Smiths Medical Medical Device Company Intelligence Report
Dallas, TX -- (SBWire) -- 02/28/2011 -- Medical Device Company Intelligence Reports provide a full review of the company’s activities, from its origins to its latest corporate activity, including mergers and acquisitions, agreements, divestitures, major purchasing contracts and litigation.
Sections are included on products, international activities and R&D, as well as a full, in-depth five year financial analysis. An introduction to each report and a full table of contents is provided for review. More than 60 Medical Device Company Intelligence Reports are currently available.
Based in Minnesota, US, Smiths Medical is a leading provider of interventional medical devices for the hospital, emergency, home and specialist environments. Its products are used during critical and intensive care, surgery, pre- and postoperative care, and in a series of high-end home infusion therapies. The company also offers products for veterinary and industrial use.
The company’s product portfolio serves three main markets:
Vital Care – including airway products, patient monitoring, temperature management and IVF reproduction solutions
Medication Delivery – including drug-delivery systems, chemotherapy delivery systems and diabetes pumps
Safety Devices – including needle protection devices and peripheral IV catheters.
Brands within this portfolio include: Portex, Medex, Deltec, Level 1, Pneupac, Wallace, CADD, BCI, Jelco, Medfusion, Graseby and SurgiVet.
In March 2009, following a review of its operations, Smiths Medical announced its intention for a gradual exit from the diabetes market since, as its only direct-to-consumer enterprise, it had little synergy with the rest of the company’s businesses. The company’s diabetes portfolio included Deltec Cosmo insulin pumps and Cleo and Comfort infusion sets.
Smiths Medical competes with different businesses across a range of product areas. Its main competitors include: Baxter, Covidien, Teleflex/Arrow, B Braun, Becton Dickinson, Hospira, Alaris (CareFusion), Arizant, Edwards Lifesciences and Codan.
Smiths Medical employs some 8,400 people globally, with manufacturing concentrated in the US, the UK, Mexico, Germany, Italy and China.
Smiths Medical is part of the Smiths Group, a UK-based technology company which, in addition to Smiths Medical, operates four other divisions – Smiths Detection (manufacture of sensors that detect and identify explosives, narcotics, weapons, chemical agents and contraband); John Crane (products and services for the major process industries, including the oil and gas, chemical, pharmaceutical, pulp and paper and mining sectors); Smiths Interconnect (specialised electronic and radio frequency components and sub-systems) and Flex-Tek (engineered components that heat and move fluids and gases, flexible hosing and rigid tubing). Smiths Medical is the largest contributor to its parent company revenues, generating 31% of the group’s total sales and 37% of group profit.
In January, Smiths Group rejected a US$2.45 billion offer for Smiths Medical from an undisclosed suitor. The Group turned down the “best and final” offer and said it would not be in the interests of shareholders to pursue discussions on the basis of an indication “at this price level.”
This company report provides
Overview
Key contact information
Introduction to the company and its current activities
Summary of its financial performance
Who are the company’s major competitors?
Key recent events in an “at a glance” format
Financial Review
Current year and annual financial data, including revenue breakdowns by product area and geographic region (if available)
Table providing in-depth five-year financial analysis
Employee data, including breakdown by company division and geographic location
Strategic Focus
Investigates the company’s aims and its areas of focus
Products
Core product areas, key brands, product approvals and launches
Research and Development
How much has been invested in R&D?
Where is the research based?
What alliances and agreements does the company have and with whom?
Manufacturing and Distribution
Identifying the company’s manufacturing locations
Sales and marketing facilities
Agreements
With whom has the company reached agreements and what do they involve?
Key contracts awarded
Mergers, Acquisitions and Divestments
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Smiths Medical Medical Device Company Intelligence Report
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