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While more advanced computer controlled iontophoresis systems, such as IOMED's Phoresor System, remain the preferred products among medical professionals; a niche market has developed for integrated single-use, disposable iontophoretic drug delivery patches, with a self-contained power source. IOMED's proprietary Companion80 product is best in class among these integrated iontophoresis products, which allow clinicians to efficiently manage their clinic time and allow patients to resume their daily activities while receiving their iontophoresis treatment.
IOMED is a leader in developing, manufacturing and marketing active drug delivery systems used primarily to treat acute local inflammation in the physical and occupational therapy and sports medicine markets. The Company is pursuing opportunities to advance its position as a provider of quality, innovative non-invasive medical products that improve patient healthcare. IOMED seeks to accomplish this by expanding its product line, distributing new products, developing strategic partnerships, and through acquisitions.