IRadimed Corp IRMD

Healthcare Medical Devices

IRadimed Corporation develops, manufactures, markets and distributes magnetic resonance imaging (MRI) compatible medical devices and accessories and services. Its MRidium 3860+ MRI Compatible IV infusion pump system provides non-magnetic Intravenous (IV) infusion pump system that is specifically designed for safe use during MRI procedures. Its MRidium MRI compatible IV infusion pump system has been designed with a non-magnetic ultrasonic motor with non-ferrous parts and other special features to deliver anesthesia safely and predictably and other IV medications or fluids during various MRI procedures. Its IRadimed 3880 MRI Compatible patient vital signs monitoring system has been designed with non-magnetic components and other features to monitor a patient’s vital signs safely and accurately during various MRI procedures. The Company sells its products primarily to hospitals and acute care facilities. The IRADIMED 3880 system operates dependably in magnetic fields up to 30,000 gausses.

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IRadimed Corp

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Post by AviseAnalyticson Jan 03, 2024 8:07am

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IRADIMED CORP: MAKING MRI PROCEDURES SAFER AND EASIER

$IRMD
Iradimed Corporation (NASDAQ: IRMD) is a company that specializes in developing, manufacturing, marketing, and distributing medical devices and accessories that are compatible with MRI procedures.

The Company has reported over 23% YoY revenue growth for Q3 FY23, with revenue of $16.5 million compared to $13.4 million for Q3 FY22. In addition, for FY22, the company reported revenue of $53.3 million and a 77.4% gross margin compared to $41.8 million for FY21.

Iradimed's products are designed to make MRI procedures safer and easier, which sets them apart from other companies in the industry. Their unique offerings have the potential to revolutionize the MRI industry, making Iradimed an exciting company to watch.

Read on to know more:

https://www.aviseanalytics.com/iradimed-corp-making-mri-procedures-safer-and-easier/