Northvale business announces goals for next fiscal year

On April 19, ADM Tronics (ADMT), a Northvale company, announced its milestones, targets, and initiatives over the next 12 months.

The last time the company set out its plans was on October 24, last year. On April 12, it reviewed the aims it had stated at that time, revealing it had met all of its initiatives.

ADMT also said it had enjoyed its 14th straight quarter of increased earnings since it revamped the business plan it first devised in 2013. The company also revealed it had begun a joint venture with QOL Devices, LLC relating to that company's new Alvio system – a respiratory therapy and training platform to be used in both medical and training applications.

AMDT's CEO, Andre DiMino, said that first, he hoped an audit now underway would reveal that the fiscal year, which ended on March 31, would show the company had increased its revenues for the fourth straight year. He went on to present a list of five goals, initiatives, and milestones that should help AMDT continue its growth.

Among its goals, ADMT intends to position itself as a developer and distributor of proprietary medical devices. It also hopes to enter into more joint venture agreements with other companies manufacturing medical devices.

Companies like this often work with a brochure printing company, which can create an illustrated booklet explaining the working of medical devices.