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CryoLife Posts Record Quarterly Revenues of $30.2 Million
Date:4/28/2011

n late September 2010, CryoLife entered into a distribution agreement for PerClot®, an absorbable powder hemostat that has CE Mark designation allowing commercial distribution into the European Community and other markets.  

Statements made in this press release that look forward in time or that express management's beliefs, expectations or hopes are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Such forward-looking statements reflect the views of management at the time such statements are made and are subject to a number of risks, uncertainties, estimates, and assumptions that may cause actual results to differ materially from current expectations.  These statements include those regarding our recent acquisition activity and its effect of repositioning our Company for accelerated revenue and earnings growth, and our anticipated performance for the full year of fiscal 2011.  These risks and uncertainties include that our acquisition activity may not spur accelerated revenue and earnings growth and we may experience difficulties in integrating Cardiogenesis into our business if the pending acquisition is successfully completed.  Also, our expansion of product offerings may not be accepted by surgeons and patients, thereby preventing us from reaping the anticipated benefits of these investments.  Further, accelerated revenue and earnings growth may be offset, particularly in the short term, by increased expenses related to these acquisitions and related efforts to fully integrate these acquisitions into our business.  It is also possible that we may be unsuccessful or delayed in our attempt to acquire Cardiogenesis, which may have a material adverse effect on our operating expenses and revenues.  The tender offer and merger may not be completed within our anticipated time frame, if at all, and a sufficient number of Cardiogenesis shareholders may not choose
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SOURCE CryoLife, Inc.
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Related medicine technology :

1. CryoLife Launches BioGlue® Surgical Adhesive in Japan
2. CryoLife Announces Release Date and Teleconference Call Details for 2011 First Quarter Financial Results
3. CryoLife Announces Expiration of Go-Shop Period Related to its Proposed Acquisition of Cardiogenesis Corporation
4. CryoLife Commences Tender Offer for All Outstanding Shares of Cardiogenesis Corporation
5. CryoLife Signs Definitive Agreement to Acquire Cardiogenesis
6. CryoLife Posts Record Annual Revenues of $116.6 Million
7. CryoLife Announces Release Date and Teleconference Call Details for 2010 Fourth Quarter and Year End Financial Results
8. CryoLife to Present at Lazard Capital Markets 7th Annual Healthcare Conference
9. CryoLife Begins Distribution of Blood-Clotting Agent PerClot® in Europe
10. CryoLife Announces Release Date and Teleconference Call Details for 2010 Third Quarter Financial Results
11. CryoLife Receives Japanese Regulatory Approval for BioGlue Surgical Adhesive
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