TAG Medical Products Overview
TAG Medical Products develops a wide range of medical and dental equipment and implants. The company’s orthopedic division, TAG Arthro, produces sterile and non-sterile medical and surgical devices and implants for arthroscopy, orthopedics, and endoscopy. TAG medical Products’ dental division, TAG Dental, offers high-quality implantology products, including dental implants, superstructures, instruments, and biological materials. The company’s plastic division, TagPlast, specializes in precise injection molding and offers a wide range of plastic products for the medical industry. TAG Dream develops innovative medical products and technologies in-house and in partnership with doctors and entrepreneurs.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
טנא רכשה מניות החברה של קיבוץ געתון לפי שווי של כחצי מיליארד ש' בלעדי
Israeli medical equipment company, ת.א.ג, has seen a significant increase in its company value following an investment by טנא. The investment firm purchased 9% of ת.א.גs shares for several tens of millions of shekels, based on a company value of 400-500 million shekels. This is a five-fold increase from the value at which טנא acquired control of ת.א.ג a decade ago. The company, which was established by Kibbutz Gaaton in the late 90s, has seen significant growth and is expected to move to a new factory in the Bar Lev industrial area.
InvestmentAcquisition
growth-positive
הרכישה שהפכה את המפעל הקיבוצי לחברת ביומד חדשנית
ת.א.ג. מכשור רפואי, an Israeli medical equipment company, has seen significant growth since being acquired by private equity firm טנא a decade ago. The company, which specializes in innovative equipment for sports medicine, has grown by 350% in the past four years. It recently launched a product for treating meniscus tears, which has already captured 30%-50% of the global market in this area. The company plans to continue its growth by introducing at least one new product to each of its customers every year.
AcquisitionCustomers
growth-positive
פיתוח חדשני של חברה ישראלית ל"תפירת מיניסקוס"
Israeli company TAG has developed a new device called FiberStitch for treating meniscus tears. The device significantly reduces healing time and is primarily targeted towards sports injuries. TAG specializes in developing and manufacturing tools and procedures for orthopedic soft tissue surgeries. The global trend in sports medicine is to repair meniscus tears through stitching rather than cutting, and TAGs innovative device allows for faster recovery and return to full activity after only 6 weeks. TAG has partnered with Arthrex, a leading company in the global sports medicine market, to provide an upgraded solution for meniscus tear repair.
Customers
growth-positive
Tene Investment Funds acquires T.A.G. Medical Products Corporation LTD.
Tene Investment Funds has acquired a 51% controlling stake in T.A.G. Medical Products, a surgical device company specializing in soft tissue procedures. T.A.G. exports 99% of its production to prime customers such as DePuy Mitek, Inc., Stryker Corporation, and Tornier, Inc. The company is well-positioned for growth in the field of sports medicine, with patented or patent-pending inventions and regulatory certifications. Tene Investment Funds focuses on investing in profitable and growth-export oriented Israeli industrial companies. The investment is expected to help T.A.G. realize its business potential.
Acquisition
growth-positive
Tene Investments buys 51% of TAG Medical
Tene Investments Ltd. has acquired 51% of TAG Medical Products, a medical device company that develops arthroscopic surgical equipment for sports medicine. The acquisition was made at a company value of NIS 75 million. TAG Medicals products have FDA and EU CE Mark clearance and are manufactured in Israel. The company markets its products abroad through distributors and strategic partners, such as Tornier SA of France.
Acquisition
| Sector | Health Tech & Life Sciences |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 1 |
| Investors | 1 |
Team Members
4
Employees: 51-200
Web & Social Links
| Website | www.tag-med.com |
| Careers | Careers page |
Locations
Kibbutz Gaaton, Israel
Photos & Videos
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