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ADM TRONICS UNLTD INC - $ADMT STOCK NEWS

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Rhea-AI Summary
ADM Tronics recently conducted a virtual Shareholder Video Conference to update shareholders on its Vet-Sonotron non-invasive veterinary therapeutic technology. The technology has shown positive efficacy in treating pain and inflammation in pets and other animals, with plans for a human medical version, the Sonotron, in development. The company aims to seek FDA clearance for the Sonotron to treat musculoskeletal pain conditions, potentially impacting shareholder valuations.
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ADMT Tronics (ADMT) to Hold Shareholder Video Call on March 27, 2024, to Discuss Electronic Medical Device Innovations
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6.67%
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Rhea-AI Summary
ADM Tronics CEO presents Vet-Sonotron non-invasive therapy device at MDG Premium webinar. The device offers innovative pain management solutions for small animals, showcasing significant efficacy in treating musculoskeletal conditions. The webinar highlighted the device's development, testing, and positive results, emphasizing its potential in veterinary care.
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ADMT has completed R&D and production of its Vet-Sonotron non-invasive pain treatment device for the veterinary market. The device has shown remarkable results in treating musculoskeletal pain in animals. ADMT is currently manufacturing the initial batch of production units and has received pre-orders from the US and Southeast Asia. The company has also secured an agreement with a company providing leases for veterinary equipment. Vet-Sonotron is a significant advancement in veterinary medicine and ADMT plans to seek FDA clearance for the human medical market.
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ADM Tronics (ADMT) announces client Origin Life Sciences, Inc. partnership
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ADM Tronics (ADMT) is set to launch the Vet-Sonotron, a non-invasive veterinary therapy device, revolutionizing animal health care. The device offers a drug-free solution for pain treatment and is expected to tap into a $64 billion veterinary market in the US.
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ADM Tronics Unlimited, Inc. announces results for its first fiscal quarter ended June 30, 2023. Revenues decreased by 17% due to supply chain challenges and timing of orders. Increased SG&A expenses and higher R&D expenses were also reported. The company is working to overcome supply shortages and anticipates increased revenues and higher margins with the launch of their Vet-Sonotron device.
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ADM Tronics Unlimited, Inc. announces increased revenues and reduced net loss for fiscal year 2023
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ADM TRONICS UNLTD INC

OTC:ADMT

ADMT Rankings

ADMT Stock Data

5.41M
44.49%
Adhesive Manufacturing
Manufacturing
Link
United States of America
Northvale

About ADMT

adm tronics ("admt"​) specializes in electronic medical device design, development and manufacturing for diagnostic and therapeutic medical technologies at its fda-registered medical device manufacturing facility. admt is a one-stop source for complete design, engineering, regulatory and manufacturing services, specifically related to medical devices. its capability of bringing a medical device from the conceptual stage, through design, development and regulatory stages, into production, all in-house, differentiates admt from firms supplying only portions of those services. in addition to engineering, regulatory and manufacturing services for both partners and clients, admt has a number of proprietary medical devices. these devices, conceived, designed and produced in-house include therapeutic and diagnostic medical technologies in fields as diverse as audiology, physical medicine, wound therapy, neurology and urology. for more information visit the company’s websites - admtronics.com