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Quipt Home Medical Corp T.QIPT

Alternate Symbol(s):  QIPT

Quipt Home Medical Corp. is a home medical equipment provider. The Company specializes in improving the home management of chronic illness through the application of telehealth systems and automated distribution. It provides in-home monitoring and disease management services, including end-to-end respiratory solutions for patients in the United States. It offers nebulizers, oxygen concentrators, continuous positive airway pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) units; traditional and non-traditional medical respiratory equipment and services, and non-invasive ventilation equipment, supplies, and services. The Company's product offerings include the management of several chronic disease states focusing on patients with heart or pulmonary disease, sleep disorders, reduced mobility, and other chronic health conditions. Its products and services consist of sleep apnea and pap treatment, home ventilation, daily and ambulatory aides, and respiratory equipment rental.


TSX:QIPT - Post by User

Post by himmleron Apr 18, 2024 11:01am
168 Views
Post# 35995915

Price drop reason?

Price drop reason?I've been long in this company and did some research into this drop the last few weeks.Aside from recent bad news there's something else that noones addressed.
Eli Lilli has recieved FDA Approval to fast track a drug targeting sleep apnea...if approved and successful that will hit Quip .It takes the form of a pill which will replace the traditional ventilator equiptment.
I will not hold stocks that are suffering from unknowns...and this company has many.
For that I'm out...sold.
For you all hanging on I wish you all the best.
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