BNET Industries

Market Cap:$1.4B
Last Fiscal Year Sales:$284.1M
- Public
- US
Dow Jones Description
Since its founding in 2000, ev3 has been dedicated to improving the lives of patients with vascular disease through the development of innovative endovascular therapies. ev3's products are used by endovascular specialists to treat a wide range of peripheral vascular and neurovascular diseases and disorders. The company offers a comprehensive portfolio of treatment options, including the primary interventional technologies used today -- peripheral angioplasty balloons, stents, plaque excision systems, embolic protection devices, liquid embolics, embolization coils, thrombectomy catheters and occlusion balloons.
President & Chief Executive Officer
Robert J. PalmisanoNumber of Employees 1,250
Contact Information
Ste 100 9600 54th Ave N
Minneapolis, Minnesota 55442-2111
(763) 398-7000
Peer Companies
NAICS Code Surgical and Medical Instrument Manufacturing: 339112
Recent Events
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Ev3 Inc. Turns To Profit In Q3; Lifts FY09 Outlook - Update
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Barrington Downgrades EV3 EVVV to Market Perform
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Med-tech firm Ev3 posts first quarterly profit
News & Analysis
Filter by
ev3 inc. - All News and Analysis
ev3, Inc. Q3 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from David Lewis – Morgan Stanley. David Lewis – Morgan Stanley Shawn, I just wanted to begin where you left off, can you kind of just walk us through the updated change to not disclose Pipeline revenue? ...
eV3 Acquisition Broadens Neurovascular Product Portfolio
Zacks.com submits: ev3 Inc. EVVV recently announced that it has completed the acquisition of Chestnut Medical Technologies, Inc. The deal was valued at $26 million in net cash and approximately 5.073 million shares of ev3, for a total of approximately $75 million.An additional payment of up to $75...
EV3, Inc. Q1 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Your first call comes from Joanne Wuensch – BMO Capital Markets. Joanne Wuensch – BMO Capital Markets Could we get into some fabulous gross margin expansion and pick through almost 300 basis points of expansion year over year, the sources of that. And you're guidance...
ev3 Inc. Q4 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Your first question comes from Raj Denhoy - Thomas Weisel Partners. Raj Denhoy - Thomas Weisel Partners I was wondering if I could start a little bit on the neuro side. I mean it was very strong results again in the fourth quarter and I am...
ev3 Inc. Q3 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And thank you for your patience while the queue is being populated. And the first question comes from the line of Peter Bye with Jeffries. Please proceed. Peter Bye - Jeffries Hey, thanks guys. And Bob, good morning. Just, I guess, looking at the...
ev3 Inc. Q2 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions. And our first question will come from the line of David Lewis with Morgan Stanley. Please proceed. Ryan Chu Good morning. It’s Ryan Chu in for David Lewis, thanks for taking my questions. My question is given the evidence of some revenue stabilization in...
ev3, Inc. Q1 2008 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. Operator Instructions. Your first question comes from the line of Jason Mills representing Canaccord Adams. Please proceed. Jason Mills Hi guys. Thanks for taking the question. Bob Palmisano Good morning. Jason Mills So the first question is, with respect to guidance,...
