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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| NMRD | +0% | -100% | -88.11% | -100% |
| S&P | +14.29% | +86.82% | +13.3% | +237% |
Nemaura Medical, Inc. operates as a holding company. The firm engages in the provision of medical device research. It manufactures and commercializes glucose monitoring system, named sugarBEAT. The sugarBEAT consists of a disposable adhesive skin-patch connected to a rechargeable wireless transmitter that displays glucose readings at regular five minute intervals with the use of a mobile app. The company was founded by Dewan Fazlul Hoque Chowdhury on December 24, 2013 and is headquartered in New York, NY.
The clinical-stage upstart is raising money via a stock offering that dilutes existing investors.
The clinical-stage upstart is making progress in advancing a new type of glucose monitor to market.
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