Company Overview
Snapshot
Founded in January 1996, Flight Medical operates with 11–50 employees. The company became public on TASE in November 2009, marking a significant milestone in its corporate trajectory.
Business overview
Flight Medical develops, manufactures, and markets portable respiratory ventilators designed for various environments, including home care, long-term care, emergencies, transport, hospitals, and subacute settings. Its core products, such as the Flight 60 and HT50* ventilators, integrate proprietary technology to provide ventilation and mobility solutions. The company serves markets within the Health Tech & Life Sciences sector, specifically focusing on medical devices and life support for patients and healthcare providers.
Strategic signal
In April 2014, Flight Medical's Flight 60 ventilator integrated an O2 mixer and advanced vent modes, enhancing its functionality and appeal in the critical care market. This development signals the company's ongoing commitment to product innovation and improving respiratory support technology, which is crucial for maintaining its competitive edge in the medical devices sector.
Company Intelligence Q&A
- When did Flight Medical go public?
- Flight Medical became public on TASE in November 2009.
- What was a key product development for Flight Medical in 2014?
- In April 2014, Flight Medical's Flight 60 ventilator integrated an O2 mixer and advanced vent modes, enhancing its capabilities for respiratory support.
- What regulatory approval did Flight Medical receive in 2010?
- In August 2010, the FDA approved Flight Medical's portable ventilator, enabling its broader market access.
- What is Flight Medical's primary business?
- Flight Medical develops, manufactures, and markets life-supporting portable respiratory ventilators for various healthcare settings, including home care, hospitals, and emergencies.
- What is Flight Medical's relationship with Medtechnica?
- Flight Medical is a subsidiary of Medtechnica, which is Israel's largest medical equipment distributor, and is also part of the Ilex Medical group.