BNET Industries

ICU Medical Inc.

(ICUI) is in the Health Care Industry

Market Cap:$592.8M
Last Fiscal Year Sales:$204.7M
  • Public
  • US
Dow Jones Description

ICU Medical was founded in 1984 by Dr. George Lopez, a practicing internist who imagined that there must be a better way of securing I.V. lines after tragically losing a patient due to an accidental disconnect. Dr. Lopez conceived a product, later known as the Click Lock, which provided a locking mechanism for these I.V. systems. The Click Lock was comprised of a protected needle which would also serve to prevent health care workers from being accidentally stuck by the I.V. needles. Today, with a market cap of close to 500 million ICU has an impressive list of landmark products including the CLAVE NeedleFree Connector and the CLC2000 Catheter Patency Device. Still led by Dr. Lopez, ICU is solely focused on developing and manufacturing products that not only protect the Health Care worker from accidental needlesticks, but protect the integrity of the patient's IV system as well.

Chairman of the Board, President and Chief Executive OfficerGeorge Lopez
Number of Employees 1,829
Contact Information

951 Calle Amanecer

San Clemente, California 92673

www.icumed.com

(949) 366-2183

NAICS Code Surgical and Medical Instrument Manufacturing: 339112

Recent Events

  • ICU Profit Shoots Up 135%

    4/18/09 - Financial Announcement - View Story

News & Analysis

icu medical inc. - All News and Analysis

Additional Resources

  • Impact of performance obstacles on intensive care nurses' workload, perceived quality and safety of care, and quality of working life

    - 2009-04-01

    A major challenge for intensive care units ICUs is improving quality and safety of nursing care. For example, a recent study found that there was one error for every five medication doses administered in a medical-surgical ICU. The medication administration stage was especially susceptible for errors (Kopp et al. 2006)....

  • Medegen Prevails on Appeal in ICU Medical Inc. Patent Infringement Case

    - 2008-12-02

    Leader in Infusion Therapy Medical Products Protects Proprietary Innovation ONTARIO, Calif. -- Medegen, a leading innovator in infusion therapy medical products, announced today that it has won an important legal victory in the United States Court of Appeals for the Federal Circuit in Washington, D.C. The appellate court's...

  • Ontario Region

    - 2008-10-01

    Forty years since its inception, CANNT has become the key of the nephrology world. The increase in membership is evident over the years. We thank the board of directors of CANNT for their invaluable commitments. This year (2008) marks CANNT's 40th anniversary and it is just fitting to...

Decision Makers

Name (plus bio) Position
Francis J. O'Brien Chief Financial Officer
Frank O'Brien Chief Financial Officer
Scott E. Lamb Chief Financial Officer
Alison Burcar Vice President Marketing
Burcar Alison Brummett Vice President Marketing
Greg Pratt Vice President, Intl Sales & Marketing
Rich Costello Vice President of Sales
Steve Riggs Vice President of Operations
John J. Connors Patent Attorney, Founder, Connors & Associates, Inc.
James Reitz Director of Human Resources
Rob Houde Director, Renal Division
Andre Schepers Manager, Intl Business Dev
Carlo Bassoli Manager
Michelle Olivo Marketing Manager
Scott St Germain Manager, Animal Health
Tim Shannon Manager
Kevin McGrody Controller
Robert S. Swinney Director

Board of Directors

Name (plus bio) Position
George Lopez Chairman of the Board, President and Chief Executive Officer
Joseph R. Saucedo Chairman and President, Bolsa Resources, Inc., Management Consulting Firm
Michael T Kovalchik Chairman
Richard H. Sherman Physician and Assistant Chair
Amanecer Calle Board of Directors
Jack W. Brown Board of Directors
Michael T. Kovalchick III Board of Directors
Micharel T. Kovalchik Board of Directors

Chairman of the Board, President and Chief Executive Officer, ICU Medical, Inc. Dr. Lopez, 56, is the founder of the Company and has served as Chairman of the Board, President and Chief Executive Officer for more than five years. Dr. Lopez has held various offices and served as a director of the Company since its founding in 1984 with some interruptions in service.

Organization Position Status
ICU Medical, Inc. Chairman of the Board, President and Chief Executive Officer Current
ICU Medical, Inc. General Partner Current
ICU Medical, Inc. Founder Former
ICU Medical, Inc. Board of Directors Former

Mr. Saucedo, 60, was elected to the Board of Directors in 2001 and is Chairman of the Audit Committee and a member of the Compensation Committee.

