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About ADM Tronics (ADMT)
ADM Tronics Unlimited, Inc. (ADMT) is a diversified technology-driven company specializing in the design, development, and manufacturing of advanced electronic medical devices. With its headquarters in Northvale, NJ, ADMT operates an FDA-registered and ISO-13485-certified facility, positioning itself as a trusted partner in the medical device industry. The company's unique all-in-one approach enables it to take medical devices from initial concept through design, engineering, regulatory compliance, and manufacturing, entirely in-house. This comprehensive capability sets ADMT apart from competitors that only offer fragmented services.
Core Business Areas
- Proprietary Medical Devices: ADMT develops and commercializes its own portfolio of therapeutic and diagnostic technologies. These include non-invasive solutions targeting fields such as audiology, physical medicine, neurology, urology, wound therapy, and veterinary medicine. Notable innovations include the Vet-Sonotron®, a cutting-edge device for managing musculoskeletal pain in small animals and horses.
- Engineering and Regulatory Services: ADMT provides contract design, engineering, and regulatory services for third-party medical device developers. Its expertise spans the entire product lifecycle, ensuring seamless integration from R&D to market readiness.
- Eco-Friendly Formulations: The company also develops water-based, environmentally safe formulations, showcasing its commitment to sustainability and innovation beyond medical technologies.
Market Focus and Competitive Edge
ADMT operates within the highly specialized medical device sector, serving diverse markets ranging from human healthcare to veterinary medicine. Its proprietary technologies address unmet needs, such as non-invasive pain management, offering alternatives to traditional drug-based treatments. The company's FDA-registered facility and ISO-13485 certification underscore its commitment to quality and regulatory compliance, bolstering its reputation among clients and partners.
What truly differentiates ADMT is its ability to provide end-to-end solutions under one roof. This eliminates the need for clients to engage multiple vendors, streamlining the development process and reducing time-to-market. Additionally, its focus on eco-friendly formulations aligns with growing market demand for sustainable and safe technologies.
Proprietary Innovations
ADMT's proprietary devices, such as the Vet-Sonotron®, exemplify its innovative approach. The Vet-Sonotron® leverages non-invasive technology to treat pain and inflammation in animals, providing a drug-free alternative with no known side effects. The company is also in the process of developing a human medical counterpart, the Sonotron®, targeting chronic and acute musculoskeletal pain conditions. These advancements highlight ADMT's commitment to addressing critical healthcare challenges with groundbreaking solutions.
Commitment to Quality and Innovation
ADMT's multidisciplinary team of engineers, researchers, and technologists utilizes state-of-the-art infrastructure to drive innovation. By maintaining rigorous quality standards and focusing on sustainable practices, the company continues to advance its mission of improving healthcare outcomes while minimizing environmental impact.
Conclusion
ADM Tronics stands out as a versatile and innovative player in the medical device industry. Through its proprietary technologies, comprehensive service offerings, and commitment to sustainability, the company is well-positioned to meet the evolving needs of the healthcare and veterinary markets. Its unique ability to handle every stage of medical device development in-house makes it a valuable partner for clients seeking efficient, high-quality solutions.
ADM Tronics Unlimited (ADMT) has signed a five-year marketing and distribution agreement with SBLP Capital for its Vet-Sonotron veterinary therapy device. This device targets equine and small animal markets in key countries, including the U.S., Canada, and several European nations. The agreement, which can be renewed for another five years, is based on minimum sales requirements. Positive feedback on pre-production units suggests strong market potential. The Vet-Sonotron treats musculoskeletal pain using pulsed radio frequency therapy, enhancing ADMT's product portfolio.
ADM Tronics Unlimited, Inc. (OTCQB - ADMT) has announced the completion of its new Vet-Sonotron® device, designed for treating musculoskeletal pain and inflammation in animals. The device utilizes pulsed radio frequency therapy (PRFT) and is aimed at small and large animals, including thoroughbreds and dressage horses. Following pre-production evaluations, the company plans to commercialize the Vet-Sonotron, anticipating significant benefits in animal therapy. Additionally, the company provides manufacturing and regulatory services at its FDA-registered facility in Northvale, NJ.
