BNET Industries

Market Cap:$1.3B
Last Fiscal Year Sales:$261.1M
  • Public
  • US
Dow Jones Description

We develop, manufacture, and sell a complete line of reagents and automated systems used primarily by hospitals, clinical laboratories and blood banks in tests performed to detect and identify certain properties of human blood prior to blood transfusions. We have manufacturing facilities in the United States and Canada. We sell our products from these facilities and through our affiliates in Germany, Italy, the United Kingdom, Belgium, Spain, Portugal, France and Japan. The U.S. Food and Drug Administration (FDA) regulates all aspects of the blood banking industry, including marketing of reagents and instruments used to detect and identify blood properties. Our industry has been very labor intensive, but in recent years it has made noticeable advances in automating certain manual processes. We believe that companies that successfully introduced new technologies and automated products have seen their profitability improve. We have introduced several instruments in the past, and we continue to focus on developing new instruments and improving our existing instruments. Our Galileo ® instrument, targeted at large hospitals and donor centers, received FDA clearance in May 2004. We are currently developing our next generation Galileo, which has a targeted release date of the end of calendar 2009. ...

Chief Executive Officer
Gioacchino DeChirico
Number of Employees 609
Contact Information

3130 Gateway Dr Ste 600

Norcross, Georgia 30091

immucor.com

(770) 441-2051

NAICS Code In-Vitro Diagnostic Substance Manufacturing: 325413

Recent Events

  • Immucor to Announce Fiscal Second Quarter Financial Results on Wednesday, January 6, 2010

    12/15/09 - Financial Announcement - View Story

  • Apple, First Solar Rise; Accenture Falls

    10/04/09 - Financial Announcement - View Story

  • The Pomerantz Firm Charges Immucor, Inc. With Securities Fraud -- BLUD

    10/02/09 - Lawsuit Filed - View Story

  • Opening View: Futures Slip Ahead of September Employment Report

    10/02/09 - Financial Announcement - View Story

  • Shareholder Class Action Filed Against Immucor, Inc. by the Law Firm of Barroway Topaz Kessler...

    9/22/09 - Lawsuit Filed - View Story

  • Ahead of the Curve: Immucor 09Q4 Earnings -- Premise Fulfilled

    8/05/09 - Financial Announcement - View Story

  • Immucor BLUD Appoints Geoffrey S. Crouse as COO

    7/16/09 - Mgmt. Change Entering - COO - View Story

  • Company, People, and Regulatory Briefs: Teva and Ortho Extend Agreement; Biogen Idec Cofounder Retires; More...

    7/22/09 - Mgmt. Change Entering - COO - View Story

  • Immucor names new vice president and COO

    7/17/09 - Mgmt. Change Entering - Vice President - View Story

  • Immucor Q4 Earnings Rise, Top Estimate; Reiterates FY10 Outlook

    7/23/09 - Financial Announcement - View Story

News & Analysis

earnings and immucor inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Gioacchino DeChirico Chief Executive Officer
Ralph A. Eatz Senior Vice President & Chief Scientific Officer
Richard A. Flynt CFO & Vice President
Michael C. Poynter Senior Vice President, Sales
Cindi Kiesel-Smith Vice President, Worldwide Quality
Daniel L. Ruckman Vice President, Production & Instrument Service
David McCampbell Vice President, Worldwide Info Services
J. Darren Head Vice President, Worldwide Operations
J. Scott Webber Vice President, Regulatory Affairs
Jean-Jacques De Jaegher Vice President, Intl
John H. Adair Jr. Vice President, Quality
Lyle T. Sinor Vice President, Res & Development
Michael Pred Vice President, Operations
Mitchell C. Moheng Vice President, Worldwide Quality Sys
Theresa Helfin Vice President, Marketing
Wayne Guthrie Vice President, Worldwide HR
Phil Moise General Counsel

Board of Directors

Name (plus bio) Position
Joseph E. Rosen Chair of Board
Chris E. Perkins Board of Directors
Edward L. Gallup Board of Directors
Hiroshi Hoketsu Board of Directors
James F. Clouser Board of Directors
Paul V. Holland Board of Directors
Philip H Moise Board of Directors
Ronny B. Lancaster Board of Directors

Dr. Gioacchino DeChirico was elected Chief Executive Officer in September 2006 and had served as Chief Executive Officer for six months in 2004. Dr. DeChirico was promoted to President in July 2003. Previous to that he had served as the Company's Director of European Operations before he was promoted to President and Chief Operating Officer in 2003. Before joining the Company in 1994 he was employed by Ortho Diagnostic Systems, Inc. beginning in 1979 as General Manager, Immunocytometry, with worldwide responsibility. Ortho Diagnostics is a diagnostics subsidiary of Johnson & Johnson that, among other things, produces and distributes blood banking reagents.

Organization Position Status
Immucor, Inc. Chief Executive Officer Current
Immucor, Inc. President Current
Immucor, Inc. Board of Directors Current

Ralph Eatz joined Immucor as Senior Vice President of Operations in 1982. A 28-year veteran of the blood banking reagent industry, Mr. Eatz's responsibilities include overseeing manufacturing and research. Prior to Immucor, Mr. Eatz served as Vice President of manufacturing at Biological Corporation of America. His career also includes positions working with Schering Plough Corporation and American Hoeschst Corporation. Mr. Eatz is actively involved with the American Blood Resources Association. A graduate of C.W. Post College in biology, Mr. Eatz received a master's degree in biology from Long Island University.

Organization Position Status
Immucor, Inc. Senior Vice President & Chief Scientific Officer Current
Immucor, Inc. Board of Directors Current
Immucor, Inc. Senior Vice President & Director Former

Mr. Flynt is a Certified Public Accountant with more than 25 years of financial management experience. He has most recently served as Vice President - Finance with McKesson Corporation in Alpharetta, Georgia. From July 2004 through January 2007, he was Senior Vice President - Corporate Controller & Chief Accounting Officer with Per-Se Technologies, Inc., which was acquired by McKesson Corporation in January 2007. From 1997 through 2004, he served in a variety of senior financial management positions with GNB Technologies, Inc., Exide Technologies, Inc. and GTS Energy. Prior to that he had 15 years of public accounting experience with Ernst & Young LLP.

Organization Position Status
Immucor, Inc. CFO & Vice President Current

Organization Position Status
Immucor, Inc. Senior Vice President, Sales Current

Organization Position Status
Immucor, Inc. Vice President, Worldwide Quality Current

Organization Position Status
Immucor, Inc. Vice President, Production & Instrument Service Current

Organization Position Status
Immucor, Inc. Vice President, Worldwide Info Services Current

Organization Position Status
Immucor, Inc. Vice President, Worldwide Operations Current

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

Mr. De Jaegher joined Immucor in May 2007 as Vice President International. Mr. De Jaegher has 30 years experience in the health care industry. He has worked for the Diagnostics Division of Abbott Laboratories for 25 years where he has held a variety of general management positions both in Europe and the United States. Before joining Immucor, he was CEO of Applied NanoSystems, a Dutch venture capital financed company focusing on drug delivery applications, and Vice President Commercial Operations EMEA for Chiron. Mr. De Jaegher holds an engineering degree from the Nuclear Physics Institute in Brussels, Belgium.

Organization Position Status
Immucor, Inc. Vice President, Intl Current

Organization Position Status
Immucor, Inc. Vice President, Quality Current

Organization Position Status
Immucor, Inc. Vice President, Res & Development Current

Organization Position Status
Immucor, Inc. Vice President, Operations Current

Organization Position Status
Immucor, Inc. Vice President, Worldwide Quality Sys Current

Organization Position Status
Immucor, Inc. Vice President, Marketing Current

Organization Position Status
Immucor, Inc. Vice President, Worldwide HR Current
Immucor, Inc. Director, World Wide HR Former
Immucor, Inc. Manager, HR Former

Organization Position Status
Immucor, Inc. General Counsel Current
Georgia Biomedical Partnership Member Current
Life Sciences, Inc. Co-Chair Former
Duke Law School Former
The Citadel Former

Joseph E. Rosen has been a director of the Company since 1982 except for a three-year hiatus in 1995-1998. With the appointment of Mr. Rosen in November of 2006, the position of Chairman of the Board will be filled by an independent outside director for the first time in the Company's history. Mr. Rosen is currently Director Business Development and Planning for BioLife Plasma Services. Mr. Rosen was previously an owner of Sera-Tec Biologicals from its inception in 1969, where he served in various capabilities including President from 1986 until 2001. Mr. Rosen is currently serving as Chairman of the Board of the PPTA Source, the plasma collection industry trade group, and has been a member of the board of directors of several public and private health care companies. He has over 39 years of experience in the plasma and blood banking industry.

