BNET Industries

Market Cap:$3.6B
Last Fiscal Year Sales:$1.6B
  • Public
  • US
Dow Jones Description

Hologic, Inc. (NASDAQ: HOLX) is a leading developer, manufacturer and supplier of premium diagnostics, medical imaging systems, and surgical products dedicated to serving the healthcare needs of women throughout the world. Historically, Hologic developed, manufactured, and marketed products focused on mammography, breast care, and osteoporosis assessment. In 2007, we expanded our focus and now provide a comprehensive suite of technologies with products for mammography and breast biopsy, radiation treatment for early-stage breast cancer, cervical cancer screening, treatment for menorrhagia, osteoporosis assessment, preterm birth risk assessment, mini C-arms for extremity imaging, and molecular diagnostic products including reagents for a variety of DNA and RNA analysis applications. We are proud of this achievement, and conscious of the responsibility that our leadership position brings with it. We believe that the health issues facing women today deserve and demand the singular dedication of a passionate company. Our core business units are focused on breast health, diagnostics, GYN surgical, and skeletal health.

President and CEO, Scivanta Medical CorporationDavid R. Lavance
Number of Employees 3,933
Contact Information

35 Crosby Dr

Bedford, Massachusetts 01730

hologic.com

(781) 999-7300

NAICS Code Irradiation Apparatus Manufacturing: 334517

Recent Events

  • Conceptus seeks injunction against Hologic's Adiana contraception system

    5/25/09 - Lawsuit Filed - View Story

  • Hologic to delay launch

    5/06/09 - Bond / Stock Rating - View Story

  • Raymond James Downgrades Hologic HOLX to Market Perform

    5/05/09 - Bond / Stock Rating - View Story

  • SmarTrendR News Watch: Today's Analyst Downgrades - Wrap Up

    5/05/09 - Bond / Stock Rating - View Story

  • Charting The Market

    5/11/09 - Financial Announcement - View Story

  • Holding steady

    4/30/09 - Merger / Acquisition - View Story

  • Market Report -- Short Stories HOLX

    4/21/09 - Bond / Stock Rating - View Story

  • Hologic initiated with "buy"

    4/15/09 - Bond / Stock Rating - View Story

  • Madison biotech veteran Sneider named Nerites CFO

    2/06/09 - Merger / Acquisition - View Story

  • Hologic Announces First Quarter Fiscal 2009 Operating Results

    2/03/09 - Financial Announcement - View Story

  • Technical Trade Alerts on Market Movers: HGSI, HOLX, HOG, CELG, YHOO, RIMM

    1/13/09 - Financial Announcement - View Story

News & Analysis

hologic inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
David R. Lavance President and CEO, Scivanta Medical Corporation
Robert Cascella President, Chief Operating Officer and Director, Hologic, Inc.
Stuart A. Kingsley President, Gyn Surgical
Glenn P. Muir CFO, Treasurer, Secretary, Executive Vice President, Finance & Admin
David Brady Senior Vice President, Human Resources
John Pekarsky Senior Vice President, Sales and Strategic Accounts
Mark Casey Senior Vice President, General Counsel and Assistant Secretary
Peter Soltani Senior Vice President, Breast Health
Georgia Hitzke Vice President, Clinical & Product Mgmt
Robert H. Lavallee CAO & Senior Vice President
Wayne Taylor Vice President and General Manager, Europe
William Healy Vice President, Product
Holly Simmonds Managing Director
Paul Young Managing Director, Asia Pacific
Chris K. Joseph Director, Comm
Frances Crecco Director, IR
Jason Koller Director
Pam Cumming Director, Marketing
Jerry Baur Product Manager
Arthur G. Lerner Breast Surgeon
Daniel J. Levangie Director
Gerald Segel Director
Sally W. Crawford Director

Board of Directors

Name (plus bio) Position
Patrick J. Sullivan Chairman
John W. Cumming Board of Directors
Lawrence M Levy Board of Directors
Nancy L. Leaming Board of Directors
Wayne Wilson Board of Directors
William A. Peck Board Member

Mr. LaVance has been one of our directors since December 2002 and was elected lead independent director by our Board in 2008. Since 1997, Mr. LaVance has served as President of Century Capital Associates LLC, an investment banking firm that he founded specializing in the biosciences fields. From 1995 to 1997, Mr. LaVance was Managing Director for KPMG Health Ventures, leading the life sciences consulting practice of the KMPG accounting firm. Since 2003, Mr. LaVance has served as the Chairman of the Board of Directors, CEO and President of Scivanta Medical Corporation (SCVM.OB) (previously known as Medi-Hut Co., Inc).

