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Publicly Traded Medical Device Manufacturers - Top 17

Ranked by revenue | List information taken from the 2013 Business Information Guide
Source: U.S. Securities and Exchange Commission filings, annual reports, company representatives, and websites. If you were not contacted for this list but would like to be in the future, please contact research@tcbmag.com.
Note: American Medical Systems Holdings, Inc., Medtox Scientific, Inc., and Synovis Life Technologies, Inc., which appeared on last year's list, were acquired in 2011 or 2012.
Company
Address
Phone • Website
Founded/
Employees
Revenue for most recent fiscal year (000)1
Revenue for prior fiscal year (000)/
Percent change
Ticker symbol
CEO/
CFO
Fiscal year end
Products/offerings
1
3M Company
3M Center
Maplewood, MN 55144
651-733-1110 • 3m.com
1902
84,000
$29,611,000
$26,662,000
11.06
MMM
Inge Thulin
David Meline
12/31/11
Medical and dental products, including drug-delivery and health information systems, infection prevention and orthodontics products, skin and wound care solutions, stethoscopes, veterinary x-ray, and surgical wound management products
2
Medtronic, Inc.
710 Medtronic Pkwy.
Fridley, MN 55432
763-514-4000 • medtronic.com
1949
45,850
$16,184,000
$15,933,000
1.58
MDT
Omar Ishrak
Gary Ellis
4/30/12
Pacemakers; implantable cardioverter defibrillators; spinal products, including artificial cervical discs; coronary, thoracic, and peripheral stents; insulin pumps; continuous glucose monitoring systems; neurostimulators; and surgical tools and navigation equipment used in operating room procedures
3
St. Jude Medical, Inc.
1 St. Jude Medical Dr.
St. Paul, MN 55117
651-756-2000 • sjm.com
1976
16,000
$5,611,696
$5,164,771
8.65
STJ
Daniel Starks
Donald Zurbay
12/31/11
Pacemakers, implantable cardioverter defibrillators, mechanical heart valves, tissue heart valves, vascular closure devices, cardiac mapping systems, ablation catheters, spinal cord stimulators, deep brain stimulators, lesion assessment technology, structural heart and other medical devices
4
Techne Corporation
614 McKinley Pl. NE
Minneapolis, MN 55413
612-379-8854 • techne-corp.com
1976
847
$314,560
$289,962
8.48
TECH
Gregory Melsen
Charles Kummeth
Gregory Melsen
6/30/12
Hematology controls--which are used in hospitals and clinical laboratories to check the accuracy of blood analysis instruments--and biotechnology products, including purified proteins and antibodies, and assay kits that are sold to the research and clinical diagnostic markets
5
Nortech Systems, Inc.
1120 Wayzata Blvd. E, Ste. 201
Wayzata, MN 55391
952-345-2244 • nortechsys.com
1981
710
$114,236
$99,820
14.44
NSYS
Michael Degen
Richard Wasielewski
12/31/11
Complex wire harness assemblies; printed circuit board assemblies; high-flex vision cables for medical devices, including automatic external defibrillators and computerized tomography (CT) scanners
6
Vascular Solutions, Inc.
6464 Sycamore Ct.
Maple Grove, MN 55369
763-656-4300 • vascularsolutions.com
1997
355
$89,956
$78,443
14.68
VASC
Howard Root
James Hennen
12/31/11
Diagnostic and interventional devices for vascular medicine, including hemostat products, extraction catheters, vein products, specialty catheters, access products, and other products for clinical use
7
Cardiovascular Systems, Inc.
