nasdaq: IIVI), a manufacturer of optical and electro-optical components and devices for infrared, e-ray, gamma-ray, telecommunication and other applications, where Mr. Corasanti is a member of the audit committee. He also served as General Counsel and Vice President-Legal Affairs of the Company from March 1993 to August 1998 and Executive Vice-President/General Manager of the Company from August 1998 to August 1999. Prior to that time he was an Associate Attorney with the law firm of Morgan, Wenzel & McNicholas, Los Angeles, California from 1990 to March 1993. Mr. Corasanti holds a B.A. degree in Political Science from Hobart College and a J.D. degree from Whittier College School of Law. Joseph J. Corasanti is the son of Eugene R. Corasanti, Chairman of the Board of the Company and Vice Chairman of the Company.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Chief Executive Officer | Current |
| II-VI Incorporated | Board of Directors | Current |
| Conmed Corporation | Director | Current |
| Conmed Corporation | President | Current |
| Conmed Corporation | Executive Vice President | Former |
| II-VI Incorporated | Vice President, Legal Affairs | Former |
| Conmed Corporation | General Manager | Former |
| II-VI Incorporated | Gm | Former |
| Conmed Corporation | General Counsel | Former |
| II-VI Incorporated | General Counsel | Former |
| Whittier Law School | J.D. Degree | Former |
| Hobart and William Smith Colleges | B.A. Degree In Political Science | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Frogfire Technologies | Current | |
| FBI National Academy | Former | |
| The Johns Hopkins University | Master of Science Degree | Former |
Mr. Olson is the Chief of Correctional Programs for CONMED, Inc., a Maryland Corporation providing medical services for institutions and county governments. Mr. Olson received his Bachelor of Science degree in Allied Health and his certification as a physician assistant from The George Washington University, Washington, DC in 1980. From 1980 to 1990, Mr. Olson served in a number of progressively responsible positions in the Federal Bureau of Prisons. His career in the Bureau began as a physician assistant providing patient care to a variety of inmate populations. Mr. Olson ultimately served as the Bureau's Infectious Disease Coordinator, charged with monitoring the rate of HIV and TB infections in the inmate population. In 1990, Mr. Olson was recruited by CONMED, Inc. to become a partner in a new correctional healthcare enterprise serving as Chief of Correctional Programs. In 15 years, Mr. Olson has helped develop CONMED as a nationally recognized contender in the correctional healthcare arena. Mr. Olson has proudly served in the United States Naval Reserves for 30 years.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Chief | Current |
| Galen Capital Group, LLC | Senior Advisor | Current |
| The George Washington University | Bachelor of Science Degree In Allied Health and His Certification as A Physician | Former |
ROBERT D. SHALLISH, JR. joined the Company as Chief Financial Officer and Vice President-Finance in December 1989 and has also served as an Assistant Secretary since March 1995. Prior to this he was employed as Controller of Genigraphics Corporation and by Price Waterhouse LLP as a certified public accountant and senior manager from 1972 through 1984. Mr. Shallish graduated with a B.A. degree in Economics from Hamilton College and holds a Master's degree in Accounting from Syracuse University.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | CFO & Vice President, Finance | Current |
| Genigraphics | Controller | Former |
| Syracuse University | Master's degree in Accounting | Former |
WILLIAM W. ABRAHAM joined the Company in May 1977 as General Manager. He served as the Company's Vice President-Manufacturing and Engineering since June 1983. In November of 1989 he was named Executive Vice President and in March 1993, he was named Senior Vice President of the Company. Mr. Abraham holds a B.S. degree in industrial Management from Utica College.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Senior Vice President | Current |
| Conmed Corporation | Gm | Former |
| Utica College | BS | Former |
DANIEL S. JONAS joined the Company as General Counsel in August 1998 and in addition became the Vice President-Legal Affairs in March 1999. In September 1999, Mr. Jonas assumed responsibility for certain of the Company's Regulatory Affairs and Quality Assurance. In March 2003, Mr. Jonas also became responsible for the administration of the Company's ethics policy. Prior to his employment with the Company he was a partner with the law firm of Harter, Secrest & Emery, LLP. Mr. Jonas holds an A.B. degree from Brown University and a J.D. from the University of Pennsylvania Law School.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Vice President, Legal Affairs | Current |
| Cny Medtech | Secretary, Board of Directors | Current |
| Harter Secrest & Emery Llp | Partner | Former |
| Conmed Corporation | General Counsel | Former |
| University of Pennsylvania Law School | Jd | Former |
| Brown University | Ab | Former |
DENNIS M. WERGER (age 52) joined the Company in November 2004 as the Vice President and General Manager of ConMed Endoscopic Technologies (“CET”). From October 2002 until November 2004, Mr. Werger was the President and Chief Operating Officer of Granit Medical Innovations, LLC in Nashua, N.H. and New York, N.Y. Prior to that, Mr. Werger was the Vice President of Marketing for the Endoscopic Technologies division of C.R. Bard in Billerica, MA, having held other positions with C.R. Bard prior to that. Mr. Werger holds a B.S. in Accounting degree from Mt. St. Mary’s College, and a Masters in Business Administration from the University of Phoenix in Denver, Colorado.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Vice President | Current |
| Conmed Endosurgery | Vice President, General Manager, Endoscopic Technologies | Current |
| Computer Review | Vice President, General Manager, Endoscopic Technologies | Current |
| Conmed Corporation | General Manager, Endoscopic Technologies | Current |
| Granit Medical Innovations, LLC | President | Former |
| Granit Medical Innovations, LLC | Chief Operating Officer | Former |
