Merit Medical announces 750,000 patients treated with SCOUT® Radar Localization technology, enhancing breast cancer surgical outcomes globally.
Quiver AI Summary
Merit Medical Systems, Inc. has announced a significant milestone in breast cancer treatment, achieving 750,000 patients worldwide utilizing its SCOUT® Radar Localization technology, coinciding with Breast Cancer Awareness Month. This innovative, wire-free, non-radioactive system enhances surgical precision by helping physicians target abnormal breast tissue with high accuracy, promoting better surgical outcomes and patient care. SCOUT's versatile applications include use in various stages of treatment and for marking biopsy sites, and it is supported by numerous clinical publications. Additionally, Merit introduced SCOUT MD™, a next-generation localization system with enhanced capabilities for tumor margin mapping. With over 1,100 facilities globally using SCOUT and a commitment to improving the lives of breast cancer patients, Merit aims to alleviate the impact of cancer year-round, as highlighted by CEO Fred Lampropoulos.
Potential Positives
- Merit Medical has achieved a significant milestone by reaching 750,000 patients worldwide using the SCOUT® Radar Localization technology, highlighting the product's success and broad acceptance in the healthcare community.
- SCOUT® technology supports various treatment needs, offering versatility in breast cancer localization and potentially leading to improved surgical outcomes and patient care.
- The introduction of SCOUT MD™, a next-generation localization system, enhances the company's product portfolio and may further improve precision in cancer treatment.
- Merit's commitment to supporting individuals with breast cancer and their loved ones, as stated by the CEO, reinforces the company's dedication to improving patient outcomes and health awareness during Breast Cancer Awareness Month.
Potential Negatives
- Despite reaching a significant milestone with 750,000 patients treated, the press release does not address potential concerns regarding the safety or efficacy of the SCOUT® Radar Localization system, which could lead to skepticism from healthcare professionals or patients.
- The mention of an estimated 300,000 new cases of invasive breast cancer this year highlights the increasing prevalence of the disease, which may emphasize the ongoing challenges and potential market pressures for Merit Medical in providing effective solutions.
- While the SCOUT system has achieved notable usage statistics, the focus on only one product might raise concerns about the company's overall product diversification and reliance on a single technology for growth in a competitive market.
FAQ
What is the SCOUT® Radar Localization system used for?
The SCOUT® Radar Localization system is used for precise surgical removal of abnormal breast tissue and lymph nodes, aiding cancer treatment.
How many patients have benefited from the SCOUT technology?
SCOUT Radar Localization has reached a significant milestone with 750,000 patients treated worldwide.
What advancements does SCOUT MD™ offer?
SCOUT MD™ features four reflector shapes with distinct radar signals for more precise tumor margin mapping and localization.
How does SCOUT technology improve patient care?
SCOUT technology allows for wire-free localization with high accuracy, resulting in less trauma and improved surgical outcomes.
What is Merit Medical's mission for Breast Cancer Awareness Month?
Merit Medical aims to reduce the burden of cancer on patients and enhance education on early detection and treatment options.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MMSI Congressional Stock Trading
Members of Congress have traded $MMSI stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MMSI stock by members of Congress over the last 6 months:
- REPRESENTATIVE LISA C. MCCLAIN purchased up to $15,000 on 07/22.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
$MMSI Insider Trading Activity
$MMSI insiders have traded $MMSI stock on the open market 11 times in the past 6 months. Of those trades, 0 have been purchases and 11 have been sales.
Here’s a breakdown of recent trading of $MMSI stock by insiders over the last 6 months:
- FRED P. LAMPROPOULOS (President and CEO) has made 0 purchases and 4 sales selling 40,400 shares for an estimated $3,872,144.
- F. ANN MILLNER sold 21,250 shares for an estimated $2,049,987
- RAUL JR. PARRA (CFO AND TREASURER) sold 15,181 shares for an estimated $1,423,218
- LYNNE N. WARD has made 0 purchases and 2 sales selling 5,433 shares for an estimated $472,215.
- DAVID FLOYD sold 3,515 shares for an estimated $330,972
- MICHAEL R. MCDONNELL has made 0 purchases and 2 sales selling 3,500 shares for an estimated $330,417.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$MMSI Hedge Fund Activity
We have seen 177 institutional investors add shares of $MMSI stock to their portfolio, and 186 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROCKEFELLER CAPITAL MANAGEMENT L.P. removed 474,451 shares (-94.4%) from their portfolio in Q2 2025, for an estimated $44,351,679
- BLACKROCK, INC. removed 460,453 shares (-5.0%) from their portfolio in Q2 2025, for an estimated $43,043,146
- CITADEL ADVISORS LLC added 398,002 shares (+41.8%) to their portfolio in Q2 2025, for an estimated $37,205,226
- ARROWMARK COLORADO HOLDINGS LLC removed 341,220 shares (-34.4%) from their portfolio in Q2 2025, for an estimated $31,897,245
- UBS GROUP AG removed 332,413 shares (-44.2%) from their portfolio in Q2 2025, for an estimated $31,073,967
- NUVEEN, LLC removed 328,568 shares (-43.1%) from their portfolio in Q2 2025, for an estimated $30,714,536
- MILLENNIUM MANAGEMENT LLC added 259,743 shares (+563.7%) to their portfolio in Q2 2025, for an estimated $24,280,775
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$MMSI Analyst Ratings
Wall Street analysts have issued reports on $MMSI in the last several months. We have seen 7 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barrington Research issued a "Outperform" rating on 09/23/2025
- Piper Sandler issued a "Overweight" rating on 07/31/2025
- Raymond James issued a "Outperform" rating on 07/31/2025
- Wells Fargo issued a "Overweight" rating on 07/31/2025
- Needham issued a "Buy" rating on 07/18/2025
- Canaccord Genuity issued a "Buy" rating on 05/21/2025
- Baird issued a "Outperform" rating on 04/25/2025
To track analyst ratings and price targets for $MMSI, check out Quiver Quantitative's $MMSI forecast page.
