Merit Medical Systems, Inc. - Common Stock (MMSI)
Frequently Asked Questions About Merit Medical Systems, Inc. - Common Stock (MMSI)
Does Merit Medical engage in corporate social responsibility?
Yes, Merit Medical actively engages in corporate social responsibility (CSR) initiatives. The company is committed to sustainability practices, ethical manufacturing, and contributing to the communities they operate in through various outreach and charity programs designed to improve healthcare access and education globally.
How does Merit Medical ensure product quality?
Merit Medical maintains stringent quality control measures throughout its manufacturing processes. The company adheres to international quality standards and regulatory requirements, including ISO 13485 certification, to ensure their products are of the highest quality and safety standards for patients and healthcare providers.
How does Merit Medical prioritize patient safety?
Patient safety is a core value at Merit Medical. The company places a strong emphasis on developing products that are safe and effective for patients. This commitment includes rigorous testing procedures, compliance with regulatory standards, and ongoing monitoring of product performance and adverse events in the field.
How does Merit Medical respond to market trends?
Merit Medical closely monitors market trends and emerging technologies to stay competitive in the medical device industry. The company utilizes market research and customer feedback to guide product development and innovation, ensuring that it meets the evolving needs of healthcare providers and patients.
How has Merit Medical grown over the years?
Merit Medical has experienced significant growth over the years through a combination of organic expansion and strategic acquisitions. The company's robust product development strategy, coupled with its global reach, has helped it to expand its market presence and continue to provide innovative solutions to healthcare providers.
Is Merit Medical publicly traded?
Yes, Merit Medical Systems, Inc. is a publicly traded company listed on the NASDAQ stock exchange under the ticker symbol 'MMSI'. The company went public in 1992 and has since become recognized as a significant entity in the medical device industry.
What are Merit Medical's core values?
Merit Medical's core values include patient focus, integrity, quality, innovation, and collaboration. These values guide the company's operations, decision-making processes, and corporate culture, ensuring that they remain dedicated to improving healthcare outcomes and maintaining ethical practices.
What are some recent developments or acquisitions by Merit Medical?
In recent years, Merit Medical has made several strategic acquisitions and product launches aimed at expanding its capabilities and product offerings. Notable acquisitions have included companies developing specialized medical devices, allowing Merit to integrate new technologies and expand its foothold in various medical fields.
What challenges does Merit Medical face as a public company?
As a public company, Merit Medical faces challenges such as market volatility, regulatory changes, and competition from other medical device manufacturers. Additionally, maintaining investor confidence and meeting the expectations of shareholders are critical aspects that the company continuously navigates.
What does Merit Medical Systems, Inc. do?
Merit Medical Systems, Inc. is a global medical device company that specializes in developing, manufacturing, and marketing innovative medical devices used in a variety of medical procedures. Their product portfolio includes catheters, guidewires, vascular access devices, and other specialty products primarily for cardiology, radiology, and critical care markets.
What initiatives does Merit Medical have for employee development?
Merit Medical is committed to employee development through various initiatives that include ongoing training and professional development programs. The company encourages a culture of learning and innovation, providing employees with opportunities to enhance their skills and advance their careers within the organization.
What is Merit Medical's commitment to innovation?
Merit Medical is committed to continuous innovation in the medical device industry. The company invests significantly in research and development to create advanced medical technologies that improve patient care and promote better health outcomes, ensuring that they stay at the forefront of the medical device market.
What is the company's vision for the future?
Merit Medical envisions a future where it continues to be a leader in the medical device industry through relentless innovation and commitment to enhancing patient care. The company aims to expand its product lines, increase its global market presence, and make a positive impact on healthcare outcomes worldwide.
What markets does Merit Medical serve?
Merit Medical serves various markets, particularly focusing on cardiology, radiology, and critical care. The company also caters to other specialty areas, such as neurovascular and pain management, offering products that facilitate diagnostics and treatment in these critical medical fields.
What types of products does Merit Medical offer?
Merit Medical offers a diverse range of medical products, including but not limited to diagnostic catheters, biopsy needles, vascular access devices, and devices used in interventional procedures. Their products are designed to improve patient outcomes and enhance the efficiency of medical procedures.
When was Merit Medical founded?
Merit Medical was founded in 1987 by Fred P. Lampropoulos in South Jordan, Utah. The company began with a focus on developing and marketing a range of medical products and has since grown into a leading global player in the medical devices field.
Where is Merit Medical headquartered?
The corporate headquarters of Merit Medical Systems, Inc. is located in South Jordan, Utah, USA. This location houses the company's administrative functions, research and development, and a significant part of its manufacturing operations.
Who are the executive leaders at Merit Medical?
Merit Medical is led by a team of experienced executives, including President and CEO Fred P. Lampropoulos, who is also the founder of the company. The leadership team comprises professionals with extensive backgrounds in the medical device industry, driving the company's mission and strategic vision.
Who are the primary customers of Merit Medical?
Merit Medical's primary customers include hospitals, outpatient surgery centers, and healthcare professionals involved in cardiology, radiology, and critical care. The company serves healthcare providers through a broad distribution network, both in the United States and internationally.
What is the current price of Merit Medical Systems, Inc. - Common Stock?
The current price of Merit Medical Systems, Inc. - Common Stock is 92.50
When was Merit Medical Systems, Inc. - Common Stock last traded?
The last trade of Merit Medical Systems, Inc. - Common Stock was at 4:00 pm EDT on April 4th, 2025
What is the market capitalization of Merit Medical Systems, Inc. - Common Stock?
The market capitalization of Merit Medical Systems, Inc. - Common Stock is 5.39B
How many shares of Merit Medical Systems, Inc. - Common Stock are outstanding?
Merit Medical Systems, Inc. - Common Stock has 58.28M shares outstanding.