AdvanSource Biomaterials Corporation, formerly CardioTech International, Inc., develops polymer materials, which provides characteristics in the design and development of medical devices. The Company’s biomaterials are used in devices that are designed for treating a range of anatomical sites and disease states. The Company manufactures and sells its polymers under the trade names ChronoFilm, ChronoFlex, ChronoThane, ChronoPrene, HydroThane and PolyBlend. The Company also manufactures and sells HydroThane polymers to medical device manufacturers. HydroThane is a thermoplastic, water-absorbing, polyurethane elastomer. It also manufactures specialty hydrophilic polyurethanes that are primarily sold to customers as part of exclusive arrangements. The Company manufactures polymers at its Massachusetts facility.