ADM Tronics Unlimited, Inc. (OTCQB - ADMT) won First Place in Electronics at the Go Global Awards on October 14, 2021. This accolade recognizes the company’s innovation and leadership in electronic medical device development. Competing against 6,416 entries from 178 countries, ADMT's President, Andre DiMino, expressed gratitude for the honor, emphasizing the company’s commitment to quality in electronic technologies. The Go Global Awards celebrate organizations that contribute to the global economy through innovative strategies.
ADM Tronics Unlimited (OTCQB - ADMT) has been selected by Intubation Science, Inc. to finalize the engineering and manufacturing of the Light Speed Intubator-Imaging Stylet System. This innovative, single-use intubation device aims to enhance airway visualization and improve patient safety during intubation procedures.
The system is designed for hospital use and emergency responders, particularly during the COVID-19 pandemic. ADMT will also ensure regulatory compliance for volume production at its FDA-Registered facility in Northvale, NJ.
ADM Tronics Unlimited (OTCQB:ADMT) reported improved financial results for the first fiscal quarter ended June 30, 2021. Revenues rose by over 26% to $721,358 compared to $569,093 in the previous year, attributed to customer activity resuming post-COVID-19 disruptions. Engineering services saw revenue growth of 94% to $183,527, while the chemical segment grew 69% to $315,257. However, the electronics manufacturing segment faced a 23% decline due to raw material shortages. Net loss decreased by 73% to $30,672 from $115,736 in Q1 2020.
ADM Tronics Unlimited, Inc. (OTCQB:ADMT) reported its fiscal year results for the year ending March 31, 2021, highlighting the impact of the COVID-19 pandemic on operations. The company experienced an 11% decline in revenues, totaling $3,090,631, compared to $3,485,992 the previous year. Operating expenses rose to $1,842,320 from $1,617,409. Loss from operations was $680,478, increasing from $43,389. Despite challenges, ADMT increased its R&D investments and is exploring partnerships for future commercialization of its medical device technologies.
ADM Tronics Unlimited, Inc. (ADMT) announced its participation in the Lytham Partners Summer 2021 Investor Conference, scheduled from June 14 to June 16, 2021. President Andre DiMino will be available for virtual one-on-one meetings during the event, where he aims to discuss the company's activities and developments. ADMT specializes in designing, developing, and manufacturing electronic medical devices at its FDA-Registered and ISO-Certified facility in Northvale, NJ, with a unique capability to handle all phases of medical device development in-house.
ADM Tronics Unlimited, Inc. (ADMT) has partnered with Ventis Medical, Inc. to manufacture and support the regulatory compliance for their Ventis VM-2000 Ventilator, designed for emergency use. This ventilator aims to provide a low-cost and user-friendly solution for critical healthcare needs, addressing situations where traditional ventilators are unavailable. ADMT will utilize its FDA-Registered facility in New Jersey for the manufacturing process, actively working with VMI to meet necessary regulatory requirements for both US and international distribution.
ADM Tronics Unlimited (ADMT) has secured the Infectious Disease Prevention Training Certification from the NJBIA, establishing a comprehensive disease prevention plan that aligns with WHO and CDC guidelines. This certification emphasizes ADMT's commitment to employee and community health amidst the COVID-19 pandemic while maintaining operational continuity. The company continues its focus on developing medical technologies at its FDA-Registered facility in Northvale, NJ. ADMT specializes in electronic medical devices and offers complete design and manufacturing services.
ADM Tronics Unlimited, Inc. (ADMT) reported a 5% decrease in revenues for the third fiscal quarter ended December 31, 2020, totaling $762,644, down from $805,126 in the same quarter of 2019. For the nine-month period, revenues decreased by 13% to $2,258,822, primarily due to the impact of COVID-19 on customer operations and reduced medical procedures. Despite these challenges, manufacturing revenues grew by 10%. ADMT continues investing in research and development for proprietary medical technologies, seeking future growth opportunities.
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