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When Kensey Nash filed its first patent related to the Angio-Seal in 1987, the company was years away from developing a marketable device, one that would require approval from the United States Food and Drug Administration (FDA) before it could be sold domestically.
In 1992, the company collected $4.7 million in revenue, nearly all from licensing and milestone payments.
New Jersey-based Datascope received FDA approval for its Vaso-Seal in September 1995, the same month Kensey Nash began selling its Angio-Seal device in Europe.
Stark, Karl, "FDA Approves Pennsylvania Firm's Artery-Repairing Tool for Wide Use," Knight Ridder/Tribune Business News, August 12, 1997.
Another company, California-based Perclose, was hoping to receive approval for its vascular puncture closure device in 1997.
In 2000, the company acquired a privately held company named THM Biomedical Inc., paying $11.1 million for the Duluth, Minnesota-based firm.
In January 2002, the company formed Kensey Nash Europe GmbH in Eschorn, Germany.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| MiMedx | 2008 | $348.9M | 690 | 49 |
| FzioMed | 1996 | $5.0M | 20 | - |
| Dextera Surgical | 1997 | $3.4M | 50 | - |
| Gish Biomedical | 1976 | $7.5M | 100 | - |
| PolyPid | 2008 | $1.6M | 77 | - |
| Tepha | 1998 | $10.0M | 125 | - |
| Caliper Life Sciences | 1995 | $109.8M | 200 | - |
| Terumo Cardiovascular Group | 1999 | $390.0M | 700 | - |
| Cirtec Medical | 1987 | $5.8M | 35 | - |
| Ethicon | 1915 | $4.9B | 11,000 | - |
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Kensey Nash may also be known as or be related to DSM Biomedical, Inc., KENSEY NASH CORP, Kensey Nash and Kensey Nash Corporation.