Navigation Links
PLC Systems Reports Third Quarter 2011 Results
Date:11/14/2011

MILFORD, Mass., Nov. 14, 2011 /PRNewswire/ -- PLC Systems Inc. (OTCBB: PLCSF), a company focused on innovative medical device technologies, today reported financial results for the three and nine month periods ended September 30, 2011. These results only include the company's RenalGuard® operations, since PLC completed the sale of its transmyocardial revascularization (TMR) business to Novadaq Corp. during the first quarter of 2011. Results from the TMR business are reflected in discontinued operations for all periods presented.

Third quarter 2011 total revenues were $27,000, compared to $17,000 in the third quarter of 2010. The net loss from continuing operations for the third quarter of 2011 was $401,000, or $0.01 per basic and diluted share, compared to a net loss from continuing operations of $5,000, or $0.00 per basic and diluted share, in the third quarter of 2010.  

Mark R. Tauscher, President and Chief Executive Officer of PLC Systems Inc., stated, "While we are disappointed with third quarter revenues, which reflects some seasonality in Europe, our primary market, we had one order at the very end of the quarter that could not be shipped before the quarter's close. That order and the increasing traction we are seeing in Europe already this quarter make us very optimistic about significantly stronger fourth quarter RenalGuard revenues."

He continued, "Over the last quarter, we achieved the following milestones:

  • First and most importantly, we signed Bracco Group subsidiary ACIST as our distributor in France and Germany, the largest European markets;
  • Results from the investigator-sponsored REMEDIAL II clinical trial of RenalGuard were published in the peer-reviewed Circulation;
  • We received final approval from FDA to commence our U.S. pivotal trial of RenalGuard; and
  • We secured additional patents to strengthen our intellectual property position.

  • All of these developments are
    '/>"/>

    SOURCE PLC Systems
    Copyright©2010 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6

    Related medicine technology :

