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WHILL, Scootaround merge

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08/23/2019

SAN FRANCISCO – WHILL, the makers of the Model Ci and Model A personal electric vehicles, and Scootaround, a provider of rental mobility solutions, have merged.

Precision Medical wants users to Live Active

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08/16/2019

NORTHHAMPTON, Pa. – Precision Medical will have not only a new portable oxygen concentrator but also a new brand and website some time this fall.

NovaSom files for bankruptcy, seeks sale to VirtuOx

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08/15/2019

GLEN BURNIE, Md. – VirtuOx is seeking to acquire the assets of NovaSom, which filed for Chapter 11 bankruptcy Aug. 2.

Inogen targets non-invasive vents

Company sees market poised for ‘disruption’
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08/09/2019

GOLETA, Calif. – Inogen is set to enter the non-invasive ventilator market with its planned acquisition of New Aera for $70.4 million in cash.

Invacare readies to ‘accelerate’

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08/09/2019

ELYRIA, Ohio – Invacare reported an adjusted EBITDA of only $5.1 million for the second quarter toward its goal of at least $20 million by the end of 2019, but company officials expect performance to improve in the back half of the year.

Inogen shakes up hiring process for sales reps

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08/09/2019

GOLETA, Calif. – Inogen may have posted its first $100 million revenue quarter, but it struggled with sales issues.

Inogen surpasses $100M in revenue

Company also announces plans to acquire manufacturer of portable non-invasive vents
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08/07/2019

GOLETA, Calif. – Inogen reported total revenue of $101.1 million for the second quarter of 2019, a 3.9% increase over the same period in 2018. It’s the first time the company has surpassed $100 million in revenue in a single quarter.

Hillrom to enter NIV market

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08/07/2019

CHICAGO – Hillrom has entered into a definitive agreement to buy Breathe Technologies, an Irvine, Calif.-based manufacturer of patented, wearable non-invasive ventilators, for $130 million.

Invacare reports improvements in operating loss, free cash flow

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08/06/2019

CLEVELAND – Invacare saw net sales decrease 4.2% to $235.9 million in the second quarter of 2019 compared to the same period last year, but it saw improvements in its operating loss and free cash flow.

North America

Comeback kid: Will it be second time’s a charm for iBOT?

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08/02/2019

MANCHESTER, N.H. – Mobius Mobility expects to relaunch the iBOT personal mobility device some time this fall, nearly 10 years after Johnson & Johnson stopped making the device. Here’s what Lucas Merrow, who has been helping Dean Kamen relaunch the iBOT, had to say about the device’s second coming.

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