Med-Design Corp. (The)

Med-Design Corp. (The)

MEDC
Med-Design Corp. (The)US flagNASDAQ
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Healthcare
Industry
Medical - Equipment & Services
Address
2810 Bunsen Avenue Ventura United States of America 93003
IPO Date
Jun 1, 1995
Business
The Med-Design Corporation (MEDC) designs, develops, licenses, and subcontract manufactures safety medical devices intended to reduce the incidence of accidental needlesticks. Its core products cover applications in blood collection, infusion therapy, and needle insertion, including safety needle devices supplied to leading industry players such as Tyco Healthcare, Bard Access Systems, and BD Medical. The company operates primarily in the United States healthcare sector, targeting hospitals, clinics, and medical professionals with products focused on needlestick prevention. In a significant strategic development, Specialized Health Products International, Inc. (SHPI) acquired The Med-Design Corporation, enhancing SHPI's portfolio of proprietary disposable medical devices through integration of MEDC's safety technology expertise. No further major acquisitions, partnerships, funding rounds, or product launches have been publicly reported for MEDC in the last 1-2 years. The company maintains a lean operational footprint with reported annual revenue around $9 million.