Blog

DEEP RESEARCH · INBODY CORT

CORT Blood Pressure Monitor News and an Initial Revenue Check

A quick read on FDA status, KRW 72 million in revenue, and estimated early unit sales using a KRW 2.4 million unit-price assumption

Written: 2024-11-15 · Product launch and revenue-estimate memo · Naver Blog

Investment decisions are your own responsibility. This material is research and is not a recommendation to buy or sell.

0. Bottom line first

The CORT blood pressure monitor appears to have received FDA clearance as well. However, revenue is still around KRW 72 million, so using KRW 2.4 million per unit, I am at the stage of asking whether roughly 30 units have been sold. Given the comment that it needs to sell 1,000 units in Korea before spreading further, exports still seem some distance away.

1. FDA and product news

CORT also appears to have received FDA clearance. The CORT post referenced in the source is https://m.blog.naver.com/korot_/223660648854.

Official fact: The source post links to a related CORT blog post titled “CORT Co., Ltd. Attends the Korean Society of Hypertension Autumn International Conference.”

CORT Korean Society of Hypertension autumn conference link image

2. Translating early revenue into unit sales

Revenue

KRW 72 million

The current revenue level mentioned in the source post.

Price

KRW 2.4 million per unit

The unit-price assumption the author used to estimate sales volume.

Units

About 30 units

A simple estimate from dividing KRW 72 million by KRW 2.4 million.

Revenue is still around KRW 72 million. If the price is KRW 2.4 million per unit, I wonder whether that means about 30 units have been sold.

Interpretation: Dividing KRW 72 million by KRW 2.4 million per unit gives about 30 units. This is the source author’s estimate, and actual unit sales would need separate confirmation.

3. Adoption and the distance to exports

However, considering the comment that 1,000 units need to be sold in Korea before it spreads afterward, exports seem somewhat far away.

Product adoption checkpointsThe sequence and thresholds mentioned in the source
FDAConfirm clearance status
Domestic salesRevenue currently around KRW 72 million
1,000 unitsNeed Korean sales before broader spread
ExportsStill appears some distance away
The observation points are the size of early revenue and the speed of domestic adoption.

Sources