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Revision as of 17:27, 31 May 2020
 | This article contains content that is written like an advertisement. (February 2014) |
| Company type | Public company |
|---|---|
| Nasdaq: CGNT | |
| Industry | Medical Equipment |
| Founded | 1987 |
| Headquarters | Orangeburg, New York, |
| Revenue | US$16.33 Million (As of 2013[update])[1] |
| Website | Official website |
Cogentix Medical (Nasdaq: CGNT) is an international endoscopy product manufacturer and supplier. It was founded in 1987 by Lewis C. Pell and Katsumi Oneda and is based in Orangeburg, New York.[2][3] In December 2013, the company has been selected by 21st Century Oncology Inc. as 21st Century’s Preferred Vendor of Choice and its products will be applied in medical treatment in a variety of therapeutic areas including cancer care.[4]
Background
EndoSheath technology is a patented technology of the company. It was invented by Dr. Fred E. Silverstein, who is a notable gastroenterologist. He believed that the reprocess of endoscope was complex at that time and wanted to improve the technology with lower cost and less contamination risk.[5] During the outbreak of the Nightmare Bacteria “Super bug”, which raises cross-contamination problems at Advocate Lutheran General Hospital, the EndoSheath solutions successfully reduced patients’ infection.[6]
The company has two segments including medical and industrial. The medical segment develops and manufactures endoscopy products incorporating its EndoSheath technology for professionals through its subsidiary, Machida, Inc.[3] The product of industrial segment are borescopes provided to aircraft engine industry.[7] The endoscope products and EndoSheath technology of the company have markets in urology, pulmonology, surgery, gastroenterology, ENT and spine.[8]
References
- Notes
- ^ "Vision Sciences.: Key Statistics for NIC Ltd.- Yahoo! Finance". Finance.yahoo.com. Retrieved 2014-02-24.
- ^ "VSCI: Summary for Vision Sciences Inc.- Yahoo! Finance". Yahoo.finance.com. Retrieved 2014-02-24.
- ^ a b "VSCI Stock Quote - Vision-Sciences Inc. Stock Price Today (VSCI ..." Marketwatch.com. Retrieved 2014-02-24.
- ^ "Vision-Sciences Selected as Preferred Vendor for Endoscopy Equipment by 21st Century Oncology". Globenewswire.com. 2013-12-19. Retrieved 2014-02-24.
- ^ "Vision-Sciences, Inc. History". Visionsciences.com. Retrieved 2014-02-24.
- ^ "Vision-Sciences' EndoSheath(R) Technology Offers Patented Solution to "Nightmare Bacteria"". Online.wsj.com. Retrieved 2014-02-24.
- ^ "Vision-Sciences, Inc.: NASDAQ:VSCI quotes & news - Google Finance". Yahoo.finance.com. Retrieved 2014-02-24.
- ^ "Vision-Sciences, Inc.: NASDAQ:VSCI reuters.com". Reuters.com. Retrieved 2014-02-24.