Chris Avery - Nemaura Medical Vice President - Global Business Operations

NMRDDelisted Stock  USD 0.08  0.01  12.09%   

President

Mr. Chris Avery is Vice President Global Business Operations of the Company. Mr. Avery brings over 30 years of senior experience in the healthcare industry with a focus on launching products, establishing distribution channels, and developing international relationships. Previously, Mr. Avery cofounded DiagnoSys Medical, a UK medical device distribution company. In this role, Mr. Avery recruited, trained, and launched a fieldbased sales team and was responsible for negotiating the sale of the business to Home Diagnostics. Subsequently, Mr. Avery served as European Director and UK Managing Director at Home Diagnostic Inc. During his tenure at Home Diagnostics, Mr. Avery launched the company glucose monitoring portfolio, Orbus Stents and Animas insulin pumps, into the UK and helped build the European distribution network. Following Home Diagnostics Inc., Mr. Avery served as European Director and UK Managing Director at Nipro Diagnostics, a company dedicated to helping people with diabetes manage their disease by providing blood glucose monitoring systems and other diabetes products. While at Nipro, he refocused the organization, delivering a new strategic direction and leadership that increased market penetration. Additionally, Mr. Avery established and managed the sales operations for the organization within various regions and oversaw distributors within the EU and Africa. Most recently, Mr. Avery served as Senior Vice President of Business Development at Dallas Burston Ethitronix, where he was heavily involved in establishing and overseeing the Collaboration Agreement with Nemaura to commercialize SugarBEAT in Europe. Mr. Avery oversaw the prelaunch phase for the distribution of SugarBEAT, cultivating relationships with suppliers and diabetes key opinion leaders. since 2019.
Tenure 5 years
Phone646 416 7912
Webhttps://nemauramedical.com

Nemaura Medical Management Efficiency

The company has return on total asset (ROA) of (0.4928) % which means that it has lost $0.4928 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (7.2444) %, meaning that it created substantial loss on money invested by shareholders. Nemaura Medical's management efficiency ratios could be used to measure how well Nemaura Medical manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 20.03 M in liabilities. Nemaura Medical has a current ratio of 0.97, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Nemaura Medical until it has trouble settling it off, either with new capital or with free cash flow. So, Nemaura Medical's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Nemaura Medical sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Nemaura to invest in growth at high rates of return. When we think about Nemaura Medical's use of debt, we should always consider it together with cash and equity.

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Nemaura Medical Inc., a medical technology company, discovers, develops, and commercializes diagnostic medical devices. Nemaura Medical Inc. was founded in 2009 and is based in New York, New York. Nemaura Med operates under Medical Devices classification in the United States and is traded on NASDAQ Exchange. It employs 32 people. Nemaura Medical (NMRD) is traded on NASDAQ Exchange in USA. It is located in 57 West 57th Street, New York, NY, United States, 10019 and employs 36 people. Nemaura Medical is listed under Medical Equipment category by Fama And French industry classification.

Management Performance

Nemaura Medical Leadership Team

Elected by the shareholders, the Nemaura Medical's board of directors comprises two types of representatives: Nemaura Medical inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Nemaura. The board's role is to monitor Nemaura Medical's management team and ensure that shareholders' interests are well served. Nemaura Medical's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Nemaura Medical's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dewan Chowdhury, Chairman of the Board and Presidentident, CEO
Arash Ghadar, Chief Officer
Iain Anderson, CFO
Samantha Sanders, Global Programs
Richard Toon, Business and Technical Development Manager
Jay Warner, Head Operations
Thomas Mortensen, Head Marketing
Kathryn Farrar, Director of Finance
Salim Natha, Independent Director
Timothy Johnson, Independent Director
Chris Avery, Vice President - Global Business Operations
David Scott, Director of Commercial Development and Licensing
Karrar Khan, Director of Product Development
Thomas Moore, Independent Director
Bashir Timol, Chief Director

Nemaura Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Nemaura Medical a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Other Consideration for investing in Nemaura Stock

If you are still planning to invest in Nemaura Medical check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Nemaura Medical's history and understand the potential risks before investing.
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