BNET Industries
Last Fiscal Year Sales:$23.2M
- Public
- US
Dow Jones Description
Developer of Vascular Trachytherapy Products Using Intravascular Radiation to Reduce Incidence of Restenosis
Co-Founder
Thomas D. WeldonNumber of Employees 98
Contact Information
Ste 500 560 S Winchester Blvd
San Jose, California 95128-2500
(770) 717-0904
Peer Companies
NAICS Code Marketing Consulting Services: 541613
News & Analysis
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novoste corp. - All News and Analysis
Novoste and Best Vascular Complete Asset Sale Transaction
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) and Best Vascular, Inc. Best Vascular jointly announced today the completion of the sale of substantially all of the assets of Novoste's Vascular Brachytherapy VBT business to Best Vascular. The two companies had previously announced the transaction on October 12, 2005, and the...
Novoste Announces Special Meeting Results
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today the results of today's special meeting of shareholders. Novoste's shareholders voted at the meeting to approve the following proposals: --A proposal to approve the proposed asset sale transaction set forth in the amended and restated asset purchase agreement, as...
Glass Lewis Recommends That Novoste Shareholders Vote for All Board Proposals at the March 7 Special Meeting, Including Asset Sale Proposal and Dissolution and Liquidation Proposal, on Novoste's Blue Proxy Card
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today that Glass Lewis & Co., a leading national independent proxy advisory firm, has recommended that Novoste's shareholders vote FOR dissolution and liquidation and each of the other proposals to be considered at Novoste's special meeting of shareholders on March 7, 2006...
Novoste Announces Effectiveness of One-for-Four Reverse Stock Split
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today that its previously declared one-for-four reverse split of its outstanding shares of common stock became effective today prior to the opening of trading on the Nasdaq National Market. The reverse stock split is effective with respect to shareholders of record as...
Novoste to Implement 1-for-4 Reverse Stock Split to Avoid Nasdaq Delisting
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today that its board of directors has approved a one-for-four reverse stock split of Novoste's common stock. The reverse stock split will be effective as of 12:01 a.m. Eastern Standard Time on Friday, November 4, 2005, and Novoste's common stock will begin...
Novoste Announces Results of Five Year Follow-up of Its START and START 40/20 Trials
NORCROSS, Ga. -- Positive Long Term Clinical Results Indicate Novoste's Beta-CathTM System Has Sustained Durability for Vascular Brachytherapy in the Treatment of In-Stent Restenosis Novoste Corporation (NASDAQ: NOVT) today announced the results of its Post Approval Studies PAS, which included the three-, four-, and five-year follow-up of the STents...
Novoste and Best Medical Enter into Amended and Restated Asset Purchase Agreement
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) and Best Medical International, Inc. Best jointly announced today that they have entered into an Amended and Restated Asset Purchase Agreement whereby Best Vascular, Inc. Best Vascular, an affiliate of Best, will acquire substantially all of the assets related to Novoste's Vascular Brachytherapy...
Novoste Terminates Merger Agreement With ONI
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today that it has terminated its merger agreement with ONI Medical Systems, Inc. after Novoste's shareholders, at today's reconvened special meeting of shareholders in lieu of an annual meeting, failed to approve the issuance of shares of Novoste common stock necessary to...
Novoste Unsuccessful in Negotiating Revised Terms to Merger Agreement with ONI; Special Meeting of Shareholders to Convene on September 26, 2005
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today that it has been unsuccessful in negotiating revised terms to its merger agreement with ONI Medical Systems, Inc. Novoste will reconvene its Special Meeting in lieu of an Annual Meeting of Shareholders on September 26, 2005 at 9:00 a.m. local...
Novoste Announces Adjournment of Shareholder Meeting until September 26, 2005 to Permit Negotiation of Revised Terms of Merger Agreement
NORCROSS, Ga. -- Novoste Corporation (NASDAQ: NOVT) announced today that it adjourned its Special Meeting in lieu of an Annual Meeting of Shareholders until September 26, 2005. The Company stated that it had convened its shareholders' meeting on September 14, 2005, as scheduled, and adjourned the meeting to provide further...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Thomas D. Weldon | Co-Founder |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Stephen Shapiro | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Accuitive Medical Ventures | Co-Founder | Current |
| Novoste Corporation | Co-Founder | Current |
| The Innovation Factory, LLC | Chairman | Current |
| Novoste Corporation | CEO | Former |
| Neovista, Inc. | Co-Founder | Former |
| The Innovation Factory, LLC | Co-Founder | Former |
| Liposonix, Inc | Co-Founder | Former |
| Cellutions | Co-Founder | Former |
| Neuronetics, Inc. | Co-Founder | Former |
| Acufocus | Co-Founder | Former |
| Arthur Young, Inc. | Former | |
| Liposonix, Inc | Chairman | Former |
| Novoste Corporation | Chairman | Former |
| Indiana University | M.B.A. | Former |
| Purdue University | B.S. In Industrial Engineering | Former |
Stephen Shapiro is Vice President-Engineering for Schawbel, a position he has held since he joined the company during 1986. His primary responsibilities have included the development of a line of consumer products utilizing the company's patented ThermaCELL technology. Prior to joining Schawbel, Stephen was employed by The Gillette Company for seventeen years, most recently as Assistant Director of the Advanced Technology Lab. In this capacity Steve managed a group of engineers, scientists, technicians and machinists that developed consumer products for a variety of Gillette's divisions. Steve was also responsible for program management and budgeting for the Laboratory. Before joining Gillette, Steve was a Senior Engineer with Becton-Dickinson & Co. for six years. Steve earned a Bachelor of Science degree from Baldwin Wallace College in Berea, Ohio. He is an avid bicyclist and hiker who also enjoys baking bread in which he utilizes his own wild yeast cultures.
| Organization | Position | Status |
|---|---|---|
| The Schawbel Corporation | President, Engineering | Current |
| Advanced Technology Ventures, Inc. | Venture Partner | Current |
| Advanced Technology Ventures | Technology Partner | Current |
| Novoste Corporation | Board of Directors | Current |
| On-The-I.Com | Director | Current |
| Aperio Technologies, Inc. | Board of Directors | Current |
| Aperio, Inc. | Director | Current |
| Closure Medical Corporation | Director | Current |
| The Wilkerson Group | Managing Director | Former |
| Becton, Dickinson & Company | Director of Technology and New Business Development | Former |
| Becton, Dickinson & Company | Senior Engineer | Former |
| University of California | M.S. in Biomedical Engineering Studies in Medical Physics | Former |
| University of California, Berkeley | M.S. in Biomedical Engineering Studies in Medical Physics | Former |
| Massachusetts Institute of Technology | B.S | Former |
| Baldwin-Wallace College | Bachelor of Science Degree | Former |
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