Organization Position Status
Immucor, Inc. Chair of Board Current

Organization Position Status
Immucor, Inc. Board of Directors Current
Per-Se Technologies, Inc. Board of Directors Current
Per-Se Technologies, Inc. Cfo Former
AGCO Corporation Vice President & Chief Financial Officer Former
Emageon Inc. Chief Operating Officer Former
Emageon Inc. Executive Vice President Former
AGCO Corporation Vice President, Finance Director International Operations Former
University of Florida bachelor of science degree Former

Ed Gallup was a founder of the Company in 1982 and was Chairman of the Board of Directors until his recent retirement. Mr. Gallup retired as Chief Executive Officer and Chairman of the Board in September 2006 after serving almost continually since the Company's founding. Mr. Gallup is a 35-year industry veteran previously serving as Vice President and General Manager of the Biological Corporation of America and as President of Clinical Services, Inc. Mr. Gallup was recently appointed as Chairman, Emeritus and will continue to serve as a consultant for the Company.

Organization Position Status
Immucor, Inc. Board of Directors Current
Immucor, Inc. Chairman & CEO Former

Organization Position Status
Immucor, Inc. Board of Directors Current

Jim Clouser, currently a consultant, served for many years as President, CEO and a board member of SteriGenics International, the global leader in medical device sterilization services, where he led the initial public offering of SteriGenics shares. He has also served as CEO, COO or CFO of several public and private healthcare and technology companies, including Ion Beam Applications, S.A., Attain Inc. and Diasonics Inc. Mr. Clouser holds an MBA in Finance and a Masters of Accounting and is a member of the American Institute of Certified Public Accountants

Organization Position Status
Immucor, Inc. Board of Directors Current
Sterigenics International, Inc. CEO Former
Sterigenics International, Inc. President Former
Sterigenics International, Inc. Board Member Former
Rochester Institute of Technology MBA Former

Paul Holland, M.D., currently Scientific Director of Delta Blood Bank in Stockton, California, has been involved in blood banking and transfusion medicine for over 40 years including service as Chief of the Blood Bank Department of the Clinical Center of the National Institutes of Health, Medical Director and CEO of the Sacramento Medical Foundation Blood Center, currently doing business as BloodSource, and as a Clinical Professor of Medicine and Pathology in the Division of Hematology/Oncology at UC Davis Medical Center. Dr. Holland has also advised biotech companies, U.S. and foreign governments, agencies and non-governmental organizations, including the World Health Organization; and he has served as President of the International Society of Blood Transfusion, and as a member of the nominating committee for the Nobel Prize in Medicine and Physiology

Organization Position Status
Immucor, Inc. Board of Directors Current

Philip H Moise was appointed Vice President, General Counsel and Secretary in April 2007, and serves as the Company s first general counsel. Before joining the Company, Mr. Moise was in the private practice of law, most recently as a partner and Co-Chair of Life Sciences at Sutherland Asbill & Brennan LLP in Atlanta. During a 30-year career in private practice, he represented over 35 public and private companies in the life sciences and medical products industries, and he had represented the Company for over 20 years. Mr. Moise graduated with honors from The Citadel and Duke University School of Law. There are no family relationships among any of the directors or executive officers of the Company. For information concerning the number of shares of the Company s Common Stock held by each nominee, see SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT below.

