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ICU Medical, Inc. Message Board

  • value_design value_design Jun 8, 2013 5:05 PM Flag

    Note to potential bidders/buyers of ICUI

    ICU has unique culture/systems and good lean (NVA reduction) processes. Although company only spends approx 1-2% of sales on R&D, the pipeline has been full of novel, unique devices (look at oncology products). Part of the "secret" of the organization is the mind of the CEO/founder Dr. Gearge Lopez. He developed oncology product specifications while his wife was dying of cancer.... unbelievable focus on this market. And a clever guy - this guy is a "Midas". Many other ICU company execs would be considered less-than-competent within Fortune 500 organizations (Dr Lopez is insulated with poorly educated "yes" people). If considering a buyout, you may want to retain the CEO ("Doc" Lopez) for the transitional period, and then make him CTO. Best wishes to all.

    Sentiment: Hold

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