Vapotherm Inc..
VAPO.US | Manufacture of medical and dental instruments and supplies
Vapotherm, Inc. is a global medical technology company focused on the development, manufacturing, and commercialization of innovative respiratory support solutions. Their primary product is a high-flow therapy system that delivers heated and humidified respiratory gases to patients. This system is u...Show More
Better Health for All
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Vapotherm's core business, high velocity therapy systems, has treated over 4.5 million patients
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and is designed to improve quality of life and reduce hospital readmissions for patients with respiratory distress.
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A published study showed 85% of patients reported improved quality of life
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and a 41% reduction in all-cause annual inpatient utilization.
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Additionally, 98% of patients agreed that daily symptom reporting helped them better understand and manage their COPD.
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The company's products are medical devices for respiratory support, with no evidence of revenue from harmful products. Vapotherm provides risk disclosures in its SEC filings and product labeling,
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with product information, including indications, contraindications, warnings, and instructions for use, available online.
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The company also issued notifications for past recalls,
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advising users on defect detection and discontinuation of use.
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Its new IoT solution for patient data includes cloud storage
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and is SOC 2 and HIPAA compliant.
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Fair Money & Economic Opportunity
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Vapotherm Inc. is a medical technology company that develops, manufactures, and commercializes respiratory support solutions, selling products to hospitals and distributors.
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The company does not offer consumer lending, deposit services, or other financial products. Therefore, all KPIs related to fair money and economic opportunity, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives, data accessibility, fair lending compliance, wealth building outcomes, profit reinvestment, financial literacy initiatives, debt burden ratio, geographic inclusion, and product simplicity, are not applicable to its business model. A shareholder alert regarding a potential breach of fiduciary duty in a merger is noted, but this pertains to corporate governance and is not related to fair lending practices.
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Fair Pay & Worker Respect
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In 2019, Vapotherm's CEO-to-median employee pay ratio was reported as 1,000+.
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The CEO's compensation increasing by 380% to $3 million.
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The company's overall employee rating is 3.7 out of 5 stars based on 125 reviews.
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All New Hampshire-based employees receive equity awards.
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Vapotherm has been named one of the 'Best Companies to Work for in NH' for four consecutive years.
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No substantiated labor-law or human-rights violations were mentioned in the provided articles.
Fair Trade & Ethical Sourcing
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Vapotherm's Third Party Code of Conduct applies to all third parties globally, including vendors, suppliers, and service providers.
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This Code outlines expectations for ethical conduct, including prohibitions against human trafficking, forced labor, and child labor, and requires compliance with all legal and regulatory requirements for compensation and working conditions.
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Vapotherm reserves the right to ensure compliance through monitoring, independent third-party verification, and audit.
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Honest & Fair Business
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Vapotherm's 10-K annual report for the year ended December 31, 2023, and its Amendment No. 1, explicitly state that the filing does not reflect the correction of an error to previously issued financial statements
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, and the document financial statement error correction flag is false
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. This indicates no error-related financial restatements recently. The company has a whistleblower policy where the Audit Committee is responsible for establishing procedures for the receipt, retention, and treatment of confidential, anonymous submissions by employees regarding accounting or auditing matters
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. Additionally, contact information, including phone numbers and an email address, is provided for reporting violations in the Third-Party Code of Conduct
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. An investigation into potential breaches of fiduciary duty by directors and management was announced in June 2024
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Kind to Animals
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The provided articles do not contain any specific, concrete information regarding VAPO.US's practices or policies related to animal welfare
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, animal testing
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, animal-derived ingredients
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, humane operations
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, wildlife conservation
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, supplier audits for animal welfare
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, cage-free sourcing
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, or investments in animal-free alternatives
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. Therefore, it is not possible to assess the company against the 'Kind to Animals' ethical value based on the given evidence.
No War, No Weapons
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Vapotherm's HVT® 2.0 system is a dual-use technology, approved for use in both civilian and Department of Defense (DoD) hospitals and Veterans Affairs (VA) medical centers.
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The company's core business is medical technology, indicating a majority civilian focus for its products. Vapotherm is committed to respecting internationally recognized human rights throughout its global operations, as stated in its Third Party Code of Conduct.
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This code also includes provisions for anti-corruption, anti-bribery, and the prohibition of child labor, with a professional conduct hotline available for reporting.
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The company has no known exposure to controversial or banned weapons.
Planet-Friendly Business
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No quantitative data or specific environmental performance metrics for Vapotherm Inc. are provided in the available article.
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The article primarily describes CSRHub's services and does not contain information relevant to any of the requested KPIs, such as emissions, renewable energy use, water consumption, waste diversion, or environmental compliance.
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Respect for Cultures & Communities
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No specific, quantifiable evidence was found in the provided articles to assess VAPO.US against any of the KPIs for 'Respect for Cultures & Communities'. Information regarding Vapotherm's internal diversity and inclusion efforts, such as employee roundtables, does not directly address external community engagement, cultural impact assessments, or other community-focused metrics outlined in the rubric.
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Safe & Smart Tech
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Vapotherm's 10-K filing from February 2024 reported no specific data breach incidents or material impact from cybersecurity incidents during the reporting period.
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The company adheres to the EU-US, Swiss-US, and UK Extension Data Privacy Frameworks, and is certified by the U.S. Department of Commerce for these frameworks.
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It also states compliance with CCPA, GDPR, and other relevant data protection laws.
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Users can request access, correction, or deletion of personal information and have opt-out options for marketing.
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No incidents of unauthorized data use have been reported.
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There is no mention of AI use in the provided articles, leading to the omission of all AI-related KPIs.
Zero Waste & Sustainable Products
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The provided articles do not contain specific, quantitative data points for Vapotherm, Inc. regarding 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, product durability, repairability scores, waste audit frequency, zero-waste certifications, waste disposal violations, material efficiency, packaging-to-product ratios, waste reduction targets, supplier waste requirements, or customer waste education programs. The articles primarily focus on financial performance, operational restructuring, product specifications, regulatory approvals, and a merger agreement
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. General discussions about the circular economy or vape disposal in some articles are not specific to Vapotherm's operations or products
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