Published in Healthcare Mergers, Acquisitions and Ventures Week, December 9th, 2006
During first 9 months of 2005 the company earned $4.9 million from work performed on a contract with Ethicon compared to $764,000 for the same period in 2006. Sales of the Nomad system in the 9 months ended September 30, 2005 included a $1.2 million one-time sale to the U.S. government not repeated in 2006. As of September 30, 2006, backlog totaled $6.9 million...
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