Organization Position Status
Hologic, Inc. President and CEO, Scivanta Medical Corporation Current
Hologic, Inc. Board of Directors Current

Mr. Cascella was elected to our Board on June 24, 2008. He joined us in February 2003 as Chief Operating Officer and was promoted to President in September 2003. Prior to joining us, from 1998 to 2003, Mr. Cascella was a managing partner of CFG Capital LLC, an investment banking firm specializing in healthcare. Prior to joining CFG Capital, from 1995 to 1998, Mr. Cascella was Chief Operating Officer and Vice President of Finance for NeoVision Corporation, a developer of 3D ultrasound technology used for real-time guidance of interventional breast procedures. Mr. Cascella received a B.S. in Finance from Fairfield University in 1978.

Organization Position Status
Hologic, Inc. President, Chief Operating Officer and Director, Hologic, Inc. Current
Direct Radiography Div COO Current
Hologic, Inc. Board of Directors Current
Fischer Imaging Corporation President Former
Neovision, Inc. Chief Operating Officer Former
Fischer Imaging Corporation CFO Former
Neovision, Inc. Vice President of Finance Former
PerkinElmer, Inc. Director of Accounting Former
Fairfield University B.S. In Finance Former

Mr. Kingsley joined us in October 2007 in connection with our merger with Cytyc. Mr. Kingsley is our Senior Vice President, GYN Surgical, responsible for managing our GYN surgical line of business. Prior to joining us, Mr. Kingsley served Cytyc as President, Cytyc Diagnostic Products division and Senior Vice President since July 2006. Mr. Kingsley was Partner and Associate with McKinsey & Company, Inc. from November 1991 to July 2006.

Organization Position Status
Hologic, Inc. President, Gyn Surgical Current
McKinsey & Company, Inc. Partner Former
McKinsey & Company, Inc. Associate Former

Mr. Muir, a Certified Public Accountant, was appointed to the Company's Board of Directors in July 2001, and has held the positions of Executive Vice President, Finance and Administration and Treasurer since September 2000. Prior to that, Mr. Muir served as the Company's Vice President of Finance and Treasurer since February 1992 and Controller since joining the Company in October 1988. Mr. Muir has been the Company's Chief Financial Officer since 1992. From 1986 to 1988, Mr. Muir was Vice President of Finance and Administration and Chief Financial Officer of Metallon Engineered Materials Corp., a manufacturer of composite materials. Mr. Muir received an MBA from the Harvard Graduate School of Business Administration in 1986.

Organization Position Status
Hologic, Inc. CFO, Treasurer, Secretary, Executive Vice President, Finance & Admin Current
Hologic, Inc. Board of Directors Current
Harvard Business School MBA Former
Organization Position Status
Hologic, Inc. Senior Vice President, Human Resources Current
Hologic, Inc. Vice President, Hr Former

Mr. Pekarsky joined the Company in connection with the acquisition of the mammography assets from Trex Medical in September 2000 where he was Vice President, National Accounts. In August 2002, Mr. Pekarsky was appointed as the Company's Senior Vice President, Sales and Strategic Accounts. From February 1998 to September 2000, Mr. Pekarsky served in a number of enterprise and national account roles at Trex Medical. Prior to joining Trex Medical, Mr. Pekarsky was employed with CTI PET Systems from October 1996 to February 1998 and with Siemens Medical Systems from January 1984 to October 1996 serving in a variety of sales and management roles. Mr. Pekarsky received a Master of Public Health degree in Health Services Administration from the University of Pittsburgh.

Organization Position Status
Hologic, Inc. Senior Vice President, Sales and Strategic Accounts Current
Siemens Medical Systems Former
University of Pittsburgh Master of Public Health Degree In Health Services Former

Mr. Casey joined us in October 2007 in connection with our merger with Cytyc. Mr. Casey is our Senior Vice President and General Counsel. Prior to joining us, Mr. Casey joined Cytyc Corporation in 2002 as Assistant General Counsel and Chief Patent Counsel and most recently held the position of Vice President, Deputy General Counsel and Chief Patent Counsel. Prior to joining Cytyc, Mr. Casey served as an attorney for Boston Scientific from 1998 to 2002 and EMC Corporation from 1996 to 1998. Mr. Casey joined Digital Equipment Corporation's (DEC) law department in 1992, where he served as an attorney until 1996. Prior to this, Mr. Casey held various engineering positions with DEC and AT&T Network Systems from 1985 to 1992. Mr. Casey received a B.S. in Electrical Engineering from Syracuse University and a J.D. from Suffolk University.