Organization Position Status
Immucor, Inc. Board of Directors Current
Life Sciences, Inc. Co-Chair Former

Ronny B. Lancaster is Senior Vice President, Federal Government Relations for Assurant, Inc. in Atlanta, Georgia. Prior to joining Assurant, Mr. Lancaster was the Senior Vice President and Chief Operating Officer for the Morehouse School of Medicine. Mr. Lancaster was previously the Executive Assistant to the Secretary and Principal Deputy Assistant Secretary for Planning and Evaluation at the U.S. Department of Health and Human Services ("HHS"), where his responsibilities included a wide range of policy, program and management matters. Mr. Lancaster has also served as General Counsel of Hamilton Enterprises, Inc., Senior Washington Representative for Blue Cross/Blue Shield Association, Chief of the Division of Fee-For-Service Plans at the U.S. Office of Personnel Management and Executive Assistant to the Chairman at the National Institute for Advanced Studies. Mr. Lancaster earned a B.A. in Economics from the Catholic University of America, an MBA from the Wharton School of the University of Pennsylvania, and his law degree from the Georgetown University Law Center. He is also admitted to the Bars of Pennsylvania and the District of Columbia, serves as a Board member for the Morehouse College Research Institute and is a past president for the Minority Health Professions Schools as well as the Minority Health Professions Foundation.

Organization Position Status
OraSure Technologies, Inc. Senior Vice President and Chief Operations Officer Current
The Hepatitis C Support Project Senior Vice President, Federal Government Relations Current
Assurant, Inc. Senior Vice President, Federal Government Relations Current
Histofreezer Board of Directors Current
Epitope, Inc. Board of Directors Current
OraSure Technologies, Inc. Board of Directors Current
Immucor, Inc. Board of Directors Current
The Hepatitis C Support Project Committee Member Current
Epitope, Inc. Committee Member Current
Minority Health Professions Foundation President Former
Morehouse School of Medicine Chief Operating Officer Former
Morehouse School of Medicine Senior Vice President Former
Hamilton Enterprises LLC General Counsel Former
U.S. Department of Health and Human Services Deputy Assistant Secretary Former
Blue Cross & Blue Shield Association Senior Washington Representative Former
Georgetown University Law Center J.D. Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
The Wharton School of the University of Pennsylvania M.B.A. Former
Georgetown University Law Center Law Degree Former
The Catholic University of America B.A. In Economics Former
Georgetown University Law Center Degree Former

Executive News

  • Immucor names new COO

    Biz Journals - 7/16/09 - View Story

  • Immucor (BLUD) Appoints Geoffrey S. Crouse as COO

    Street Insider - 7/16/09 - View Story

  • Immucor Appoints Chief Operating Officer

    PR Newswire via Yahoo! - 7/16/09 - View Story

  • Immucor (BLUD) Submits 10-Day Response to FDA; Establishes Product Surveillance and Improvement Department

    BioSpace - 7/14/09 - View Story

  • Immucor Submits 10-Day Response to FDA; Establishes Product Surveillance and Improvement...

    Reuters - 7/13/09 - View Story

  • Market Report -- In Play (BLUD)

    Briefing.com via MSN Money - 7/13/09 - View Story

  • Immucor Submits 10-Day Response to FDA; Establishes Product Surveillance and Improvement Department

    PR Newswire - 7/13/09 - View Story

  • Immucor responds to FDA

    Atlanta Business Chronicle - 7/13/09 - View Story

  • Eclipsys Names Perkins as CFO

    Health Data Management - 7/10/09 - View Story

  • Perkins Named CFO Of Eclipsys

    TradingMarkets - 7/09/09 - View Story

  • Eclipsys Appoints Chris Perkins CFO - Update

    RTTNews.com - 7/08/09 - View Story

  • Eclipsys Names Chris Perkins EVP And CFO - Quick Facts

    RTTNews.com - 7/08/09 - View Story

  • Chris Perkins Named Chief Financial Officer of Eclipsys Corporation

    Business Wire - 7/08/09 - View Story

  • Immucor Responds To FDA Notice

    Forbes.com - 6/26/09 - View Story

  • Immucor Responds To FDA Notice

    PR Newswire - 6/26/09 - View Story

advertisement
     BLUD $19.89 0.00 (0.00% )
Average Volume 588,844
Shares Outstanding 70.14M
Market Cap 1.4B
Year High 29.2
Year Low 11.24
Earnings Per Share 1.08
P/E Ratio 18.42
Dividend N/A
Yield N/A
advertisement