American Medical Systems to Report Preliminary 24 Percent Fourth Quarter Sales Growth at J.P. Morgan Healthcare Conference.Business Editors JPMorgan 22nd Annual Healthcare Conference MINNEAPOLIS--(BUSINESS WIRE)--Jan. 8, 2004 Women's Health Women's Health Definition Women's health is the effect of gender on disease and health that encompasses a broad range of biological and psychosocial issues. Products Fuel Strong Performance Douglas W. Kohrs, President and Chief Executive Officer of American Medical Systems Holdings Inc. (Nasdaq:AMMD AMMD Aerodynamic Mass Median Diameter ) will present an overview of the company, including preliminary sales for the fourth quarter and full year 2003 at the J.P. Morgan Healthcare Conference in San Francisco on Tuesday, January 13, at 9:30 am PST PST Paroxysmal supraventricular tachycardia, see there . He will report that preliminary sales in the fourth quarter of 2003 were $47 million, a 24 percent increase over sales of $37.8 million in the comparable quarter of 2002 (21 percent without gain from currency exchange rate changes). Preliminary sales in the full year 2003 were $168 million, up 19 percent from sales of $141.6 million in 2002 (16 percent without gain from currency exchange rate changes). The company will discuss other quarter and year-end results after it releases earnings on Thursday, February 12. Mr. Kohrs will state that the fourth quarter sales performance was driven by the company's progress with its expanded range of women's health offerings, led by the success of its Monarc treatment for stress urinary incontinence--with over 12,000 procedures done since its launch earlier this year--and that sales of Sparc and InFast continue strongly, with Sparc having its highest sales quarter ever. He will also report that sales from the company's men's health products grew over the comparable quarter of 2002. About American Medical Systems American Medical Systems, headquartered in Minnetonka, Minnesota, is a world leader in medical devices and procedures to treat erectile dysfunction (ED); other men's health problems, (including incontinence, BPH BPH abbr. benign prostatic hyperplasia BPH Benign prostatic hypertrophy, a very common noncancerous cause of prostatic enlargement in older men. , and stricture stricture /stric·ture/ (strik´chur) stenosis. stric·ture n. A circumscribed narrowing of a hollow structure. ); and women's health problems, including menorrhagia menorrhagia /men·or·rha·gia/ (men?ah-ra´jah) hypermenorrhea. men·or·rha·gia n. See hypermenorrhea. , incontinence, and other pelvic floor defects. Although not often life-threatening, these disorders can significantly diminish one's quality of life and profoundly affect social relationships. In recent years, the number of people seeking treatment has increased markedly as a result of longer life expectancy, higher quality-of-life expectations, and greater awareness of new treatment alternatives. Physicians use American Medical Systems' products to reduce or eliminate the incapacitating in·ca·pac·i·tate tr.v. in·ca·pac·i·tat·ed, in·ca·pac·i·tat·ing, in·ca·pac·i·tates 1. To deprive of strength or ability; disable. 2. To make legally ineligible; disqualify. effects of these diseases, often through minimally invasive surgery minimally invasive surgery Laparoscopic surgery, see there. See Laparoscopic cholecystectomy. . The company believes its products were used to treat 100,000 patients in 54 countries during the last 12 months. More information about the company and its products may be found at the company's website: www.AmericanMedicalSystems.com. |
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