Organization Position Status
Hologic, Inc. Senior Vice President, General Counsel and Assistant Secretary Current
Cytyc Corporation Chief Patent Counsel Former
Cytyc Corporation Assistant General Counsel Former
AT&T Network Systems Former
Suffolk University J.D. Former
Syracuse University B.S. In Electrical Engineering Former
Organization Position Status
Direct Radiography Div President Current
Hologic, Inc. Senior Vice President, Breast Health Current
Hologic, Inc. Vice President Former
Direct Radiography Div President & Vice President Former
Agfa Corporation General Manager Former
Crane Nuclear, Inc. General Manager Former
Product Development Corporation Former
University of Maryland PH.D. In Materials Engineering Former
Organization Position Status
Hologic, Inc. Vice President, Clinical & Product Mgmt Current
Imaging Economics Current
Organization Position Status
Hologic, Inc. CAO & Senior Vice President Current
Organization Position Status
Hologic, Inc. Vice President and General Manager, Europe Current
Organization Position Status
Hologic, Inc. Vice President, Product Current
Organization Position Status
Hologic, Inc. Managing Director Current
Organization Position Status
Hologic, Inc. Managing Director, Asia Pacific Current
Organization Position Status
Hologic, Inc. Director, Comm Current
Organization Position Status
Hologic, Inc. Director, IR Current
Organization Position Status
Hologic, Inc. Director Current
Direct Radiography Div Director Current
Hologic, Inc. Director Former
Direct Radiography Div Director Former
Organization Position Status
Hologic, Inc. Director, Marketing Current
Organization Position Status
Hologic, Inc. Product Manager Current

Dr. Lerner has been a director of the Company since February 2005. Dr. Lerner has been practicing medicine for more than 30 years and is currently in private practice as a breast surgeon. Since 1997, Dr. Lerner has also been the Surgical Director at the Dickstein Cancer Treatment Center in White Plains, New York, and an attending surgeon and Director Emeritus of the Department of Surgery at White Plains Hospital Center. Dr. Lerner has been affiliated with White Plains Hospital Center since 1974, is a past President of the Medical Staff and has served as a member of the Hospital's Board of Directors from 1986 to 1994. Dr. Lerner currently serves as Chairman of the Cancer Committee for the White Plains Hospital Cancer Program and Chairman of the Corporate Relations Committee for the American Society of Breast Surgeons. Dr. Lerner served as Governor of the American College of Surgeons from 1994 to 2000, and was the past President of the American Society of Breast Surgeons, the past President of the American College of Surgeons, Westchester Chapter, and the past Chairman of the Westchester Academy of Medicine, Division of Surgery. Dr. Lerner is a current member of the American College of Surgeons, the New York State Medical Society, the American Institute of Ultrasound in Medicine and the Metropolitan Breast Cancer Group.

Organization Position Status
White Plains Hospital Center Director Emeritus Current
Hologic, Inc. Breast Surgeon Current
The American Society of Breast Surgeons Corporate Relations Chair Current
The American Society of Breast Surgeons Past President Former
Hologic, Inc. Board of Directors Former
Organization Position Status
Hologic, Inc. Chairman Current
PerkinElmer, Inc. Board of Directors Current
Organization Position Status
Hypermed, Inc. B. Carbeau Appointed Director, Chief Executive Officer and President Current
Cytyc Corporation President, Surgical Products Division Current
ev3 Inc. Chairman Current
Hologic, Inc. Director Current
Hypermed, Inc. Board of Directors Current
Vertical Group Director Current
Dune Medical Devices Ltd. Director Current
Cytyc Corporation CEO 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

Gerald Segel has served as a Director of the Company since October 1996. Mr. Segel was Chairman of Tucker Anthony Incorporated from January 1987 until his retirement in May 1990. From 1983 to January 1987, Mr. Segel served as President of Tucker Anthony Incorporated. Mr. Segel is also a director of Hologic, Inc. Mr. Segel received his B.A. from Harvard University.

