Small Healthcare Companies Sometimes Forgotten
NEW YORK, May 27, 2016 /PRNewswire/ --
The healthcare sector is large and diverse, with biotechs, drug manufacturers, health insurance companies all falling under its umbrella. A rather overlooked sector are the very small healthcare companies. While not often talked about, these healthcare companies are still trying to prove themselves. The United States is by far the largest consumer of the healthcare market in the world. Advanced Medical Isotope Corp. (OTC: ADMD), Nutranomics Inc. (OTC: NNRX), KollagenX Corp. (OTCQB: KGNX), Bioelectronics Corp (OTC: BIEL)
Within healthcare, a large segment in the industry is not being discussed as often, but yet there are roughly 7,000 medical device companies in the U.S., which are small and medium-sized enterprises (SMEs). According to SelectUSA.gov approximately 80% of medical device companies have less than 50 employees. It is also an industry that includes many innovative start-ups, and micro-cap companies.
Medical devices can range across a broad spectrum of innovation. Advanced Medical Isotope Corp. (OTC: ADMD) for example, is a medical device company focused on late stage radiation oncology. The company is currently working on a product called RadioGel, an yttrium-90 based brachytherapy (internal radiation) device for the treatment of non-resectable tumors.
Shares of Advanced Medical Isotope have been trending up in recent months after the company announced the formation of a new, wholly-owned subsidiary, IsoPet Solutions Corporation, to focus on the veterinary oncology market. The company announced, they are planning to attend two upcoming investor conferences and plans to continue our efforts commercialize our Y-90 RadioGel(TM) device and IsoPet Solutions.
Nutranomics Inc. (OTC: NNRX) is a research and development of nutritional food products since its inception in 1995. Nutranomics provided research and development of supplement formulations and nutraceuticals for domestic and international brands. After developing 100's of successful formulations and patents, Nutranomics developed its own brand of nutraceuticals in 1997, Nutranomics®, and began to market and sell its products directly to consumers and into retail outlets.
KollagenX Corp. (OTCQB: KGNX) is a California based cosmetic company that's main focus is nano gold technology also known as NGT®. KollagenX® was formed by Rondell Fletcher and George Huerta in early 2008. KollagenX® develops and introduces new safe, more affordable eco-friendly NTG® products that will help improve the quality of lives. The company's unique anti-aging skin care products restore a natural youthful glow and a smoother, supplier appearance. KollagenX® helps bring the nourishment your skin needs to be healthier and function more effectively.
Bioelectronics Corp (OTC: BIEL) is a leader in biophysics and the maker of an industry leading family of disposable, drug-free, pain therapy devices: ActiPatch® Therapy, over-the-counter treatment for back pain and other musculoskeletal complaints; RecoveryRx® Devices for chronic and post-operative wound care; Allay® Menstrual Pain Therapy; and HealFast® Therapy for dogs, cats and horses.
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