Cirtec Medical Names New CEO
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2025
0mins
Should l Buy KRMD?
Source: Globenewswire
New CEO Appointment: Cirtec Medical has appointed Shar Matin as the new Chief Executive Officer, effective September 2, 2025, bringing over 25 years of experience in the medical technology sector.
Leadership Background: Shar Matin previously served as CEO of Cordis and held senior roles at various companies including ViewRay Technologies and Boston Scientific, focusing on business growth and innovation.
Acknowledgment of Previous Leadership: The Cirtec Board expressed gratitude to Brian Highley for his decade-long leadership that transformed the company into an industry leader, and thanked Ed Philbin for his interim role during the transition.
Company Overview: Cirtec Medical specializes in the design and manufacturing of complex medical devices, with a focus on active implant systems and interventional devices, aiming to expedite market entry and enhance patient care.
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Analyst Views on KRMD
Wall Street analysts forecast KRMD stock price to rise
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 4.250
Low
4.00
Averages
6.25
High
8.00
Current: 4.250
Low
4.00
Averages
6.25
High
8.00
About KRMD
KORU Medical Systems, Inc. is a medical technology company. The Company is focused on developing, manufacturing, and commercializing patient-centric large volume subcutaneous infusion solutions primarily for the subcutaneous drug delivery market. The Company is focused on its mechanical infusion products, the FREEDOM Infusion Systems (FREEDOM System), which include the FREEDOM60 Syringe Driver, the FreedomEdge Syringe Driver, HIgH-Flo Subcutaneous Safety Needle Sets and Precision Flow Rate Tubing. The Company’s infusion devices work together as a system to deliver life-saving therapies to patients with chronic illnesses, such as primary immunodeficiency diseases (PIDD) and chronic inflammatory demyelinating polyneuropathy (CIDP). The FREEDOM System operates at a lower pressure than an electrical, volumetric pump and maintains a balance between what a patient’s subcutaneous tissues can tolerate and what the system delivers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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