Tag: portable oxygen concentrator

LONDON — Tekcapital has announced that its portfolio company Belluscura has been granted 510(k) clearance and marketing authorization by the U.S. Food and Drug Administration for its X-PLO2R portable oxygen concentrator. "We are excited to see that the FDA has cleared the X-PLO2R device for sale, as Tekcapital and Belluscura believe it could be helpful to patients during the COVID-19 pandemic, and for many of the 250 million people worldwide suffering from COPD," said Clifford Gross, PhD, executive...

WINTER HAVEN, Fla. – 3B Medical will give away one Aer X portable oxygen concentrator every month for the next six months to a deserving patient that is struggling, has a valid oxygen prescription and would be ambulatory if they had a POC. The company is looking to partner with DME providers to identify patients in most need. “For patients without insurance or with coverage that will not cover a POC, getting a free Aer X may be life changing,” the company says. “Getting to...

BALTIMORE – The founders of OxyGEN will use their recent prize money to turn their prototype portable oxygen concentrator into an actual product.  Jessica Dakkak, Jonathan Smith and Wilson Tang were recently named the winners of an Innovation Challenge hosted by Three Lakes Foundation and MATTER for their POC combining high-flow ambient air with pulses of concentrated oxygen to provide more efficient...

YARMOUTH, Maine – As COVID-19 cases spike across the country, HME providers are seeing a spike in demand for home oxygen therapy, so much so that they’re worrying about their supply of concentrators.  Provider Woody O’Neal has seen a threefold increase in oxygen and services since December and says he’s concerned the health care system hasn’t seen the worst of it.  “My concern is that this post-holiday...

SAN DIEGO – ResMed has ended its three-year foray into the portable oxygen concentrator market due to “market conditions.”  The company says payers and HME providers are relying less on POCs for Stage 2 and Stage 3 COPD patients, dampening demand for the devices.  “ResMed has determined that it can successfully execute its respiratory care strategy and provide the most benefits to patients, HMEs, clinicians and all other stakeholders by reinvesting its...

CHELMSFORD, Mass. - ZOLL Medical has exclusive rights to distribute CAIRE's SAROS 4000 portable oxygen concentrator in all markets outside of the U.S. in combination with its EMV+ ventilator. By combining SAROS with the EMV+, remote medics will be able to deliver oxygen-enriched critical care ventilation and oxygenation therapy without the use of oxygen cylinders, which present refilling and logistical challenges, and are a hazardous threat in armed conflicts, the companies say. “The logistical...

JACKSON, Wyo. - Oxygen users flying Virgin Atlantic can now go to OxygenToGo for all their portable oxygen concentrator needs.“One of the things that we try to make sure people know is that they can travel anywhere in the world with oxygen now,” said Dr. Brent Blue, medical director. “They can even go on a safari with oxygen.”The travel oxygen provider has also been the exclusive provider of POCs and services to Delta Air Lines for more than 12 years.Customers who don't have...

GOLETA, Calif. - In the face of a self-described tough first quarter, Inogen plans to relax its intake criteria for its rental business and slow down hiring for its direct-to-consumer business.A big reason for the tough quarter: One national provider reduced purchases from Inogen's private label partner to $700,000 in the first quarter this year from $9.3 million in the first quarter last year.“(But) if you peel back those purchases, the rest of the domestic B2B channel is growing nicely in...

GOLETA, Calif. - Inogen reported total revenues of $86.5 million for the fourth quarter of 2018, an increase of 35.7% over the same period in 2017. Sales revenues were $80.7 million and rental revenues were $5.8 million. Total year revenue was $358.1 million in 2018, up 43.6% compared to 2017, with record sales revenue of $336 million, up 49%. Total units sold for the year were 198,600, an increase of 55.2% compared to 2017. Inogen has increased the number of direct-to-consumer inside sales representatives...

GOLETA, Calif. - Inogen teased three new products and services, including its next generation G5 portable oxygen concentrator, during a Nov. 6 conference call to discuss its financial results for the third quarter of 2018.Inogen plans to launch the G5 in the first half of 2019, first in its direct-to-consumer channel and then in its domestic business-to-business channel.“While we are not ready to talk specifics, we can say that we expect that the G5 will produce a higher oxygen capacity...