Omri Shafran, CEO of Texas Medical Technology, details the rapid revenue growth of his medical supply business during the early months of the COVID-19 pandemic.
“On April, we sold about four million dollars. On May, we sold about six million dollars. The major deal with it was 11 and a half million dollars for the VA. It was July, twenty-twenty.”
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More from Omri Shafran
AssertionContradicted
Shafran: Texas Medical Technology's $50M Order Converted to $380M
“They got an order for the first fifty million dollar, which converted later on to 380, because they saw that we did what we promised.”
Omri ShafranJun 1, 2022▶ 9:29They Showed Up to Inspect a Factory That Did Not Exist Yet
AssertionNot publicly verifiable
Shafran: Texas Medical Technology Built a Factory in 90 Days
“We signed on the lease on November 19th and in 90 days we build a factory.”
Omri ShafranJun 1, 2022▶ 9:37They Showed Up to Inspect a Factory That Did Not Exist Yet
AssertionNot checkable as stated
Shafran: Texas Medical Tech hired 18 engineers from Tesla, GE, and Audi
“And we developed from scratch with 18 engineers that we hire from GE, from Tesla, from Audi. We developed an automated gown dispenser.”
Omri ShafranJun 1, 2022▶ 11:42They Showed Up to Inspect a Factory That Did Not Exist Yet
Disclosure
Shafran: Texas Medical Tech acquired 4.76% of Olive Diagnostics
“We just purchased 4.76% in Israeli company named Olive, where they invented a toilet seat that can recognize all the urine disease through a lightoscope.”
Omri ShafranJun 1, 2022▶ 13:35They Showed Up to Inspect a Factory That Did Not Exist Yet
Disclosure
Shafran: Texas Medical Tech took a 5% stake in Omnisense
“Also, we invested in five percent in a company named Omnisense, where they recognize all the vital through the thermometer, so they can see through a thermometer Your oxygen, blood pressure, AKG, and so on and on.”
Omri ShafranJun 1, 2022▶ 13:45They Showed Up to Inspect a Factory That Did Not Exist Yet
AssertionPartly supported
Shafran: Gloves are the second most consumed surgical supply
“The second most consumable item in a surgery room is gloves.”
Omri ShafranJun 1, 2022▶ 26:21They Showed Up to Inspect a Factory That Did Not Exist Yet
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