N 
0.01
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Close of 30 Oct 2026, in USD
About Nu-Med Plus
From its filings with the US Securities and Exchange Commission
Nu-Med Plus is based in Port Jefferson, New York and is incorporated in Utah. Its shares trade on OTC under the ticker NUMD. The SEC classifies its business as surgical & medical instruments & apparatus. In the fiscal year to 31 December 2020, it reported revenue of $0.
Company facts
- Sector
- N/A
- Industry
- N/A
- Listed since
- 2 Aug 2013
- Employees
- 2
- Website
- nu-medplus.com ↗
- Head office
- 640 BELLE TERRE RD. 2 E, PORT JEFFERSON, NY, 11777
- Incorporated in
- UT
- Classification
- Surgical & Medical Instruments & Apparatus
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. William HaydeExecutive Chairman of the Board, President, Chief Executive Officer, since 2022$19,000
- Mr. Keith MerrellChief Financial Officer, Principal Accounting Officer, Treasurer, Company Secretary, Director, since 2015$19,000
- Mr. Jeffrey RobinsDirector, since 2011$3,800
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 0
- Environment
- 0
- Social
- 0
- Governance
- 0
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Nu-Med Plus Inc has several key strengths that give them a competitive advantage in the market. Firstly, they have a strong intellectual property portfolio, which includes patents and trade secrets. This provides them with a solid foundation for innovation and product development.
- Secondly, the company has a highly skilled and experienced management team. This team has a proven track record in the medical devices industry and has successfully launched and commercialized products in the past.
- Additionally, Nu-Med Plus Inc has established strategic partnerships with leading healthcare organizations and research institutions. These partnerships provide them with access to expertise, resources, and a wide network of potential customers.
Weaknesses
- Although Nu-Med Plus Inc has many strengths, there are also some weaknesses that need to be addressed. One major weakness is their limited financial resources. As a small company, they may face challenges in securing sufficient funding for research and development, marketing, and expansion.
- Furthermore, the company heavily relies on key personnel, particularly their management team, for decision-making and execution. This dependency on a few individuals poses a potential risk if they were to leave the company or become unavailable.
- Lastly, Nu-Med Plus Inc currently operates in a highly competitive market. There are numerous competitors that offer similar products and technologies. This intensifies the need for continuous innovation and effective marketing strategies.
Opportunities
- There are several opportunities that Nu-Med Plus Inc can capitalize on to further grow their business. Firstly, the global healthcare industry is experiencing rapid technological advancements. This provides an opportunity for the company to develop and launch innovative products that address unmet medical needs.
- Secondly, the increasing focus on home healthcare and remote patient monitoring presents a significant market opportunity. Nu-Med Plus Inc can develop portable and user-friendly devices that enable patients to monitor their health from the comfort of their homes.
- Furthermore, the company can explore collaboration opportunities with pharmaceutical companies to combine their technologies and create enhanced healthcare solutions.
Threats
- Nu-Med Plus Inc faces several potential threats that could impact their business. Firstly, regulatory compliance is a major challenge in the medical devices industry. Changes in government regulations or failure to obtain necessary approvals can significantly delay product launches or even prevent them altogether.
- Secondly, the company operates in a global market, which exposes them to currency exchange rate fluctuations and international trade barriers. These factors can affect their pricing competitiveness and market access.
- Lastly, the COVID-19 pandemic has disrupted healthcare systems worldwide. The financial impact on hospitals and healthcare providers may reduce their willingness or ability to invest in new medical devices, posing a threat to Nu-Med Plus Inc's sales and growth.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.