Vyaire Medical, Inc., the healthcare industry's largest pure-play
"breathing" company, today announced it has acquired Ciel Medical, Inc.,
of San Carlos, CA., a medical device company focused on solving unmet
needs of medical professionals caring for intubated patients.
Ciel Medical has developed innovative technologies that will strengthen
Vyaire's strategy to offer products that can help reduce the incidence
of Ventilator Acquired Pneumonia for ventilated patients. Ventilator
Acquired Pneumonia costs the U.S. healthcare system billions of dollars
annually and Vyaire is committed to reducing overall costs of care while
improving patient outcomes.
Vyaire management sees the acquisition of Ciel Medical as a step toward
the company's stated goal of becoming the global leader in the
respiratory care market.
Tems of the transaction were not disclosed.
About Vyaire Medical
Headquartered in Chicago, IL., Vyaire Medical supports and improves the
lives of patients with a laser-focus on improving patient outcomes and
increasing value for customers. The company was formed in October 2016,
to serve healthcare customers with innovative device and service
solutions across the respiratory and anesthesia continua of care.
Vyaire's legacy brands have a 65-year track record of pioneering,
innovating, and advancing respiratory diagnostics, ventilation, and
anesthesia delivery & patient monitoring.
From industry-pioneering brands that include Bird, Bear, and Jaeger to
respected industry leaders AirLife®, Vital Signs®, Viasys, and
many others - Vyaire Medical has nearly 27,000 distinct part numbers
recognized, trusted and preferred by specialists in the respiratory
therapy and anesthesiology healthcare markets worldwide.
Learn more at www.Vyaire.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170420006492/en/
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