Itamar Medical Ltd. (ITMR) is in talks for partnerships from Sweden to Canada as the maker of sleep apnea and heart diagnostics seeks to boost sales after seven years of sluggish growth, Chief Executive Officer Gilad Glick said.
While Itamar doesn’t issue official guidance, “my personal compensation is maximized only if I am growing this company 40 percent year over year,” Glick said. The company signed sales accords in 2014 with Medtronic Inc., its biggest shareholder, and Tokyo-based Nihon Kohden Corp. (6849) as it sought to penetrate new markets.
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