Sarasota Medical Products, Inc. Celebrates 15 Years of Innovation, Partnership, and Purpose in Medical Adhesives
Sarasota, Florida, June 13, 2025 (GLOBE NEWSWIRE) —
Sarasota Medical Products, Inc.
Sarasota Medical Products, Inc. (SMP), a veteran-owned innovator in the field of medical device adhesives, is proudly celebrating its 15th anniversary. It is a milestone that reflects its unwavering commitment to innovation, trusted partnership, and elevating the standard of care for patients worldwide.
Founded in 2010 by Dr. Walter Francis Leise III, SMP began as an ambitious idea on paper, an MBA business plan, and a leap of faith away from corporate life. Today, the company stands as a recognized innovator in custom hydrocolloid development and wound, ostomy, and incontinence care, with a legacy of breakthroughs, partnerships, and purpose-driven growth.
The turning point in SMP's early days came unexpectedly on Christmas Eve in 2011. Dr. Leise was in the lab, frustrated by an adhesive formulation that didn't meet expectations. But inspiration struck the next morning.
'I realized the formulation could actually serve a completely different need,' he said. 'It turned out to be perfect as a moldable gasket for ostomy patients. That moment really encapsulated what we now do: adapt, innovate, and listen to what patients need.' That adaptability became the cornerstone of SMP's success.
SMP closely works with partners to develop customized, premium adhesive solutions. Each formulation is created with patients in mind. 'We're not a 'take it or leave it' company,' said Dr. Leise. SMP dwells on the philosophy that good products come from great partnerships. It only works with vendors who want to be partners, not just buyers. And the SMP team speaks to the patients constantly to hear them out, especially if something's not working, and constantly works on innovation. This commitment has led them to key acquisitions and brand expansions that reinforce SMP's standing in the market.
Cymed Micro Skin
In 2019, SMP acquired Cymed, a premium brand tailored for active patients. Employing micro skin, a breathable, ultra-thin, water-resistant adhesive dressing, Cymed empowers users to move freely, exercise, swim, and live without limits. 'Cymed is for people who don't want to slow down,' said Dr. Leise. 'It's one of the oldest names in ostomy care, and we're proud to carry it forward with next-gen improvements.'
Entrust Ostomy Care
In 2020, SMP acquired Entrust, now housed under its Fortis Medical Products division. Known for high-quality ostomy, ileostomy, and urostomy devices, Entrust was brought under the SMP umbrella during the COVID-19 crisis, preserving a trusted brand and giving it the operational strength to grow.
'With Entrust, the mission is trust,' said Dr. Leise. 'Patients deserve to forget they've had a life-changing surgery. Our job is to make products so dependable and comfortable, their dignity and quality of life are never in question.'
Based in Florida, SMP maintains its U.S.-made advantage, allowing it to maintain cost-competitive pricing against Asian manufacturers, all while offering unmatched customization and quality. Innovations in process efficiency have further strengthened SMP's position. The company has developed proprietary methods that dramatically reduce labor requirements and production costs, without compromising product performance. These efficiencies enable SMP to keep prices low, expand globally, and reinvest in research and development, including groundbreaking ventures into antibacterial adhesives.
Looking ahead, SMP is launching a new brand, Ndur Healthcare, featuring a skincare line powered by natural ingredients like tallow, alongside anti-aging and acne care innovations. A major highlight is Magic Shields, a patented, FDA-approved, silver-free antibacterial hydrocolloid that kills MRSA and E. coli, reduces fungal infections, and supports wound healing. Magic Shields is designed to serve both skincare and wound care needs, showcasing SMP's expanding footprint in preventive health.
Over the past decade and a half, SMP has gone from a single formulation to hundreds of private-label products, serving more than 20 companies. 'I'm proud we're still here,' said Dr. Leise. 'It's easy to underestimate the grit it takes to survive and grow in this industry. But I believe in working hard every day so that when luck comes, we're ready for it.'
As Sarasota Medical Products celebrates this 15-year milestone, the company remains anchored in its mission: to empower patients to live confidently, comfortably, and with dignity, one innovative adhesive at a time.