ev3 Inc. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And your first question comes for the line of David Lewis of Morgan Stanley. Please proceed. David Lewis - Morgan Stanley Good morning, Jim. Jim Corbett Good morning. David Lewis - Morgan Stanley A couple of quick questions here, I know we're running late. First-off,...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Robert J. Palmisano | President & Chief Executive Officer |
| Pascal Girin | President, Intl |
| Stacy Enxing Seng | President, Division |
| Gerald B. Gollinger | Vice President, Quality & Chief Compliance Officer |
| Jeffery J. Peters | Chief Technology Officer |
| Kevin M Klemz | Secretary, Clo & Vice President |
| L. Cecily Hines | Chief Legal Officer, Secretary & Vice President |
| Craig Palmer | Vice President, Sales |
| Gregory Morrison | Vice President, HR |
| Michael D. Ritchey | Vice President, Corp Marketing |
| Michael E. Cameron | Vice President, Operations |
| Steve Adams | Vice President |
| Thomas C Wilder | |
| Dale A. Spencer | Director |
| Elizabeth H. Weatherman | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Daniel J. Levangie | Chairman |
| Douglas W. Kohrs | Board of Directors |
| Haywood D. Cochrane | Board of Directors |
| John K. Bakewell | Board of Directors |
| Richard B. Emmitt | Board of Directors |
| Thomas Timbie | Board of Directors |
Robert J. Palmisano has served as our President and Chief Executive Officer and as one of our directors since April 2008. Mr. Palmisano served as President and Chief Executive Officer of IntraLase Corp., a company engaged in the design, development and manufacture of laser products for vision correction, from April 2003 to April 2007, when IntraLase was acquired by Advanced Medical Optics, Inc. From April 2001 to April 2003, Mr. Palmisano was the President, Chief Executive Officer and a director of MacroChem Corporation, a development stage pharmaceutical corporation. From April 1997 to January 2001 Mr. Palmisano served as President and Chief Executive Officer and a director of Summit Autonomous, Inc., a global medical products company that was acquired by Alcon, Inc. in October 2000. Prior to 1997, Mr. Palmisano held various executive positions with Bausch & Lomb Incorporated, a global eye care company. Mr. Palmisano earned his B.A. in Political Science from Providence College. Mr. Palmisano serves on the boards of directors of Advanced Medical Optics, Inc. and Osteotech, Inc., both publicly held companies, and Songbird Hearing, Inc., a privately held company.
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | President & Chief Executive Officer | Current |
| Meritech Capital Partners | President and Chief Executive Officer | Current |
| American Surgisite Centers, Inc. | President and Chief Executive Officer | Current |
| Sv Life Sciences Advisers Llp | Venture Partner | Current |
| American Surgisite Centers, Inc. | Board Member | Current |
| ev3 Inc. | Board of Directors | Current |
| Osteotech, Inc. | Director | Current |
| Meritech Capital Partners | Board Member | Current |
| OraMetrix, Inc. | Director | Current |
| Summit Autonomous, Inc. | Chief Executive Officer | Former |
| MacroChem Corporation | Chief Executive Officer | Former |
| IntraLase Corp. | President & CEO | Former |
| Summit Autonomous, Inc. | President | Former |
| MacroChem Corporation | President | Former |
| SV Life Sciences | Venture Partner | Former |
| Summit Autonomous, Inc. | Director | Former |
| MacroChem Corporation | Director | Former |
| Providence College | B.A. In Political Science | Former |
| Osteotech, Inc. | member | Former |
Pascal E.R. Girin has served as our Executive Vice President and President, Worldwide Neurovascular and International since July 2008. Prior to this position, Mr. Girin served as our Senior Vice President and President, International since August 2007; President, International since July 2005; and General Manager, Europe since September 2003. From September 1998 to August 2003, Mr. Girin served in various capacities at BioScience Europe Baxter Healthcare Corporation, most recently as Vice President. Mr. Girin received an Engineering Education at the French Ecole des Mines.
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | President, Intl | Current |
| ev3 Inc. | General Manager, Europe | Former |
Stacy Enxing Seng has served as our Executive Vice President and President, U.S. Peripheral Vascular since December 2008. Prior to that, Ms. Enxing Seng served as our Senior Vice President and President, Peripheral Vascular Division from August 2007 to December 2008. From March 2005 to August 2007, Ms. Enxing Seng served as President, Peripheral Vascular Division. From April 2001 to March 2005, Ms. Enxing Seng served in various positions with ev3, including most recently as Vice President, Marketing and New Business Development. From March 1999 to April 2001, she served as Vice President of Marketing for the cardiology division at Boston Scientific/SCIMED. Ms. Enxing Seng has a Bachelor of Arts in Public Policy from Michigan State University and a Master of Business Administration from Harvard University.
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | President, Division | Current |
| Harvard University | Master of Business Administration | Former |
| Michigan State University | Bachelor of Arts in Public Policy | Former |
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Vice President, Quality & Chief Compliance Officer | Current |
Jeffrey J. Peters has served as our Vice President, Research and Development since December 2003 and its Chief Technology Officer since February 2005, and was previously our Vice President of Business Development from September 2001 to December 2003. From September 1996 to September 2001, Mr. Peters was a medical technology equity research analyst for RBC Dain Rauscher Wessels. Mr. Peters has a Bachelor of Science in Mechanical Engineering and a Master of Business Administration from the University of Minnesota.
