CAS Medical Systems (NASDAQ: CASM) is a medical technology company that develops, manufactures and markets non-invasive patient monitoring products such as its FORE-SIGHT® Cerebral Oximeters. This innovative technology provides a highly accurate, non-invasive measurement of tissue oxygenation in the brain, enabling medical providers to improve patient care. The company recently reported preliminary unaudited top-line results for the three and 12 months ended December 31, 2016. Among other impressive figures, FORE-SIGHT Cerebral Oximetry sales increased 17% to approximately $18.0 million for 2016. The company estimated net sales for 2016 at approximately $22.2 million, up 14% from $19.5 million for 2015. For 2017, CAS Medical said it expects a 20% increase in disposable FORE-SIGHT sensor sales and a 20% increase in the U.S. monitor installed base.
To learn more, visit www.casmed.com
About CASMED®
CASMED products are designed to provide unique non-invasive monitoring solutions that are vital to patient care. The company’s FORE-SIGHT® Cerebral Oximeters provide a highly accurate, non-invasive measurement of tissue oxygenation in the brain. Direct monitoring of tissue oxygenation can provide a superior and powerful tool to alert clinicians to otherwise unrecognized and dangerously low levels of oxygen in the brain and empower them to improve patient care. In addition to FORE-SIGHT oximeters and accessories, the company also provides proprietary non-invasive blood pressure monitoring solutions for OEM use.
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