NEXGEL, Inc. manufactures and sells high water content, electron beam cross-linked, and aqueous polymer hydrogels and gels for wound care, medical diagnostics, transdermal drug delivery, and cosmetics in the United States. It operates through two segments: Nexgel and CG labs. The company offers over-the-counter remedy solutions, such as blister and pain applications; and beauty and cosmetic solutions. It also developing …
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Where NXGL ranks in Medical Instruments & Supplies
NexGel, Inc ranks #42 of 62
scored companies in Medical Instruments & Supplies by moat score — the top 68%.
The widest moat in the group is Intuitive Surgical, Inc. (ISRG)
at 86/100.
Moat scores for companies ranked near NXGL in Medical Instruments & Supplies
How NXGL scores on the Medical Devices & Diagnostics defenses
Pricing Power & Consumable Moat
Score 25
· 25% of the moat score
In MedTech, pricing power is rarely about the machine — it is about what the machine consumes.
R&D Pipeline & Capital Returns
Score 31
· 20% of the moat score
Research spending is how a device company keeps its installed base current, but spending alone proves nothing.
FCF Quality & Cash Conversion
Score 60
· 20% of the moat score
MedTech companies grow by acquisition, and the resulting intangible amortisation depresses reported earnings without consuming any cash.
Commercial Execution
Score 58
· 15% of the moat score
Devices are sold into hospitals and labs through committees, tenders and long qualification cycles, which makes the sales organisation expensive and hard to replicate.
Capital Structure & Resilience
Score 17
· 12% of the moat score
Serial acquirers carry debt, and the question is whether the cash flows underneath it are dependable enough to service it through a downturn.
Growth Durability
Score 32
· 8% of the moat score
Growth durability separates an expanding installed base from a good product cycle.
NexGel, Inc (NXGL) scores 38 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. It ranks #42 of 62 scored companies in Medical Instruments & Supplies, the top 68%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 61 companies in Medical Instruments & Supplies. Its strongest defense is FCF Quality & Cash Conversion (60/100) and its weakest is Capital Structure & Resilience (17/100).
How does NexGel, Inc compare with other Medical Instruments & Supplies companies?
NexGel, Inc ranks #42 of 62 scored companies in Medical Instruments & Supplies by moat score. The widest moat in Medical Instruments & Supplies is Intuitive Surgical, Inc. (ISRG) at 86/100. The companies ranked closest are JIN MEDICAL INTERNATIONAL LTD. (ZJYL) at 38 just above it and NexGel, Inc Warrant (NXGLW) at 38 just below it.
How is the moat score calculated?
Each company is scored with an industry-specific template — Medical Devices & Diagnostics in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 61 companies in Medical Instruments & Supplies. The defenses are then weighted to produce the overall score out of 100.
Why is NexGel, Inc scored with the Medical Devices & Diagnostics template?
Medical device and diagnostics companies place an instrument once and then sell the consumables, reagents and service that instrument needs for the next decade. The economics are a razor-and-blade model wrapped in regulatory approval and clinician habit, so the MedTech template scores the durability of that installed base rather than the size of any single product launch.
Which competitive defenses are measured for NexGel, Inc?
The Medical Devices & Diagnostics template measures 6 defenses, and NXGL scores: Pricing Power & Consumable Moat (25), R&D Pipeline & Capital Returns (31), FCF Quality & Cash Conversion (60), Commercial Execution (58), Capital Structure & Resilience (17), Growth Durability (32). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
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