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

ble sets and one console that shipped in the third quarter of 2010. As a result, RenalGuard revenues increased $10,000, or 59%, in the third quarter of 2011 as compared to the same period in 2010.  

Sales, General and Administrative costs continued to decline sequentially this year, to $591,000 in the third quarter of 2011 from $667,000 in the second quarter this year, but increased slightly from $545,000 in the third quarter of 2010.  Research & Development expenses were $312,000 in the third quarter of 2011, an increase from $116,000 in the third quarter of 2010 that reflects higher costs associated with preparations for the Company's U.S. pivotal clinical trial of RenalGuard.

Nine Months ResultsFor the nine months period in 2011, PLC reported revenues of $482,000, compared to $533,000 in the same period of 2010. Net loss from continuing operations for the first nine months of 2011 was $4,729,000, or a loss of $0.16 per basic and diluted share, compared to a net loss from continuing operations of $764,000, or a loss of $0.03 per basic and diluted share, in the same period last year.

New CFOOn October 3, 2011, the Company appointed Gregory W. Mann as its Chief Financial Officer.  Mr. Mann most recently served as Business Unit CFO at Virtusa Corporation, a global information technology services company.  At Virtusa, Mr. Mann held a variety of finance roles during seven years with the company. He has also held finance and accounting positions at companies including Acusphere, BeFree, and Intergen Energy.

Added Mr. Tauscher, "I am very pleased that we were able to attract someone with Greg's experience and background to PLC.  He will bring to PLC a fresh vision for our finance operation and his management experience will be a strong skill for us as we go forward."

About PLC Systems Inc.PLC Systems Inc., headquartered in Milford, Mass., is a medical device company focused on innovative tech
'/>"/>

