Nemaura Medical Inc

NMRD NASDAQ
0.7602
-0.0298
-3.77%
Closed 16:00 08/23 EDT
Open
0.7900
Prev Close
0.7900
High
0.7900
Low
0.7500
Volume
36.42K
Avg Vol (3M)
101.55K
52 Week High
3.980
52 Week Low
0.7000
% Turnover
0.02%
Market Cap
158.13M
1D
5D
1M
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Company Profile

Nemaura Medical, Inc. is a holding company. The Company owns a diagnostic medical device company specializing in discovering, developing and commercializing specialty medical devices. The Company's focus is on the development of a continuous glucose monitoring (CGM) device, which consists of a disposable patch containing a sensor, and a non-disposable miniature electronic watch with a re-chargeable power source. CGM through a non-invasive patch can enable early detection of subtle changes in blood glucose levels. The Company, through its operating subsidiaries, performs medical device research and manufacturing of a CGM, named sugarBEAT. The sugarBEAT device is a non-invasive, wireless device for use by persons with Type I and Type II diabetes, and may also be used to screen pre-diabetic patients. The sugarBEAT device extracts analytes, such as glucose, to the surface of the skin in a non-invasive manner where it is measured using sensors and interpreted using an algorithm.
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