aibioMDNC Medinotec Inc.
Medinotec (MDNC) news
Medinotec Inc. is a public biotech or pharmaceutical company listed on OTC under the ticker MDNC, recorded under United States. aibio.space tracks 2,820 public biotech companies worldwide and publishes investor news on them.
Latest Medinotec news
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What Medinotec does
Medinotec Inc. operates through the Medinotec Group of Companies, whose operating subsidiary, DISA Medinotec Proprietary Limited, manufactures in Johannesburg, South Africa. The group generates revenue from two sources: internally designed and manufactured proprietary medical devices, and distribution of third-party medical products under exclusive or non-exclusive agreements in defined territories. Its proprietary products include the Trachealator, a non-occlusive airway dilation balloon, the Outflo Aortic Valve Dilation Balloon Catheter, and the Cape Cross family of PTCA balloon catheters. The group also distributes cardiology and renal dialysis products from multinational manufacturers, primarily in South Africa. Its distributor arrangements cover South Africa, Namibia, Mauritius, the Middle East, Europe, South America and portions of Asia. The Trachealator received FDA 510(k) clearance in November 2021 and Outflo received clearance in March 2025, and the company has taken steps to develop sales channels in the United States. As of February 28, 2026, the group had 48 employees and independent contractors.
| Product or program | What it is | Stage |
|---|---|---|
| Trachealator | Non-occlusive airway dilation balloon | FDA 510(k) clearance November 2021 |
| Outflo Aortic Valve Dilation Balloon Catheter | Aortic valve dilation balloon catheter | FDA 510(k) clearance March 2025 |
| Cape Cross PTCA balloon catheters | Family of PTCA balloon catheters |
Medinotec annual financials
| Line | FY ended Feb 28, 2026 | FY ended Feb 28, 2025 |
|---|---|---|
| Revenue | $9.7 million | $9.1 million |
| Research and development | $149,858 | $91,133 |
| Net income (loss) | $794,502 | $2.2 million |
| Cash from operations | $906,798 | $877,834 |
| Cash and equivalents | $2.8 million | $2.8 million |
Questions about Medinotec
What is the ticker symbol of Medinotec?
Medinotec Inc. trades under the ticker MDNC on OTC.
Where is Medinotec listed?
Medinotec Inc. is listed on OTC.
Which country or territory is Medinotec listed under?
Our directory records Medinotec Inc. under United States.
Does aibio.space cover Medinotec?
aibio.space lists Medinotec Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
What does Medinotec develop?
Medinotec Inc. operates through the Medinotec Group of Companies, whose operating subsidiary, DISA Medinotec Proprietary Limited, manufactures in Johannesburg, South Africa. The group generates revenue from two sources: internally designed and manufactured proprietary medical devices, and distribution of third-party medical products under exclusive or non-exclusive agreements in defined territories.
What is Trachealator from Medinotec?
Trachealator: Non-occlusive airway dilation balloon Stage: FDA 510(k) clearance November 2021.
What is Outflo Aortic Valve Dilation Balloon Catheter from Medinotec?
Outflo Aortic Valve Dilation Balloon Catheter: Aortic valve dilation balloon catheter Stage: FDA 510(k) clearance March 2025.
What was Medinotec's revenue last year?
$9.7 million for the fiscal year ended Feb 28, 2026, as reported to the SEC.
Is Medinotec profitable?
Medinotec Inc. reported net income of $794,502 for the fiscal year ended Feb 28, 2026, and generated $906,798 of cash from operations, per its annual report to the SEC.
How much does Medinotec spend on research and development?
$149,858 in the fiscal year ended Feb 28, 2026, per its annual report.
How much cash does Medinotec have?
$2.6 million in cash at Aug 31, 2026, per its 10-Q.
Investor discussion: Medinotec
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- Company
- Medinotec Inc.
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- MDNC
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