Tel Aviv-Jaffa, Israel
It wouldn't be a stretch to assume that the "D" in D Medical Industries stands for diabetes, drug, delivery, or device. Through its Nilimedix and other operating subsidiaries, D Medical develops and manufactures insulin delivery devices for patients with diabetes. Its core product, a proprietary spring-driven pump that delivers insulin and monitors insulin levels, is similar in functionality to, but differs in design from, other motor-driven pumps on the market. The company first introduced its pumps to the marketplace in 2009 when it began selling and marketing to distributors in Europe. Tracing its roots back to the early 1990s, the company became a medical device maker in 2004 after acquiring Nilimedix.