NELLCOR PURITAN BENNETT BUY LIFTS MALLINCKRODT'S THIRD-QUARTER HEALTH CARE SALES; LASER INDUSTRIES' EPITOUCH HAIR REMOVAL SYSTEM REVENUE GROWTH TOPS 60%
This article was originally published in The Gray Sheet
Executive Summary
Mallinckrodt's acquisition of respiratory products company Nellcor Puritan Bennett last August added one month of sales to the company's health care business in the first quarter, turning a potential revenue decline into a 14% increase. Health care sales for the three months ended Sept. 30 were $411.1 mil., up from $361.7 mil. a year ago, Mallinckrodt reported.