An Israel-based medical device maker has picked Atlanta for its North American headquarters. The company makes products that could help a growing number of people diagnosed with a sleep disorder.
Itamar Medical Inc. (TASE: ITMR) has developed the WatchPAT, a Food and Drug Administration (FDA)-approved device for the diagnosis of sleep apnea in the home environment. Sleep apnea is a medical condition that affects one in four people in the United States and is typically associated with cardiovascular disease.
According to this week’s Atlanta Business Chronicle, Itamar’s North American headquarters was in the Boston area. It was attracted to Atlanta because of the region’s medical sales and product management workforce, and proximity to a globally connected airport.
Georgia is home to more than 120 device manufacturing companies, which collectively employ more than 3,500 people, according to the 2012 Shaping Infinity report. Medical device manufacturing, which represented 23 percent of the state’s life sciences industry jobs, increased employment by 7.2 percent between 2007 and 2010. Several universities, including Georgia Tech, Emory University, The University of Georgia and Georgia State University are focused on medical device and biomedical research.
In Atlanta, Itamar expects to create more than 30 jobs over the next several months. In addition to corporate jobs, Itamar’s Atlanta hub will house a sales and product management team.
Urvaksh Karkaria covers technology for Atlanta Business Chronicle.