Haemonetics
 | |
| Public (NYSE: HAE) | |
| Industry |
Medical Devices Computer Software Healthcare Blood Banking |
| Founded | 1971 |
| Headquarters | Braintree, Massachusetts, USA |
Key people |
Christopher Simon, President & Chief Executive Officer |
Number of employees | 1,800 |
| Website | www.haemonetics.com |
Haemonetics Corporation is a global provider of blood and plasma supplies and services. The company was founded in Braintree, Massachusetts by Dr. Jack Latham in the 1970s.[1]
Today, the company has expanded and has offices located in 16 countries. The company employs more than 1,800 people and markets its products in over 50 countries. Revenue is derived nearly equally from its three major markets -- Asia, Europe, and the Americas.
History
The company was founded in 1971. Haemonetics started out producing the containers and bags required for blood collection. The Latham Bowl was a disposable container that could automate the separation of blood by centrifugation. Through the 90's, the company added additional product lines and technologies. The company opened a manufacturing facility in Holbrook, MA in 1988.
In 1995 the company purchased the Intravenous Solutions manufacturing facility in Union, South Carolina.
Addition acquisitions grew the company and expanded its services. In the following years the company branched off to making the whole plasma collection station including the machine, supplies and software for plasma collection. These acquisitions include Canadian based 'Fifth Dimension' (5D) Information Systems in order to gain entry into the blood and plasma software industry. Further acquisitions include Chicago based Arryx in July 2006,[2] Information Data Management Inc. in January 2007,[3] the acquisition of Haemoscope in 2007,[4] Infonale in July 2007,[5] and Chico, CA based Altivation and Tucson, AZ based Sebra in 2009.
On August 21, 2007, 5D and IDM were officially merged into a new subsidiary called Haemonetics Software Solutions.[6] The employees at both Edmonton (5D) and Rosemont (IDM) continue to work from their respective offices.
Further acquisitions included the April 2009 acquisition of Neoteric Technology Ltd[7] as well as the April 2010 acquisition of California-based Global Med Technologies Inc.[8] Haemonetics acquired the Pall Corporations’ Transfusion Medicine Business on August 1, 2012.
Product Categories
Haemonetics products can be considered as belonging to two broad categories:
- Donor products (marketed to the blood donation industry, these include products that automate the blood donation process, automate the processing of blood, support pathogen inactivation and bacterial detection of blood, and test blood hematocrit),
- Patient products (products are marketed to the surgical suite for blood loss management for patients. The products include surgical blood salvage (or "autotransfusion") devices, surgical field blood suction systems, and blood and patient warming systems).
Notes
References
- Arryx Acquisition (18-July-2006) Retrieved on April 20, 2007
- IDM acquisition (30-January-2007) Retrieved on April 20, 2007
- Infonale acquisition (10-July-2007) Retrieved on August 21, 2007
- Creation of Haemonetics Software Solutions (24-August-2007) Retrieved on January 20, 2008
- Haemonetics history Retrieved on July 14, 2010
- Neoteric Acquisition Retrieved December 13, 2010
- Global Med Acquisition Retrieved December 13, 2010