SALEM, N.H. - AgaMatrix passed a major milestone recently, selling its one millionth blood glucose meter, the company announced Feb. 23. AgaMatrix makes the WaveSense line of blood glucose monitoring products. The company shipped its first meter in April 2006. "We're excited that patients and healthcare professionals have adopted our products so quickly," Dave Conn, chief commercial officer, stated in a release. "We are looking ahead to selling our two millionth meter soon." Currently, there are 285 million people with diabetes in the world; 27 million of those are in the United States.
Authentidate absorbs losses
BERKELEY HEIGHTS, N.J. - Authentidate reported revenues of $1.528 million for the three months ended Dec. 31, 2009, compared to $1.604 million for the same period in 2008. Net loss was $2.819 million vs. $2.554 million. Authentidate also reported revenues of $3.55 million for the six months ended Dec. 31, 2009, compared to $3.294 million for the same period in 2008. Net loss was $4.932 million vs. $5 million. Authentidate's results reflect a drop in revenues from its U.S. operations due to a contract with Liberty Medical expiring in March 2009.
Invacare named in wheelchair lawsuit
BASTROP, La. - The son of Merrimac Ellis, an 87-year-old woman who burned to death last year in an Invacare wheelchair, filed a lawsuit against the Elyria, Ohio-based manufacturer on Feb. 11, Crains Cleveland Business reported. The suit, filed in the Fourth Judicial District Court here, also names the senior citizens apartment where Ellis lived and the manufacturer of the apartment's sprinkler system, which failed to turn on. Invacare's Lara Mahoney told Crains: "We stand very fully behind the safety of our products."
Medline expands business operations
PLAINFIELD, Ind. - Medline Industries has opened a 180,000-square-foot distribution center here, the company announced recently. The Indiana Economic Development Corp. offered Medline up to $210,000 in performance-based tax credits and $6,000 in training grants. The company hired 50 workers for the new center and employs nearly 6,000 people at 10 manufacturing facilities in North America.