Navigation Links
VNUS Update and Correction to 2008 Royalty Revenues
Date:6/3/2008

SAN JOSE, Calif., June 3 /PRNewswire-FirstCall/ -- VNUS(R) Medical Technologies, Inc. (Nasdaq: VNUS) updates and corrects its estimate of royalty revenues for 2008. Royalty revenues in 2008 are estimated to be $12.5 to $12.9 million which is changed from the previously announced royalty revenues of $11.3 to $11.7 million.

ABOUT VNUS MEDICAL TECHNOLOGIES, INC.

Founded in 1995 and headquartered in San Jose, California, VNUS Medical Technologies is a worldwide leader in medical devices for the minimally invasive treatment of venous reflux disease, a progressive condition that causes the varicose veins afflicting 25 million Americans. The pioneering company in the field, VNUS now offers the ClosureFAST system, which consists of a proprietary radiofrequency (RF) generator and proprietary disposable endovenous catheters and devices to close diseased veins through the application of temperature-controlled RF energy. VNUS devices have been used in more than 300,000 procedures worldwide. For more information, visit http://www.vnus.com/.

FORWARD-LOOKING STATEMENTS

In addition to statements of historical facts or statements of current conditions, VNUS has made forward-looking statements in this press release. Actual results may differ materially from current expectations based on a number of factors outside VNUS' control; including future royalty streams, and the responses by others to the settlement agreement. The reader is cautioned not to unduly rely on these forward-looking statements. VNUS expressly disclaims any intent or obligation to update these forward-looking statements except as required by law.


'/>"/>
SOURCE VNUS Medical Technologies, Inc.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1

Related medicine news :

1. FDA Updates Prescription Guidelines for Blood Thinner
2. PreMD Provides Update on 510(k) Application for PREVU(x) POC
3. Vista Partners Updates Coverage on Tapestry Pharmaceuticals
4. PA Game Commission: EHD Outbreak Update: Test Results Confirm EHD In Beaver County
5. Updated GOLD report presents new understandings in diagnosis, treatment and prevention of COPD
6. Cardinal Health Reaffirms Fiscal 2008 EPS Guidance, Updates Segment Profit Outlook
7. Update on Jill Finley Story, Coma Survivor
8. Billians HealthDATA Completes Comprehensive Long Term Care Database Update
9. Labopharm provides update on U.S. regulatory process for once-daily Tramadol
10. Updated Brochure on Gynecologic Cancer Treatments Now Available
11. MedQuist Updates Status of Outstanding SEC Filings
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/29/2016)... ... April 29, 2016 , ... Coalition Duchenne, a ... and funding for Duchenne research, participated in the April 25 U.S. Food and ... Duchenne drug eteplirsen. The meeting at the Marriott Conference Center in Hyattsville, Maryland ...
(Date:4/29/2016)... ... , ... Pro3rd Grunge is a package of 30 grunge-themed lower thirds created ... characters, and locations without having to set a single keyframe. Choose from a variety ... components. Simply select a preset and drag it into the FCPX timeline. ...
(Date:4/29/2016)... ... April 29, 2016 , ... Orthodontics ... their founders, Dr. Gemmi and Dr. Middleberg, were asked by Invisalign ... nation. During the seminar, titled “Advancing the Biomechanics of Invisalign Clear Aligners,” ...
(Date:4/28/2016)... ... 2016 , ... Sanford Health’s work in cellular therapy and ... and leaders from Sanford Health were selected to participate in the “ Third ... and receive the 2016 Pontifical Key Innovation Award at the Vatican. , The ...
(Date:4/28/2016)... , ... April 28, 2016 , ... Head Over Heels ... 9 Western Championships. The competition will be held at the University of Montana on ... gymnasts west of the Mississippi River. , In order to qualify, Varize needed to ...
Breaking Medicine News(10 mins):
(Date:4/27/2016)... , April 27, 2016 ... to reach USD 2.06 billion by 2022, according ... Inc. Increasing consumer awareness towards a healthy lifestyle ... next seven years.      (Logo: ... intake coupled with rising health treatment expenditure has ...
(Date:4/26/2016)... April 26, 2016 Hill-Rom Holdings, Inc. (NYSE: ... presentation at the Deutsche Bank 41 st Annual Health ... EDT. You are invited to listen to the ... or access it directly at http://edge.media-server.com/m/p/mr4uxgas . A recorded ... conclusion of the live event and accessible at the links ...
(Date:4/26/2016)... 26, 2016 Research and Markets has ... Risk Analysis of the Biological Medicine Industry in China ... report analyzes the financial assessment and credit risk of ... . The report provides readers with an in-depth understanding ... participants should be aware of. It considers current and ...
Breaking Medicine Technology: