Kinetic Concepts

Kinetic Concepts
Company typeSubsidiary of 3M
IndustryMedical devices, medical technology
FoundedSan Antonio, Texas, 1976 (1976)
Headquarters
San Antonio, Texas
,
United States
ProductsItems related to negative pressure wound therapy and wound healing[1]
Revenue$1.6 billion Increase (2010)
$256.1 million Increase (2010)
Number of employees
5,000 (2013)

Kinetic Concepts, Inc., (KCI) is a global corporation that produces medical technology related to wounds and wound healing. KCI produced the first product developed specifically for negative pressure wound therapy. In 2013, the company employed 5,000 people and marketed its products in more than 25 countries.[2] Its headquarters is in San Antonio, Texas.

KCI, LifeCell and Systagenix operated under the Acelity brand.

In October 2019, Acelity and its KCI subsidiaries worldwide were acquired by 3M for $6.7 billion, including assumption of debt and other adjustments.[3]

Operations

KCI is composed of three business units: Active Healing Solutions, LifeCell and Therapeutic Support Systems, that operate in the wound care, regenerative medicine and therapeutic support systems markets.[4] The largest of these business units is dedicated to wound care[5] primarily negative pressure wound therapy for the treatment of traumatic wounds, pressure ulcers, chronic wounds and diabetic ulcers[6] but also assistance with surgery.[7] The therapeutic support systems developed and supplied by KCI are largely for the treatment and prevention of complications associated with patient immobility.[8] These include support surfaces for hospital beds and home patients designed to address pulmonary complications in immobile patients. KCI also develops specialty beds for use in hospitals or in long-term care facilities.[9] KCI expanded into the regenerative medicine market in 2008.[4] Through subsidiary company LifeCell Corporation, KCI develops and supplies tissue-based products. These include tissue-based treatments used in surgical procedures to repair soft-tissue.[10]

Corporate history

KCI was founded in 1976 in San Antonio, Texas, by James R. Leininger, then an emergency room physician[11] who wanted to help prevent the pulmonary complications associated with immobility. Over time, the company developed or acquired a line of therapeutic specialty beds, introducing a specialty bed for acute care patients with pulmonary complications.[12] Initially KCI's product development focused on therapeutic beds and surfaces then expanded to introduce the first commercial negative pressure wound therapy products in the mid-1990s.[7][13] KCI acquired regenerative medicine company, LifeCell, in 2008[4] in a non-hostile transaction for US$1.7 billion.[14][15] In January 2012, LifeCell was made a sister company to KCI. In 2013, LifeCell and KCI recombined into one company.[16][17]

Financial information

From the founding of the company in 1976 to 1988, the revenue of KCI grew to US$153.2 million. The growth in revenue allowed KCI to go public and trade on the New York Stock Exchange (NYSE) in 1988.[18] KCI stock was traded on the NYSE until 1997, when the company went private. In February 2004, KCI became a publicly listed company for the second time and was listed on the NYSE under the ticker symbol KCI.[7][19]

By the late 2000s, the company's revenue was over $1 billion and reported an increase of 17 percent in 2007 to $1.61 billion.[20] Revenue for 2008 was $1.88 billion, increasing to $1.99 billion in 2009[21] and in 2010 increased to $2.02 billion.[22] On November 4, 2011, the company went private again at a price of $68.50 per share.

Product lines

  • V.A.C. systems used for negative pressure wound therapy.[23]

