Applied Medical Resources Corp - Company Profile
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Applied Medical Resources Corp (Applied Medical), a subsidiary of Applied Medical Corp, develops, manufactures, and markets medical devices for minimally invasive surgery, cardiovascular, vascular, colorectal surgery, OB/GYN surgery, urology, and general surgery. The company's strong research and development activities, vertically integrated manufacturing capabilities, and established product portfolio allow the company to gain competitive advantage, even as product recalls is a cause of concern. The company could find opportunities through global general surgery device market, strategic agreement, launch of new product. Any non-compliance by the company with applicable laws and regulations or the failure to maintain, renew or obtain necessary permits and licenses, rapid technological changes, and cost containment pressure could have an adverse effect on the company's results of operations and financial performance.
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