Medical*

Mindray Medical International LTD

Industry
Medical*
Symbol
NYSE:MR
States
WA
Country
China
Contact Information
Sources

According to its Annual Report filed with the SEC for fiscal year 2014: "We sell certain non-military use medical devices and equipment through independent distributors who resell such devices in Iran on a purchase-order basis. Our direct activities in Iran are limited to occasional visits to provide distributor training and to conduct customer surveys. In 2014, net revenues generated by distributors covering Iran amounted to $7.5 million, representing 0.56% of our total net revenues. We do not believe that our Iranian distributors fall within any of the proscribed categories set forth in Section 219 of the Iran Threat Reduction and Syria Human Rights Act of 2012. However, as we do not have direct knowledge of the identity of the distributors’ downstream customers, it is possible that these customers include entities, such as hospitals and pharmacies that are owned or controlled, directly or indirectly, by the Iranian government or by sanctioned persons or entities. Following a review of our business with Iran, we do not anticipate any change in our business operations in Iran in the near future."

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According to its Annual Report filed with the SEC for fiscal year 2013: "We sell certain non-military use medical devices and equipment through independent distributors who resell such devices in Iran on a purchase-order basis. Our direct activities in Iran are limited to occasional visits to provide distributor training and to conduct customer surveys. In 2013, net revenues generated by distributors covering Iran amounted to $3.7 million, representing 0.3% of our total net revenues. We do not believe that our Iranian distributors fall within any of the relevant categories. However, as we do not have direct knowledge of the identity of the distributors’ downstream customers, it is possible that these customers include entitles, such as hospitals and pharmacies that are owned or controlled, directly or indirectly, by the Iranian government or by sanctioned persons or entities. Following a review of our business with Iran, we do not anticipate any change in our business operations in Iran in the near future."

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Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

Response

No response at this time.

Iridex Corp

Industry
Medical*
Value of USG Contracts
5
Value of USG Contract Source
http://usaspending.gov/explore?fromfiscal=yes&tab=By+Prime+Awardee&fiscal_year=2010&contractorid=280932&fiscal_year=&tab=By+Prime+Awardee&fromfiscal=yes&carryfilters=on&Submit=Go
Symbol
NASDAQ:IRIX
States
CA
Country
USA
Contact Information
Sources

According to a correspondence filed with the SEC in 2011: "We have a distribution agreement with Iran Memco, based in Iran, who operates as our distributor for ophthalmology products in Iran. We have been working with Iran Memco since 2007."

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“In December 2005, we [Iridex] received a purchase order from Hamilens Co., a distributor in Tehran, Iran for two OcuLight SLx Infrared Lasers, 20 Gauge straight Endoprobes and two Dovetail lens filters with an aggregate purchase price equal to $39,040.00. The products related to this order were shipped on December 30, 2005. Iridex received a partial payment of $15,472.00 in June 2006 for this order.” (SEC Correspondence, 2007)

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According to an Annual Report filed with the SEC: "United States export laws permit the sale of medical products to certain countries under embargo by the United States government if the seller of such products obtains a license to do so, which requirements are in place because the United States has designated such countries as state sponsors of terrorism. Certain of our products have been sold in Iran, Sudan and Syria under license through distribution agreements with independent distributors. The aggregate revenue generated by sales of our products into Iran, Sudan and Syria have been immaterial to our business and results of operations. We may continue to supply medical devices to Iran, Sudan and Syria and other countries that are under embargo by the United States government upon obtaining all necessary licenses." 

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Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

Response

No response at this time.

Calypte Biomedical Corp

Industry
Medical*
Symbol
NYSE: CBMC
States
OR
Country
USA
Contact Information
Sources

Listed by U.S. Government as doing business in Iran. (U.S. Securities and Exchange Commission, List of Companies Doing Business With State Sponsors Of Terror, Removed from the internet in July of 2007)

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According to a report filed with the SEC in 2007: "During 2007, we began the process to enter several country markets within the region. We have obtained product approval in Iraq and are actively pursuing registrations in Saudi Arabia, Kuwait, Iran (pending U.S. government clearance), Morocco, Libya and Egypt."

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"Calpyte Biomedical is on the verge of selling into Iran Calpyte is actually awaiting U.S. government clearance to sell an HIV test in Iran." (The Star-Ledger, "Pharmalot," 7/1/07)

Response

No response at this time.