ZOLL Secures Deal To Acquire Vyaire Medical’s Ventilator Business
ZOLL wins bid for Vyaire Medical's ventilator business, pending court approval, enhancing its respiratory care portfolio.
Breaking News
Aug 20, 2024
Simantini Singh Deo
ZOLL®, an Asahi Kasei company known for its medical devices
and software, has won the auction to acquire Vyaire Medical’s ventilator
business amid Vyaire’s Chapter 11 bankruptcy. The acquisition awaits court
approval and is expected to close in the coming weeks.
ZOLL, a top player in acute critical care and diagnostic
technology, provides tools used globally for diagnosing and treating severe
cardiopulmonary and respiratory conditions. Since 2014, the company has
produced ventilation devices and accessories specifically for transporting
critically ill patients.
Jon Rennert, CEO of Zoll, said “Respiratory care has been
central to ZOLL’s business strategy for many years.If the acquisition is
successfully completed, adding Vyaire’s ventilators to ZOLL’s product portfolio
will enhance our ability to serve a broader range of clinicians and patients.”