MASHINIi

Utah Medical Products, Inc..

UTMD.US | Manufacture of medical and dental instruments and supplies

Utah Medical Products, Inc. designs, develops, manufactures, and markets a broad range of disposable and reusable medical devices, primarily for women's and neonatal healthcare. The company's products include devices used in obstetrics, gynecology, neonatology, and critical care. These products are ...Show More

Ethical Profile

Mixed.

Utah Medical Products (UTMD) contributes to better health through its women's and neonatal medical devices, yet its ethical record is mixed. Animal testing is conducted, and animal-derived materials may be used. Employee reviews on Indeed.com report dissatisfaction, citing 2.3/5 stars for pay/benefits and 2/5 for management/culture. The CEO to median employee pay ratio was 11:1 in 2024 (median pay $41,600). UTMD also faces product liability lawsuits. Reliance on single-use medical devices conflicts with zero-waste principles; environmental and ethical sourcing disclosures are limited. Positively, UTMD maintains a Code of Ethics, a whistleblower hotline, and 80% independent directors.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect40
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business-20
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

0

No evidence available to assess Utah Medical Products, Inc. on Better Health for All.

Fair Money & Economic Opportunity

0

No evidence available to assess Utah Medical Products, Inc. on Fair Money & Economic Opportunity.

Fair Pay & Worker Respect

40

The company's CEO to median employee pay ratio for 2024 was 11:1.

1
For 2023, the ratio was 13:1, and in 2019, it was 14:1.
2
No specific, quantitative data is available for living wage coverage, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage.
3

Fair Trade & Ethical Sourcing

0

No evidence available to assess Utah Medical Products, Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

-20

Utah Medical Products, Inc. has not had any financial restatements in the past five years.

1
The board consists of 80% independent directors.
2
A formal whistleblower policy exists, including a hotline handled by an outside attorney reporting to the Audit Committee, and retaliation is prohibited, but there is no evidence of independent investigation processes.
3
The company mentions a Code of Ethics and Code of Conduct, but lacks specific details on the strength and enforcement of its anti-corruption policy, particularly regarding international operations or high-risk markets.
4
The audit coverage does not include all Femcare Group Limited subsidiaries, and while ISO 13485 and MDSAP certifications are noted for manufacturing facilities, there is no broader information on the extent of independent verification of ethical claims.
5

Kind to Animals

0

The provided articles state that UTMD.US conducts animal testing.

1
However, no specific details are available regarding the volume of animals used, the types of animals, or the duration of testing.
2
There is also no information provided on UTMD's policies concerning animal testing, alternative testing methods, ethical sourcing of materials, or humane treatment of animals in their supply chains.
3
Consequently, there is insufficient factual data to score any of the KPIs related to the 'Kind to Animals' value.

No War, No Weapons

0

The company manufactures medical devices and does not report any revenue from arms or defense contracts.

1
There is no evidence of sales to embargoed or sanctioned regimes, and no defense business for the board to oversee or defense assets to divest.
2
UTMD has a Code of Ethics for executive officers and outside directors, and a Code of Conduct for all employees, which are publicly available.
3
For conflict minerals, UTMD publishes a Conflict Minerals Disclosure Report and states it has no reason to believe any conflict minerals in its products originated in the Democratic Republic of Congo or adjoining countries, based on supplier information for the 2023 reporting period.
4
This indicates 100% of materials are certified conflict-free with continuous verification.

Planet-Friendly Business

0

No evidence available to assess Utah Medical Products, Inc. on Planet-Friendly Business.

Respect for Cultures & Communities

0

No evidence available to assess Utah Medical Products, Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

No evidence available to assess Utah Medical Products, Inc. on Safe & Smart Tech.

Zero Waste & Sustainable Products

0

The provided articles do not contain specific, quantifiable evidence regarding Utah Medical Products, Inc.'s performance on waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management practices, product durability, repairability, waste audit frequency, zero waste certifications, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education programs.

1
While Article 4 states a general commitment to reducing environmental impact and promoting re-use and recycling, it lacks specific data or implemented actions for any of the defined KPIs.
2
Article 0 discusses general medical waste regulations and best practices in Utah, but does not provide specific information about UTMD.US's adherence or performance.
3

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.