Company Profile

HealthTronics Inc (AKA: HealthTronics Surgical Services, Inc)
Profile last edited on: 10/3/2024      CAGE: 7EZS0      UEI: CDGMXJLHQ848

Business Identifier: Minimally invasive mobile medical equipment for clinical applications
Year Founded
1972
First Award
2004
Latest Award
2004
Program Status
Inactive (Acquired)
Popularity Index
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Location Information

9825 Spectrum Drive Vuilding 3
Austin, TX 78717
   (512) 328-2892
   info@healthtronics.com
   www.healthtronics.com
Location: Single
Congr. District: 31
County: Williamson

Public Profile

HealthTronics Inc., (OTCBB:HTRN) - formerly dba HealthTronics Surgical Services, Inc. - provides healthcare services, and manufactures medical devices primarily for the urology community. The firm had been acquired in 2010 by Endo but in January 2014 it was annouced that Endo had divested itself of Healthronics. The firm now operate as an independent entitiy offering lithotripsy services, which is a medical procedure where a device called a lithotripter transmits high energy shockwaves through the body to break up kidney stones. The company also provides services relating to operating its lithotripters, including scheduling, staffing, training, quality assurance, and regulatory compliance, as well as contracting with payors, hospitals, and surgery centers. In addition, it offers treatments for benign and cancerous conditions of the prostate; image guided radiation therapy technical services for cancer treatment centers; administrative services to in-office pathology labs for practice groups; and pathology services to physicians and practice groups with its lab equipment and personnel. Further, the company manufactures and sells medical devices for the treatment of prostate and renal cancers, the ablation of tumors in lung and liver, and palliative intervention. Additionally, it manufactures the related spare parts and consumables for its medical devices

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
250-500
Revenue Range
20M-50M
VC funded?
Yes
Public/Private
Publicly Traded
Stock Info
NASDAQ : HTRN
IP Holdings
5-9

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
2004 1 NIH $120,000
Project Title: Development of a Next-Generation Shock Wave Lithotripter

Key People / Management

  Russell Newman -- President

  A Hummel Brad -- Former President

  Clint B Davis -- Senior Vice President And General Counsel

  Scott Eden -- Vice President of Manufacturing Operations

  Pei Zhong