Organization Position Status
ICU Medical, Inc. Chairman and President, Bolsa Resources, Inc., Management Consulting Firm Current
ICU Medical, Inc. Director Current
Organization Position Status
ICU Medical, Inc. Chief Financial Officer Current
ICU Medical, Inc. Secretary Current
Ernst & Young partner Former
Organization Position Status
ICU Medical, Inc. Chief Financial Officer Current

Mr. Lamb became Chief Financial Officer April 30, 2008. Prior to joining ICU Medical, Mr. Lamb was Senior Director of Finance at GE Medical Systems Information Technologies formerly VitalCom, Inc. Mr. Lamb previously worked for Iteris, Inc. as Corporate Controller and as Division Controller for ten years at Datum, an OEM provider. Mr. Lamb received his MBA from the University of Redlands.

Organization Position Status
ICU Medical, Inc. Chief Financial Officer Current
ICU Medical, Inc. Board of Directors Current
GE Medical Systems Information Technologies Senior Director of Finance Former
ICU Medical, Inc. Controller Former
Datum Inc Division Controller Former
University of Redlands MBA Former

Ms. Burcar, 31, became Vice President of Marketing in August 2002, after having been Marketing Operations Manager since March 1998. Ms. Burcar has been with the Company since 1995.

Organization Position Status
ICU Medical, Inc. Vice President Marketing Current
Organization Position Status
ICU Medical, Inc. Vice President Marketing Current
Organization Position Status
ICU Medical, Inc. Vice President, Intl Sales & Marketing Current

Mr. Costello, 40, became Vice President of Sales in December 1997, after having been National Sales Manager since August 1996 and a product specialist since 1992.

Organization Position Status
ICU Medical, Inc. Vice President of Sales Current

Mr. Riggs, 45, became Vice President of Operations in August 2002, after having been Director of Operations since 1998. Mr. Riggs has been with the Company since 1992.

Organization Position Status
ICU Medical, Inc. Vice President of Operations Current

Mr. Connors, 62, was elected to the Board of Directors in 1992 after also serving as a director from December 1988 to July 1989. Mr. Connors is a member of the Audit Committee and the Compensation Committee.

Organization Position Status
ICU Medical, Inc. Patent Attorney, Founder, Connors & Associates, Inc. Current
ICU Medical, Inc. Board of Directors Current
Organization Position Status
ICU Medical, Inc. Director of Human Resources Current
Organization Position Status
ICU Medical, Inc. Director, Renal Division Current
Organization Position Status
ICU Medical, Inc. Manager, Intl Business Dev Current
Organization Position Status
ICU Medical, Inc. Manager Current
Organization Position Status
ICU Medical, Inc. Marketing Manager Current
ICU Medical, Inc. Producst Specialist Current
Organization Position Status
ICU Medical, Inc. Manager, Animal Health Current
Organization Position Status
ICU Medical, Inc. Manager Current
Organization Position Status
ICU Medical, Inc. Controller Current
Organization Position Status
The Charlotte Hungerford Hospital Chairman Ethics Committee Current
ICU Medical, Inc. Chairman Current
ICU Medical, Inc. Director Current

Dr. Sherman, 57, was elected to the Board of Directors in 1990 and is a member of the Compensation Committee and the Nominating/Corporate Governance Committee.

Organization Position Status
ICU Medical, Inc. Physician and Assistant Chair Current
ICU Medical, Inc. Board of Directors Former
Organization Position Status
ICU Medical, Inc. Board of Directors Current

Mr. Brown, 64, was elected to the Board of Directors in 1992 and is a member of the Audit Committee and the Compensation Committee.

Organization Position Status
ICU Medical, Inc. Board of Directors Current

Dr. Kovalchik, 58, was elected to the Board of Directors in 1989 and is the Chairman of the Compensation Committee and a member of the Nominating/Corporate Governance Committee.

Organization Position Status
ICU Medical, Inc. Board of Directors Current
Organization Position Status
ICU Medical, Inc. Board of Directors Current

Dr. Swinney, 58, was elected to the Board of Directors in 1998 and also previously served as a director from 1989 to October 1995. Dr. Swinney is a member of the Compensation Committee and the Nominating/Corporate Governance Committee.

Organization Position Status
ICU Medical, Inc. Director Current
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     ICUI $41.16 -0.27 (-0.65% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 175,593
Shares Outstanding 14.78M
Market Cap 608.2M
Year High 42.77
Year Low 23.03
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated

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