Inactive Instrument

Company Repro-Med Systems, Inc. OTC Bulletin Board

Equities

US7599101026

Medical Equipment, Supplies & Distribution

Business Summary

KORU Medical Systems, Inc. designs, manufactures, and markets proprietary portable and advanced medical devices primarily for the subcutaneous drug delivery market. It is focused on home and specialty infusion solutions. The Company’s focus is primarily concentrated on its mechanical infusion products, the FREEDOM Infusion Systems, which include the FREEDOM60 Syringe Driver, the FreedomEdge Syringe Driver, HIgH-Flo Subcutaneous Safety Needle Sets, and Precision Flow Rate Tubing. The devices are used for infusions administered at home and in alternate care settings. Its infusion devices work together as a system to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases (PIDD) and chronic inflammatory demyelinating polyneuropathy (CIDP). The FREEDOM System operates at a lower pressure than an electrical, volumetric pump and maintains a balance between what a patient’s subcutaneous tissues can tolerate and what the system delivers.

Sales per Business

USD in Million2022Weight2023Weight Delta
Domestic Core
78.7 %
21 76.0 % 22 78.7 % +5.85%
International Core
16.1 %
4 14.9 % 5 16.1 % +10.36%
Novel Therapies
5.2 %
3 9.1 % 1 5.2 % -41.61%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
83.0 %
24 84.6 % 24 83.0 % +0.38%
International
17.0 %
4 15.4 % 5 17.0 % +12.34%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 21-04-11
Director of Finance/CFO 52 21-10-31
Chief Tech/Sci/R&D Officer - -
Chief Tech/Sci/R&D Officer - 22-04-17
Chief Operating Officer - -
Corporate Officer/Principal - Nov. 05
Corporate Officer/Principal - 22-04-30
Corporate Officer/Principal - 21-11-04
Sales & Marketing - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 21-12-31
Chairman 78 19-05-06
Director/Board Member 64 23-09-27
Director/Board Member 49 20-12-31
Director/Board Member 58 16-05-12
Chief Executive Officer 56 21-04-11
Director/Board Member 59 21-05-17

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 49,131,002 42,796,960 ( 87.11 %) 3,420,502 ( 6.962 %) 87.11 %

Shareholders

NameEquities%Valuation
Horton Capital Management LLC
16.98 %
7,759,961 16.98 % 18 M $
First Light Asset Management LLC
11.30 %
5,163,737 11.30 % 12 M $
Archon Capital Management LLC
8.140 %
3,720,876 8.140 % 9 M $
Vanguard Fiduciary Trust Co.
4.178 %
1,909,874 4.178 % 5 M $
1,819,263 3.980 % 4 M $
BlackRock Advisors LLC
3.511 %
1,605,113 3.511 % 4 M $
272 Capital LP
1.804 %
824,534 1.804 % 2 M $
Geode Capital Management LLC
1.666 %
761,484 1.666 % 2 M $
Albion Management Group Ltd.
1.622 %
741,354 1.622 % 2 M $
Meros Investment Management L.P.
1.150 %
525,764 1.150 % 1 M $

Company contact information

KORU Medical Systems, Inc.

100 Corporate Drive

07430, Mahwah

+

http://www.korumedical.com
address Repro-Med Systems, Inc.
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