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Recent Updates — UTMD

August 31, 2026View Source ↗

Utah Medical Products, Inc. announced that its wholly-owned subsidiary, Femcare Ltd, has acquired all common shares of Orion Medical Supplies Ltd, a UK-based assembler and distributor of harm reduction medical devices. The transaction was funded with £3.6 million from cash reserves. The acquisition is expected to add approximately $6 million in annual consolidated sales and reduce overhead expenses as a percentage of UK sales by leveraging existing Femcare infrastructure. Utah Medical Products, Inc. manufactures and distributes medical devices for women's health and surgical applications.

July 23, 2026View Source ↗

Utah Medical Products reported 2Q 2026 net sales of $8.5 million, a 14.3% decrease from 2Q 2025, and 1H 2026 net sales of $17.3 million, a 12.3% decrease. The decline was primarily due to the loss of two major customers, PendoTECH and a China-based distributor. Management now projects a full-year 2026 sales decline of 10-13% compared to 2025. The company paid $0.31 per share in dividends during 2Q and 1H 2026. The company develops, manufactures and markets disposable and reusable specialty medical devices.