651 Campus Dr.
St. Paul, MN 55112
651-259-1600 • csi360.com
1989
290
$82,490
$78,780
4.71
CSII
David Martin
Larry Betterley
6/30/12
Medical devices for treating cardiovascular disease; its Diamondback 360-degree system is designed to optimize procedural safety and efficiency for patients suffering from occlusive peripheral arterial disease
8
IntriCon Corporation
1260 Red Fox Road
Arden Hills, MN 55112
651-636-9770 • intricon.com
1977
599
$56,058
$58,697
(4.50)
IIN
Mark Gorder
J. Scott Longval
12/31/11
Biotelemetry products, including life-critical diagnostic monitoring devices, drug-delivery systems, injection-molded plastics, and microelectronics and micro-mechanical assemblies
9
Rochester Medical Corporation
1 Rochester Medical Dr.
Stewartville, MN 55976
507-533-9600 • rocm.com
1988
328
$53,373
$41,443
28.79
ROCM
Anthony Conway
David Jonas
9/30/11
Silicone catheters for continence care and bladder drainage; products include silicone, self-adhering male external catheters, antimicrobial intermittent catheters, and anti-infection Foley catheters, which are non-latex and proven to reduce catheter-associated urinary tract infections
10
SurModics, Inc.
9924 W 74th St.
Eden Prairie, MN 55344
952-500-7000 • surmodics.com
1979
113
$52,756
$69,898
(24.52)
SRDX
Gary Maharaj
Andy LaFrence
9/30/11
Drug-delivery technologies, including coatings, microparticles, and implants; surface-modification coating technologies that enable lubricity, prohealing, and biocompatibility capabilities
11
HEI, Inc.
1495 Steiger Lake Lane
Victoria, MN 55386
952-443-2500 • heii.com
1968
200
$37,415
$36,420
2.73
HEII
Mark Thomas
Ken Licau
Mark Thomas
12/31/11
Expertise in design, development and long-term manufacturing of complex electrical and electro-mechanical Class II and Class III medical devices and related complex disposables requiring strong embedded systems and modern user interfaces
12
MGC Diagnostics Corporation
350 Oak Grove Pkwy.
St. Paul, MN 55127
651-484-4874 • mgcdiagnostics.com
1986
124
$27,002
$29,041
(7.02)
MGCD
Gregg Lehman
Robert Wolf
10/31/11
Non-invasive cardio-respiratory diagnostic systems that provide a view of a person's overall cardiorespiratory health and fitness
13
Uroplasty, Inc.
5420 Feltl Road
Minnetonka, MN 55343
952-426-6140 • uroplasty.com
1992
108
$20,562
$13,787
49.14
UPI
David Kaysen
Robert Kill
Mahedi Jiwani
Brett Reynolds
3/12/14
The Urgent PC system, a minimally invasive, office-based neuromodulation therapy for the treatment of urinary symptoms--urinary urgency, urinary frequency, and urge incontinence; Macroplastique, a minimally invasive, implantable, soft-tissue urethral bulking agent for the treatment of adult female stress urinary incontinence
14
Electromed, Inc.
500 6th Ave. NW
New Prague, MN 56071
952-758-9299 • smartvest.com
1992
91
$19,524
$19,004
2.74
ELMD
Kathleen Skarvan
Jeremy Brock
6/30/12
SmartVest airway clearance system and underlying technologies; the vest offers a self-administered treatment for patients suffering from conditions related to impaired lung and airway capacity
15
Urologix, Inc.
14405 21st Ave. N
Plymouth, MN 55447
763-475-1400 • urologix.com
1991
94
$17,027
$12,571
35.45
ULGX
Greg Fluet
Brian Smrdel
6/30/12
Minimally invasive medical products, including non-surgical, catheter-based treatments that use proprietary microwave technology for the treatment of benign prostatic hyperplasia, a condition that affects more than 23 million men worldwide
16
Hypertension Diagnostics, Inc.
2915 Waters Road, Ste. 108
Eagan, MN 55121
651-687-9999 • hdii.com
1988
3
$3,158
$1,390
127.19
HDII
Kenneth Brimmer
Kenneth Brimmer
6/30/12
Medical devices that non-invasively measure both large and small artery elasticity
17
Kips Bay Medical, Inc.
3405 Annapolis Lane N, Ste. 200
Plymouth, MN 55447
763-235-3540 • kipsbaymedical.com
2007
15
$252
$223
13.00
KIPS
Manny Villafaña
Scott Kellen
12/31/11
The eSVS MESH is a nitinol mesh sleeve that, when placed on the outside of a saphenous vein graft during CABG surgery, is designed to improve the structural characteristics and long-term performance of the saphenous vein graft.

1 As of September 1, 2012