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411 Route 17 South
Hasbrouck Heights, NJ 07604 USA
phone:(201) 288-3082
fax:(201) 288-5093
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| Symbol |
UMSY |
| Exchange |
OTC |
| Founded |
2001 |
| Employees |
10 |
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| www.usmedsyscorp.com
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| Research Sector |
Medical Devices & Tech |
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| Summary Description |
| Technology and support services to the healthcare industry. |
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| Management |
| Anthony Rubino, President and Chairman of the Board; Rosalind Piazza, Executive Vice President and Chief Operating Officer; Michael Nicusanti, Director; Dr. Orest B. Boyko, Director |
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| Recent Results |
| For the first quarter ended March 2006, U.S. Medysy reported net revenues of $1.1 million vs. revenues of $232,479 in Q1 2005. The net loss for the quarter was $1.13 million vs a loss of $1.6 million in Q1 2005. |
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| Keywords |
| woundwound, woundcare |
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| Description |
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Roughly 90% of U.S. Medsys' revenues come from its Global Medical Direct (GMD) division, a medical equipment provider specializing home delivery of diabetic supplies. U.S. Medsys' other divsion, NEODS, manufactures Comfort and Diabetic shoes, orthotic inserts and braces. |
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| Products / Services |
NEODS develops diabetic shoes, orthotics, shoe inserts
GMD offer home delivery of: diabetic testing supplies, insulin pump supplies, respiratory supplies, prescriptions, orthopedic care, wound care.
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| Technology / Differentiation |
| NEODS utilizes computerized posture and foot pressure technology to develop its products. Its orthotics are made from a durable proprietary compound. Inserts are dual density - using P-Cell material for the top layer and EVA material for the bottom portion. |
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| Market / Customers |
Both GMD and NEODS are focused on providing a variety of services/products to diabetic patients. It is estimated that 18.2 million Americans suffer from diabetes. GMD markets directly to consumers. NEODS markets directly, through independent distributors and through U.S. Medsys' PMC Footcare Network.
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| Competitors / Substitutes / Alternatives |
Abbott Diabetes Care, Healthways, LifeScan
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Biotech & Specialty Pharma
Healthcare Services
Medical Devices & Tech
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