Media Contact
Name: Rachel Crumbley
Email: [email protected]
The content provided herein does not constitute medical advice. Any references to treatments, products, or services are not intended as endorsements. The company and its affiliates are not responsible for the accuracy, reliability, effectiveness, or correct use of information contained in this press release.
Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same.
Ahmedabad Plane Crash
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Forbes
19 minutes ago
- Forbes
Is Pinterest Stock A Winner?
CANADA - 2025/01/27: In this photo illustration, the Pinterest logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Question: Why would anyone pay 17 times earnings for Johnson & Johnson stock when Pinterest stock is available at a more attractive valuation of 11 times earnings? Most wouldn't—especially when considering three key points: But Then, Is PINS Stock A Safe Bet? While Pinterest shows promise, its stock (PINS) isn't without significant risk, as its past performance during market downturns highlights. For example, during the 2022 inflation shock, PINS plummeted a dramatic 81%. This was a far steeper decline compared to Johnson & Johnson's 22% drop and the S&P 500's 25% peak-to-trough fall. Similarly, the COVID-19 pandemic market correction saw PINS stock fall by 52%. Again, this was a much more pronounced decline than Johnson & Johnson's 28% drop and the S&P 500's 34% peak-to-trough decline. These instances demonstrate Pinterest's higher susceptibility to market volatility compared to more stable investments. For a deeper dive, you can explore our Buy or Sell Pinterest Stock dashboard. Separately, check out – What's Happening With MSFT Stock? Pinterest's Growth Potential Pinterest's visual discovery platform is well-positioned for substantial growth by expanding various revenue streams. The company's advertising business is set to thrive due to enhanced shopping features and improved targeting. Brands are increasingly using Pinterest's user base, known for high purchase intent, to drive product discovery and sales. The platform's expanding creator economy, powered by features like Idea Pins and creator monetization tools, is expected to significantly boost user engagement. Furthermore, Pinterest's international expansion and growing e-commerce integrations are projected to accelerate revenue growth. This is particularly true as Pinterest transforms its large global user base into shopping-centric experiences, which, in turn, increases advertiser spending and affiliate commerce revenue. What Could Go Wrong? Pinterest faces several potential risks that could hinder its growth. A primary concern is the deceleration of revenue growth if macroeconomic pressures worsen, leading advertisers to tighten their budgets. Because Pinterest heavily relies on advertising revenue, it's especially vulnerable to shifts in digital marketing spending and changes in user behavior. Additionally, there are execution risks related to Pinterest's international expansion and efforts to help creators earn money. If the company's investments in new markets and creator tools don't generate the expected returns, it could be challenging to justify these expenses, especially as Pinterest faces pressure to maintain profitability. And of course, there's always the unexpected. If you're not comfortable with a potential 60% or even more drop in value, Pinterest stock might not be the right fit for your portfolio. The biggest mistake you could make is selling when the stock is at its lowest. Instead, if you find yourself in such a downturn, consider consulting a seasoned financial advisor, especially one with experience navigating bear markets. They can help you explore strategies like the Trefis HQ strategy and other smart tactics to manage volatility. A crucial lesson here is that staying invested during turbulent times can lead to significant gains in the long run. Ultimately, for patient, long-term investors with a 3-5 year investment horizon, Pinterest could still present a compelling opportunity today.
Yahoo
2 hours ago
- Yahoo
FedEx, Nike and Micron are part of Zacks Earnings Preview
Chicago, IL – June 23, 2025 – releases the list of companies likely to issue earnings surprises. This week's list includes FedEx FDX, Nike NKE and Micron MU. The expectation is for Q2 earnings to increase by +5% from the same period last year on +3.9% higher revenues. This will be a material deceleration from the growth trend of recent quarters. In the unlikely event that actual Q2 earnings growth for the S&P 500 index turns out to be +5% as currently expected, this will be the lowest earnings growth pace for the index since the +4.3% growth rate in 2023 Q3. We have been regularly flagging in recent weeks that 2025 Q2 earnings estimates have been steadily coming down. The magnitude of cuts to 2025 Q2 estimates since the start of the period is larger and more widespread than what we have become accustomed to seeing in the post-COVID period. Since the start of April, Q2 estimates have declined for 14 of the 16 Zacks sectors (Aerospace and Utilities are the only sectors whose estimates have gone up), with the biggest cuts to Conglomerates, Autos, Transportation, Energy, Basic Materials, and Construction sectors. Estimates for the Tech and Finance sectors, the largest earnings contributors to the S&P 500 index, accounting for more than 50% of all index earnings, have also been cut since the quarter got underway. But as we have been pointing out recently, the revisions trend for the Tech sector has notably stabilized in recent weeks. We see this same trend at play in annual estimates as well. A likely explanation for this stabilization in the revisions trend is the easing in the tariff uncertainty after the more punitive version of the tariff regime was delayed. Analysts started revising their estimates lower in the immediate aftermath of the early April tariff announcements, but appear to have since concluded that those punitive tariff levels are unlikely to get levied, helping stabilize the revisions trend. In terms of S&P 500 index 'EPS,' these growth rates approximate to $253.84 for 2025 and $286.87 for 2026. The June-quarter reporting cycle will really get going when the big banks come out with their results on July 15th. But we will have officially counted almost two dozen quarterly reports from S&P 500 members by then. All of those reports will be from companies with fiscal quarters ending in May, which we and other research organizations count as part of the June-quarter tally. We have seen such fiscal May-quarter results from 9 S&P 500 members already and are on track to see another 8 index members come out with results this week. The notable companies reporting this week include FedEx,Nike, Micron and others. FedEx shares were down big in response to the March 20th quarterly release when it missed estimates. But the stock has been struggling for the last couple of years, with the onset of uncertainty around international trade adding to muted demand trends in the industrial sector. FedEx has been actively working to reduce its cost base and lower the business's capital intensity. The board's announcement to spin off the LTL business (less-than-truckload business) is part of that repositioning. FedEx is scheduled to report after the market's close on Tuesday, June 24th. The company is expected to earn $5.94 per share on $21.7 billion in revenues, representing year-over-year changes of +9.8% and -1.9%, respectively. Estimates for the period have steadily come down, with the current $5.94 per share estimate down from $5.98 a month back and $6.32 three months ago. FedEx shares have lost roughly a fifth of their value this year, roughly in line with UPS's performance, but materially below the S&P 500 index's +1.2% gain. The stock is down -2.1% over the last three years, while the S&P 500 index has gained +60.3%. Just like FedEx, Nike is another bellwether that has been struggling lately, with the stock down -21.1% this year when the market as a whole is up +1.2%. Expectations for Nike's quarterly release after the market's close on Thursday, June 26th, remain low, with EPS and revenues expected to decline -89.1% and -15.4% from the same period last year, respectively The headwinds facing Nike include perceptions of a stale product line that has been weighing on demand and the resulting inventory build that needs to be rightsized. The inventory overhang is expected to persist for a few more quarters, but the market will eagerly seek incremental information on the reception of new products and updates on the product pipeline. The margin squeeze is primarily a result of clearing stale inventory, but also reflects the new management team's renewed focus on the wholesale business, which had been neglected in recent years. Micron Technology shares have literally been on fire lately, up +46.2% in the year-to-date period, handily outperforming the Zacks Tech sector's +1.5% gain and the S&P 500 index's +1.2% gain. Driving the stock's impressive momentum is Micron's leadership position in the high-bandwidth memory (HBM) space, a mission-critical input for high-performance computing (HPC) and artificial intelligence (AI) applications. The combination of stable demand trends in legacy products like DRAM and continued strength in HBM is expected to result in strong numbers when Micron reports results after the market's close on Wednesday, June 25th. The expectation is that Micron will report $1.57 per share in earnings on $8.81 billion in revenues, representing year-over-year changes of +153.2% and +29.3%, respectively. Estimates for the fiscal May quarter