Ignaz Semmelweis may not be a household name, but the Hungarian physician has saved more lives than perhaps anyone in history. Back in the 19th century, maternal mortality rates were between 10% and 35% due to puerperal fever in many hospitals. The physician was troubled by these figures and began frantically researching the cause.
Semmelweis eventually concluded that some unknown “cadaverous material” was responsible and instituted a policy directing physicians to wash their hands with chlorinated lime between autopsy work and the examination of patients. As a result, mortality rates at the clinic fell a dramatic 90% overnight and the stage was set for what scientists now know as the “germ theory” of disease.
While infection control has come a long way since then, hospitals, nursing homes, long-term care facilities and other institutions continue to struggle. Patients and elderly individuals with weakened or compromised immune systems have difficulty fighting off even small infections. In many cases, simple hand washing and one-time use products aren’t sufficient to control the spread of infection.
Focusing on Soft Fabrics
NMI Health Inc. (OTC: NANM) was founded to develop and deliver enhanced tools to control the spread of infection. In 2011, the founders began working on an innovative new biomaterial to control the spread of contaminants on soft surfaces (bed linens, towels, uniforms, privacy curtains, etc.). These surfaces constitute 90% of the patient environment and they are often overlooked in everyday prevention practices. An inherent challenge is the need for constant treatment and reapplication of current topical solutions..
In response, the company developed the only full product line of durable antimicrobial soft surface fabrics on the market today.. SilverCare Plus® powered by X-STATIC® technology eliminates 99.9% of bacteria directly on the surface of the fabric, providing permanent, comprehensive, and proactive antimicrobial performance, reducing environmental contamination without additional cleaning protocols or staff and patient training.
Because silver exhibits low toxicity in the human body and acts as a natural antimicrobial, silver is widely used in a variety of industrial, healthcare, and domestic applications. X-STATIC® leverages silver’s antimicrobial attributes and uses a proprietary, permanent bonding process to chemically bond silver to yarn that is then woven into each soft SilverCare Plus® fabric.
Numerous End Markets
Antimicrobial products are most useful in hospitals, nursing homes, and long-term care facilities where they can be used to help save thousands of lives. NMI Health has developed numerous medical products targeting these markets, including scrubs, cubicle curtains, towels, blankets, linens, dignity gowns, and lab coats. By inhibiting the growth of bacteria on these fabrics, patient exposure is dramatically reduced.
The same technology that protects against bacteria has also proven effective against dust mites, which can reduce the risk of bed bug infestations for the hospitality industry. Management has begun targeting these markets with linens, blankets and towels that are treated with its innovative products powered X-STATIC® technology. Bed bug infestations can cost these institutions millions of dollars in lost revenue and reputation damage.
NMI Health Inc. may not be as large as Johnson & Johnson Inc. (NYSE: JNJ), Kimberly-Clark Corporation (NYSE: KMB), or other companies that develop similar healthcare products for the home or medical spaces, but the company has identified a critical niche within the industry. Soft surface fabrics have been largely ignored as a source for transmitting infection and could be costing patient lives.
Investors may want to take a closer look at the company as a result. With a lawsuit out of the way, the company’s management has recommitted to building long-term shareholder value. The team has significant “skin-in-the-game” and investors should watch for them to become current on their OTC Markets and SEC filings in the near future and reinvest in growing top- and bottom-line results.
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