NELLCOR 50% GROWTH IN OEM OXIMETRY MODULE SALES IN FISCAL 1994
This article was originally published in The Gray Sheet
Executive Summary
NELLCOR 50% GROWTH IN OEM OXIMETRY MODULE SALES IN FISCAL 1994 helps inflate revenues 7.7%, to $235 mil. for the year. Nellcor reached OEM agreements with Datascope and Instrumentarium's Datex Division in its fourth quarter (ended July 3), "bringing the number of OEM and licensing partners to more than 30 medical systems and monitor manufacturers worldwide." Fourth quarter sales grew 9.6% to $65 mil.