See also

References

  1. ^ "Products". Acelity. Retrieved March 17, 2011.
  2. ^ "FDA clears new KCI abdominal wound-care product". San Antonio Business Journal. May 19, 2009. Retrieved January 25, 2011.
  3. ^ "3M Completes Acquisition of Acelity, Inc". 3M News | United States. Archived from the original on October 19, 2019. Retrieved October 19, 2019.
  4. ^ a b c "KCI earnings up during second quarter". San Antonio Business Journal. July 21, 2009. Retrieved January 25, 2011.
  5. ^ "KCI Appoints Kien Nguyen Vice President of Global Marketing for Active Healing Solutions(TM)". Business Wire. April 21, 2010.
  6. ^ "Vacuum Assisted Closure Wound Therapy Cleared for Partial Thickness Burns". Reuters Health Medical News. January 27, 2003.
  7. ^ a b c Benesh, Peter (June 14, 2004). "Second IPO Helps Heal Old Wounds; Kinetic Concepts Inc.; San Antonio, Texas". Investor's Business Daily. p. A09.
  8. ^ "Kinetic Concepts Inc. Implements SolidWorks Software as Company-Wide Engineering Standard". Business Wire. March 6, 2000.
  9. ^ "Kinetic Concepts Acquires RIK Medical". PR Newswire. October 6, 1997.
  10. ^ "Kinetic Concepts now owns LifeCell Corp". Biomedical Materials: 5. July 1, 2008. ISSN 0955-7717.
  11. ^ "Kinetic Concepts Inc. Implements SolidWorks Software as Company-Wide Engineering Standard." Business Wire. March 6, 2000.
  12. ^ "Kinetic Concepts introduces TriaDyne, latest addition to line of therapeutic beds and surfaces". Business Wire. May 23, 1995.
  13. ^ "KCI Honors Dr. Louis Argenta With Research-Based Fellowship and Scholarship". Business Wire. October 12, 2009.
  14. ^ "KCI to Acquire LifeCell for $1.7 Billion in Cash Creating a Global Medical Technology Leader". Business Wire. April 7, 2008.
  15. ^ "Analyst questions Kinetic Concepts' purchase of LifeCell due to high price and low revenue". The Associated Press. April 8, 2008.
  16. ^ Danner, Patrick (September 29, 2013). "KCI, LifeCell agree to merge operations". mySA. Retrieved March 10, 2021.
  17. ^ "Kinetic Concepts To Recombine With Sister Company Life Cell". Medical Product Outsourcing. Retrieved March 10, 2021.
  18. ^ Blaker, Ashley (December 24, 1990). "Kinetic Expands Foreign Presence With Acquisitions". San Antonio Business Journal. Vol. 4, no. 49. p. 1.
  19. ^ Berko, Malcolm (August 3, 2007). "Wound-care developer is a healthy company". Copley News Service.
  20. ^ "KCI concludes 2007 on strong note". San Antonio Business Journal. January 29, 2008.
  21. ^ "Highlights KCI". MSN Money. MSN. January 2011. Archived from the original on March 21, 2004. Retrieved January 25, 2011.
  22. ^ "Kinetic Concepts 4Q profit grows 12 percent". Bloomberg Business News. Associated Press. February 1, 2011. Retrieved February 4, 2011.
  23. ^ "KCI to Launch V.A.C.Via, an Advanced Mobile Healing Technology". Business Wire. April 26, 2010. Retrieved January 25, 2011.

Read other articles:

Festival Film Indonesia 1955

Festival Film Indonesia ke-1Penutupan Festival Film Indonesia 1955, JakartaTanggal5 April 1955TempatRumah Dinas Wali Kota Jakarta RayaJl. Taman Suropati No. 7, Menteng, Jakarta Pusat[1]SorotanFilm TerbaikTarmina dan Lewat Djam MalamPenyutradaraan TerbaikLilik SudjioTarminaAktor TerbaikA.N. Alcaff - Lewat Djam MalamA. Hadi - TarminaAktris TerbaikDhalia - Lewat Djam MalamFifi Young - TarminaPenghargaan terbanyakTarmina dan Lewat Djam Malam (5) Festival Film Indonesia 1960 → B...

 

 

Donald T. Campbell

American social scientist Donald T. CampbellBorn(1916-11-20)November 20, 1916Grass Lake, Michigan, U.S.DiedMay 6, 1996(1996-05-06) (aged 79)Bethlehem, Pennsylvania, U.S.NationalityAmericanAlma materUniversity of California, BerkeleyScientific careerFieldsPsychology, social scienceInstitutionsLehigh UniversityNorthwestern University Donald Thomas Campbell (November 20, 1916 – May 6, 1996) was an American social scientist. He is noted for his work in methodology. He coined the term ...

 

 

Gretsch 6120

La Gretsch 6120 est une guitare hollow body fabriquée par Gretsch dont les premiers modèles datent du milieu des années 1950. Gretsch 6120 de 1955 avec micros DeArmond Dynasonic Histoire Voulant concurrencer l'association entre le musicien Les Paul et la marque Gibson, Jimmy Webster qui était représentant de la firme, contacte Chet Atkins en 1954. Bien qu'au départ peu enthousiaste à l'idée de changer de guitare, l'artiste accepte de représenter la marque lorsqu'on lui offre de réal...

Partition of a set

Mathematical ways to group elements of a set This article is about grouping elements of a set. For partitioning an integer, see Integer partition. For the partition calculus of sets, see Infinitary combinatorics. A set of stamps partitioned into bundles: No stamp is in two bundles, no bundle is empty, and every stamp is in a bundle. The 52 partitions of a set with 5 elements. A colored region indicates a subset of X that forms a member of the enclosing partition. Uncolored dots indicate singl...

