What Ilex Medical does

Ilex Medical is an Israeli medical equipment and consumer health company founded in 1977 and headquartered in Petah Tiqwa, Israel. The company is publicly listed on the Tel Aviv Stock Exchange (TLV:ILX), operates with 101-250 employees, and is led by founder-CEO Moshe Benshaul. Its product portfolio spans medical equipment, food products, and vitamin supplements, serving healthcare providers and consumer health end-markets primarily within Israel.

Beyond its core operating businesses, Ilex Medical has positioned itself as an active strategic investor in the biotech sector. In February 2026 the company served as lead investor in an $18 million Series A financing round for Starget Pharma, a clinical-stage radiopharmaceutical company developing SSTR3-targeted theranostic pairs for sarcoma, neuroendocrine tumors, and malignant melanoma. The round, co-led with Louisiana Growth Fund, Cancer Focus Fund, and BRF (parent of CMIT), also established a strategic collaboration between Starget and the Center for Molecular Imaging and Therapy in Louisiana, with planned clinical work alongside MD Anderson Cancer Center and US operational expansion.

The company's business model combines direct operating revenue from medical equipment distribution and consumer health products with financial returns and strategic optionality from biotech venture investments. Detailed pricing models, customer segments, revenue mechanics, and product-level breakdowns are not disclosed in the available sources, and the provided financial figures appear internally inconsistent with the company's size and profile, limiting visibility into the operating economics of the core business.

Name

Ilex Medical

Legal name

Ilex Medical Ltd

Website

https://ilexmedical.com

Company type

Private

Founded year

1977

Headcount range

101–250 employees

Short description

Ilex Medical is a publicly traded Israeli medical equipment and consumer health company founded in 1977, serving healthcare and supplement markets, with growing strategic-investment activity in clinical-stage radiopharmaceuticals.

Ownership category

akta.pro rank

Headquarters

HQ city

Petah Tiqva

HQ country

Israel

HQ region

Middle East

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales

Core offering

Ilex Medical Ltd is a publicly listed biotech company that offers medical equipment alongside food and vitamin supplements. Its activities also encompass strategic biotech investments, including leading a $18M Series A in Starget Pharma and participating in the Louisiana Growth Fund and Cancer Focus Fund/BRF. The portfolio mixes physical medical/health products with biotech capital deployment.

Differentiator

Problem solved

Functional benefit

Products and services

• Medical Equipment Medical equipment products offered as part of Ilex Medical's biotech portfolio, sold to healthcare and clinical buyers in Israel and connected markets.
• Vitamin Supplements Vitamin supplements distributed by Ilex Medical as part of its consumer health and biotech offerings.
• Food Supplements Food supplements distributed by Ilex Medical alongside its medical equipment and vitamin supplement offerings.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves4 records

Expansion highlights4 records

Direct peers

• Nu Skin Enterprises: Public personal care and nutritional supplements company selling vitamins and wellness products globally — closely comparable to Ilex Medical's health supplements business.
• Henry Schein: US medical/dental equipment distributor — comparable to Ilex Medical's medical equipment distribution arm and similar mid-cap public company profile.
• BioGaia: Swedish probiotic and health supplement company with a similar specialty health-products business model and comparable scale.
• USANA Health Sciences: Public company manufacturing and selling vitamins and nutritional supplements globally — directly comparable in product mix to Ilex Medical's supplement business.
• Herbalife: Global nutrition company selling dietary supplements, meal replacements, and wellness products — comparable to Ilex Medical's vitamin supplement offerings and consumer health distribution model.
• Perrigo Company: US-listed consumer healthcare company focused on OTC pharmaceuticals, vitamins, and supplements — directly comparable to Ilex Medical's vitamin supplement and health product portfolio.

Broad incumbents

• DSM-Firmenich: Dutch nutrition, health, and supplements company — a broad incumbent in the global health supplements industry with overlapping customer base and product types.
• Teva Pharmaceutical Industries: Israeli-headquartered pharmaceutical giant — a broad incumbent in the same Israeli healthcare ecosystem, though Ilex Medical is far smaller and operates in adjacent health/equipment categories.
• Church & Dwight: Large US consumer health and household products company with vitamin and supplement brands — a broader incumbent in the health supplements space where Ilex Medical also operates.

Others

• Bayer (Consumer Health): German multinational with a sizable consumer health division covering OTC pharma, vitamins, and dietary supplements — a broad incumbent operating in Ilex Medical's end markets at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ilex Medical