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Cardima Inc

 
Hoover's Profile: Cardima, Inc.
 
(OTC:CADM)
Contact Information
Cardima, Inc.
47266 Benicia St.
Fremont, CA 94538-7330
CA Tel. 510-354-0300
Toll Free 888-354-0300
Fax 510-657-4476

Type: Public
On the web: http://www.cardima.com
Employees: 77
Employee growth: 92.5%

They may not pick up your morning radio exercise program, but Cardima's products can still get your heart pumping. Cardima's micro-catheters diagnose life-threatening heart arrhythmia by locating or "mapping" its source. The company's products then restore normal heart rhythm by destroying the arrhythmia-causing tissue with radio frequency energy, a process called ablation. Cardima markets its products to electrophysiologists and heart surgeons directly and through distributors primarily in the US; most of the rest of its sales are made in Europe. Cardima's brand names include REVELATION, PATHFINDER, and TRACER.

Key numbers for fiscal year ending December, 2008:
Sales: $1.5M
One year growth: 25.8%
Net income: ($13.7)M

Officers:
Chairman: Tony K. Shum
CEO, Acting CFO, and Director: Medical Equipment & Supplies

Competitors:
Biosense Webster
Boston Scientific
Medtronic

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