View source for Company:Itamar Medical

{{Short description|International company headquartered out of Israel}}
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{{Infobox company
|name = Itamar Medical
|logo = Itamar medical.png
|type = 
|foundation = {{start date and age|1995}}
|location = Caesarea
|key_people = Giora Yaron, Gilad Glick (President)
|industry = Medical Technology
|products =
|revenue = 33.2M
|operating_income =
|net_income =
|num_employees = 184 (2019)
|parent = ZOLL Medical Corporation
|subsid =
|homepage = {{url|https://www.itamar-medical.com}}
|footnotes =
}}

'''Itamar Medical''' is a multinational company focused on the development, manufacturing and sales of medical devices related to respiratory sleep disorders. The company is [[Social:Headquarters|headquartered]] in Caesarea, Israel<ref>{{cite news |title=Itamar Medical climbs the corona and leaves the sleep laboratories behind |url=https://www.globes.co.il/news/article.aspx?did=1001337718 |website=globes |date = 2 August 2020|publisher=Gali Winrav|last1 = וינרב|first1 = גלי}}</ref> and is owned by ZOLL Medical Corporation. The company is a medical device company<ref>{{cite web |title=tamar Medical Ltd. American Depository Shares (ITMR) |url=https://www.nasdaq.com/market-activity/stocks/itmr |website=nasdaq}}</ref><ref>{{cite web |title=Itamar Medical Ltd.&nbsp;– American&nbsp;– Consensus Indicates Potential 34.3% Upside |url=https://www.directorstalkinterviews.com/itamar-medical-ltd.---american---consensus-indicates-potential-34.3-upside/412970078 |website=directorstalkinterviews |date=21 March 2021 |publisher=Charlotte Edwards }}{{Dead link|date=November 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> providing continuum of care in the area of [[Medicine:Sleep disorder|sleep disorder]]<ref>{{cite journal |title=Market Live 2021- Global Home Sleep Screening Devices Market Can Deliver up to High CAGR over the next Few Years {{!}} Koninklijke Philips N.V., Garmin, ResMed, WebMD, Cleveland Medical Devices, NovaSom, Itamar Medical |url=https://www.mccourier.com/market-live-2021-global-home-sleep-screening-devices-market-can-deliver-up-to-high-cagr-over-the-next-few-years-koninklijke-philips-n-v-garmin-resmed-webmd-cleveland-medical-devices-novasom-i-2/ |website=mccourier |publisher=Data Bridge Market Research }}{{Dead link|date=November 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref> based on its WatchPAT diagnostic devices and early diagnosis of [[Medicine:Atherosclerosis|Atherosclerosis]].<ref>{{cite web |title=Itamar Medical Ltd info |url=https://www.bloomberg.com/profile/company/ITMR:IT |website=bloomberg}}</ref><ref>{{cite news |title=Covid-19 has made sleep clinics risky, which is where Itamar Medical's disposable home sleep apnea diagnosis kit comes in. |url=https://en.globes.co.il/en/article-as-sleep-patients-stay-home-itamar-medicals-time-arrives-1001338393 |website=globes |date=8 May 2020 |publisher=Gali Weinreb}}</ref><ref>{{cite web |title=Itamar Medical reports record revenues in the third quarter of 2020 |url=https://www.talniri.co.il/marketnews/article.asp?mp=4&cat=4&id=100443 |website=talniri}}</ref>

==Company overview==

Itamar Medical was founded in 1995 as a developer of devices for assessing vascular defects. Its early products included technology for early detection of heart disease (EndoPAT) and detection of sleep disorders<ref>{{cite web |title=Most Recent Annual Report |url=https://www.annualreports.com/Company/itamar-medical-ltd |website=annualreports}}</ref> (WatchPAT).<ref>{{cite web |title=איתמר מדיקל הודיעה על הארכת חוזה עם קייזר - המניה מזנקת ב-14% |url=https://finance.walla.co.il/item/1649755 |website=walla |date=4 March 2010 |publisher=ליאור זנו}}</ref><ref>{{cite journal |title=ויולה הופכת לבעלת המניות הגדולה באיתמר מדיקל ותשקיע בה עד 28.4 מיליון דולר |url=https://www.themarker.com/markets/1.2717556 |journal=TheMarker |publisher=ערן אזרן}}</ref><ref>{{Cite news|url=https://www.haaretz.co.il/news/health/1.1226598|title=אין הכרח בבדיקה במעבדה כדי לאבחן הפרעות שינה|newspaper=הארץ}}</ref>
The company is named after Itamar Yaron (one of the founders' brothers), who was killed in Yom Kippur War when trying to rescue an injured soldier and was later awarded with a Medal of Courage.<ref>{{Cite web|url=https://www.bizportal.co.il/general/news/article/394486|title=גיורא ירון מ'איתמר' מספר על אחיו - "פצע עמוק נפער במשפחתנו"|website=Bizportal}}</ref> Itamar's headquarter is located in Caesarea, Israel and has offices in the US, Japan and the Netherlands.

