BNET Industries

Trimedyne Inc.

(TMED) is in the Health Care Industry

Market Cap:$7.3M
Last Fiscal Year Sales:$5.8M
  • Public
  • US
Dow Jones Description

Trimedyne, Inc. (the "Company", "we", "our" or "us") is engaged in the development, manufacturing and marketing of 80 and 30 watt Holmium "cold" pulsed lasers ("Lasers") and a variety of disposable and reusable, fiber optic laser energy delivery devices ("Fibers", "Needles" and "Tips") for use in a broad array of medical applications. Our Lasers, Fibers, Needles and Tips have been cleared for sale by the U.S. Food and Drug Administration ("FDA") for use in orthopedics, urology, ear, nose and throat ("ENT") surgery, gynecology, gastrointestinal surgery, general surgery and other medical specialties. Most of the medical procedures in which our Lasers, Fibers, Needles and Tips are used are being reimbursed by Medicare and most insurance companies and health plans. Our 100% owned subsidiary, Mobile Surgical Technologies, Inc. ("MST"), is engaged in the rental of lasers, along with the services of a trained operator and, if requested, the provision of applicable Fibers, Needles or Tips, on a "fee per case" basis to hospitals, surgery centers, group practices and individual physicians in Texas. MST's revenues and those of our field service department represented about 35% of our revenues in the fiscal year ended September 30, 2008.

Number of Employees 51
Contact Information

25901 Commercentre Dr

Lake Forest, California 92630-8805

trimedyne.com

(949) 951-3800

NAICS Code Electromedical and Electrotherapeutic Apparatus Manufacturing: 334510

News & Analysis

laser and trimedyne inc. - All News and Analysis

  • Trimedyne Receives $6.5 Million Payment

    - 1998-12-07

    IRVINE, Calif.--BUSINESS WIRE--Dec. 7, 1998--Trimedyne Inc. (Nasdaq/NMS:TMED) Monday announced it received the $6.5 million payment from C.R. Bard Inc. due under the settlement agreement reached in late November. As a result of this payment, Trimedyne's stockholders' equity has increased to approximately $16,870,000 or $1.55 per share as of this...

    Tags: Business Wire, FINANCE, laser, payment, surgery, Trimedyne Inc.

  • Trimedyne Inc. files action against C.R. Bard

    - 1995-10-09

    IRVINE, Calif.--BUSINESS WIRE--Oct. 9, 1995--Trimedyne Inc. (NASDAQ:TMED) Monday announced that it has filed a lawsuit in the Superior Court of the state of California against C.R. Bard Inc. This action involves the 1991 Agreement between Trimedyne and Bard covering sales and marketing rights of the Urolaser device and other side-firing...

    Tags: Business Wire, California, laser, Trimedyne Inc.

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     TMED $0.40 0.00 (0.00% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 4,793
Shares Outstanding 18.37M
Market Cap 7.3M
Year High 0.51
Year Low 0.08
Earnings Per Share N/A
P/E Ratio -
Dividend N/A
Yield N/A
IndustryTop Rated
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