Annual report pursuant to Section 13 and 15(d)

NOTE 16 - Segment and Geographic Information

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NOTE 16 - Segment and Geographic Information
12 Months Ended
Mar. 31, 2012
Segment Reporting Disclosure [Text Block]
NOTE 16 — Segment and Geographic Information

The Company generates product revenues from wound care products which are sold into the human and animal healthcare markets, and the Company generates service revenues from laboratory testing services which are provided to medical device manufacturers.

The Company operates a single segment business for product sales which consists of three geographical sales territories as follows (in thousands):

   
March 31,
 
   
2012
   
2011
 
U.S.
 
$
4,716
   
$
2,784
 
Mexico
   
5,190
     
4,307
 
Europe and other
   
1,947
     
1,735
 
   
$
11,853
   
$
8,826
 

The Company’s service revenues amounted to $891,000 and $928,000 for the years ended March 31, 2012 and 2011.