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CryoLife Reports Record Quarterly Revenues of $28.2 Million
Date:7/30/2009

ocessing revenues was primarily due to increased revenues from vascular tissue for the first six months of 2009 of $15.4 million as compared to $13.9 million for the first six months of 2008.

Revenues from the distribution of CryoValve((R)) SG pulmonary heart valves increased to $1.5 million for the second quarter of 2009 from $1.4 million for the second quarter of 2008, representing 24 percent of the Company's cardiac tissue processing revenues for the second quarter of 2009. Revenues from the distribution of CryoValve SG pulmonary heart valves increased to $2.7 million for the first six months 2009 from $1.6 million for the first six months of 2008, representing 22 percent of the Company's cardiac tissue processing revenues for the first six months of 2009.

BioGlue((R)) Surgical Adhesive revenues were $12.4 million for the second quarter of 2009 compared to $13.0 million for the second quarter of 2008, a decrease of 5 percent. Excluding the effects of changes in foreign currency exchange rates for the second quarter of 2009 compared to those in effect during the second quarter of 2008, which reduced BioGlue revenues by $331,000 for the second quarter of 2009, BioGlue revenues would have been $12.7 million. BioGlue revenues were $24.1 million for the first six months of 2009 compared to $24.9 million for the first six months of 2008, a decrease of 3 percent. Excluding the effects of changes in foreign currency exchange rates for the first six months of 2009 compared to those in effect during the first six months of 2008, which reduced BioGlue revenues by $639,000 for the first six months of 2009, BioGlue revenues would have been $24.8 million.

U.S. BioGlue revenues were $8.5 million and $9.1 million for the second quarters of 2009 and 2008, respectively. U.S. BioGlue revenues were $16.9 million and $17.7 million for the first six months of 2009 and 2008, respectively. International BioGlue revenues wer
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SOURCE CryoLife, Inc.
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