have remained unchanged over the last three months, although they have increased modestly for the August period and for next year as well. As noted earlier, we have already seen fiscal May-quarter results from 9 S&P 500 members, which we count as part of our Q2 tally. Total earnings for these 9 index members that have reported results are up +2.4% from the same period last year on +7.9% revenue gains, with 77.8% of the companies beating EPS estimates and all of them beating revenue estimates. We are not drawing any conclusions from these results, given the small sample size at this stage. But we nevertheless wanted to put these early results in a historical context. For a detailed view of the evolving earnings picture, please check out our weekly Earnings Trends report here >>>> Earnings Estimates Stabilize: A Closer Look Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Media Contact Zacks Investment Research 800-767-3771 ext. 9339 support@ provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NIKE, Inc. (NKE) : Free Stock Analysis Report Micron Technology, Inc. (MU) : Free Stock Analysis Report FedEx Corporation (FDX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Time Business News
2 hours ago
- Time Business News
Electricity Mechanism and Adverse Components in Hybrid Power Systems Market
An increasing electricity generating mechanism called a hybrid power system combines many energy systems, particularly renewables, to provide the best potential output configuration. Systems that produce electricity from two or more sources typically renewable ones are identified as hybrid power systems. By combining components to existing energy infrastructure, hybrid energy systems might help reduce expenses, environmental effects, and system disruptions. In the hybrid power systems market multiple factors, such as the growing demand for electrification, the need for more sustainable electricity, and the growth of renewable energy technologies, are fuelling the market for hybrid power systems. Hybrid power systems have the ability to combine wind and solar renewable sources for conventional backup systems that reduces the fuel dependency. Key Growth Drivers and Opportunities Expansion in Electrification: For dependable, economical, and ecologically friendly power generation, the hybrid power systems are becoming an increasingly significant alternative as the markets are witnessing the rise in global electrification. Certain contributing factors such as profitable rules, technological advancement and renewable energy resource utilization are factors that drive the hybrid power systems. Off-Grid Growth in Hybrid Systems Power: In the remote and off-grid regions there is growing demand for sustainable and off-grid locations due to the great push for hybrid power systems. The systems offer an impactful measure providing a consistent supply of electricity by integrating the conventional power with renewable energy sources, leading to lower the cost of operation and dependency on fuel. Challenges The high initial investment costs of hybrid power systems are due to costs of sophisticated technology, grid integration, energy storage, and infrastructure. It cost a fortune of funding for renewable energy sources setting up such as wind turbines and solar panels as well as effective battery storage. Innovation and Expansion Gulf States Tap Chinese Batteries for Power Renewable Ambitions In June 2025, a large-scale battery energy storage is being rapidly deploying by Saudi Arabia and UAE for integration of intermittent solar and wind into their power grids, aiming for reliable 24/7 clean energy. India Proposes Virtual Power Agreements Driving Renewable Energy Trading In June 2025, the draft regulations were introduced by India's CERC to enable virtual PPAs that promote the investment in renewable and hybrid power projects without physical delivery TotalEnergies' Saft Building 1 GWh Battery Hub On June 6, 2025, Saft, a subsidiary of TotalEnergies, has been selected by leading Asian renewable energy developer Gurīn Energy to supply a battery energy storage system (BESS) for the latter's major energy storage project being developed in Fukushima, Japan. This will help Japan progress towards national renewable energy targets of 40-50 percent of the generation mix by 2040, up from 27 percent today, as well as the country's goal of achieving carbon neutrality by 2050. Saft will deliver a fully integrated lithium-ion (Li-ion) battery system with a total of over 1 gigawatt-hours (GWh) of storage, together with power conversion and power management systems from its partners, as well as Saft's I-Sight cloud supervision and data management systems featuring AI-based functionalities. The BESS will also be installed, commissioned and serviced by Saft. India's SECI Envision Renewable Expansion till 2030 In June 2025, 2 GW of solar power tender were launched by India's SECI with co-located battery storage systems enhancing grid flexibility and supports the country's targeted renewable expansion through 2030 Innovation drives, Expanding Markets DANI GROUP, Siemens Energy, General Electric Company, and other companies are recognized for their significant contributions to the hybrid power system market. Major strategies for hybrid power system companies consist of strong emphasis on integrating diverse renewable energy sources such as solar and wind, advanced energy storage solutions innovation, contributing to the hybrid power system market diversification. About Author: Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business. TIME BUSINESS NEWS
