KORU Medical Systems, Inc. - Common Stock (KRMD)
Frequently Asked Questions About KORU Medical Systems, Inc. - Common Stock (KRMD)
Does KORU Medical participate in partnerships?
Yes, KORU Medical actively seeks partnerships with healthcare entities, research organizations, and technology companies to advance their product offerings and expand their market reach.
How can I invest in KORU Medical Systems?
Investors can buy shares of KORU Medical Systems, Inc. under the ticker symbol KRMD through most brokerage firms. It's advisable to conduct thorough research and consider financial advice before making an investment.
How does KORU Medical engage with its customers?
KORU Medical engages with its customers through educational initiatives, direct support services, and feedback mechanisms. They aim to understand user experiences to enhance product design and improve overall satisfaction.
How does KORU Medical ensure product quality and safety?
KORU Medical adheres to strict regulatory guidelines and industry standards to ensure the quality and safety of its products. The company utilizes comprehensive testing and validation processes throughout its product development cycle.
How has KORU Medical adapted to industry changes?
KORU Medical has demonstrated adaptability by continuously evolving its product offerings in response to regulatory changes, technological advancements, and shifts in patient needs. This proactive approach enables them to remain competitive in the dynamic healthcare market.
Is KORU Medical publicly traded?
Yes, KORU Medical Systems, Inc. is publicly traded on the Nasdaq under the ticker symbol KRMD. The company went public to raise capital for its development and expansion efforts.
What are KORU Medical's flagship products?
KORU Medical's flagship products include the Freedom Infusion System and the KORU Syringe Infusion System. These devices are designed for easy usability, ensuring that patients can receive treatments at home or in clinical settings, thereby improving their quality of life.
What are KORU Medical's goals for the future?
KORU Medical aims to expand its product line and enhance its market presence in the infusion therapy sector. They are focused on increasing accessibility to their devices, improving patient outcomes, and driving innovations in home healthcare.
What are the benefits of the Freedom Infusion System?
The Freedom Infusion System offers numerous benefits including ease of use, portability, and a patient-friendly design that allows for greater autonomy during treatment. It can also improve medication adherence and enhance patient quality of life.
What are the competitive advantages of KORU Medical's products?
KORU Medical's products are designed with features that enhance safety, usability, and patient comfort. The company's focus on innovation and patient-centric design enables them to differentiate their offerings in a competitive market.
What does KORU Medical Systems, Inc. do?
KORU Medical Systems, Inc. specializes in innovative medical devices, particularly focusing on the development and manufacture of infusion therapy solutions. Their flagship products aim to enhance patient care by offering home and hospital systems that facilitate safer, more efficient drug delivery.
What initiatives does KORU Medical take regarding sustainability?
KORU Medical is committed to sustainability by exploring eco-friendly materials and practices in their manufacturing processes. They aim to minimize environmental impact while delivering high-quality medical devices.
What is KORU Medical’s approach to research and development?
KORU Medical emphasizes continuous research and development to drive innovation in their product offerings. They invest in advanced technologies and engage with healthcare professionals to identify unmet needs within infusion therapy.
What is the significance of the KORU brand name?
The name 'KORU' is inspired by the Māori word symbolizing new beginnings and growth, reflecting the company's mission to innovate and improve the healthcare experience for patients and their providers.
What markets does KORU Medical serve?
KORU Medical serves a variety of markets including hospitals, outpatient clinics, and home healthcare settings. Their products are designed to meet the needs of patients requiring long-term infusion therapy.
What role does KORU Medical play in home healthcare?
KORU Medical plays a crucial role in home healthcare by providing devices that enable patients to receive intravenous therapies in their own homes. This approach improves patient comfort and allows for greater flexibility in treatment schedules.
When was KORU Medical Systems founded?
KORU Medical Systems was founded in 2015. The company has since grown significantly, driven by its vision to transform infusion therapy with patient-centric solutions.
Where is KORU Medical Systems based?
KORU Medical Systems is headquartered in Durham, North Carolina. This strategic location enables them to leverage local biomedical expertise and access key markets for their products.
Who are KORU Medical's key competitors?
KORU Medical's main competitors include established medical device companies like Baxter International, B. Braun, and IVX Health. These companies also provide infusion therapy solutions that operate in the same healthcare spaces.
Who are KORU Medical’s leadership team?
KORU Medical’s leadership team comprises experienced professionals with backgrounds in medical device development, healthcare management, and business operations. Their expertise guides the company's strategic direction and growth.
What is the current price of KORU Medical Systems, Inc. - Common Stock?
The current price of KORU Medical Systems, Inc. - Common Stock is 3.800
When was KORU Medical Systems, Inc. - Common Stock last traded?
The last trade of KORU Medical Systems, Inc. - Common Stock was at 4:00 pm EDT on July 8th, 2025
What is the market capitalization of KORU Medical Systems, Inc. - Common Stock?
The market capitalization of KORU Medical Systems, Inc. - Common Stock is 175.34M
How many shares of KORU Medical Systems, Inc. - Common Stock are outstanding?
KORU Medical Systems, Inc. - Common Stock has 46.14M shares outstanding.