 

 

1916 United States presidential election in Ohio

Election in Ohio Main article: 1916 United States presidential election 1916 United States presidential election in Ohio ← 1912 November 7, 1916 1920 →   Nominee Woodrow Wilson Charles Evans Hughes Party Democratic Republican Home state New Jersey New York Running mate Thomas R. Marshall Charles W. Fairbanks Electoral vote 24 0 Popular vote 604,161 514,753 Percentage 51.86% 44.18% County Results Wilson   40-50%   50-60%  ...

 

 

Gebhard Leberecht von Blucher

Gebhard Leberecht von Blucher. Gebhard Leberecht von Blücher (IPA: [gɛphaɐt lebəʁɛçt fɔn blyçɐ]; 16 Desember 1742 – 12 September 1819, Graf), nantinya diangkat sebagai Fürst (Pangeran) von Wahlstatt, adalah Generalfeldmarschall Prusia yang memimpin tentaranya melawan Napoleon dalam Pertempuran Leipzig tahun 1813 dan pada Pertempuran Waterloo tahun 1815 dengan Adipati Wellington. Referensi  Artikel ini menyertakan teks dari suatu terbitan yang sekarang...

نيجيريا

  نيجيريا جمهورية نيجيريا الاتحادية نيجيرياعلم نيجيريا  نيجيرياشعار نيجيريا  Show globeShow map of Africa الشعار الوطنيوحدة وإيمان، سلام وتقدم النشيد: انهضوا أيها الوطنيون الأرض والسكان إحداثيات 9°4′N 7°29′E / 9.067°N 7.483°E / 9.067; 7.483 أعلى قمة جبل شابال وادي (2,419 متر) أخفض ...

 

 

Template talk:2002 NFC standings

This template does not require a rating on Wikipedia's content assessment scale.It is of interest to the following WikiProjects:National Football League This template is within the scope of WikiProject National Football League, a collaborative effort to improve the coverage of the NFL on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.National Football LeagueWikipedia:WikiProject National Football Leagu...

 

 

George Washington Memorial Building

George Washington Memorial BuildingGeorge Washington Memorial Building as envisioned in 1914Alternative namesNational Victory Memorial BuildingGeorge Washington Memorial HallGeneral informationTown or cityWashington, DCCountryUnited StatesNamed forGeorge WashingtonGroundbreakingNovember 14, 1921CompletedNever completedDemolishedAugust 20, 1937Design and constructionArchitect(s)Evarts Tracy & Egerton Swartwout The George Washington Memorial Building or George Washington Victory Memorial Bu...

Erik Bruun

Finnish graphic designer (born 1926) Erik Bruun in 1954 with a poster. Rolf Erik von Bruun (born 7 April 1926) is a Finnish graphic designer.[1] Biography Bruun was born in Viipuri on 7 April 1926.[2] He spent his childhood in village of Säiniö on the Karelian isthmus. In the war years his family was forced to move to Helsinki, where he later enrolled in the Central School of Industrial Design. He graduated as a graphics designer in 1950.[3][4] After graduati...

 

 

Enrico Delprato

Enrico DelpratoNazionalità Italia Altezza183 cm Peso74 kg Calcio RuoloDifensore Squadra Parma CarrieraGiovanili 2006-2019 Atalanta Squadre di club1 2019-2020→  Livorno33 (1)2020-2021→  Reggina26 (0)2021- Parma103 (6)[1] Nazionale 2016-2017 Italia U-182 (0)2017-2018 Italia U-195 (0)2018-2019 Italia U-2014 (0)2019-2021 Italia U-2112 (1) Palmarès  Europei di calcio Under-19 ArgentoFinlandia 2018 1 I due numeri indicano le presenze e le reti segnat...

 

 

مقاطعة بولك (مينيسوتا)

هذه المقالة تحتاج للمزيد من الوصلات للمقالات الأخرى للمساعدة في ترابط مقالات الموسوعة. فضلًا ساعد في تحسين هذه المقالة بإضافة وصلات إلى المقالات المتعلقة بها الموجودة في النص الحالي. (مارس 2018)   لمعانٍ أخرى، طالع مقاطعة بولك (توضيح). مقاطعة بولك     الإحداثيات 47°46�...

