Latest Possis Medical Inc. Stories

2009-03-26 09:30:00

Highlights Include Possis Acquisition and Patient Care Innovations WARRENDALE, Pa., March 26 /PRNewswire/ -- MEDRAD, INC.'s revenues grew to over $600 million in 2008, an increase of more than 10 percent over the previous year (excluding the effect of the Possis Medical, Inc. acquisition). A worldwide leading provider of diagnostic imaging and therapeutic medical devices, MEDRAD has achieved a double-digit annual revenue growth for over 10 years. (Logo:...

2008-03-26 09:00:00

LEVERKUSEN, Germany, and PITTSBURGH, Pennysylvania, March 26 /PRNewswire-FirstCall/ -- Bayer HealthCare affiliate MEDRAD, Inc. announced today that it has successfully completed its tender offer for the outstanding shares of common stock of Possis Medical, Inc. . The depositary for the offer has advised MEDRAD that, as of the expiration of the offer at 5:00 p.m., New York City time, on Tuesday, March 25, 2008, a total of 14,951,550 Possis Medical shares were validly tendered in the offer and...

2006-11-29 09:00:14

Possis Medical, Inc. (NASDAQ:POSS) today announced that it has received clearance from the U.S. Food and Drug Administration (FDA) to market its AngioJet® Xpeedior® catheter to remove blood clots (thrombus) from upper- and lower-extremity peripheral veins. The Xpeedior catheter, which is used with Possis' world-leading AngioJet System, is the only device cleared for removing thrombus--a treatment known as thrombectomy--in peripheral veins. Each...

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