Inogen expands manufacturing, secures reimbursement

Tuesday, December 23, 2014

GOLETA, Calif. – Inogen has expanded its manufacturing capacity by leasing a 23,890-square-foot area in Richardson, Texas, according to Zacks Equity Research. The move will lower the company’s average cost per square foot for manufacturing. In other news, Inogen has secured insurance reimbursement in Germany for its Inogen One G3 portable oxygen concentrator. The company estimates that Germany is the second largest market in Europe for medical oxygen systems.