Added to YB: 2025-01-21
Pitch date: 2025-01-18
KRMD [bullish]
KORU Medical Systems, Inc.
-21.69%
current return
Author Info
No bio for this author
Company Info
KORU Medical Systems, Inc. develops, manufactures, and commercializes subcutaneous infusion solutions primarily for the subcutaneous drug delivery market in the United States and internationally.
Market Cap
$138.9M
Pitch Price
$4.15
Price Target
N/A
Dividend
N/A
Sector
Health Care Equipment and Supplies
Category
growth
Koru Medical Systems ($KRMD) - The leader in large volume subcutaneous drug delivery
KRMD: Market leader in at-home large volume subcutaneous drug delivery. 60% GM razor-razorblade model. 10.4% rev CAGR since 2017. 6 Phase III drugs using FREEDOM system. Cash flow break-even by Q4 2024. Bull case: 65% IRR over 5 years. Risks: competition, failed trials, slow IV conversion. Catalysts: novel therapies, int'l expansion, IV-to-SC conversion.
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