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Chief Technology Officer | Current |
| Vertical Group | Chief Technology Officer | Current |
| ev3 Inc. | Vice President, Research and Development | Current |
| Vertical Group | Vice President, Research and Development | Former |
| University of Minnesota | Master of Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Vertical Group | Vice President, Secretary and Chief Legal Officer | Current |
| ev3 Inc. | Secretary, Clo & Vice President | Current |
| Oppenheimer Wolff & Donnelly Llp | Partner | Former |
| Hamline University | Bachelor of Arts In Business Administration | Former |
| William Mitchell College of Law | Former |
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Chief Legal Officer, Secretary & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Vice President, Sales | Current |
Gregory Morrison has served as our Senior Vice President, Human Resources since August 2007 and Vice President, Human Resources since March 2002. From March 1999 to February 2002, Mr. Morrison served as Vice President of Organizational Effectiveness for Thomson Legal & Regulatory. Mr. Morrison has a Bachelor of Arts in English and Communications from North Adams State College and a Master of Arts in Corporate Communications from Fairfield University.
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Vice President, HR | Current |
| Fairfield University | Master of Arts in Corporate Communications | Former |
| North Adams State College | Bachelor of Arts in English and Communications | Former |
| Organization | Position | Status |
|---|---|---|
| Vertical Group | Vice President Corporate Marketing | Current |
| ev3 Inc. | Vice President, Corp Marketing | Current |
| Fleishman-Hillard Inc. | Senior Vice President | Former |
| University of Southern California | Master of Business Administration Degree | Former |
| California State University, Northridge | Bachelor of Arts Degree In Media Management. | Former |
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Vice President, Operations | Current |
| Ohio Northern University | Bachelor of Science in Electrical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| PhotoThera, Inc. | President and Chief Executive Officer | Current |
| ev3 Inc. | Current | |
| MTI Corporation | Chief Executive Officer | Former |
| Therapeutics Incorporated | President | Former |
| MTI Corporation | President | Former |
| MTI Corporation | Chief Financial Officer | Former |
| Northwestern University | Master in Management | Former |
| Stanford University | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| Hypermed, Inc. | B. Carbeau Appointed Director, Chief Executive Officer and President | Current |
| ev3 Inc. | Chairman | Current |
| Hologic, Inc. | Director | Current |
| Dune Medical Devices Ltd. | Director | Current |
| Vertical Group | Director | Current |
| Hypermed, Inc. | Board of Directors | Current |
| Cytyc Corporation | CEO | Former |
| Cytyc Corporation | President, Surgical Products Division | Former |
| Cytyc Corporation | Coo | Former |
| Cytyc Corporation | Executive Vice President | Former |
| Cytyc Corporation | Senior Vice President | Former |
| ev3 Inc. | Board of Directors | Former |
| Cytyc Corporation | Director | Former |
| Northeastern University | B.S. In Pharmacy | Former |
| Organization | Position | Status |
|---|---|---|
| Velocimed, Inc. | Board of Directors | Current |
| Foundation Medical Partners L.P. | Board of Directors | Current |
| MTI Corporation | Board of Directors | Current |
| Anulex | Board Director | Current |
| ev3 Inc. | Director | Current |
| Vertis Neuroscience | Board of Directors | Current |
| CVRx, Inc. | Board of Directors | Current |
| Micro Therapeutics, Inc. | Board of Directors | Current |
| Vertical Group | Board of Directors | Current |
| Cvrx Inc | Board of Directors | Current |
| Boston Scientific Corporation | Executive Vice President | Former |
| Velocimed, Inc. | Co-Founder | Former |
| SCIMED | Former | |
| Northstar Neuroscience, Inc. | Board of Directors | Former |
| University of Illinois | M.B.A. | Former |
| University of Maine | B.S. In Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Tornier Inc | President and CEO | Current |
| Kyphon, Inc. | Member | Current |
| Disc Dynamics, Inc. | Current | |
| Vertical Group | Director | Current |
| Kyphon, Inc. | Board of Directors | Current |
| ev3 Inc. | Board of Directors | Current |
| Inhealth | Board of Directors | Current |
| American Medical Systems, Inc. | Chairman, President & CEO | Former |
| American Medical Systems Holdings, Inc. | Chief Executive Officer | Former |
| American Medical Systems Holdings, Inc. | Chair of Board | Former |
| American Medical Systems Holdings, Inc. | Board of Directors | Former |
| Northeastern University | M.B.A. | Former |
| Austin College | B.A. In Engineering Sciences | Former |
| Texas A&M University | B.S. In Bioengineering | Former |
| Organization | Position | Status |
|---|---|---|
| Warburg, Pincus, LLC | Managing Director, Healthcare, Medical Devices, New York | Current |
| ev3 Inc. | Director | Current |
| Bacchus Vascular, Inc. | Board of Directors | Current |
| MTI Corporation | Board of Directors | Current |
| Bausch & Lomb Incorporated | Board of Directors | Current |
| Vertical Group | Director | Current |
| Micro Therapeutics, Inc. | Board of Directors | Current |
| Wright Medical Group, Inc. | Board of Directors | Current |
| S.Com, Inc. | member | Former |
| Velocimed, Inc. | Director | Current |
| Stanford Graduate School of Business | M.B.A | Former |
| Mount Holyoke College | B.A. | Former |
| Organization | Position | Status |
|---|---|---|
| ev3 Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Wright Medical Group, Inc. | CFO | Current |
| Metasurg | Executive Vice President & Chief Financial Officer | Current |
| Activejoints | Executive Vice President and Chief Financial Officer | Current |
| HealthpointCapital LLC | Current | |
| Wright Medical Group, Inc. | Board of Directors | Current |
| Vertical Group | Board of Directors | Current |
| ev3 Inc. | Board of Directors | Current |
| Cyberonics, Inc. | Chief Financial Officer | Former |
| Cyberonics, Inc. | Vice President of Finance and Administration | Former |
Array
| Organization | Position | Status |
|---|---|---|
| Vertical Group | Managing Director | Current |
| Velocimed, Inc. | Current | |
| Wright Medical Group, Inc. | Board of Directors | Current |
| Tornier Inc | Board of Directors | Current |
| Tepha, Inc. | Director | Current |
| American Medical Systems Holdings, Inc. | Board of Directors | Current |
| ev3 Inc. | Board of Directors | Current |
| American Medical Systems, Inc. | Board of Directors | Current |
| Entrigue Surgical, Inc. | Board of Directors | Current |
| Incumed | Board of Directors | Current |
| Micro Therapeutics, Inc. | Director | Current |
| Galil Medical Inc. | Board of Directors | Current |
| MTI Corporation | Board of Directors | Current |
| Bioset | Director | Current |
| Osteobiologics, Inc. | Board of Directors | Former |
| Wright Medical, Inc | Board of Directors | Former |
| Rutgers University | M.B.A | Former |
| Bucknell University | B.A. in Economics | Former |
| Organization | Position | Status |
|---|---|---|
| Timbie & Company, LLC | President | Current |
| ev3 Inc. | Board of Directors | Current |
| American Medical Systems Holdings, Inc. | Board of Directors | Current |
| Vertical Group | Director | Current |
| Wright Medical Group, Inc. | Board of Directors | Current |
| Acclarent, Inc. | Board of Directors | Current |
| ev3 Inc. | Interim Chief Financial Officer | Former |
| Vertical Group | Interim Chief Financial Officer | Former |
| ev3 Inc. | Vice President | Former |
| Vertical Group | Vice President | Former |
| Timbie & Company, LLC | Founder | Former |
| Stetson University | Master of Business Administration | Former |
| University of Florida | Bachelor of Science In Accounting | Former |
Executive News
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ev3 Inc. to Present At the Morgan Stanley Global Healthcare Conference On September...
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ev3 Inc. (EVVV) to Present At the Thomas Weisel Partners Healthcare Conference On September 10, 2009
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ev3 Inc. to Present At the Thomas Weisel Partners Healthcare Conference On September...
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Wright Medical Group, Inc. to Participate in Robert W. Baird & Companys 2009 Healthcare Conference
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Wright Medical Group, Inc. to Participate in Thomas Weisel Partners Healthcare Conference 2009
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Wright Medical Group, Inc. to Participate in Thomas Weisel Partners Healthcare Conference 2009
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Wright Medical Group, Inc. to Participate in The 29th Annual Canaccord Adams Global Growth...
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Wright Medical Group, Inc. to Participate in The 29th Annual Canaccord Adams Global Growth Conference
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