Short description
Merit Medical Systems, a healthcare firm, manufactures medical devices used in interventional cardiology and radiology procedures.
Description
Merit Medical Systems, Inc. (Nasdaq: MMSI) is a leading manufacturer of medical devices used in diagnostic & interventional cardiology & radiology procedures. Its primary products consist of inflation devices used in angioplasty, stent placement & discography; diagnostic & therapeutic catheters used for various procedures in cardiology & radiology; guide wires used to place balloon angioplasty catheters within a patient's coronary arteries; products used to manage & monitor the administration of contrast & other fluid solutions during diagnostic & therapeutic procedures; thrombolytic catheters & fluid dispensing systems; angiography accessories; & standard & custom angiography kits.
Headquartered in South Jordan, Utah, a suburb of Salt Lake City, Merit employs approximately 1,900 people worldwide. Merit markets its products in the United States & Europe (direct sales force) & the world (distributors). They call directly on physicians & clinicians in hospitals & clinics worldwide.
The Company has expanded to three separate facilities in the Salt Lake City, Utah area (South Jordan, Murray and West Jordan). Merit also has facilities in Galway, Ireland (guidewires), Angleton, Texas (catheters), in Richmond, Virginia (procedural trays & packs) & a customer service & distribution center in Maastricht, The Netherlands. The Company has achieved a world leadership position in inflation devices & hemostasis valves & is renowned for its product innovation, customer service & product quality.
Merit possesses a proprietary manufacturing process which allows it to offer contract manufacturing (OEM) to a wide range of medical device companies.
Last funding
Noaccess
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Total funding
$$43214321
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Location
South Jordan, Utah, United States, North America
Founded on
July 28, 1987
Exited on
May 18, 1990
Went public on
May 18, 1990
Stock symbol
MMSI
Non-profit?
No
Acquired?
No
Employees count
1001-5000
Revenue range
$7890 - 12340
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Investors
Noaccess
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Founders
Fred Lampropoulos