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BUSINESS
July 13, 1996
A Massachusetts manufacturer of monitoring instruments and biomed equipment has completed its acquisition of SensorMedics Corp. for a total of about $70 million. Thermo Electron Corp. said the investment includes the issuance of about 1.2 million of its shares, options to buy additional 150,000 shares and the assumption of certain liabilities.
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BUSINESS
July 13, 1996
A Massachusetts manufacturer of monitoring instruments and biomed equipment has completed its acquisition of SensorMedics Corp. for a total of about $70 million. Thermo Electron Corp. said the investment includes the issuance of about 1.2 million of its shares, options to buy additional 150,000 shares and the assumption of certain liabilities.
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BUSINESS
January 13, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
Sensormedics Corp., which won a UC Irvine award for creating the best new medical device last year, said Tuesday that it has filed with the Securities and Exchange Commission for permission to become a public company by selling 1.7 million shares in March. The company, which manufactures a ventilator for premature babies, said it wants to raise about $23 million to be used for expanding the company and paying off debt.
BUSINESS
November 30, 1995
SensorMedics, a medical instrumentation company, will pay $2.8 million to a Minnesota firm to settle a patent infringement dispute. St. Paul-based Medical Graphics Corp. said it expects to receive an initial payment of about $975,000, after deductions for legal costs, by the end of the year. Additional semiannual payments during an eight-year period will total more than $1.8 million after legal costs, the company said. Further terms of the settlement were not disclosed.
BUSINESS
May 13, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
UC Irvine on Tuesday awarded Amgen Inc. a 1991 Medical Product of the Year Award for its development of a drug that stimulates blood cell growth in bone marrow, a technique that helps patients overcome the toxic effects of chemotherapy. "It's the No. 1 blockbuster drug to come out of the biomedical industry in at least five years," said Dr. Andrew Senyei, a judge in the annual competition, sponsored by UCI's Medical Research and Education Society. "It is a billion-dollar drug."
BUSINESS
April 3, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
SensorMedics Corp. said Tuesday that it has received approval from the U.S. Food and Drug Administration to begin marketing a new type of ventilator that can save the lives of prematurely born infants who struggle to breathe when standard equipment fails.
BUSINESS
August 30, 1990 | LESLIE BERKMAN, TIMES STAFF WRITER
A small Yorba Linda company is forming a joint venture in the Soviet Union to assemble medical equipment to diagnose respiratory problems caused by environmental pollution and smoking. The deal, subject to Moscow's final approval, would have an interesting twist in this era of warming East-West relations: The Soviets plan to generate cash to buy parts for the assembly operation by selling scrap metal from dismantled Soviet tanks. George D.
BUSINESS
November 30, 1995
SensorMedics, a medical instrumentation company, will pay $2.8 million to a Minnesota firm to settle a patent infringement dispute. St. Paul-based Medical Graphics Corp. said it expects to receive an initial payment of about $975,000, after deductions for legal costs, by the end of the year. Additional semiannual payments during an eight-year period will total more than $1.8 million after legal costs, the company said. Further terms of the settlement were not disclosed.
BUSINESS
August 4, 1987
SensorMedics Corp., an Anaheim maker of medical electronics systems for the lungs and heart, will acquire the cardiopulmonary division of Spectramed Inc., a Newport Beach medical products manufacturer, the two companies announced Monday. Terms of the agreement, which is expected to become final later this month, were not announced.
BUSINESS
January 13, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
Sensormedics Corp., which won a UC Irvine award for creating the best new medical device last year, said Tuesday that it has filed with the Securities and Exchange Commission for permission to become a public company by selling 1.7 million shares in March. The company, which manufactures a ventilator for premature babies, said it wants to raise about $23 million to be used for expanding the company and paying off debt.
BUSINESS
May 13, 1992 | JAMES M. GOMEZ, TIMES STAFF WRITER
UC Irvine on Tuesday awarded Amgen Inc. a 1991 Medical Product of the Year Award for its development of a drug that stimulates blood cell growth in bone marrow, a technique that helps patients overcome the toxic effects of chemotherapy. "It's the No. 1 blockbuster drug to come out of the biomedical industry in at least five years," said Dr. Andrew Senyei, a judge in the annual competition, sponsored by UCI's Medical Research and Education Society. "It is a billion-dollar drug."
BUSINESS
April 3, 1991 | LESLIE BERKMAN, TIMES STAFF WRITER
SensorMedics Corp. said Tuesday that it has received approval from the U.S. Food and Drug Administration to begin marketing a new type of ventilator that can save the lives of prematurely born infants who struggle to breathe when standard equipment fails.
BUSINESS
August 30, 1990 | LESLIE BERKMAN, TIMES STAFF WRITER
A small Yorba Linda company is forming a joint venture in the Soviet Union to assemble medical equipment to diagnose respiratory problems caused by environmental pollution and smoking. The deal, subject to Moscow's final approval, would have an interesting twist in this era of warming East-West relations: The Soviets plan to generate cash to buy parts for the assembly operation by selling scrap metal from dismantled Soviet tanks. George D.
BUSINESS
August 4, 1987
SensorMedics Corp., an Anaheim maker of medical electronics systems for the lungs and heart, will acquire the cardiopulmonary division of Spectramed Inc., a Newport Beach medical products manufacturer, the two companies announced Monday. Terms of the agreement, which is expected to become final later this month, were not announced.
BUSINESS
May 5, 1987
SensorMedics Corp. said it has agreed to acquire a cardiopulmonary instruments manufacturer from Spectramed Inc., of Dayton, Ohio., for an undisclosed amount of cash. Privately held Anaheim-based SensorMedics said the Spectramed unit has annual revenues of $20 million, which will boost SensorMedics' yearly sales to $50 million.
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