Organization Position Status
Hologic, Inc. Director Current
XIUS-BCGI Board of Directors Former
Harvard University B.A. Former

Mr. Cumming was appointed as Chairman of the Board in May, 2008. He has served as the Company’s Chief Executive Officer and director since July 2001. From November 2002 until October 2007, Mr. Cumming also served as our Chairman. Mr. Cumming served as our President from July 2001 through September 2003. Prior to July 2001 and since joining our company, Mr. Cumming held the position of Senior Vice President and President, Lorad. Prior to joining us, Mr. Cumming served as President and Managing Director of Health Care Markets Group, a strategic advisory and investment banking firm that he founded in 1984.

Organization Position Status
Hologic, Inc. Board of Directors Current
Hologic, Inc. Chairman & CEO Former
Hologic, Inc. President Former
Healthcare Markets Group President Former
Healthcare Markets Group Managing Director Former
Elscint Limited Division Manager Former
Elscint Limited Member Former
Organization Position Status
Brown Rudnick Co Partner Current
Brown Rudnick Co Chair Current
Facing History Director Current
Hologic, Inc. Board of Directors Current
Securitieslaw Partner Former
Corporate Inc Partner Former
U.S. Securities and Exchange Commission Former
Yale University B.A. Former
Harvard Law School LLB Former

Ms. Leaming has been one of our directors since September 2003. Ms. Leaming, an independent consultant, was the Chief Executive Officer and President of Tufts Health Plan, a provider of healthcare insurance, from 2003 to 2005. Prior to that, Ms. Leaming served as Tufts Health Plan's President and Chief Operating Officer from 1998 to 2003, the Chief Operating Officer from 1995 to 1998 and Chief Operating Officer/ Chief Financial Officer from 1986 to 1995. Ms. Leaming currently serves as chair of the Boards of the American Red Cross of Massachusetts Bay and as a director of Edgewater Technology, Inc., The Jacobson Group, Massachusetts Taxpayers Foundation, Biogen Idec Inc. (BIIB) and the Boston Chamber of Commerce.

Organization Position Status
Edgewater Technology, Inc. Director Current
Massachusetts Taxpayers Foundation Director Current
The Jacobson Group Director Current
Hologic, Inc. Board of Directors Current
The Jacobson Group Executive Management Team Member Current
Lebanon Valley College Bachelor's Degree Former
Organization Position Status
Healthsource, Inc. Healthcare Consultant Current
Omnipod Insulin Management System Board of Directors Current
Cytyc Corporation Director Current
Charley's Fund, Inc. Board of Directors Current
CombinatoRx, Incorporated Director Current
Hologic, Inc. Director Current
Universal American Financial Corp. Board of Directors Current
Healthsource, Inc. Chief Executive Officer Former
Healthsource, Inc. Chief Operating Officer Former
EXACT Sciences Corporation Chairperson Former
Boston University MS In Communication Former
Smith College BA In English Former
Organization Position Status
Edgewater Lead Independent Director Current
Turningpoint Systems, Inc Senior Advisor Current
Edgewater Technology, Inc. Chairman Current
Hologic, Inc. Board of Directors Current
Cytyc Corporation Board of Directors Current
Edgewater Technology, Inc. Board of Directors Current
PC Connection, Inc. President Former
PC Connection, Inc. Chief Operating Officer Former
PC Connection, Inc. Senior Vice President Former
Deloitte & Touche LLP Partner Former
Deloitte Touche Tohmatsu partner Former
The University of North Carolina at Chapel Hill MBA Degree Former
Duke University A.B. Degree In Political Science Former

"Dr. Peck is currently serving as the Wolff Distinguished Professor at Washington University and Director of the Center for Health Policy. From 1993 to June 2003, Dr. Peck served as Executive Vice Chancellor for Medical Affairs at Washington University and from 1989 to June 2003, Dean of the School of Medicine at Washington University, St. Louis, Missouri. "

Organization Position Status
Allied Healthcare Products, Inc. Director, Center for Health Policy, School of Medicine, Washington University, St. Louis, Missouri Current
Rivervest Venture Management, LLC Advisor Current
Hologic, Inc. Board Member Current
Reinsurance Group of America, Inc. Board Member Current
Allied Healthcare Products, Inc. Board of Directors Current
Johnson & Johnson Scientific Advisory Committee Former
Angelica Corporation Board of Directors Former
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     HOLX $13.65 -0.27 (-1.94% )
Average Volume 4,051,660
Shares Outstanding 256.54M
Market Cap 3.5B
Year High 24.22
Year Low 9.31
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
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