January 24, 2017 7:09 AM ET

Healthcare Providers and Services

Company Overview of I.T.E.M. Medical Technologies Group

Company Overview

I.T.E.M. Medical Technologies Group operates as a medical technology distributor company in the areas of gynecology, urology, general surgery, plastic surgery, cardiac surgery, neurosurgery, ENT, and orthopedics. The company offers plasma blade systems, pulsar generators, point-of-care devices for advanced cervical scan, plasma kinetic TURP systems, retractor holders, devices for the closure of incisions and skin excisions, surgical skin closure devices, medical endoscopes, laparoscopes, and hysteroscopes. It also offers wound contact, burn contact, surgical, and catheter dressings, as well as silver products that are used with other secondary dressing. The company was founded in 1990 and is...

Ufuk Üniversitesi Street Farilya Business Center

Floor:6 Cukurambar

Çankaya

Ankara,  

Turkey

Founded in 1990

Phone:

90 312 205 52 00

Fax:

90 312 205 52 40

Key Executives for I.T.E.M. Medical Technologies Group

Chairman, Chief Executive Officer and President
Vice President of Strategy & Business Development and Director
Vice President and Director
Compensation as of Fiscal Year 2016.

I.T.E.M. Medical Technologies Group Key Developments

ITEM Medical Technologies Receives Order for Disposable Cervical Guides from the Turkish Ministry of Health

Guided Therapeutics Inc. announced that its ITEM Medical Technologies, has received an increased order for disposable Cervical Guides from the Turkish Ministry of Health (MOH). The order has more than doubled to 1.1 million disposable Cervical Guides from a previously announced 450,000, as part of a four-year contract to supply LuViva® Advanced Cervical Scans to the Turkish MOH. Shipments are expected to begin in the September/October time frame. The contract is expected to generate approximately $14.4 million for Guided Therapeutics, up from an estimated $10 million value when the order was placed initially.

ITEM Medical Technologies Wins Four-Year Contract to Supply Luviva® Advanced Cervical Scans and Single-Use, Disposable Screening Cervical Guides to the Turkish Ministry of Health

Guided Therapeutics Inc. announced that its Turkish distributor, ITEM Medical Technologies, has been awarded a new, four-year contract to supply LuViva® Advanced Cervical Scans and single-use, disposable Screening Cervical Guides to the Turkish Ministry of Health (MOH). The contract will generate more than $10 million for Guided Therapeutics. The contract calls for 450 LuVivas and 450,000 single-use Cervical Guides to be supplied by Guided Therapeutics over three and a half years beginning in the third quarter of 2015 and running through 2018. The delivery schedule calls for 50 LuVivas and 50,000 disposables in the remainder of calendar year 2015 and 200 LuVivas and 200,000 disposables in calendar year 2016 with the remaining 200 LuVivas and 200,000 Cervical Guides evenly distributed over the last two years of the contract.

ITEM Medical Technologies Receives New Order from the National Ministry of Health

ITEM Medical Technologies has received a significant new order from the National Ministry of Health as it expands usage of the LuViva® Advanced Cervical Scan for screening in 2015. The new order of 100 LuViva devices and 100,000 single-use Cervical Guides supplements previous orders, and is also based in part on the Ministry of Health’s acceptance of LuViva in government training centers and university hospitals. The orders are expected to be filled starting in October.

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Recent Private Companies Transactions

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