Ilex Medical Ltd

ILXTASEIL0010807530₪645M

Investment Thesis

Generates revenue by selling and distributing laboratory diagnostics equipment and consumables, and by selling medical equipment and related services. Revenue is supported by installation, implementation, maintenance and technical support provided to healthcare providers and laboratories.

Geographic Exposure

Israel82.48%

South Africa & Sub-Saharan Africa16.25%

United States1.03%

Revenue Drivers

Medical equipment distribution

Sells medical equipment for diagnosis and treatment plus services.

CORE50.9%

Laboratory diagnostics distribution

Sells lab analyzers, diagnostic systems, reagents and related support.

CORE48.9%

Laboratory information software

Provides laboratory information management software activity.

PERIPHERAL0.2%

End Markets

Public hospitals and medical centers
Health maintenance organizations (HMOs)
Blood banks and national blood services
Public and private laboratories
Private hospitals, clinics and home-care patients

Specializations

Tender-based contracting and framework agreementsInstrument placement model tied to reagent/consumables salesLaboratory automation line planning and implementationAI-enabled clinical support in microbiology laboratoriesMedical equipment installation and site planning servicesHealthcare accelerator and angel-style startup investments

Activities

Importation and procurement from global suppliers
Marketing, tender participation and sales
Distribution and logistics
Installation and commissioning
Maintenance, repair and technical support