We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

HospiMedica

Download Mobile App
Recent News Medica 2024 AI Critical Care Surgical Techniques Patient Care Health IT Point of Care Business Focus

Viasys to Acquire Ventilator Firm for $98 Million

By HospiMedica staff writers
Posted on 31 May 2005
In a move to extend the company's product line into the home care market, Viasys Healthcare, Inc. (Conshohocken, PA, USA) has agreed to acquire Pulmonetic Systems (Minneapolis, MN, USA) for an estimated U.S.$98 million in cash.

Pulmonetic Systems designs, manufactures, and markets portable mechanical ventilators for home health care. The company's LTV ventilator was the first commercially available mechanical ventilator to offer sophisticated respiratory modalities in a laptop-size device.
The LTV series is complemented by a comprehensive line of patient circuits, accessories, and options that meet the needs of both pediatric and adult patients. The company has annual revenues of around $42 million.

"The addition of Pulmonetic Systems to Viasys should accelerate our ability to address patient needs across the continuum of care by adding products and distribution to address home care and emergency medical services,” noted Randy Thurman, chairman, president, and CEO of Viasys. "This acquisition is consistent with our strategy of adding strategically valuable products, technologies, and distribution in the respiratory and neurological markets.”





Related Links:
Viasys
Pulmonetic Systems

Gold Member
POC Blood Gas Analyzer
Stat Profile Prime Plus
Gold Member
STI Test
Vivalytic Sexually Transmitted Infection (STI) Array
New
Mobile Power Procedure Chair
LeMans P360
New
Transcatheter Heart Valve
SAPIEN 3 Ultra

Latest Business News

Boston Scientific Acquires Medical Device Company Intera Oncology

MEDICA 2024 to Highlight Hot Topics of MedTech Industry

Start-Ups To Once Again Play Starring Role at MEDICA 2024