CardioTech International, Inc. Reports Fiscal Third Quarter Financial Results

WILMINGTON, Mass.--(BUSINESS WIRE)--CardioTech International, Inc. (AMEX: CTE), a developer and manufacturer of advanced medical devices and materials for the treatment of a broad range of disease states, today reported financial results for the fiscal third quarter and nine months ended December 31, 2007. The Company’s financial condition and results of operations, which are based on the Company’s continuing operations, exclude the financial condition and results of operations of Gish BioMedical, Inc., formerly a wholly-owned subsidiary of the Company, due to the sale of substantially all of the assets of Gish in July 2007.
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