Avigliana

AviglianaKomuneCittà di AviglianaNegaraItaliaWilayah PiedmontProvinsiProvinsi Torino (TO)FrazioniDrubiaglio, Milanere, Mortera, BertassiPemerintahan • Wali kotaCarla MattioliLuas • Total23,3 km2 (90 sq mi)Ketinggian383 m (1,257 ft)DemonimAviglianesiZona waktuUTC+1 (CET) • Musim panas (DST)UTC+2 (CEST)Kode pos10051Kode area telepon011Santo/a PelindungSt. John the Baptist- HariJune 24Situs webSitus web resmi Avigliana adalah komune y...

 

 

Kieran Dempsey

Australian rugby league footballer and coach Kieran DempseyPersonal informationFull nameKieran DempseyCoaching information Club Years Team Gms W D L W% 1999 North Sydney Bears 8 2 0 6 25 Source: [1] Kieran Dempsey is an Australian former head coach of North Sydney who played in the National Rugby League competition. Dempsey was the last head coach of the club when they were a first grade side. Coaching career Dempsey was the assistant coach to North Sydney head coach Peter Louis ...

 

 

Morlon Wiley

Questa voce sugli argomenti allenatori di pallacanestro statunitensi e cestisti statunitensi è solo un abbozzo. Contribuisci a migliorarla secondo le convenzioni di Wikipedia. Segui i suggerimenti dei progetti di riferimento 1, 2. Morlon WileyNazionalità Stati Uniti Altezza193 cm Peso84 kg Pallacanestro RuoloGuardiaAllenatore Termine carriera1999 - giocatore2007 - allenatore CarrieraGiovanili Long Beach Polytechnic High School1984-1988 Long Beach 49ers Squadre di club 1988-1...

48-й танковый корпус (вермахт)

У этого термина существуют и другие значения, см. 48-й корпус. 48-й танковый корпуснем. XLVIII. Panzerkorps Годы существования 15 декабря 1940 — 8 мая 1945 Страна  Германия Подчинение сухопутные войска Входит в 11-я армия Тип танковый корпус Функция танковые войска Войны Вторая мирова...

 

 

John F. Druze

American football player and coach (1914–2005) John F. DruzeBiographical detailsBorn(1914-07-03)July 3, 1914Newark, New Jersey, U.S.DiedDecember 27, 2005(2005-12-27) (aged 91)Scottsdale, Arizona, U.S.Playing career1936–1937Fordham1938Brooklyn Dodgers Position(s)EndCoaching career (HC unless noted)1939–1940Boston College (assistant)1941–1955Notre Dame (assistant)1956–1958Marquette Head coaching recordOverall2–26–1 John Francis Druze (July 3, 1914 – December 27, 2005) w...

 

 

Shennong

Legendary Chinese ancestral deity For other uses, see Shennong (disambiguation). Shennong 神農Yan EmperorShennong as depicted in a 1503 paintingby Guo XuSuccessorLinkuiBornJiang Shinian (姜石年)IssueLinkuiFatherShaodianMotherNüdeng ShennongChinese nameTraditional Chinese神農Simplified Chinese神农Literal meaningDivine Farmer/HusbandmanTranscriptionsStandard MandarinHanyu PinyinShénnóngWade–GilesShen2-nung2IPA[ʂə̌n.nʊ̌ŋ]HakkaRomanizationSṳ̀n-nùngYue: Ca...

Ibraheim Campbell

American football player (born 1992) American football player Ibraheim CampbellCampbell with the Cleveland Browns in 2016No. 30, 24, 39, 20, 35, 33, 36Position:SafetyPersonal informationBorn: (1992-05-13) May 13, 1992 (age 32)Philadelphia, Pennsylvania, U.S.Height:5 ft 11 in (1.80 m)Weight:210 lb (95 kg)Career informationHigh school:Philadelphia (PA) Chestnut Hill AcademyCollege:NorthwesternNFL draft:2015 / Round: 4 / Pick: 115Career history C...

 

 

1,1,2-Trichloro-1,2,2-trifluoroethane

1,1,2-Trichloro-1,2,2-trifluoroethane Names Preferred IUPAC name 1,1,2-Trichloro-1,2,2-trifluoroethane Other names Arklone PCFC-113Freon 113Frigen 113 TR Freon TF Valclene 1,1,2-trichlorotrifluoroethaneTCTFESolvent 113 Identifiers CAS Number 76-13-1 Y 3D model (JSmol) Interactive image ChEMBL ChEMBL478511 Y ChemSpider 6188 Y ECHA InfoCard 100.000.852 PubChem CID 6428 UNII 0739N04X3A Y CompTox Dashboard (EPA) DTXSID6021377 InChI InChI=1S/C2Cl3F3/c3-1(4,6)2(5,7)8 YKey:...