Welcome to our dedicated page for Sanara Medtech news (Ticker: SMTI), a resource for investors and traders seeking the latest updates and insights on Sanara Medtech stock.
Sanara MedTech Inc. (Nasdaq: SMTI) is a medical technology company that regularly issues news and updates about its surgical, chronic wound and skin-focused business. Company announcements describe a portfolio of surgical tissue repair and advanced wound care products, including CellerateRX® Surgical Activated Collagen® Powder, BIASURGE® Advanced Surgical Solution, FORTIFY TRG® Tissue Repair Graft, FORTIFY FLOWABLE® Extracellular Matrix and several biologic bone and soft tissue matrices.
News releases often cover developments in Sanara’s commercial strategy and product adoption. For example, the company has reported on growth in soft tissue repair product sales driven by increased demand for CellerateRX Surgical and BIASURGE, expansion into additional medical facilities and the development of an independent distribution network in U.S. markets. Updates also include information on contracts and partnerships, such as an Innovative Technology contract from Vizient® Inc. for BIASURGE, which provides Vizient’s healthcare facility customers with access to the product at contracted pricing and pre-negotiated terms.
Sanara’s news flow includes financial result announcements, where it discusses segment performance, revenue trends and the impact of its strategic realignment. The company has reported the discontinuation of its Tissue Health Plus (THP) operations and the classification of THP as discontinued operations, emphasizing a renewed focus on its core surgical business. Management commentary in these releases outlines priorities related to operating efficiency and capital allocation toward surgical products.
In addition, Sanara issues updates on its product pipeline and alliances, such as its exclusive U.S. license and distribution agreement for OsStic™ Synthetic Injectable Structural Bio-Adhesive and related internal fixation technology. Investors and observers can use the SMTI news page to follow product-related announcements, financial disclosures, strategic decisions and conference participation updates that the company provides through press releases.
Sanara MedTech (Nasdaq: SMTI) reported strong Q2 2025 financial results with net revenue increasing 28% to $25.8 million year-over-year. The company's Sanara Surgical segment showed significant improvement, generating $0.5 million in net income and $4.7 million in Segment Adjusted EBITDA for Q2 2025.
Key highlights include gross margin improvement to 93% and operating loss reduction to just $31,000 compared to $2.9 million in Q2 2024. The company announced plans to evaluate strategic alternatives for its Tissue Health Plus (THP) subsidiary, which reported a net loss of $2.5 million in Q2 2025. As of June 30, 2025, Sanara had $17.0 million in cash and $44.2 million in long-term debt.
Sanara MedTech (NASDAQ: SMTI), a medical technology company specializing in surgical, chronic wound, and skin markets, has scheduled its second quarter 2025 financial results announcement for August 13, 2025, before U.S. markets open.
The company will host a conference call and webcast at 8:00 a.m. Eastern Time on the same day to discuss Q2 2025 results and conduct a Q&A session. Investors can access the call via toll-free number 888-506-0062 (access code: 132343) or through the company's website.
Sanara MedTech (Nasdaq: SMTI) has launched a pilot program through its subsidiary Tissue Health Plus (THP) for value-based wound care services. The program partners with a wound care provider group operating across six states to deliver at-home chronic wound care.
The THP technology platform will serve as the provider group's Wound Care Operating System, featuring the Co-Pilot software for standardizing patient encounters and treatment interventions. The platform includes two-way EMR integration to streamline administrative processes. The company aims to launch another pilot program with a payer in the second half of 2025.
Sanara MedTech (Nasdaq: SMTI), a medical technology company specializing in surgical, chronic wound and skincare markets, has scheduled its first quarter 2025 financial results announcement for May 14, 2025 before U.S. markets open.
The company will host a conference call and webcast at 8:00 a.m. Eastern Time on the same day to discuss results for the quarter ended March 31, 2025. Investors can join via phone (toll-free: 888-506-0062, international: 973-528-0011, access code: 490762) or webcast. A replay will be available through May 28, 2025 (replay numbers: 877-481-4010, international: 919-882-2331, passcode: 52308).
Sanara MedTech (Nasdaq: SMTI), a medical technology company specializing in surgical, chronic wound and skincare markets, has announced its participation in the Planet MicroCap Showcase: VEGAS 2025. The event will be held at the Paris Hotel & Casino in Las Vegas from April 22-25, 2025.
Management will deliver their presentation on Wednesday, April 23, 2025, at 3:30 p.m. Pacific Time. Investors can access the presentation materials on the company's investor relations website prior to the event. A live audio webcast will be available under the 'Events' section, with a replay option available after the conference.
Sanara MedTech (SMTI) reported strong Q4 2024 financial results with net revenue increasing 49% year-over-year to $26.3 million. Full-year 2024 revenue grew 33% to $86.7 million.
Q4 highlights include:
- Gross profit rose 51% to $24.1 million with 91% margin
- Operating loss of $0.4 million compared to $0.2 million loss in Q4 2023
- Net loss of $1.7 million versus $0.3 million loss in Q4 2023
- Adjusted EBITDA of $0.9 million, up from $0.4 million
The growth was primarily driven by increased sales of soft tissue repair products, particularly CellerateRX Surgical and BIASURGE. The company plans to invest $7.5-10.0 million in Tissue Health Plus segment in H1 2025, with a pilot program launch expected in Q2. As of December 31, 2024, Sanara had $15.9 million cash and $30.5 million in debt obligations.
Sanara MedTech (Nasdaq: SMTI), a medical technology company specializing in surgical, chronic wound and skincare markets, has scheduled its Fourth Quarter and Full Year 2024 financial results announcement for March 25, 2025, before U.S. markets open.
The company will host a conference call and webcast at 8:00 a.m. Eastern Time on the same day to discuss the results for the quarter and year ended December 31, 2024. Investors can join via phone (toll-free: 888-506-0062, international: 973-528-0011, access code: 904042) or watch the live webcast on the company's website. A replay will be available through April 08, 2025.
Sanara MedTech (NASDAQ: SMTI) has announced an exclusive license and distribution agreement with Biomimetic Innovations (BMI), alongside a minority investment of up to €8.0 million for approximately 12.5% equity stake in BMI. The company has made an initial €4.0 million investment, with the remaining €4.0 million contingent on achieving specific milestones.
The agreement grants Sanara exclusive U.S. rights to market, sell, and distribute OsStic®, a synthetic injectable structural bio-adhesive bone void filler, along with related delivery technology. OsStic received FDA Breakthrough Device Designation in December 2023 for periarticular fractures treatment. The technology addresses an estimated 100,000+ annual U.S. procedures.
The five-year agreement includes automatic renewal options. Market introduction is anticipated in Q1 2027, complementing Sanara's existing surgical portfolio.
Sanara MedTech (NASDAQ: SMTI) has announced key changes to its executive leadership team effective January 15, 2025. Elizabeth Taylor has been appointed as Chief Financial Officer, succeeding Michael McNeil, who transitions to the roles of Chief Accounting Officer and Chief Administrative Officer.
Taylor brings over 25 years of financial experience, including previous positions as CFO at Imbed Biosciences, COO of multiple hedge funds, and investment team member at a private equity firm. She most recently served as CFO at Imbed Biosciences from 2023 to 2025, where she managed budgeting, forecasting, and financial analysis. Her background includes founding Burnett Taylor Consulting, serving as COO at PioneerPath Capital and Tala Investments, and working at Thomas H. Lee Partners.
Ron Nixon, Sanara's Executive Chairman and CEO, emphasized that Taylor's combination of industry and Wall Street experience will complement their existing finance and accounting teams as they continue their growth phase in the surgical, chronic wound, and skincare markets.