View Vycor Medical Inc’s Report on Minimally Invasive Neurosurgery - [Read More] Note: Adobe PDF Reader Required - Vycor Medical Inc.
Traumatic brain injury (TBI), also known as intracranial injury, occurs when an external forcetraumatically injures the brain. TBI can be classified based on severity, mechanism (closed orpenetrating head injury), or other features (e.g., occurring in a specific location or over a widespread area). Head injuryusually refers to TBI, but is a broader category because it can involve damage to structures other than the brain, such as the scalp and skull. Vycor Medical’s View Brain Access System allows a Surgeon to perform minimally invasive surgery on the brain safely and efficiently.
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The revolutionary Vycor ViewSite™ is designed for transcortical use for intracerebral hematomas, AVM, cavernous malformations, metastatic and primary brain tumors, cerebral cysts, intraaaxial tumors and lesions and intraventricular tumors. The TC model can be used in any cranial procedure that is intraventricular or subcortical in nature.
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BOCA RATON, FL—(Marketwire -05/16/12)- Vycor Medical, Inc.(“Vycor”) (OTC.BB: VYCO) yesterday reported first quarter 2012 revenue of $432,601, a 198% increase on the $145,122 for the first quarter of 2011. The Vycor Medical division generated revenue of $321,781, a 222% increase on 2011, and NovaVisiongenerated revenue of $110,820, a 145% increase, including a maiden contribution from Sight Science. Gross profit for the first quarter of 2012 was $353,179 compared to $122,749 in 2011. The overall group margin was slightly lower at 82% in 2012 compared to 85% in 2011. Total Operating Expenses was $1,113,127 for the first quarter of 2012, a slight increase over $1,034,528 for 2011. The Net Loss was $783,430, a reduction over the net loss of $935,700 reported for 2011.