FRANK R. WILLIAMS joined the Company in 1974 as Sales Manager and Director of Marketing and became Vice President-Marketing and Sales in June 1983. In September 1989, Mr. Williams was named Vice President-Business Development. In November 1995, he was named Vice President-Technology Assessment and in January 2000, was also named Vice President-Research and Development and Marketing for Minimally Invasive Surgical Products, a position now known as Vice President-Endosurgery. Mr. Williams graduated with a B.A. degree from Hartwick College as a biology major and did his graduate study in Human Anatomy at the University of Rochester College of Medicine.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Vice President, Endosurgery | Current |
| Conmed Corporation | Director of Marketing | Former |
| Conmed Corporation | Sales Manager | Former |
| Hartwick College | BA | Former |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Vice President, Corp Regulatory Affairs | Current |
| Computer Review | Vice President, Corporate Regulatory Affairs | Current |
| University of California | M.B.A. | Former |
JOHN J. STOTTS joined the Company as Vice President-Marketing and Sales for Patient Care in July 1993 and became Vice President-Marketing in December 1996. In January 2000, Mr. Stotts became Vice President - Marketing and Sales for Patient Care Products, a position now referred to as Vice President - Patient Care. Prior to his employment with the Company, Mr. Stotts served as Director of Marketing and Sales for Medtronic Andover Medical, Inc. Mr. Stotts holds a B.A. degree in Business Administration from Ohio University.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Vice President, Patient Care | Current |
| Patient Care, Inc. | Vice President, Marketing and Sales | Former |
| Ohio University | Bba | Former |
LUKE A. POMILIO joined the Company as Controller in September 1995. In addition, in September 1999, Mr. Pomilio became a Vice President with responsibility for certain of the Company's manufacturing activities. Prior to his employment with the Company, Mr. Pomilio served for two years as Controller of Rome Cable Corporation and was also employed as a certified public accountant for seven years with Price Waterhouse LLP where he served most recently as an audit manager. Mr. Pomilio graduated with a B.S. degree in Accounting and Law from Clarkson University.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Controller & Vice President | Current |
| Conmed Corporation | Board of Directors | Current |
| Clarkson University | B.S. degree in Accounting | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Quality Healthcare, Inc. | President | Current |
| Conmed Corporation | Founder | Current |
| Conmed Corporation | Chief Medical Officer | Former |
| Conmed Corporation | Director | Former |
| The Pennsylvania State University | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Partner | Current |
| Conmed Corporation | Consultant | Current |
| Frogfire Technologies | Current |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Director, Corp Marketing | Current |
| Conmed Corporation | Director, Corp Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Director, Sales | Current |
| Conmed Corporation | Director, Sales | Former |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Marketing Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Corp Sales Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Treasurer & Secretary | Current |
| Conmed Corporation | Secretary | Current |
| Utica College | BS | Former |
BRUCE F. DANIELS has served as a Director of the Company since August 1992. Mr. Daniels is a retired executive. From August 1974 to June 1997, Mr. Daniels held various executive positions, including a position as Controller with Chicago Pneumatic Tool Company. Mr. Daniels holds a B.S. degree in Business from Utica College.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Board Director | Current |
| Utica College | BS | Former |
JO ANN GOLDEN was elected as a Director of the Company in 2003. Ms. Golden is a certified public accountant and the managing partner of the New Hartford, New York office of Dermody Burke and Brown, CPA, PLLC, an accounting firm. Ms. Golden is also a past President of the New York State Society of Certified Public Accountants. Ms. Golden holds a B.A. from the State University College at New Paltz, and a B.S. in Accounting from the Utica College of Syracuse University.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Board of Directors | Current |
| Utica College | BS | Former |
Mark E. Tryniski was elected to the Board of Directors in 2007. Mr. Tryniski is the President and Chief Executive Officer of Community Bank System, Inc. (NYSE: CBU), where he served as Executive Vice President and Chief Operating Officer from February 2004 through August 2006, and as the Chief Financial Officer from June 2003 through February 2004. Prior to joining Community Bank, Mr. Tryniski was a partner with PricewaterhouseCoopers LLP. Mr. Tryniski holds a B.S. degree from the State University of New York at Oswego
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Board of Directors | Current |
STEPHEN M. MANDIA has been a Director of the Company since 2002. Mr. Mandia has been the President and Chief Executive Officer of East Coast Olive Oil Corp. since 1991. Mr. Mandia holds a B.S. Degree from Bentley College, located in Waltham, Massachusetts, having also undertaken undergraduate studies at Richmond College in London.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Board Director | Current |
| Bentley College | BS | Former |
STUART J. SCHWARTZ has served as a Director of the Company since May 1998. Dr. Schwartz is a retired physician. From 1969 to December 1997 he was engaged in private practice as a urologist. Dr. Schwartz holds a B.A. degree from Cornell University and an M.D. degree from SUNY Upstate Medical College, Syracuse.
| Organization | Position | Status |
|---|---|---|
| Conmed Corporation | Board Director | Current |
| Cornell University | BA | Former |
Executive News
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CONMED Corporation to Present at The Thomas Weisel Partners Healthcare Conference 2009
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CONMED Corporation to Present at The Thomas Weisel Partners
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Analyzing ConMed's sales results, outlook
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