Vidacare Corporation Growth Expected to Attract Increased Attention , May Become Acquisition Target

By Reporter - San Antonio Business Journal, W. Scott Bailey

Vidacare Corp. .Vidacare Corp. Latest from The Business Journals Vidacare names Mangum next chief financial officerEuropean health regulators expand technology use for VidacareVidacare clears more regulatory hurdles in Europe Follow this company .CEO Mark Mellin says the medical device company expects to see a significant growth in revenue this year, and he is already projecting similarly strong financial gains for 2012, too, due to a number of strategic changes and new product opportunities.

While that continued growth could make the San Antonio-based company an increasingly attractive target for acquisition, Mellin says Vidacare’s expanding presence will help raise the Alamo City’s profile in the national and international bioscience arenas.

“Our company looks much different than it did a year ago,” Mellin explains. “We’ve been very successful in a very tough economy.”

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