Company Profile

Polymedica Corporation (AKA: Polymedica Industries~Polymedica Wound Care Company)
Profile last edited on: 11/10/2015      CAGE:       UEI:

Business Identifier: Medical Equipment & Supplies
Year Founded
1988
First Award
1994
Latest Award
1995
Program Status
Inactive (Acquired)
Popularity Index
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Location Information

11 State Street
Woburn, MA 01801
   (781) 933-2020
   N/A
   www.polymedica.com
Location: Single
Congr. District: 05
County: Middlesex

Public Profile

In August of 2007, Polymedica Corporation was acquired by Pharmacy benefit manager Medco Health Solutions Inc. PolyMedica Corporation provides direct-to-consumer specialty medical products and services, conducting business in the Chronic Care, Professional Products and Consumer Healthcare markets. The Company sells diabetes supplies and adult nutrition supplies through its Chronic Care segment. The Company's AZO brand participates in the over-the-counter urinary health market and it distributes a broad range of other medical products, including digital thermometers and compliance products, primarily to food and drug retailers and mass merchandisers nationwide, through its Consumer Healthcare segment. The Company also markets, manufactures and distributes a line of prescription urological and suppository products and provide direct-to-consumer prescription respiratory supplies and services to Medicare-eligible seniors suffering from chronic obstructive pulmonary disease through its Professional Products segment. In 1996, the company spun off CardioTech International0 itself, an SBIR firm.

Extent of SBIR involvement

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Synopsis: Awardee Business Condition

Employee Range
500+
Revenue Range
Over 50M
VC funded?
Yes
Public/Private
Publicly Traded
Stock Info
NASDAQ : PLMD
IP Holdings
5-9

Awards Distribution by Agency

Most Recent SBIR Projects

Year Phase Agency Total Amount
1995 1 NIH $100,000
Project Title: Thromboresitant Prosthetic Arterial Graft
1994 1 NIH $74,923
Project Title: Improved Small Vessel Prosthesis

Key People / Management

  Samuel L Shanaman -- President

Company News

There are no news available.