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Last 302.60
Change Today -18.20 / -5.67%
Volume 242.8K
ALMD On Other Exchanges
Tel Aviv
As of 10:24 AM 07/6/15 All times are local (Market data is delayed by at least 15 minutes).

allium medical solutions ltd (ALMD) Snapshot

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52 Week High
07/5/15 - $324.70
52 Week Low
03/18/15 - $94.59
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allium medical solutions ltd (ALMD) Details

Allium Medical Solutions Ltd., a medical device company, engages in the development, manufacture, and marketing of minimally invasive products in Israel and internationally. The company offers covered stents, such as ureteral, round posterior, triangular prostatic, bulbar, and biliary stents. It also provides uro-gynecology products, including EndoFast Reliant Systems for reinforcement of the vaginal wall; EndoFast Resorb kits for fixation of surgical mesh to tissues for tissue reinforcement; EndoFast Reliant MN, an implantable, sub-urethral support sling for the treatment of male stress urinary incontinence; and EndoFast Reliant SCP for fixation of surgical mesh to tissue for tissue reinforcement during laparotomy or laparoscopic Sacrocolpopexy approach. In addition, the company offers gastro-duodenal sleeves for the treatment of type 2 diabetes mellitus and obesity; and WIRION EPD system, a distal embolic protection system. Allium Medical Solutions Ltd. is headquartered in Caesarea, Israel.

allium medical solutions ltd (ALMD) Top Compensated Officers

Chief Executive Officer
Total Annual Compensation: 1.3M
Chief Operational Officer
Total Annual Compensation: 618.0K
Vice President of Engineering & Technology
Total Annual Compensation: 665.0K
Vice President of Business Development & Mark...
Total Annual Compensation: 545.0K
Compensation as of Fiscal Year 2014.

allium medical solutions ltd (ALMD) Key Developments

Allium Medical Receives FDA Clearance to Market Gardia's WIRION System in the US for the Carotid Indication

Allium Medical announced that it received FDA clearance to market Gardia's WIRION system in the US for the carotid indication. The FDA clearance was received in accordance with the timetable the company announced. The approval follows the unprecedented success of the company, which included meeting all clinical endpoints already at the early stage of recruiting half the patients (120 patients out of a full cohort of 240).

Allium Medical's Gardia Successfully Met All Clinical Study Endpoints Set by the FDA

Allium Medical announced that the FDA confirmed Gardia successfully achieved all the clinical study objectives at the early stage of recruitment of half the number of patients (120 patients out of 240), based on the interim results. According to the study protocol, in order to meet the primary end-point of the study, which is the safety profile, already at this early stage, the Company was required to meet very stringent statistical criteria in relation to the statistical criteria required for the full study. In view of the successful compliance with all clinical trial objectives at this early stage, the Company decided to stop recruiting additional patients. The Gardia WIRION system, which has been used successfully in over 250 procedures, in a variety of clinical indications, received a very favorable feedback from leading European physicians performing these procedures. The system includes significant competitive advantages over other FDA cleared products of other companies. The WIRION system is a unique, patent-protected embolic protection filter system that provides protection from blood clots and emboli produced during catheterization procedures for the opening of blocked blood vessels. The system has a unique locking mechanism that allows the physician to use any guide wire of choice and place the filter at a desired location. The flexibility to place the filter anywhere over any guide wire of choice makes the procedure more safe, convenient and simple for use, thus presenting significant advantages with respect to other protection solutions available in the market.

Allium Medical Solutions Ltd. Auditor Raises 'Going Concern' Doubt

Allium Medical Solutions Ltd. filed its Annual on Mar 12, 2015 for the period ending Dec 31, 2014. In this report its auditor, Kesselman & Kesselman, gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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