IR-Med, Inc. Overview
Industry: Medical Devices
Sector: Healthcare
IR-Med Inc., a development stage medical device company, focuses on the development of non-invasive devices for various medical indications. It is developing PressureSafe, a handheld optical monitoring device to support early detection of pressure injuries to the skin and underlying tissue primarily caused by prolonged pressure associated with bed confinement; and Nobiotics, an otoscope to support physicians with an immediate indication as to whether mid-ear, a common malady in children. The company is headquartered in Rosh Pina, Israel.
IR-Med, Inc. is evaluated using Mavefund's quality framework: growing earnings, durable profit margins, conservative leverage, strong return on equity, and disciplined share repurchases.
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