In 2007, the company went public on the Tel Aviv Stock Exchange and the on the [[Finance:Nasdaq|Nasdaq]]. In 2011, the company made its first step on the Indian market.<ref>{{cite news |title=Itamar Medical's first step in the Indian market |url=https://www.haaretz.co.il/misc/1.1237980 |newspaper=הארץ |date=31 December 2010 |publisher=Yoram Gavizon|last1=גביזון |first1=יורם }}</ref>
In 2012, the company's WatchPAT started being distributed in Russia by Medical Diagnostic Methods.<ref>{{cite web |title=איתמר מדיקל חודרת לרוסיה |url=https://www.news1.co.il/Archive/0020-D-299077-00.html |website=news1 |publisher=פיטרס דניאל}}</ref>

In 2020, the company raised $40 million on the [[Company:NASDAQ|NASDAQ]]<ref>{{cite web |title=Itamar CEO: Market potential $ 1 billion |url=https://www.israelbursa.co.il/%D7%9E%D7%A0%D7%9B%D7%9C-%D7%90%D7%99%D7%AA%D7%9E%D7%A8-%D7%94%D7%9B%D7%99%D7%A1%D7%95%D7%99-%D7%94%D7%91%D7%99%D7%98%D7%95%D7%97%D7%99-%D7%A9%D7%9C%D7%A0%D7%95-%D7%98%D7%95%D7%91-%D7%9E%D7%94%D7%9E%D7%AA%D7%97%D7%A8%D7%99%D7%9D/ |website=israelbursa |publisher=Einav Cohen}}</ref><ref>{{Cite news|url=https://en.globes.co.il/en/article-itamar-medical-raises-35m-on-nasdaq-1001317063|title=Itamar Medical raises $35m on Nasdaq|date=February 2, 2020|newspaper=Globes}}</ref> and won the SleepTech award for 2020.<ref>{{cite web |title=Itamar Medical won the SleepTech Award from the US National Sleep Foundation for 2020 |url=https://www.e-med.co.il/emed/new/usersite/content.asp?CatID=1&ContentID=856826 |website=e-med| date=6 October 2020 }}</ref>

In 2021, the company was acquired by ZOLL Medical Corporation and its stock delisted.<ref>{{cite press release |url=https://www.businesswire.com/news/home/20211216005170/en/ZOLL-Announces-Closing-of-Acquisition-of-Itamar-Medical |title=ZOLL Announces Closing of Acquisition of Itamar Medical |date=December 16, 2021 |agency={{wipe|Business Wire}}}}</ref>

=== Company's devices ===
* WatchPAT (FDA approval)<ref>{{cite press release |title=Itamar Medical Announces Results from Multi-Center Study Validate Use of WatchPAT™ in Diagnosing Sleep Apnea in Patients with AFib |url=https://www.globenewswire.com/news-release/2020/12/08/2141138/0/en/Itamar-Medical-Announces-Results-from-Multi-Center-Study-Validate-Use-of-WatchPAT-in-Diagnosing-Sleep-Apnea-in-Patients-with-AFib.html |website=globenewswire|date=8 December 2020 }}</ref><ref>{{cite web |title=Itamar Medical wins National Sleep Foundation award |url=https://www.israel21c.org/itamar-medical-wins-national-sleep-foundation-award/ |website=israel21c|date=3 November 2020 }}</ref><ref>{{Cite journal|url=https://www.themarker.com/markets/1.3885316|title=איתמר מדיקל קיבלה אישור FDA לשיווק גרסה משופרת של ה-WatchPAT|journal=TheMarker}}</ref><ref>{{cite news |title=Itamar Medical enters the US $ 3 billion market |url=https://www.haaretz.co.il/misc/1.1155114 |newspaper=הארץ |date=4 January 2011 |publisher=Yoram Gavizon|last1=גביזון |first1=יורם }}</ref>
* EndoPAT (FDA approval)<ref>{{Cite web|url=https://cardiovascularnews.com/study-shows-finger-device-may-help-predict-heart-events/|title=Study shows finger device may help predict heart events|first=BIBA|last=Publishing|date=March 27, 2009}}</ref><ref>{{cite news |title=Itamar Medical has received FDA approval for a device for assessing vascular defects; Has completed a $ 5 million fundraiser |url=https://www.haaretz.co.il/misc/1.960545 |newspaper=הארץ |date=21 April 2004 |publisher=Zori Dar|last1=דאר |first1=צורי }}</ref>
* Sleep Apnea<ref>{{Cite web|url=https://en.globes.co.il/en/article-itamar-signs-medtronic-distribution-deal-for-sleep-device---1000925010|title=Itamar signs Medtronic deal for sleep device&nbsp;— Globes|date=March 17, 2014|website=en.globes.co.il}}</ref>

==References==
{{reflist}}

==External links==
* {{official|https://www.itamar-medical.com/ }}


[[Category:Sleep disorders]]
[[Category:Companies (Medicine)]]
[[Category:Companies]]

{{Sourceattribution|Itamar Medical}}