$MMSI Price Targets
Multiple analysts have issued price targets for $MMSI recently. We have seen 7 analysts offer price targets for $MMSI in the last 6 months, with a median target of $105.0.
Here are some recent targets:
- Michael Petusky from Barrington Research set a target price of $103.0 on 09/23/2025
- Jason Bednar from Piper Sandler set a target price of $105.0 on 07/31/2025
- Jayson Bedford from Raymond James set a target price of $102.0 on 07/31/2025
- Larry Biegelsen from Wells Fargo set a target price of $100.0 on 07/31/2025
- Mike Matson from Needham set a target price of $108.0 on 07/18/2025
- Jon Young from Canaccord Genuity set a target price of $112.0 on 05/21/2025
- David Rescott from Baird set a target price of $110.0 on 04/25/2025
Full Release
SOUTH JORDAN, Utah, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Merit Medical Systems, Inc. (NASDAQ: MMSI), a global leader of healthcare technology, today announced a significant milestone for breast cancer treatment: SCOUT® Radar Localization use has reached 750,000 patients worldwide. 1
This global achievement coincides with Breast Cancer Awareness Month, a time dedicated to educating the public about the signs and symptoms of the condition, the importance of early detection, and the availability of high-quality treatment options. It is estimated that more than 300,000 new cases of invasive breast cancer will be diagnosed in women this year alone in the United States. 2
As a market leader in wire-free non-radioactive localization technology, Merit’s mission this month—and every month—is to reduce the burden that cancer places on patients and their loved ones. Radar localization helps physicians surgically remove abnormal breast tissue while reducing trauma to surrounding healthy tissue. By implanting a tiny reflector, approximately the size of a grain of rice, physicians can use SCOUT to target affected tissue within +/- 1 mm of accuracy, which may result in more successful surgeries and improved patient care.
SCOUT supports multiple treatment needs, including placement in breast tissue and lymph nodes, and can be used pre- or post-neoadjuvant chemotherapy, at time of biopsy, and for bracketing, a technique used to help localize large or multifocal tumors for breast-conserving therapy. The SCOUT indication for use also supports percutaneous placement in soft tissue to mark a biopsy site or a soft tissue site intended for surgical removal, broadening utilization of SCOUT technology outside the traditional use for breast cancer treatment.
To further transform surgical localization, Merit recently added SCOUT MD™ to its portfolio. This next-generation localization system provides four reflector shapes with distinct radar signals, enabling more precise tumor margin mapping and localization of multiple lesions or nodes.
A trusted solution for breast cancer care, SCOUT has been mentioned in more than 100 clinical publications with nearly 8,500 patients referenced throughout. It has been used in 50 countries; more than 500 cases are performed each day, totaling 10,000 cases per month. Over 1,100 facilities worldwide choose SCOUT as their preferred method of wire-free localization.
Learn more about the SCOUT Radar Localization system.
“We’re delighted to see the positive impact SCOUT has on patients’ lives, especially during such a momentous time of the year as Breast Cancer Awareness Month,” said Fred Lampropoulos, Merit Medical’s Chairman and Chief Executive Officer. “At Merit, support for individuals with breast cancer and their loved ones extends beyond October. Every day, through products like SCOUT, we’re able to help more patients become cancer-free, and we’re proud to be a part of that.”
ABOUT MERIT MEDICAL
Founded in 1987, Merit Medical Systems, Inc. is engaged in the development, manufacture, and distribution of proprietary medical devices used in interventional, diagnostic, and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care, and endoscopy. Merit serves customers worldwide with a domestic and international sales force and clinical support team totaling more than 800 individuals. Merit employs approximately 7,300 people worldwide.
TRADEMARKS
Unless noted otherwise, trademarks and registered trademarks used in this release are the property of Merit Medical Systems, Inc., its subsidiaries, or its licensors.
CONTACTS
PR/Media Inquiries
Sarah Comstock
Merit Medical
+1-801-432-2864 |
[email protected]
Investor Inquiries
Mike Piccinino, CFA, IRC
Westwicke - ICR
+1-443-213-0509 |
[email protected]
1. Data on File.
2. National Breast Cancer Foundation. 2024. “Breast Cancer Stats & Facts.” https://www.nationalbreastcancer.org/breast-cancer-facts/