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KORU Medical Systems

Mahwah, New Jersey, United Stateskorumedical.com ↗

Ownership: Public · KRMD
Employees: ~185
Development stage: Commercial

Overview

KORU Medical’s Freedom Infusion System has been FDA-cleared since 1994 and supports over 2 million infusions annually. The system is widely used for home-based and ambulatory subcutaneous drug delivery, especially immunoglobulin therapies. The company also collaborates with biopharma partners in feasibility and clinical trials for new drug-device combinations. A Phase III trial collaboration in nephrology was announced in early 2025[6].

Therapeutic areas: ImmunologyNeurologyNephrology
Modalities: Device
Industry: Therapeutic Medical Devices

Drug pipeline

2 assets

FREEDOM60

Commercial

Indications: Subcutaneous Immunoglobulin Delivery, IV Antibiotics

1 more asset in the full pipeline.

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Partnerships

SCHOTT (next-generation subcutaneous immunoglobulin system development)Multiple unnamed biopharmaceutical companies via Novel Therapies collaborations

Financials

Market cap: $144.7M
Total revenue: $12M
Enterprise value: $139.6M

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