Tag: ABM Respiratory Care
In brief: Abbott’s spin-off, ABM’s raise, F&P’s cyber incident, GLP-1’s OSA impact
October 23, 2026HME News Staff
ABBOTT PARK, Ill. – Abbott plans to separate its nutrition business into an independent, publicly traded company with approximately $8.5 billion in annual sales.
"As we continue to shape Abbott for the future, this separation will benefit both companies, setting each one up for maximum success in its respective market," said Robert B. Ford, chairman and CEO, Abbott. "Our Nutrition business has a unique opportunity to capitalize on the growing demand for healthy nutrition,...
ABM raises $20M, injecting capital & flexibility into growth strategy
October 21, 2026HME News Staff
EAGAN, Minn. – ABM Respiratory Care has obtained a $20 million growth capital commitment from Trinity Capital, an international alternative asset manager.
ABM says the financing will support its next phase of growth, with a focus on accelerating commercial expansion, strengthening its presence in existing and new markets, and advancing product innovation, clinical research and connected respiratory care technologies.
"This financing represents an important milestone in ABM Respiratory...
ABM Respiratory Care to scale US sales efforts
June 22, 2026HME News Staff
EAGAN, Minn. – ABM Respiratory Care has successfully closed its Series B financing round, raising $14.8 million – well above its $12 million target.
The funds will be used to accelerate the commercialization of BiWaze Clear, ABM's latest airway clearance system designed for both hospital and home use. This includes scaling U.S. sales efforts, investing in clinical research, and enhancing patient engagement and digital health capabilities.
"This investment marks a pivotal...
ABM adds Tom Hill to board
December 15, 2022HME News Staff
EAGAN, Minn. – ABM Respiratory Care has appointed Tom Hill to the company's board of directors. Hill, CEO and board member of Marketlab, brings decades of experience in corporate leadership and health technologies, and a strong track record of leading product development and diverse teams around the world. "We are delighted to bring Tom onto our board, which we have carefully crafted to guide the rapid growth of ABM Respiratory Care,” said Peter H. Soderberg, chairman of the board....
Oxygen market has evolved in pandemic
December 29, 2021John Andrews
Between the continuing threat of COVID-19 and lingering supply chain disruption, 2021 was a challenging year in the respiratory market for manufacturers, providers and patients alike. The pandemic has had a profound impact on the way the HME industry operates, while product distribution snarls have been a source of frustration.
These developments illuminated the HME industry’s profile within the overall healthcare spectrum, inspired a greater embrace of medical and information technology...
People news: Doug Harper, Mickae Lee
January 5, 2021HME News Staff
Doug Harper has joined the board of directors of ABM Respiratory Care, a medical device company focused on developing integrated clearance and ventilation systems. Harper brings decades of experience in health care to ABM, and his counsel and expertise will help the company commercialize its respiratory solutions…Mickae Lee has been promoted to associate director of NCART. She has served as director of advocacy and communication for the past five years. Her responsibilities have...