    1. GeckoSystems Actively Negotiating Joint Venture with Chinese Wheelchair Manufacturer for International Marketing of Robotic Wheelchair Safety Technology
    2. Oxford Finance Provides $3 Million Growth Capital Loan to Avantis Medical Systems
    3. GeckoSystems Successfully Applies Its Mobile Robot Solutions to Improve Wheelchair Safety
    4. Medical Imaging Markets: X-Ray, Digital X-Ray, CT and Other Radiography Systems
    5. Medicomp Systems Announces Partnership to Integrate Quippe® into MED3OOO Product
    6. Global Trend in Diabetes Could Exact Catastrophic Toll on Emerging Global Healthcare Systems
    7. Diopsys Receives CE Mark for its VEP Vision Testing Systems
    8. Mevion Medical Systems Delivers the Worlds First Superconducting Synchrocyclotron for Proton Therapy to Barnes Jewish Hospital
    9. Cyberonics Receives FDA Approval for Expansion of MRI Use With VNS Therapy® Systems
    10. PLC Systems RenalGuard® to be Featured in Chronic Kidney Disease and Contrast Nephropathy Session at TCT 2011
    11. Varian Medical Systems to Exhibit the Latest Flat Panel Detectors and PaxPower™ X-ray Tubes at the CMEF Tradeshow in Fuzhou, Fuzhou Province, China
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:1/23/2015)... a third of reproductive-aged women enrolled in Medicaid, and more ... prescription for an opioid pain medication each year during 2008-2012, ... Weekly Report (MMWR). Opioids are typically prescribed ... They are also found in some prescription cough medications. The ...
    (Date:1/23/2015)... , Jan. 23, 2015 /PRNewswire/-- Harwood Feffer LLP ( ... of directors of Advaxis, Inc. ("Advaxis" or the "Company") ... has breached its fiduciary duties to shareholders. ... an investing website reporting that Advaxis had misrepresented the ...
    (Date:1/23/2015)... 2015  HyGreen, Inc., a leader in hand hygiene monitoring, ... Medical, a subsidiary of Ascendis Health Limited, in ... year, hundreds of millions of patients around the world ... transmitted from patient to patient via the unwashed hands ...
    Breaking Medicine Technology:Opioid painkillers widely prescribed among reproductive age women 2Opioid painkillers widely prescribed among reproductive age women 3Harwood Feffer LLP Announces Investigation of Advaxis, Inc. 2HyGreen Partners with RCA Medical in Johannesburg, South Africa 2
    ... ,Faces of Influenza, Karen Newman and LaShell Griffin Asking,Everyone, Especially Mothers, to Protect Themselves and Their Families ... and Every Year ... Photo Opportunity/Media Advisory, DETROIT, Dec. 11 , WHAT: Kristi Yamaguchi, Olympic ... Detroit Red Wings" LaShell Griffin, Oprah,s Pop ...
    ... More Resources and Take,Aggressive Steps to Prevent MRSA ... aren,t doing enough to protect patients from,Methicillin-resistant Staphylococcus ... infection control professionals released today., The online ... Control (APIC) found that 59 percent of those ...
    Cached Medicine Technology:Olympic Gold Medalist Kristi Yamaguchi Joins American Lung Association of Michigan to Address Seriously Low Vaccination Rates; Urge Metro-Detroiters to Get Immunized This Season 2Olympic Gold Medalist Kristi Yamaguchi Joins American Lung Association of Michigan to Address Seriously Low Vaccination Rates; Urge Metro-Detroiters to Get Immunized This Season 3Survey Finds U.S. Healthcare Facilities Not Doing Enough to Curb MRSA 2Survey Finds U.S. Healthcare Facilities Not Doing Enough to Curb MRSA 3
    (Date:1/22/2015)... LunaDress, with its top dressmaking technologies, has been a leading ... showing its latest designs of wedding dresses and launching a ... CEO, all the fresh new products are designed for 2015, ... 80% off. All the clothes from LunaDress follow up with ...
    (Date:1/22/2015)... Gabe’s Chemo Duck Program is pleased to announce ... ever created for kids with cancer. The Chemo Duck App, available ... filled with enjoyable games to help children of all ages living ... helps to keep kids entertained, educated and at ease while waiting ...
    (Date:1/22/2015)... Houston, TX (PRWEB) January 22, 2015 The ... Pro Bodybuilder Ben Pakulski to increase lean muscle by up ... This has caught the attention of HealthyandFitZone.com’s Stan Stevenson, prompting ... shows that it is a step-by-step, scientific diet formula that ...
    (Date:1/22/2015)... 23, 2015 AngelWeddingDress, the premier women’s ... maternity wedding dresses. View website of AngelWeddingDress.com ... for maternity wedding dresses online for a bridal party. ... high quality for them. Its maternity wedding dresses are ...
    (Date:1/22/2015)... A new white paper by The Beryl Institute ... long-term care environment as well as provides recommendations for ... “The Power of Person-Centeredness in Long-Term Care: A View ... patient, resident and family experience in long-term care and ...
    Breaking Medicine News(10 mins):Health News:LunaDress Shows The Latest Styles Of Wedding Dresses In 2015 2Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 2Health News:Chemo Duck Launches First App Ever Created for Kids with Cancer 3Health News:The Incredible Bulk: Review Examining Ben Pakulski’s Brand New Bulking Muscle Building Diet Program Released 2Health News:AngelWeddingDress Has Recently Released Its Collection Of 2015 Maternity Wedding Dresses 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 2Health News:The Power of Person-Centeredness in Long-Term Care Explored by The Beryl Institute 3
    ... in the walls of arteries − is thought of as ... number of young men and women, according to a new ... apparently healthy adults who are presumably ,the picture of health, ... an interventional cardiologist at the Institut universitaire de cardiologie et ...
    ... By Amanda Gardner HealthDay Reporter , MONDAY, ... soda seem to be prone to violence, new research suggests. ... not the direct cause of the aggression. While there,s ... contributes to violent behavior, the study shows an association, not ...
    ... in rural areas face unique challenges concerning health and wellness ... are more likely than women living in cities to be ... the disease. "The stage at which the cancer is ... recovery and survivability," said Faustine Williams, a doctoral student in ...
    ... MONDAY, Oct. 24 (HealthDay News) -- For the millions of ... taking the pills at bedtime may be best. It ... of the day can affect patients, blood pressure patterns, but ... study included 661 patients with chronic kidney disease and hypertension. ...
    ... By Jenifer Goodwin HealthDay Reporter , MONDAY, ... high levels of bisphenol A (BPA) while in their mother,s ... and emotional problems as toddlers, new research finds. BPA ... products. In the study, 244 mothers gave urine samples that ...
    ... MONDAY, Oct. 24 (HealthDay News) -- New research suggests that ... in patients with the most common form of lung cancer ... The combined treatment for non-small cell lung cancer was tested ... through more research, as experimental drugs go through three phases ...
    Cached Medicine News:Health News:Young, apparently healthy -- and at risk of heart disease 2Health News:Young, apparently healthy -- and at risk of heart disease 3Health News:Soft Drinks Linked to Violent Tendencies in Teens: Study 2Health News:Soft Drinks Linked to Violent Tendencies in Teens: Study 3Health News:Rural women more likely to be diagnosed with most serious form of breast cancer 2Health News:Taking Blood Pressure Meds at Bedtime May Be Better 2Health News:BPA Exposure in Womb Linked to Behavioral Woes in Girls 2Health News:BPA Exposure in Womb Linked to Behavioral Woes in Girls 3Health News:Experimental Vaccine Shows Promise for Lung Cancer: Study 2
    ... TME 227 T is a ... temporary cardiac pacing and monitoring ... The TME 227 T features ... myocardium, which allows safe and ...
    For temporary cardiac pacing after open heart surgery. The zig-zag portion of the heartwire is embedded into the desired area of the myocardium (epicardially)....
    For temporary cardiac pacing after open heart surgery. The zig-zag portion of the heartwire is embedded into the desired area of the myocardium (epicardially)....
    For temporary cardiac pacing after open heart surgery. The zig-zag portion of the heartwire is embedded into the desired area of the myocardium (epicardially)....
    Medicine Products: