Seach Medical Group Ltd.

Seach Medical Group Ltd.

TTASE:SEMG
258.70
ILA
-11.70
(-4.33%)
No data availableFinancial data will appear here once available

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

CEO
Yogev Sarid
Full Time Employees
160
Sector
Health technology
Industry
Pharmaceuticals: other
Address
23 Pami Aviv Giv'at Hen HM Israel 4390500
IPO Date
May 21, 1990
Business
Seach Medical Group Ltd (TASE: SEMG), formerly Beyond Time Holdings Ltd, manufactures and sells medicinal cannabis products worldwide. The company offers pure medical cannabis inflorescence; oil compounds featuring varying concentrations of cannabinoids including THC and CBD under the Nitzan brand name; power powder; moodpicks; and recently launched medical oils such as M.MAC Oil and GO.B Oil, tailored to patient needs through precise cultivation and the entourage effect of cannabinoids, terpenes, and flavonoids. It engages in propagation, cultivation, processing, production, marketing, and distribution of these products for medical use, targeting hospitals, clinical trials, and patients while participating in cannabis-related medical research and technology development. Seach Medical Group maintains certifications including EU-GMP capability through partners, ISO 9001 since 2016, and GACP in line with WHO guidelines for its cultivation facility. In a major strategic development, Seach Medical Group completed a reverse merger into publicly traded Beyond Time in 2024 for approximately $60 million, advised by Value Base M&A, transitioning to its current public listing and structure. The company, founded in 2002 by the Sarid family—third-generation agriculturalists—and headquartered at 23 Pami Aviv in Ramat Gan, Israel (also referenced as Giv'at Hen), operates primarily in the pharmaceuticals and biotech sector with a focus on specialty drug manufacturing. It employs 158 people under CEO Yogev Sarid and serves global markets with an emphasis on Israel as a pioneer in medical cannabis innovation since 2008.