Welcome to our dedicated page for IR-MED news (Ticker: IRME), a resource for investors and traders seeking the latest updates and insights on IR-MED stock.
IR-MED INC (symbol: IRME) is a pioneering company specializing in the development and commercialization of advanced medical devices and diagnostic solutions. The company's core mission is to enhance healthcare through innovative technology that enables early detection and precise diagnosis of medical conditions.
Recent achievements by IR-MED INC include significant advancements in non-invasive diagnostic technologies, which have the potential to transform patient care and improve clinical outcomes. The company's flagship product line focuses on using cutting-edge sensors and artificial intelligence to provide accurate and timely medical insights.
Currently, IR-MED INC is engaged in several groundbreaking projects aimed at expanding its product portfolio and entering new markets. These projects are supported by robust partnerships with leading healthcare institutions and research organizations, which enhance the company's R&D capabilities and accelerate its go-to-market strategy.
Financially, IR-MED INC maintains a solid foundation, with a commitment to sustainable growth and value creation for its shareholders. The company continually seeks opportunities to optimize its operations, increase efficiency, and drive revenue growth through strategic initiatives and cost-effective solutions.
With a dedicated team of experts and a strong leadership headed by Oded Bashan, Executive Chairman of the Board & Interim CEO, IR-MED INC is well-positioned to be at the forefront of medical innovation. The company remains focused on delivering high-quality products that meet the evolving needs of the healthcare industry.
For more information, please contact Sharon Levkoviz, Chief Financial Officer, at +972 (0) 4 6555054.
IR-MED (OTCQB:IRME) is set to present its innovative PressureSafe device at the NPIAP 2023 Annual Conference on March 17-18 in San Diego. This technology aims to enhance pressure injury detection, particularly among minority populations who face significant challenges. With nearly $26.8 billion spent annually on pressure injury prevention and treatment, early detection is crucial, especially for individuals with dark skin tones who suffer from these injuries at over double the rate of their lighter-skinned counterparts. The PressureSafe device utilizes infrared light and AI to provide personalized clinical feedback. The device is not yet commercially available but is expected to launch in H2 2023, pending regulatory approvals.
IR-MED has announced a partnership with Rabin Medical Center to expand usability studies for its PressureSafe device, aimed at improving the early detection of pressure injuries (PI) in patients. This device utilizes Infrared light spectroscopy and AI, demonstrating potential for significant health benefits, especially for individuals with darker skin tones who are at higher risk for PIs. The collaboration with RMC, a prominent hospital known for its research and accreditation, will enhance the study's scope and credibility. The company emphasizes the potential economic impact of PIs, with U.S. costs exceeding $26.8 billion annually.
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