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Final audit drags on at Invacare


ELYRIA, Ohio – Invacare is still very much in the throes of trying to complete a third and final audit to comply with U.S. Food and Drug Administration (FDA) regulations, based on an update given during a conference call last week.

Invacare’s Blouch retires

Gudbranson named interim leader

ELYRIA, Ohio – Invacare President and CEO Gerry Blouch will be paid benefits at a rate equal to 50% of his current salary ($875,000) for periods up to 18 months following his retirement, according to a Securities and Exchange Commission (SEC) filing.

ITC delivers mixed ruling for ResMed, Apex


SAN DIEGO and BREA, Calif. – An International Trade Commission (ITC) ruled July 18 that the humidifier in Apex Medical’s iCH CPAP device infringes on ResMed patents, according to a press release from ResMed.

Drive Medical ‘solidifies’ respiratory offerings


PORT WASHINGTON, N.Y. – Drive Medical’s acquisition of Medquip in July is another notch in the company’s belt in the respiratory product category.

Invacare adds teeth to pricing policy


ELYRIA, Ohio – Invacare has come back with what it believes is a more effective pricing policy for products marketed and sold over the Internet.

Invacare intros new pricing policy


ELYRIA, Ohio – Invacare has introduced a new pricing policy for providers that sell and market its products over the Internet in the United States.

Drive Medical, SP Industries make acquisitions


YARMOUTH, Maine – The HME industry saw a spurt of M&A activity last week, with Drive Medical buying Medquip, and SP Industries buying Bel-Art Products, the parent company of Maddak.

Drive Medical becomes well equipped

Invacare lives brand promise through games


ELYRIA, Ohio – Invacare is sponsoring the National Veterans Golden Age Games being held June 28 to July 2 in Fayetteville, Ark., the manufacturer announced today.

Roscoe, Carex have new direction


STRONGSVILLE, Ohio, and NORWELL, Mass. – Roscoe Medical and Carex Health Brands announced today the new name and brand identity of their parent holding company: Compass Health Brands.

Medtronic buys Covidien


MINNEAPOLIS and DUBLIN – Medtronic has agreed to buy Covidien in a cash-and-stock transaction valued at about $42.9 billion, the companies announced June 15.