>latest-news

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 Secures Deal To Acquire Vyaire Medical’s Ventilator Business

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.”

Ad
Advertisement