Aug 19, 2024, 2:33 PM
Aug 19, 2024, 2:33 PM

ZOLL Wins Bid for Vyaire Medical's Ventilator Business

Highlights
  • ZOLL, a company under Asahi Kasei, successfully bids to acquire Vyaire Medical's ventilator business.
  • The acquisition is part of Vyaire's Chapter 11 bankruptcy proceedings in the United States.
  • This move strengthens ZOLL's position in the medical devices and software solutions market.
Story

CHELMSFORD, Mass. – ZOLL, a prominent manufacturer of medical devices and software solutions, has emerged as the winning bidder in an auction to acquire Vyaire Medical’s ventilator business, which is part of Vyaire’s Chapter 11 bankruptcy proceedings. This acquisition positions ZOLL, a leader in acute critical care, to enhance its offerings in diagnosing and treating patients with severe cardiopulmonary and respiratory conditions. Vyaire Medical, which filed for Chapter 11 bankruptcy, is continuing operations while seeking to divest its business units, including the ventilator segment. Until the acquisition is finalized, customers of Vyaire’s ventilator products are advised to maintain communication with the company for support and information. ZOLL, a subsidiary of Asahi Kasei, is dedicated to advancing emergency care through innovative medical devices and software solutions. The company aims to improve clinical and operational efficiencies in healthcare settings, ultimately contributing to better patient outcomes. Asahi Kasei, founded in 1922, has evolved its business portfolio to address the changing needs of society. With a workforce of over 49,000 employees globally, the company focuses on sustainability and providing solutions across its three main sectors: Material, Homes, and Health Care. For more information on Asahi Kasei’s initiatives, visit their sustainability page.

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