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Balance Sheet Cash Flow Statement 1653 E. Maple Rd. Troy, MI 48083-4208 MI Tel. 248-689-3050 Fax 248-689-4272 |
Type: Public
On the web:
http://www.somanetics.net
Employees:
105
Employee growth: (0.9%)
Somanetics sells the INVOS System, a noninvasive device that monitors blood oxygen levels in the brain, primarily during surgery. Based on Somanetics' in vivo optical spectroscopy (INVOS) technology, the device's disposable SomaSensors attach to each side of the patient's forehead, and the firm's proprietary software displays oxygen levels on a computer screen. Somanetics markets through a direct sales staff and distributors such as Covidien and Fresenius. Customers include surgeons, anesthesiologists, and other health care providers in the US and in nearly 60 countries abroad.
Key numbers for fiscal year ending November, 2008:
Sales: $47.5M
One year growth: 23.0%
Net income: $10.4M
Income growth: 7.9%
Officers:
President, CEO, and Director: Bruce J. Barrett
SVP Research and Development and Operations: Arik A. Anderson
VP, CFO, Controller, and Treasurer: William M. Iacona
Competitors:
CAS Medical
Covidien
Welch Allyn
