Cardiac product developers see hearty revenues
This article was originally published in Clinica
Executive Summary
Sales growth in Angeion's line of cardiorespiratory diagnostic products and its New Leaf Health and Fitness franchise has led to an overall 10% increase in second-quarter revenues for 2004. During this period, the St Paul, Minnesota company began shipment of its new CPX Ultima gas exchange metabolic cart system. New losses recorded for both second-quarter and first-half periods were due to charges relating to the discontinuation of its implantable cardioverter defibrillator (ICD) product line at the end of 1999.