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July 9, 2014
09:31 EDTMMSIMerit Medical gets Chinese approval for tracheobronchial stent systems
Merit Medical Systems announced that it has received approval from the Chinese Food and Drug Administration to market Merit's Aero Tracheobronchial Stent System. The approval is for a period of five years and includes the "over-the-wire" system as well as the "direct visualization" system. The approval covers 33 catalog items. The product licenses are owned and maintained by Merit and will be distributed by a select group of dealers with support from Merit's marketing and clinical group, the company said.
News For MMSI From The Last 14 Days
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July 30, 2014
10:00 EDTMMSIOn The Fly: Analyst Downgrade Summary
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06:22 EDTMMSIMerit Medical downgraded to Outperform from Strong Buy at Raymond James
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July 29, 2014
16:04 EDTMMSIMerit Medical sees FY14 EPS 61c-65c, consensus 76c
Sees FY14 revenue $511M-$515M, consensus $494.7M
16:02 EDTMMSIMerit Medical reports Q2 EPS 15c, consensus 17c
Reports Q2 revenue $128.9M, consensus $121.4M. ""Although we have incurred some short-term expenses associated with the splitting of our U.S. sales force, thus far we have exceeded our initial sales estimates and we are optimistic that this trend will continue into the future as the subsidies expire," the company said.

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