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:3/26/2015)... Ohio entrepreneur is introducing a product designed to give people ... start-up company known as SEED Protocol LLC, ... empower individuals to manage, review, and protect their healthcare files, ... The SEED Protocol – ... to protect their own health records by storing them in ...
(Date:3/26/2015)... 2015 IGI Laboratories, Inc. (NYSE MKT: IG), ... generic pharmaceutical company, today announced it has submitted its ... Food and Drug Administration (FDA) of 2015, which brings ... at the FDA to twenty-three. Jason ... "On March 2, 2015, we committed to file at ...
(Date:3/26/2015)... Gelesis , a clinical stage ... products to induce weight loss and improve glycemic ... financing of shares of convertible preferred stock for ... conversion of approximately $4 million of outstanding convertible ... used to support the continued clinical development of ...
Breaking Medicine Technology:Ohio Entrepreneur Develops Technology that Allows Patients Control Over Their Healthcare Records 2Ohio Entrepreneur Develops Technology that Allows Patients Control Over Their Healthcare Records 3Ohio Entrepreneur Develops Technology that Allows Patients Control Over Their Healthcare Records 4IGI Laboratories, Inc. Announces First ANDA Submission Of 2015 2Gelesis Closes $22M Equity Financing 2Gelesis Closes $22M Equity Financing 3
... Regional Medical Center is expanding its emergency care ... AirLife Denver medical helicopter service in Cheyenne. The ... HCA-HealthONE, which operates AIRLIFE Denver. (Photo:   ... sonic green helicopter will be stationed in Cheyenne and ...
... Ill., Nov. 11, 2011 Patients who are dependent on ... knee replacement surgery have much more difficulty recovering, ... and Joint Surgery (JBJS) has found. These ... a higher rate of complications, and are more likely to ...
Cached Medicine Technology:Cheyenne Regional Medical Center Announces New Air Ambulance Service Partnership with HealthONE's AirLife Denver 2Cheyenne Regional Medical Center Announces New Air Ambulance Service Partnership with HealthONE's AirLife Denver 3Take Care with Pain Meds 2Take Care with Pain Meds 3
(Date:3/26/2015)... Houston, Texas (PRWEB) March 26, 2015 ... nonprofit organization Health Fitness Revolution, founded by Samir Becic, ... based on their own personal health and fitness, as ... the political agenda. The list includes Sen. Ted Cruz, ... elections, as well as all other politicians who have ...
(Date:3/26/2015)... 26, 2015 CRN International took the ... to help celebrate the achievement of jobseekers from five ... serving some 500 people. , The program, called Platform ... in partnership with the Connecticut Department of Labor, ... unemployed workers and place them at appropriate companies. CRN, ...
(Date:3/26/2015)... Spring, Md. (PRWEB) March 26, 2015 ... participating in a pageant. Not until last year, when ... daughter Eliana has pulmonary hypertension (PH) – a debilitating ... the heart and can lead to right-heart failure. The ... was born in 2003. Lyndsi entered the pageant to ...
(Date:3/26/2015)... 2015 The beauty industry united on ... man who revolutionized the business of beauty education. The ... founder of Pivot Point International, Inc. Passage’s wife Lenie, ... Leo. Held at the Art Institute of Chicago, the ... industry and media leaders and served as the signature ...
(Date:3/26/2015)... NC (PRWEB) March 26, 2015 DiabetesSisters ... Inc. in the amount of $25,000 for a groundbreaking ... involves both DiabetesSisters and a partnering organization, The Society ... of a landmark report on women and diabetes. The ... of in need of research to improve the health ...
Breaking Medicine News(10 mins):Health News:How the Candidates for the 2016 Presidential Election Rank in Health and Fitness 2Health News:How the Candidates for the 2016 Presidential Election Rank in Health and Fitness 3Health News:CRN International Shows Support For Groundbreaking Connecticut Program To Aid The Unemployed 2Health News:Albuquerque Area Mom Enters Mrs. New Mexico Pageant to Help Fight Pulmonary Hypertension 2Health News:#BeautyChangesLives Legacy Award Pays Tribute to Industry Icon Leo Passage 2Health News:#BeautyChangesLives Legacy Award Pays Tribute to Industry Icon Leo Passage 3Health News:DiabetesSisters Receives Financial Support for Landmark Report from Janssen Pharmaceuticals 2
... HAWAII, OCTOBER 24, 2011) Heavy alcohol consumption may ... cancer, while higher BMI and increased consumption of black ... the deadly disease. In three separate studies presented at ... College of Chest Physicians (ACCP), heavy alcohol consumption was ...
... Holds Record for Highest Lung Cancer Mortality Rates , ... with other cities, Detroit has one of the highest ... lung cancer (NSCLC). Based on data from the National ... researchers from the McLaren Regional Medical Center in Flint, ...
... in cardiac surgery who receive extra training on a take-home ... operating room, Dr. Buu-Khanh Lam today told the Canadian Cardiovascular ... the Canadian Cardiovascular Society. Dr. Lam and a ... and miniature tubing that can be taken home by ...
... with tissue from their own abdomen experience significant gains ... three weeks after surgery. That is one of the ... Cancer , a peer-reviewed journal of the American ... breast cancer survivors who are contemplating these types of ...
... 22 (HealthDay News) -- While there are challenges, Halloween can ... "They can enjoy Halloween and enjoy some of the ... a pediatric endocrinologist and senior scientist at the University of ... news release. "We give parents and kids three options ...
... used nonsteroidal anti-inflammatory drugs for at least 10 years ... Initiative study had a lower risk for death from ... of these drugs at enrollment, according to data presented ... Cancer Prevention Research, held Oct. 22-25, 2011. "Our ...
Cached Medicine News:Health News:Heavy alcohol consumption linked to lung cancer 2Health News:CHEST 2011: Embargoed studies highlight new lung cancer and COPD research 2Health News:CHEST 2011: Embargoed studies highlight new lung cancer and COPD research 3Health News:Heart surgeons-in-training benefit from hands-on homework 2Health News:Advanced post-mastectomy breast reconstruction improves women's psychosocial and sexual well-being 2Health News:Healthy Halloween Advice for Children With Diabetes 2Health News:NSAID use associated with lower colorectal cancer mortality rates among postmenopausal women 2
... is a national reference laboratory and a ... development. ARUP offers an extensive test menu ... in clinical and anatomic pathology. Owned by ... include more than half of the nation's ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
... national reference laboratory and a worldwide leader ... offers an extensive test menu of highly ... and anatomic pathology. Owned by the University ... than half of the nation's university teaching ...
Medicine Products: