Kensey Nash Corporation | Introduction
Introduction
Marsh Creek Corporate Center
55 East Uwchlan Avenue
Exton, Pennsylvania 19341
U.S.A.
Telephone: (610) 524-0188
Fax: (610) 524-0265
Web site: http://www.kenseynash.com
Public Company
Incorporated: 1984br/>
Employees: 294
Sales: $58.21 million (2004)
Stock Exchanges: NASDAQ
Ticker Symbol: KNSY
NAIC: 541710 Research and Development in the Physical Sciences and Engineering Sciences; 325211 Plastics Material and Resin Manufacturing; 339112 Surgical and Medical Instrument Manufacturing
Kensey Nash Corporation is a medical technology company skilled in developing puncture closure devices for cardiovascular catheterizations. Kensey Nash's mainstay product is the Angio-Seal Vascular Closure Device, which seals and closes femoral artery punctures made during angioplasty procedures performed with a catheter. From this foundation, the company developed other technologies and devices designed for other medical markets, such as sports medicine and spine. The Angio-Seal, however, accounts for a majority of the company's annual revenue, ranking as the leading device in its market in the United States and Europe. One promising product for the company, which won regulatory approval for use in Europe in 2002 and in the United States in 2005, is the TriActiv Balloon Protected Flush Extraction System. TriActiv, via a small balloon, blocks debris from floating into the bloodstream and flushes and extracts debris from a blood vessel after a treatment procedure. The Angio-Seal device is manufactured, marketed, and distributed by St. Jude Medical, Inc., from whom Kensey Nash receives a royalty payment for each device sold.