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Utah Medical Products

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BUSINESS
March 4, 1997
Ballard Medical Products, a Utah medical products manufacturer, plans to acquire Neuro Navigational Corp., a Costa Mesa developer of fiber-optic imaging technology and micro-tools for brain surgery. Financial terms weren't disclosed. Neuro said Ballard had an option under a July 1995 agreement to acquire Neuro's assets. As part of that agreement, Ballard had acquired a 19.5% stake at the time. Details of the option weren't disclosed. The acquisition is expected to occur by March 20.
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BUSINESS
March 4, 1997
Ballard Medical Products, a Utah medical products manufacturer, plans to acquire Neuro Navigational Corp., a Costa Mesa developer of fiber-optic imaging technology and micro-tools for brain surgery. Financial terms weren't disclosed. Neuro said Ballard had an option under a July 1995 agreement to acquire Neuro's assets. As part of that agreement, Ballard had acquired a 19.5% stake at the time. Details of the option weren't disclosed. The acquisition is expected to occur by March 20.
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BUSINESS
December 29, 1995
Utah Medical Products said it has received approval from the U.S. Food and Drug Administration for its Cordguard II umbilical cord clamping device. The disposable device clamps and cuts the umbilical cord and collects an uncontaminated blood sample immediately after birth. It was developed by Huntington Beach-based OB Tech Inc., whose assets were acquired by Utah Medical in December 1993.
BUSINESS
December 29, 1995
Utah Medical Products said it has received approval from the U.S. Food and Drug Administration for its Cordguard II umbilical cord clamping device. The disposable device clamps and cuts the umbilical cord and collects an uncontaminated blood sample immediately after birth. It was developed by Huntington Beach-based OB Tech Inc., whose assets were acquired by Utah Medical in December 1993.
BUSINESS
January 2, 1994
OB Tech Inc., which is developing a unique disposable system called Cordguard for sampling blood from umbilical cords, has been sold to a Utah medical device manufacturer for $2.5 million. The Huntington Beach company's deal with Utah Medical Products, announced in August, was completed after Utah Medical studied the effectiveness and profit potential of Cordguard. The device allows doctors to stop the flow of blood from newly cut umbilical cords and take sterile samples for laboratory analysis.
BUSINESS
August 21, 1993 | JAMES S. GRANELLI, TIMES STAFF WRITER
A Salt Lake City company said Friday that it has tentatively agreed to buy OB Tech Inc., a 3-year-old Orange County company that has developed an obstetrical product to be used during births. Utah Medical Products Inc. said it will purchase the Huntington Beach company, subject to several conditions, for about 60% of the $4 million that investors put into the firm, plus "substantial" royalties over the next 17 years on its newly patented product.
CALIFORNIA | LOCAL
July 10, 2001 | WILLIAM LOBDELL, TIMES STAFF WRITER
With two tablespoons of blood drawn from each of 100,000 volunteers worldwide, Brigham Young University researchers hope to create a DNA database that will use genetic markers to help reconstruct family trees going back 15 generations. Officials with the high-tech genealogy project have traveled to Southern California a few times over the last year to collect blood from people who can trace their family histories back at least four generations.
BUSINESS
December 29, 1995 | From Times Staff and Wire Reports
Long-term Treasury bond yields closed below 6% on Thursday for the first time since 1993, as investors continued to lock in rates in the face of a struggling economy. Just nine days after the Federal Reserve Board shaved its official interest rate for the second time this year, the bond market is clearly demonstrating confidence that the Fed must cut further, analysts said.
BUSINESS
January 2, 1994
OB Tech Inc., which is developing a unique disposable system called Cordguard for sampling blood from umbilical cords, has been sold to a Utah medical device manufacturer for $2.5 million. The Huntington Beach company's deal with Utah Medical Products, announced in August, was completed after Utah Medical studied the effectiveness and profit potential of Cordguard. The device allows doctors to stop the flow of blood from newly cut umbilical cords and take sterile samples for laboratory analysis.
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