Mr. Van Avermaete has over 30 years of experience in medical devices, including 22 years in the diabetes field, with specific expertise in consumer healthcare marketing and sales, including retail/pharmacy distribution, large scale customer service, physician recommendations and hospital-based marketing. He is a former US president of the LifeScan division of Johnson & Johnson who, during his 13 year tenure, grew annual sales from under $100 million to over $1.0B developing the business into one of J&J's most successful and profitable consumer/professional healthcare divisions.
if JNJ owns the players in the marketplacethen this could easily be a 10 banger,,
Sentiment: Strong Buy
yOU KNOW i RESEARCHED THIS ALERE MEDICAL AND HOW IT COULD BUY UP SO MANY COMPANIES IN RAPID SUCCESION YEAR AFTER YEAR AND THIS IS WHAT I FOUND OUT AT THE ONSET..
May 23, 2001
Johnson & Johnson Agrees to Acquire Inverness Medical Technology's Diabetes Care Products Business in $1.3 Billion Stock-for-Stock Transaction
NEW BRUNSWICK, N.J., and WALTHAM, Mass., May 23 -- Johnson & Johnson (NYSE: JNJ), the world's most comprehensive and broadly based manufacturer of health care products, and Inverness Medical Technology (Amex: IMA), a developer of innovative products focused primarily on the self-management of diabetes, today announced they have entered into a definitive agreement, whereby Johnson & Johnson would acquire Inverness, excluding certain businesses, in a stock-for-stock exchange.
DOES THIS MEAN ALERE IS ACTUALLY OWNED BY JNJ... i THINK SO...
this company seems to want you NOT to have a FORWARD view either with no conference calls..
I SAW MORE THEN 1 INSTITUTION LOADING UP WITH THE RESEARCH ON A t.rowe price account.. but i cannot disclose who, what or how many..
This BETA SOFTWARE is ruining the outlook of this company to users and ADVERTISERS because some of the FRAMES SHIFT after POSTING then the FRAME will GHOST over from the LEFT SIDE COVERING the main BODY of your NEXT post. Have experienced this on Firefox,, SAFARI and now IE 10.9 this mrning. The problem is YHO's alone with this new look to the message boards they did. The feedback button NO LONGER WORKS in side Yahoo MAIL so there is no way to complain about it other then ranting here. I realize this is the stock forum, but perhaps you guys can rattle some chains in YHOO MGMT. BETA software should have no place on the YHOO FINANCE section... this is your most visible piece of software.
As you can see I don't post to this message board having been burned .But when I saw bug on TV that NURO was rising I came to get my $ out of this thing finally. This company is NOT going to do anything without a change in management except to keep diluting the stock and keep their excessive salaries. Until that changes and its fraudulent insurance submissions they are not going to get renumeration from the current Insurance law that was much more liberal 5 years ago. Many physicians refuse to carry their products..they try to market them to a general physician but only specialists MD + speciality in Nuerology is qualified for renumeration from the insurance industry. GL i have said enough
You do ypor own DD heh? well this company was NOT a 100M company in 2010.. its last time as a 100M company was in 2008.. It has has a series of UNSUSCCEFUL PRODUCTS not just what is left now but Vantage and XCEL before the DPN check and Sensus. Physicians not investors were satisfied with the rollout of these products and neitheThis is the same basic mis-understanding that "kool aid" drinking analysts and investors just never took the time and use of minute due diligence to discover.
Insurance carriers NEVER "altered" their categoriaztion. They never approved the billing codes used by NURO for NC-Stat in the first place. In fact, they were never asked. NURO just told MD's to submit billing falsely under a set of codes that were only approved for an invasive procedure. When insurance carriers discovered the billing for these codes increased dramatically from MD's that had never submitted them before (vs. neurologists that were qualified to submit), they "shut down" these fraudulent billings.
The business model of NURO was built on the false hope that insurance carriers would accept the premise of a hand held surface technology being eqal to an invasive needle technology.
If they had submitted this premise "before" marketing or going public, the answer would have been a resounding NO from insurance carriers.
The investment community completely dropped the ball and chose to see the naked King clothed in an imaginary robe.
Nor were the insurance comppanies obligated to pay for them. Then add 5 years time to 2008 and add 2 reverse splits and many private placements to accreditated investors who are never told that the EXECS around here are still getting paid the same level of income they were getting in 2008 even though their 'performance of sales is Not the same. You really figured it out why its a 2 or less stock yet?
ADS DRIVE THE TEENAGERS TO AAPL and MACS.. AAPL is the one that is going to benefit from FB DUMBING ITSELF to an AOL wannabe..
SAME THING HAPPENED TO THEM TOO MANY POPUP ADS SENT PEOPLE STRAIGHT TO FIREFOX WITH ADBLOCKER..
HISTORY WILL REPEAT ITSELF..
Hiding as usuakl these leaches..
missed the target a little boys in the mortgage dept.. That I realize there are not many new loans out there but how do you miss with ONLY a 1.5 discount rate and your loaning money for 4-8 percent.Hmm the market is weak real week going forward.. Glad you are becoming a bigger bank to spread them losses out over a wider base. Lets see what the market says about this going forward as you just acquired Stellar one..
HOLD THIS PHARMA for decent earnings and a possible takeover target ..
sounds good on paper till you READ the fine print given to get some of the votes.
Now implementing the AHC (Affordable Health Care Act) looks like you forgot the word HEALTH will take some doing.. It has already gotten off to a rocky start; but I hear Social security and other programs had rocky starts too.. Lets hope that in the not too distant future we thank our leaders for giving us the same care and policies they have enjoyed in US GOVT SERVICE that we the "taxpayers" have been paying for for the last 75 years.