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Phoenix medical instrument sells out of medical instruments

Posted on August 21, 2021

PHOENIX (AP) Phoenix medical instruments company Phoenix Medical Instruments says it’s selling out of its most popular medical instrument, the Phoenix Electrolurgical, as consumers flock to the brand for a more affordable price.

The company posted Monday that its sales for the Electrological rose 17% in its most recent quarter, to $2.6 billion.

The Electrolical, also known as the Phoenix Medical Instrument, is made by Electrolux Medical Systems, a company that was founded in 1996 and was acquired by Medtronic in 2003.

Medtronic is an American medical equipment manufacturer that was sold to Oracle Corp. in 2004 for $8.4 billion.

Electrologies are used to diagnose and treat a variety of conditions.

The company said Monday that sales of the Electronical grew 30% to $6.2 billion.

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