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Tag: Flow Generators

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Growth was off for F&P Healthcare's masks

May 31, 2018HME News Staff

IRVINE, Calif. - Fisher & Paykel Healthcare reported operating revenue grew 10% to a record NZD 980.8 million, or 9% in constant currency terms, for fiscal year 2018. Split up, that's 13% constant currency growth in the company's hospital product group and 4% growth in its homecare product group. F&P reported that its operating profit grew 12% to NZD 269.8 million and its net profit after tax few 12% to NZD 190.2 million in FY 2018 vs. 2017. In the homecare product group, OSA mask constant currency...

Financial Results, Flow Generators, Masks, Sleep Apnea

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ResMed, 3B Medical end 'very long battle'

January 23, 2017HME News Staff

SAN DIEGO and WINTER HAVEN, Fla. - ResMed and 3B Medical have agreed to settle years of litigation, the two companies announced Jan. 21.Per the five-year settlement, 3B Medical and its parent company, Beijing-based BMC, will be permitted to sell their existing products in exchange for making royalty payments to ResMed.For its part, ResMed will make a one-time payment to 3B Medical to close ongoing litigation between the two companies in Florida.“This agreement brings a very long battle with...

3B Medical, Flow Generators, Lawsuits, Litigation, Patents, ResMed, Sleep Therapy

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