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Fred Khosravi and AccessClosure (C)
Hamermesh, Richard G.; Barley, LaurenCaso HBS-814074-EIniciativa emprendedoraOn September 11, 2013, the three-judge panel of the U.S. Court of Appeals for the Federal Circuit denied St. Jude's request to rehear an appeal on the "double patenting" ruling for the '439 patent. Further, it removed the injunction threat that was hanging over the company. The future looked bright for AccessClosure as 2013 drew to a close. The company expected 2014 revenues of more than $100 million with a gross margin of greater than 70%. It wa...Desde 5,74 €
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Fred Khosravi and AccessClosure (B)
Hamermesh, Richard G.; Barley, LaurenCaso HBS-814038-EIniciativa emprendedoraIt was January 2013, and Fred Khosravi, chairman of the board of AccessClosure Inc., wondered what the new year had in store for him and AccessClosure, the company he founded in late 2002. Khosravi was cautiously optimistic-the Mountain View, California-based medical device company had been cash flow positive for seven consecutive quarters with annual revenues over $70 million. Since 2007, it had shipped well over 1.5 million of its vascular clos...Desde 5,74 €