Echo Hires Firm To Attract Investors
Franklin-based medical device manufacturer Echo Therapeutics has hired New York-based Hayden IR to craft the company's investor relations campaign.
Hayden IR provides consulting services that help companies increase market recognition, online presence and shape corporate identity.
Echo Therapeutics is developing a needle-free glucose monitoring system and other related technologies.
"Hayden IR and Echo will implement a comprehensive, customized approach which will concisely communicate the performance, strategic vision, reputation and competitive strengths of Echo Therapeutics to professional investors across the country," Echo CEO Patrick Mooney said.
Echo Therapeutics lost $1.2 million in the third quarter of 2009, compared to a $2.9 million loss during the same time last year. The company reported almost $500,000 in revenue for the quarter, according to U.S. Securities and Exchange Commission filings.
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